Bounty

In the cryptocurrency context, the term Bounty refers to a reward in return for completing a specific job or (micro-) task.

Like Airdrops, Bounty programs can be understood as a marketing strategy to promote and distribute new coins or tokens. The most prominent examples of Bounty programs are social media campaigns on Twitter or Facebook, content creation campaigns, signature campaigns, translation campaigns or bug Bounty campaigns.

Bounty programs often take place as part of the Initial Coin Offering (ICO) of new blockchain projects.

See also: Airdrop, Altcoin.