Community Reserved Bounties

ZeroCrypt
3 min readNov 11, 2016

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We shall reserve 1,000,000 ZXT (1% of the total amount) for bounties which we will distribute to everyone who supports Zcrypt before and during the ICO. You can support Zcrypt by creating more awareness within other crypto-currency communities and strengthening its brand.

Below you can find detailed information about our bounty categories and how to earn bounties. You can participate in this bounty campaign until the 14th December 2016 (or until ICO goes sold out). All bounties will be distributed 1–2 weeks after the mainnet goes live.

We don’t know how many users will participate in our bounty campaign. Therefore we will allocate specific amounts to each category and distribute the ZXTbetween all participants. To give long-time supporters an increased stake, we will check through all participants on a random day every week. Every week symbolizes one stake and every user can collect one stake on every category each week.

The numbers behind every category represents the amount of the 1,000,000 ZXT which we will allocate towards it.

Newsletter Subscribers — 50,000 ZXT

Subscribe to our newsletter and receive weekly summaries about Zcrypt. Just scroll to the bottom of our website and insert your email address into the form which says “Your email”.

Twitter Followers — 100,000 ZXT

Receive a regular stream of Tweets at our official Twitter account. We will keep you updated about Zcrypt, our website and our services. From time to time we will also post useful tips and tricks.

Signature Campaign — 200,000 ZXT

Add our official signatures from our Bitcointalk OP to your Bitcointalk profile and receive a stake every week! This way many more crypto-currency enthusiasts will get in contact with Zcrypt project.

Update: In order to make a weekly list of all Bitcointalk users with our signature, they need to send a private message to this account (Zcrypt) at least once. Once a week we go through all the private messages and write down all usernames with our signature.

Translations — 300,000 ZXT

Everyone who participates in translation work will receive a stake in this category. So if you see that our Bitcointalk OP wasn’t translated into your language yet, then please contact us.

Extra Bounties TBC — 350,000 ZXT

We reserve this amount of ZXT to fund other innovatives and useful community marketing campaigns in the future. Many community contests will be run to incentivise users to apply with their best solutions for Zcrypt growth! All the new community campaigns will be announced through our official communication channels.

Example

In order to understand our system easier we created a fictional example below.

At the end of the bounty campaign there are two people participating in the “Twitter” category.

  • User A followed us on Twitter for 2 weeks, he owns 2 stakes.
  • User B followed us on Twitter for 6 weeks, he owns 6 stakes.

This means there are a total of 8 stakes in this category.

  • User A will receive ¼ (2/8) of the 100,000 ZXT, i.e. 25,000 ZXT.
  • User B will receive ¾ (6/8) of the 100,000 ZXT, i.e. 75,000 ZXT.

If you have questions about our bounty campaign we gladly invite you to join us on our Bitcointalk thread or on the Official Zcrypt Chat.

Important! To be able to receive the bounties we need to get your ZXT address on launch day. Therefore we will get in contact with you after launch though your email, your social network account and your Bitcointalk profile and request your Zcrypt address.

Thank you very much.

Kind regards,

ZeroCrypt Development Team

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ZeroCrypt

Blockchain-as-a-Service with Zero-Knowledge Protocol