Bountie is the blockchain platform aiming to be at the middle ground at the bridge of professionals of e-sports players with the casual gamers. It enables the users to have a chance I order to earn living by playing the games whatever they love to or they are good at. Bountie enables every sort of games available with competitive elements and supports enjoying a number of players with a plan to facilitate the platform.
The platform enables Bountie tokens for underlying currency to the gamers. This lets the users use them for registering tournaments, trade or even purchasing gaming products. The partners even retail the acceptance of the tokens as a mode of payment.
Inefficient Interest
Bountie platform faces risks of insufficient interest in the platform or even distribution of applications. The platform also makes possible that no adoption and sued with a larger number of individuals, companies and other entities for having limited public interest in general.
This regards the creation of development of the platform or distribution of platforms. The lack of interest may have the negative impacts on the development of the platform and potential utility to the tokens. This also includes the utility of tokens obtaining the service with more feasibility.'
Development and Maintenance
There might be some risks associated with the development and maintenance related to the platform of Bountie as it is still developing. It should be noted that some significant changes might undergo over time through the original state and the company intends to have some tokens into the platform. the functions also describe and intend to take it commercially reasonable steps till the end so that the company can have some changes with some specifications of tokens to the platform including any legitimate reasons.
The company has absolutely no control over the participants enabling thirds party products or services offered. It also has a lesser idea regarding the third party products and services utilizing the tokens. It will also generate the possibility of expectations into the token platform.
This embraces the further development and maintenance to meet the expectations while purchasing. The good faith of the company effort depends on the development and participation into the platform and it will also be possible through the platform to experience any malfunctions, else it may fail with the adequacy of developed and maintained functions. It may have a negative effect on the platform and tokens for the potential utility of tokens including token obtaining services.
Unfavorable Fluctuation
In the platform of Bountie the values of ETH, BTC or any other coins involved in it may fluctuate and it the fluctuation does not retain over the hands of the company. The value of the coins also fluctuates unfavorably at the time of token sale when the company may not be able to the fund any such development or maintenance of funds and platform. the regular market forces have many potential events to exacerbate the risks of unfavorable fluctuation for the value of ETH, BTC or any other coins.
This may include DAO-like attacks to the Ethereum network with some significant impact on the incident or market irregularities for one more of the major cryptocurrency exchange.
The Bountie platform makes a room for creating great gamer profile and matchmaking criteria that permit the gamers to store their gaming stats. This helps to find appropriate tram members and players for practicing and playing. The players can earn Bountie coins by participating in the tournaments and achieving challenges daily.
Website : http://bountie.io/
Whitepaper : http://bountie.io/docs/whitepaper.pdf
Thread : https://bitcointalk.org/index.php?topic=2436226
Twiiter : https://twitter.com/BountieGaming
Facebook : https://www.facebook.com/BountieGaming/
Telegram : https://t.me/bountietoken