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What are Bounty Offerings?

Bounty Offerings, such as our IBO (Initial Bounty Offering) and OBO (Ongoing Bounty Offering) are a way to crowdsource human resources, technology development, marketing, business development and user acquisition by offering network tokens in exchange for completing objectives to grow an ecosystem that will be used by its participants. With the launch of the U.CASH network platform, the world’s first IBO was introduced by offering the majority of the network access tokens (UCASH) to users through a bounty program, so that people can acquire tokens by contributing their skills and time. This lead to many hundreds of thousands of individual users having small amounts of UCASH each for usage on the network.

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