Technology

Solana Blockchain

• BountyDime token is built on Solana Blockchain - that is one of the fastest and the most efficient blockchains ever created. Solana is #5 Blockchain by capitalization at the time of writing, while Bitcoin, the most famous crypto is #1.
  

Blockchain

• Blockchain, in simple words, could be compared to a digital, immutable and decentralized ‘accounting ledger’ online - All transactions are agreed upon via consensus mechanism by validators and recorded into blocks of transactions encrypted with cryptology algorithms. All transactions are visible and tracked on chain and none can be deleted or modified.

Wallets

• Crypto wallets are an integral part of the blockchain ecosystem, like bank accounts in the banking sector. You, as a user, will need to open a crypto wallet that supports Solana to access your free reward, e.g. https://phantom.app/.

Roadmap

• Standard reward rate - 10%

• Deals covered > $10k USD

• Profit sharing lottery among token holders - elevated rate

• NFT lottery among token holders

• ‘Vacation-On-Us’ and ‘Car’ lottery among token holders

Phase 1

• ‘Timeshare’ lottery among token holders

• Timeshare/Vacation resorts partnerships with hotels and resorts

• Elevated reward rate - 20%

• Deals covered > $20k USD

• Profit sharing lottery among token holders - standard rate

Phase 2

Phase 3

Phase 4

Phase 5

• token staking rewards

Frequently asked questions

Why does BountyDime provide free rewards?

1. Make consumers better off. The endless printing of money by the global leader states (without economic growth to support it) leads to devaluation of global currencies, high inflation rates, high interest rates, market bubbles and recessions/depressions/collapses. This brings us as consumers into a constantly worsening state (e.g., salary does not grow as fast at the prices of goods). We cannot control the emission of fiat currencies and global markets, but we can control the rewards in blockchain. Thus, we want to make consumers better off.

2. Deals should be rewarding even if we borrow funds, rent a property or purchase real estate and stuff. For example, a car’s value depreciates the minute we buy it and leave the dealership (and it should). Rent prices increased significantly in recent years and they rarely (if ever) go down. Loan rates also saw a steep increase recently. Borrowers pay a significant premium over the lifetime of the loan and can overpay it in times (of course we need to consider the present value of money). That said, we want to provide a reward to consumers so they get ‘something extra’ for their deals and eventually get better off. BountyDime token is an additional bounty for your business.

3. Blockchain education. A free crypto reward provides an opportunity for a larger population to learn the mechanics of blockchain, wallets and tokenization. We know that blockchain and tokenization is the future (similarly as the invention of a wheel, steam engine or internet was) and would like you to be part of it early in the game.

4. There is nothing to lose so why not gain?

What is BountyDime token?

BountyDime token is a real crypto asset created on Solana blockchain. This transaction on Solana blockchain explorer solscan.io shows the details about the token creation - 5tuCDFpHM7Lp9VQEW9Ahdwu7iKs99tNPayLmj

Why do I need BountyDime tokens?

Why not, if you get it for free?
Bitcoin (the first and the most known crypto) was priced at $0.0009 when it started trading in 2009. Imagine getting a handful of Bitcoins at that price and keeping them till these days.
Also if the programmer from Florida who purchased two pizzas for 10,000 Bitcoins on May 22, 2010 could only imagine the future value of Bitcoin we would never have had that transaction.

Is there any trick with BountyDime?

There is no trick with BountyDime token as we provide it for free to end consumers for your deals with our partner organizations. As consumers, you do not need to buy it or spend any funds. Think of this as a reward similar to ‘airline miles’ you receive for making purchases. Similarly, BountyDime token is a reward for your deals.

Seller/Lender/Landlord is not aware of BountyDime?

Please send your counterparty to our web-site and we’ll work on the partnership details in the most effective manner.

Do I need to buy BountyDime token?

No, you do not need to buy BountyDime token. You’ll be rewarded with the token.

How will I get my reward?

After you complete your transaction, your counterparty will inform BountyDime. We’ll create your new blockchain wallet and deposit reward tokens. We’ll share the details on how to retrieve your reward over email shared by a participating partner.

Can I get a refund in BountyDime if I lose my wallet details?

No. After we share the wallet details with you, we do not have access to your wallet or tokens. We cannot recover it and cannot control it. In Blockchain transactions are not reversible.