The U.CASH Initial Bounty Offering
With the launch of the U.CASH platform we introduce the world’s first Initial Bounty Offering (IBO). We are offering the majority of network access tokens to users through a bounty program, so that people can acquire tokens by contributing their skills and time. We believe this is a very equitable distribution, where many network benefits will be realized.
What is an IBO?
Initial Bounty Offerings are a way to crowdsource human resources, business development, marketing and user acquisition for blockchain technology ecosystems, by offering network tokens in exchange for contributions to the ecosystem.
IBO’s (Initial Bounty Offerings) are a method for blockchain ecosystems to crowdsource whatever resources, services or requirements are needed in the process of developing their products. Bounty offerings are claimed by IBO contributors, or “Bounty Hunters” who are rewarded network tokens in exchange for their participation. There is no absolute requirement to invest money or own digital currency such as Bitcoin.