The crypto-world is becoming bigger and interesting as we speak. The industry experts are ever restless, launching new alt-coins almost every day. But this is not the only thing that is being done in this industry. Once you start following the news, you will see a lot of new terms and activities that quite frankly don’t make any sense to some people as well. One of these terms is ICO bounty program. You must be wondering, Wait, what is that?

Recent years introduced us to a new phenomenon in finance and currency unprecedented in the history of human civilization. All this, just as every new communication and information technology advancement, we owe to the advent of semiconductors which human ingenuity discovered and harnessed from natural processes uncovered by biology, chemistry and physics.

Cryptocurrency entered human consciousness only in the past few years and yet has grown phenomenally due to its revolutionary nature, being a currency tool that is practically unregulated by any formal financial institution other than the “underground” purveyors of the currency who resided online in the virtual world. In short, it introduced a convenient way to hold money, save money and spend money that was invisible but was as efficient as real fiat money itself. It was a radical idea that was quite liberating for the individual. And the fact that it was a growing phenomenon at the very outset brought many to dip their fingers into the sumptuous pie.