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Live on Bloom: Bounty0x Integrates Bloom for KYC Compliance


Today, Bloom and Bounty0x are happy to announce the launch of Bloom verified accounts on Bounty0x! Earning tokens or money for completing work, no matter how small or large, can be incredibly rewarding. We’re proud to be supporting Bounty0x, a platform that enables bounty hunting with rewards for completing marketing, software development, and creative tasks.

Bounty0x's rewards range from small payouts to those worth hundreds of dollars. On the higher end of that work, where hundreds of dollars could be paid out for a task, the companies facilitating that transaction must ensure that they can tie back a verified identity to the person completing the work and receiving the reward. Bounty0x wants to ensure those folks get rewarded for fulfilling the bounties posted on their platform while adhering to the appropriate regulations, and that's why they have been searching for a KYC solution that is easy to use, matches the Bounty0x ethos and culture, and is cost effective.

Now we are combining Bounty0x accounts with verified BloomIDs! We’re proud to support KYC solutions that encompass a global population. Building up trustworthy signals to verify identity opens up a whole new suite of services to billions of individuals who could not previously access them without leaving their home country.

About Bounty0x

Bounty0x Logo

Bounty0x aims to make earning crypto simple. You can earn cryptocurrency and tokens by completing a variety of tasks. For businesses, Bounty0x strives to be the easiest and safest way for your business to hold cryptocurrency bounties and hire bounty hunters to complete tasks.

"We take compliance very seriously but also care about great user experience. Hence, integrating BloomID for our KYC system was a logical next step for us," shared Pascal Thellmann, Chief Marketing Officer at Bounty0x

Hunters can now use their BloomID to show they have a verified identity on Bounty0x, enabling them to participate in more and larger bounty campaigns! When adding a verified BloomID, Bounty0x asks that you for your email address (which must match your Bounty0x email address), full name, and that you have successfully completed the ID Document and Sanction Screen attestations. You will receive an email from Bounty0x after successfully completing the Level 1 KYC verification through their web app.  

Bloom's sharing requests are transparent and concise, making clear what data you will be sharing.

Bloom has always been predicated on the notion that individuals should control their own data, a decentralized identity should help them gain access to new services, and that it should be usable in a variety of use cases. With today's announcement, we take another step toward making all those ideas a reality thanks to the team at Bounty0x and their support!

Your Bounty0x profile will show you a Completed status on KYC Level 1 after the process is done.

If you have a BloomID and Bounty0x account, head over now to connect your BloomID and gain access to more bounties. If you are an active bounty hunter or host, we encourage you to create a Bounty0x account and take advantage of the opportunities available on their platform!

Bloom will also be posting several bounties on Bounty0x with the goal of localizing more of our content for a global audience. We will announce those as soon as they are posted!

Bloom: Take Back Control of Your Data

At Bloom, we are giving you the tools to take back control of your data. No more centralized data storage. No more selling off your data to the highest bidder. No more risking identity theft. Bloom enables you to own, control, and protect your data using the latest advancements in blockchain technology.

It’s time to take back control of your data and unlock the power of a secure, reusable identity today. Download the Bloom mobile app to build a cryptographically secured identity and get free data breach alerts with Radar!

Learn more about the latest with Bloom:

Live on Bloom: Bounty0x Integrates Bloom for KYC Compliance
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