Wednesday, October 31, 2018

Namek.io: Changing The Way People Earn Cryptocurrency Reward

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In the ICO industry, bounty and airdrop are small discrete tasks that projects reward with a share of their token supply. These tasks would include following twitter accounts and retweeting tweets, advertising the ICO in a forum signature, translating basic in different languages, writing articles on medium.com or steemit, or finding security bugs in smart contract code. They have long been used to bootstrap marketing and (to a lesser extent) code review.

Namek.io is positioning itself as a bounty and airdrop management platform that can both help projects run their own bounty campaigns more effectively and potentially spread the practice of bounties beyond ICOs. In its simplest form, their vision is to build a platform where companies can post jobs that need doing, and freelancer can complete the bounty requirements to receive a pre-determined reward.

What is Namek.io?

Namek.io is a project that aims to create a platform for decentralized bounty and airdrop management. With Namek.io, any startup company or business owner can post a bounty campaign and Individuals (aka freelancer) can participate in bounty campaigns and receive rewards and payments for completing bounty tasks.

A bounty or airdrop, in the context of cryptocurrency, usually refers to a task or job that has been created by coin developers. These tasks or jobs can range from promoting a coin on social media. Namek.io was conceived to tackle the inefficiencies that can exist when a start-up or company chooses to run a bounty and airdrop campaign. Currently, it can be time consuming for start-ups and companies to advertise their campaign on various public forums. Namek.io aims to streamline the entire bounty process by acting as a singular platform in which bounties can be hosted and completed in a seamless way.

This unique platform provides an efficient way to review tasks, handle all payments, provide individual assistance when needed, and capture a larger advertising and marketing audience. There are multiple platforms for freelancers, but Namek.io is designed for bounty and airdrop in particular, and is built for bounty management.

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Namek.io Services

The company works with 3 kinds of function: Airdrop Platform, Bounty Platform for Freelancer, and Bounty Platform for ICOs. Each one of them has a specific function in the Namek Ecosystem.

The Airdrop Platform

Airdrops are mainly distribution of tokens out to existing or new holders as a marketing strategy to promote a product, service, coin, or exchange. Of recent, this act has become increasingly important and as more people, especially new people, the need for a platform which will regularly publish these airdrops are required.

Airdrop Platform is a place where you can get notified of airdrop events and know exactly what to do to partake of the token distribution.

Bounty Platform for Freelancer

A bounty is a promotional campaign unique to ICOs. It incentivizes fans of the project to take part in promoting, receiving a reward in tokens if the project is met with success. The Fans of the project are the freelancers, they choose their tasks and complete them to get paid.

Bounty Platform is a place where you can get notified of Bounty events and know exactly what to do to partake of the token distribution.

Bounty Platform for ICOs

There are a lot of projects creates in the market of crypto currency that have their own unique idea of ​​using blockchain technology. Most of them do not have enough money to start work and they are looking for potential investors among all people — this process is called ICO.

Bounty Campaigns have become an integral part of ICO marketing. Bounty Platform is dedicated to bridging the gap between having a satisfied client, and delivering results fast in return of the work freelancer put in. Bounty Platform can handle bounty campaigns in an efficient and cost effective manner.

How It Works?

Freelancers are individuals that choose to participate in bounty campaigns. They need to register on Namek.io and fill the details of their basic information, including: name, skills, language, social media links, and wallet address at the first place. From a list of available bounty campaigns, They have to select and partake in a bounty they are most suited to. Freelancers are allowed to submit their work directly through the Namek platform.  In return for successfully completing bounty tasks, freelancers will receive a reward directly to their compatible wallets provided.



The Team Behind the Project


Namek.io Token: NMK

The NMK token is based on the ERC-20 standard of the Ethereum blockchain platform. NMK token is the main way to pay for Namek bounty and agency services for startups. When an ICO/TS list its Airdrop on Namek.io, it pays using its own tokens. Therefore, every person who owns NMK tokens can receive tokens from customers that want to undertake an ICO through Namek.io platform or use the platform as a distribution of their Airdrop.

In term of ICO, NMK total supply is 400 Million. An amount of 40% of  token total supply will be up for sale. The token price at whitelist will be 1 NMK for 0.00048 ETH. There will be a 2,000 ETH targeted for soft cap, and 20,000 ETH for hard cap. 





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