Bounty0x - Due diligence

[icochecker]

Bounty0x (STX)

Team

• Angelo Adam | Linkedin profile does not mention bounty0x | Github
• Pascal Thellmann (Co-founder) - Jun 2017 - Present Linkedin profile | Github
• Deniz Dalkilic (Co-founder) - Oct 2017 - Present Linkedin profile | Github

Advisors

• Uwe Thellmann Linkedin profile
• Cathy Tao Linkedin profile
• Shahaf Bar-Geffen Linkedin profile
• Sean Hoge Linkedin profile

Company

Bounty0x Ltd.

5th Floor Genesis Building
Genesis Close
Grand Cayman KY1-1106

Authorisation Code: B99855005245
Entity File Number: AD-327205

• Cayman Islands Online General Registry

Github

• bounty0x

Product

• Alpha

Smart contract

• Crowdsale on github
• Presale contract on github
• PreSale contract deployed - View on etherscan

Vesting

• 30% of tokens for founding team, vested over 18 month
• 3% of tokens for advisors, vested over 6 month

[agentbutlr]

Why is there a warning label for this one. Just trying to understand the labelling system.

[icochecker]

Why is there a warning label for this one. Just trying to understand the labelling system.

@agentbutlr It does not meet icocheck.io requirements.

If one field has an "x mark", issue will have a "warning label".

Bounty0x team tokens vesting schedule is 18month. icocheck.io requires a min of 24 month.

[alexanderisora]

Hello.

What is "vesting" and "cliff" and what are the most common/best practices for making it?

Thanks.

[icochecker]

@alexanderisora
Vesting schedule = Token lock
Example team tokens locked for X years. Team can't sell all their tokens before X years.

• This prevents Teams from dumping their tokens.
• It's the incentive for them to work

1 year cliff. Means that tokens won't vest during the 1st year. If a team member leaves before the 1st year he gets nothing

If you have more questions you can also find us on Telegram https://t.me/checkico
🙂

[alexanderisora]

Thanks for the great explanation @icochecker 👍