Waltonchain’s bounty program is met with criticism by the crypto community - Waltonchain (WTC) News. Saturday, September 15
Waltconchain Cryptocurrency News
Waltonchain’s bounty program is met with criticism by the crypto community
The team behind this blockchain project wants you to choose its whitepaper
Users and the crypto community in general were disappointed on Waltonchain’s approach to its own whitepaper, following the announcement of a community bounty program to let people choose from several reviews of the document’s various topics, in an attempt to shed some light on it and make it more understandable.
According to a Medium post by the startup, the competition is to help clarify the content in its recently-released Whitepaper 2.0. Participants will be tasked to write a review on specific topics such as Smart Contract Library, WPoC, POL, Chain Cluster, among others. People will be able to vote for their favorite review by liking and retweeting them, thus he who gets more for his review, wins the prize – 88 WTC or US $ 288 at press time.
It can be a review, interpretation or industry solution, but whatever the style, it must have a minimum of 300 words. Aditionally, participants can tweet an info-graphic of 1500 x 1000 pixels in their respective Twitter account.
Upon announcing the bounty program, people began to criticize it, and the Waltonchain team, for their poor approach to its own Whitepaper, questioning the success of this project.
“Waltonchain is my favorite project in the space. However, the team has recently released Whitepaper 2.0 and it has received a lot of criticism from this community and other crypto communities because it was kind of vague. To be honest this leaves me bothered and worried. I can't really understand how such a big project like Waltonchain could drop such a low quality Whitepaper,” says a Reddit user.
Another user commented: “This whole constest makes no sense at all. How do they expect us to review POL when they haven't even explained how it works or their Smart Contract Library when it's not open-sourced. It seems like the marketing people took a ridiculous initiative here.”
At the time of writing, no Waltonchain representative has commented on this feedback.
Follow TokenTops on Twitter to stay notified about new articles, cryptocurrency news, ICO announcements and price predictions and analysis.
Legal Disclaimer: Please remember that trading, buying or any other type of investing in cryptocurrencies should be consider risky and may lead to the loss of all of the invested money. For further information visit Terms and Conditions section on TokenTops. We do not encourage our readers to any kind of financial decisions. Neither tokentops.com nor its parent companies accept responsibility for any loss, damage, or inconvenience caused as a result of reliance on information published on, or linked to, from tokentops.com. We believe that everyone should make their own and in depth research on the particular topic in various sources before making any financial decision and this person should be the only one responsible for the outcome. Our writers do their best to remain unbiased and don't actively support any project. The research is done with various sources, the predictions are based on own believes, analytical skills, experts and community discussions and is intended to convey general information only.
You may also like
Waltonchain Becomes Safe Harbour For Investors?
Waltonchain’s 3rd Child Chain Moneynet Listed On Coinzest - Waltonchain (WTC) News
Waltonchain (WTC) is paired with ETH and USD on Bitfinex and Ethfinex - Waltonchain News
Waltonchain (WTC) Released Roadmap For This Q4 - Waltonchain News
Waltonchain Partners with Edenchain for Technical Exchanges - Waltonchain (WTC) News
Litecoin trading pairs to be listed on Winklevoss-led Exchange - Litecoin (LTC) News
You need to login to create comments.