Crypto Bounty Hunting Is Offering A Way Out of Poverty

As chipper as his demeanor made him out to be, Crypto Shaolin calls this past work "Frustrating." Not only was it meager pay, he had ambitions to rival his role models Elon Musk and Steve Jobs.

More than just a handout Crypto Shaolin would use the opportunity for a career change, eventually delving into the world of digital "Bounty hunting," a job for which he is now paid in cryptocurrency.

Not a conventional employee, Crypto Shaolin is rather a freelancer of sorts for a platform called Bounty0x, a site that's part of a growing movement of similar services.

Ethereum bug bounty websites like Gitcoin and BountiesNetwork have seen increased use of late from both sides of the marketplace.

A growing number of people are making money off crypto - not in the normal way of HODLing or day trading - but by gobbling up small "Bounties" by completing a whole range of tasks.

One unique part of Bounty0x, is it allows bounty hosts to post bounties in any cryptocurrency, whether ethereum or a lesser-known obscure token.

Bounty0x specifically thrives on the non-developer-based bounties - and it shows since the platform has more than 30,000 active bounty hunters.

It's not only those fighting poverty that are finding themselves better off with bounties platforms like Bounty0x.

Crypto enthusiast Vinay V, who lives and works in Bangalore, India, said he was able to make $500 instantly in his first crypto airdrop, a popular way of attracting users to new cryptocurrencies by sending them free tokens based on how many coins on another platform they hold.

In that search he ran into crypto bounty hunting on Bitcoin Talk, and while he found it a good source of income, there was one problem with the user experience of that platform.