FAQ
General Questions
What is ChainBounty? ChainBounty is a Web3-based decentralized platform designed to tackle cybersecurity challenges by leveraging community contributions. Users can report scams, threats, and suspicious activities while earning rewards for their contributions.
Who can use ChainBounty? Anyone interested in cybersecurity, blockchain, and protecting the Web3 ecosystem can participate. This includes individuals, businesses, and even law enforcement agencies.
What does ChainBounty aim to achieve? Our vision is to create a safer digital ecosystem by resolving Web3 cybersecurity cases with community-driven insights and decentralized experts.
Points and Rewards
What are ChainBounty Points (CBP)? CBP is the platform's reward system for contributors. Users earn CBP by reporting scams or threats, engaging with the community, and participating in platform activities.
How can I use the CBP I earn? CBP can be used for various platform features, such as:
Wallet risk analysis
Bounty campaigns (investigation requests)
Donations to other users' posts or contributions
Is there a limit to how many points I can earn? Yes, there are daily and weekly caps on CBP to ensure fair distribution and to prevent system abuse.
What happens to unused points from weekly allocation? Unused points from the weekly allocation are not carried over to the next week and will expire automatically.
Scam and Threat Reporting
What can I report on ChainBounty? You can report:
Scam emails, SMS, or phishing websites.
Advanced cybersecurity threats, such as ransomware, malware, or suspicious wallet activities.
How do reports get validated? Reports are reviewed and validated by approved validators within the ChainBounty community to ensure accuracy and reliability.
Do I receive rewards for every report I submit? Rewards are given only for validated reports that meet the platform's criteria and guidelines.
Community Engagement
How can I engage with the community? You can:
Participate in discussions on blockchain and cybersecurity.
Share insights or tips in the Community section.
Comment on posts or provide feedback.
Can I donate points to other users? Yes, you can donate points to users for outstanding contributions, such as insightful posts or helpful reports.
Wallet Risk Analysis
What is the Wallet Risk Analysis feature? This feature allows users to analyze blockchain wallet addresses for their risk levels (e.g., low, medium, high, critical). It helps individuals and businesses avoid fraudulent interactions.
Will this feature remain free? It is currently free but may require CBP (or tokens) in future updates.
Account and Security
How can I create an account? You can sign up with your email or blockchain wallet address. New users receive a 100 CBP welcome reward upon registration.
What happens if I deactivate my account? Deactivated accounts will have their wallet addresses flagged and restricted from re-registration.
How does ChainBounty protect user privacy? The platform ensures data protection through blockchain transparency while maintaining user anonymity wherever necessary.
Future Updates
What features are planned for the future? Upcoming features include:
Investigation requests for victims of cybercrime.
Advanced bounty campaigns for high-impact cases.
Integration with Web3 projects and law enforcement collaborations.
Will ChainBounty launch a mobile app? Yes, a mobile app is planned for future releases to enhance accessibility.
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