Nxt’s New Ardor Blockchain Mysterious Member Launches $150,000 bounty

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To help with the launch the upcoming Ardor Blockchain, a platform built by Nxt that uses child chains and incorporates their latest Blockchain innovation –  a leading investor within the NXT community, who is known as Megalodon, is offering 5 million NXT (approximately $150,000) to anyone who runs NXT nodes.  Backed by the NXT core developers, the bounty will be awarded in the form of a massive transaction fee.

According to Roger Aitken from Forbes,  Megalodon, who got their nickname from the Nxt community as a reference to the whale-eating prehistoric shark, is the largest current single NXT holder. He/she maintains near-total anonymity. As an aside a ‘whale’ is crypto-currency slang for a large investor or stakeholder.

He writes:

Megalodon – or let’s use Meg for short – has always supported the Nxt community. And, their basic motivation appears to be the “long-term success of Nxt”, rather than short-term financial gain, according to Pearce.

He further explains: “By offering a percentage of their holdings to a bounty program, Meg can encourage the growth of the Nxt network. This growth will probably be reflected in an increase in the value of NXT itself, so Meg’s contribution to the bounty program will probably be an effective investment for them.”

Nxt can be run directly from a desktop and the Nxt community provides assistance to help users in their setup process, through the nxtforum or Nxt Slack , a project collaboration/communication platform. Specifically, it is used for day-to-day communication within the Nxt community and various project teams.

 

 

About Richard Kastelein

Founder, Publisher and Editor in Chief of Blockchain News and co-founder and director at Blockchain Partners in London/Amsterdam/NYC, Richard Kastelein is also an advisor with a number Blockchain startups doing ICOs including DECENT.ch, Inchain, Humaniq, Chronobank, eGaas and others.

He is regarded as one of the top journalists by the Blockchain and fintech communities – as is evident by his entry in the Top 150 Fintech journalists online and in the top 10 of the Blockchain Top 100 List. As a prominent keynote presenter, he has spoken on Blockchain at events in Gdansk, Amsterdam, Minsk, Dubai, Antwerp, Eindhoven etc, where he helped spread the cause for Blockchain technology and crypto-currency and, consequently, has built a notable network inthe scene.

In 2013, the European Commission appointed him as an expert for overseeing financing for emerging startups as a part of the European Commission’s 90 billion euro Horizon 2020 project, created in Brussels to promote innovation as a driving force of job creation and business ventures across Europe. He has also worked as an external expert for Innovate UK since 2012, judging startups for the UK government.

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