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 of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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