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Monday, May 10, 2021
Home News Nxt's New Ardor Blockchain Mysterious Member Launches $150,000 bounty

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

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.

 

 

Richard Kasteleinhttps://www.the-blockchain.com
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, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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