Bounty Chain refers to a system in blockchain projects where developers and the community reward individuals for finding bugs, vulnerabilities, or improvements in the code. This approach encourages a collaborative effort to enhance the security and functionality of a blockchain.Participants typically receive rewards, often in the project’s native tokens, for their contributions. These bounties can vary based on the severity of the issue or the significance of the proposed improvements. Bounty Chains create an incentive structure that helps maintain the integrity of the project while fostering a sense of community. They also encourage transparency, as results and contributions are usually publicly documented. In summary, Bounty Chain plays a vital role in empowering individuals to contribute positively to blockchain projects while receiving rewards, thus benefiting both the contributors and the overall ecosystem.