Chainwhiz — A new bounty marketplace for Web3 projects
Published: 2022-02-15 18:42:03

Want to work in Web3? Here’s a great place to start right away!

![Chainwhiz Image](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/l0m2mosa8h4frecs69ko.jpeg)

Over the past decade, bounties have proven to be the fastest way for projects to scale without friction. Be it bug fixes or CSS changes in your website or an interesting feature update — projects can outsource these quickly using bounties and cut short the hassles of a long hiring process while freeing up more time for core tasks.

The demand for talent is hitting the roof in Web3 and bounties provide a leeway to hire good talent, get work done without hampering the organizational flow. This is the fundamental reason why the bounties market is valued at **223.1M USD** and is projected to grow at a **CAGR of 54%**.

[Chainwhiz](https://app.chainwhiz.app/) is an open-source bounty marketplace that helps Web3 projects connect with independent developers and communities. If you’re a bounty hunter or are looking to do some freelancing gigs to earn a few extra bucks in crypto, [**then you must check out the platform**](https://app.chainwhiz.app/). Using [Chainwhiz](https://app.chainwhiz.app/), developers like us can help projects fix bugs, implement interesting features, and issues faster with the help of our skills, and get paid in cryptocurrency.


![Coder](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/gosuo0b9x8t1d3gyemjo.jpeg)

Having just launched last month, the competition on [bounties](https://app.chainwhiz.app/solve) is significantly low compared to other established marketplaces like Gitcoin, Upwork, etc. This means this is a golden opportunity for everyone to contribute to the bounties and become early users of this platform. Contributing to bounties is much cheaper as Chainwhiz runs on the Polygon Mainnet, which allows for near to zero network fees. [**Start solving bounties Now!**](https://app.chainwhiz.app/solve)

Chainwhiz has also **announced a pool of 50 MATIC** tokens to be shared among the developers who submit a solution to one or more of the bounties posted on their platform, presently. **[Get Started Now!](https://app.chainwhiz.app/solve)**


![Chainwhiz Tweet](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/fzndbp30xoopmqx9reiv.png)

Chainwhiz introduces a new concept called solution voting. This helps projects posting bounties discover the best solutions faster than ever. Normally, when a project posts an open-source bounty on any marketplace, there are a lot of interested developers submitting solutions. Once the time for the bounty runs out, the project needs to inspect all the solutions and figure out the best ones. This is a time-consuming process and is not at all optimized for projects with limited teams and resources.

Now, this problem is eradicated completely with the help of a system where community members on the platform can vote on solutions submitted to a bounty. Once the time runs out, the project posting the bounty has a list of solutions along with voting scores for each of them. The project’s job is 10x faster and easier. It can now easily identify the best ones of the lot using the scores as a reference. From hours to just minutes of work.

The community receives incentives in the form of tokens for voting and participating in the solution validation process. **[Learn more about Community Voting](https://medium.com/articles-more-every-week/community-voting-defining-the-future-of-public-goods-6054fc2f81b5)**.

**Multi-chain** is a necessity for defining an interoperable and open web in the future. **[Chainwhiz](https://app.chainwhiz.app/)** aims to become the first bounty marketplace to support projects from all across the ecosystem. Be it a project from Solana, or a DAO from NEAR, every project can use Chainwhiz to post bounties in their native tokens without having to bridge or swap any tokens whatsoever.

## The Journey so far

- Chainwhiz wins a bounty in the **[EthGlobal HackFS](https://hackfs.com/)** Hackathon
- Chainwhiz is awarded a grant from the **[Polygon Team](https://polygon.technology/])** after launching the marketplace on Testnet
- Chainwhiz is awarded a grant from **[NEAR Protocol](https://near.org/)** to help the team build on the NEAR chain
- Chainwhiz announces a collaboration with open-source project **[Devprotocol](https://www.devprotocol.xyz/)**
- Chainwhiz Platform launches on **Polygon Mainnet**.
- **[Bounties from Devprotocol](https://app.chainwhiz.app/solve)** posted on the marketplace

## Useful Links

- [How to use the Chainwhiz Platform](https://www.youtube.com/watch?v=LEEmFvCBqoc) and submit solutions to bounties
- [Visit the Chainwhiz Platform](https://app.chainwhiz.app/)
- [How to set up your Metamask Wallet to receive the rewards](https://akpradhan.notion.site/Polygon-mainnet-6e84dec8946949a1b15178d3323eb227)
- [Drop-in an email](http://hello.chainwhiz@gmail.com/) to share anything about the platform
- [Read about the NEAR Grant](https://medium.com/articles-more-every-week/chainwhiz-smashes-the-benchmarks-of-project-building-with-a-grant-from-near-protocol-42322e39d005)

## Join in the conversation!
Want to join our community of projects and builders? Hop in one of Chainwhiz’s channels and say hi!

[Twitter](https://twitter.com/chainwhiz) | [Discord](https://discord.gg/Pgq7zuXmwE) | [Newsletter](https://chainwhiz.substack.com/)