$2000 New Years Promo for BountyIt.com

FOR IMMEDIATE RELEASE
Los Angeles, California, United States of America (Free-Press-Release.com) January 3, 2012 -- BountyIt.com is launching a $2000 New Years Promo (http://www.bountyit.com/bounty/view/403/bountyit-new-years-promotional-bounty) for people to spread the word about the site and its services. The details about what we are looking for and how payments work can be seen here: http://www.bountyit.com/bounty/view/403/bountyit-new-years-promotional-bounty. We look forward to seeing what people can do with this kind of incentive! Best of luck!!

General press release on BountyIt:

Ever needed feedback on something you have been working very hard on, but can only get a couple one sentence answers on forums without any well thought out constructive criticism? Ever felt nervous about receiving a service from a stranger on craigslist that can run away with your project at anytime? Ever wanted a fun way to make some cash on the side by effectively utilizing your knowledge and skills on various tasks? Well here it is.

Bountyit.com is a recently launched crowdsourcing platform designed for anybody to use. People can compete for bounties, whether it is giving feedback, solving problems, or performing a service.

The feedback portion includes an incentivized built-in system for crowdsourcing constructive criticism or solutions to problems effectively. The poster offers a bounty upfront and can disperse it according to who they feel gave the best response. For example: If someone posts a bounty for $10 asking how they can better manipulate their product or service or do some research on a particular subject, and thirty people answer, but five people do a much better job, they could give all $10 to the top response, or $2 to each of the top five depending on what they feel is most fair. Providing an incentive has inspired competition among the people responding, and therefore will produce higher quality responses with more detail and research.

There is also an easy to use freelance service section. People compete for the service bounties by describing why they would be fit for the job, as well as providing a profile with their resume, previous ratings, portfolio etc. Once a poster finds the candidate they feel is best fit for the job, the two users agree to either carry out the service simply from A to B, or use a built in milestone management system for larger projects, where a user can put up specific terms, time frame, and estimated cost.

Bountyit provides an effective, safe, competitive and unique place that people can turn to for feedback or services they want completed.

More information can be found online at http://www.bountyit.com

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