You wrote. "SocialXBounty provides an optimized platform that facilitates leading social networks and communication channels - including, among other things, Facebook, Twitter, YouTube and LinkedIn, as well as a number of popular blogs and forums.". Do not quite understand what is relief? Are not all listed social networks your competitors?
Its not about competition, I guess you mistook the project. Suppose, a project requires an attention for bounty hunters as well the hunters lookout for similar opportunities in getting the most of it whereas in the current scenario you wont find such a thing that all these people can find a single platform to look for the best! Also, you've a channel which requires attention for views , likes etc etc.. and not a short period instead the time period you opt to and that you get it here!