CBNT is:
The system based content professional on block block technology and part of the DPGC (Decentralized Professional Generated Content) model where content related to professional financial investments will be shared. CBNT aims to create win and win situations for article writers, readers, and token holders. Both content producers and readers will receive mining prizes based on their efforts. When a platform grows traffic starts to increase, they will place ads, the revenue generated from advertisements will also be distributed among all participants according to their jobs.
How does it work?
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"CBNT", a decentralized professional content sharing based on the blockchain technology and the DPGC ecosystem model (Desentralization Professional Generated Content). At first, we will focus on blockchain and professional financial investment content. The CBNT will create a win-win ecosystem for all participants, including content providers, content readers (viewers), ad publishers, and token holders. In the CBNT community, whether or not the content creator can receive a Mining Rewards Token. Along with the growth of CBNT and traffic, all the benefits will be distributed to all participants.
Once launched, the CBNT community will become an open and transparent organization with tokens that signify all rights in the platform. Each CBNT holder will be able to participate in community voting, selection of business decision-making and other activities. In addition, all data in the platform is transparent and openly recorded on the blockchain so that it can achieve the establishment of distributed community organizations.
Innovation in the CBNT community:
Participate in mining, 100% profit exchange; community autonomy model; the "wisdom of the group" self-management decentralized operations. All participants in this ecosystem can get 100% of the right rights and benefits, so as to achieve a win-win system of "content, traffic, and advertising."
How does CBNT work?
Then, how does it work? CBNT should reward content with high-quality content with more signs that will create more valuable and unique content that can ultimately drive traffic to the network. In addition, content creators will also experience additional benefits such as paid readings, paid questions, paid sharing, and even answer sessions. Furthermore, there will also be a CBNT token advertising system here. The advertising system in this platform is that people who have tokens and advertisers will be able to buy advertisements with ETH, BTC, and other types of cryptocurrency.
As a revolutionary platform, there are several benefits that you can look forward to from CBNT:
- Content does not diminish in quality
- Creators spend their time creating content and offering value to platforms while at the same time changing their work to the advantage of this platform's profit model.
- Communicators and content viewers cannot share the financial value generated.
Project Background
According to the latest report, around 3 billion people around the world use social media. Facebook, the most popular social platform, has more than 2.2 billion active users per month as of March 31, 2018. Facebook is the most widely distributed and most popular social network in the world today. With a huge amount of traffic, how much profit can be generated for Facebook?
For the first quarter of 2018, Facebook's total revenue in the first quarter was US $ 11,966 billion, and it came from advertising, accounting for 98.6%. The Facebook profit model is one word: advertising. Advertising is almost Facebook's sole profit channel, so it's an advertising company. However, how much the important component of the model has - "content creators" and "content viewers" can get from it?
Content Creator - Post large amounts of content on their personal homepages and spread on social networks, but Facebook has the most from creators of this content. Excellent content producers have not received the apart from followers and financial benefits, and their ways to profit from limited content creation.
Content Viewers - By sharing content creators, a large number of high-quality content is spread on social networks and available to more people, while their workforce and contributions don't give them appropriate rights and benefits.
However, Facebook posts advertisements on content creators' pages and content viewers and generates around 40 billion USD each year from advertisements. None of the ad revenue will be distributed to users and creators or viewers. They inject continuous value into this organization. However, this share was owned by Facebook shareholders.
Sharing Ecosystems
1. Content Creation
Content creators will receive tokens if you like their valuable content. the higher the content ranking, the more tokens the maker will get.
2. Content Communication
Viewers can vote and share high-quality articles and will be distributed based on the weight of user contributions.
3. The answer question is paid
High-value information equals opportunities in the business world. Sharing information can give you more benefits.
4. Advertising monetization
Change traditional advertising models. Pay advertisers to publish advertisements, and advertising costs will be distributed based on fan contributions.
In addition, in the CBNT community, whether or not the content viewer can receive the "Mining Rewards" token. Along with the growth of CBNT and traffic, all the benefits will be distributed to all participants.
Information Token
- Token symbol: CBNT
- Total Supply: 10 Billion
- Type of Token: ERC 20
- Set tokens
Because CBNT is evidence of an ecosystem platform, CBNT owners can enjoy rights platforms such as revenue sharing, supervision, voting, etc. The total CBNT supply is 10 billion, never dumped. Will not. There are two ways to get a CBNT: one is mining and the other is trading from the stock exchange.
Token allocation
Because CBNT is a proof of ecosystem platform, CBNT stores can enjoy rights on the platform, such as revenue sharing, supervision, voting, etc. CBNT's total supply is 10 billion, and it will never be ignored. There are two ways to get a CBNT: one is mining, and the other is to trade from the stock exchange.
The token distribution mechanism is as follows:
Mining Pool
Mining collections will be used to motivate content creators, viewers of high quality content, and communicators. The mining group has 6 billion CBNT tokens, accounting for 60% of the total. Participation is mining; tokens will be released every day to the participants.
Tokens will be released according to the contract rules annually:
- Year 1, 40% of tokens will be released.
- Year 2, 30% of tokens will be released.
- Year 3, 20% of tokens will be released.
- Year 4, 10% of tokens will be released.
- Year 5, 10% of tokens will be released.
From the 4th year, 10% of the token stock will be released every year, and so on. After all tokens have been released, the mining participation campaign is over.
Operation Pool
The number of stores in the set of operations is 1 billion CBNT for initial business development and cooperation, accounting for 5% of the total. The operating group will be 100% transparent and under supervision, and token reports will be regularly disclosed. Release Method: will be released from the mining mechanism, the collection will be released simultaneously.
Formula: The number of tokens released every day = total operating tokens * (tokens mined the previous day / total mine pool tokens)
Private Institutional Investor
500 million CBNT, coordinated resources, strategic planning and talent assistance, which constitutes 5% of the total. Parts of this token will be pre-released and in accordance with the rules of private investment
WHAT PROBLEMS ARE DONE CBNT
The CBNT will be built into an economic token system that is fully compatible with the rules of a free market economy; every individual who has contributed to it can benefit from it financially, thus solving the following problems faced by traditional internet content ecosystems:
- Reducing the quality of content caused by economic attention.
- Creators spend time creating content and providing value to temporary platforms, ultimately changing their work for the benefit of platform profit models.
- Content viewers and communicators cannot share the financial value generated by content.
Mining Mechanism
CBNT tokens will be released from the mining pool at fixed time every day as an incentive. Incentives will be divided into 3 parts: 45% for authors (content creators), 45% for content viewers and communicators (likes, comments, sharing), and 10% for CBNT tokens holders whose tokens are locked. The content rights and readers have different voice weights. The value of high-quality content on CBNT comes primarily from the viewer's mining behavior.
The value of mining is mainly of the following factors:
1. Number of Tokens :
The mining value comes from the number of tokens owned. The more you have, the higher the value of mining will be valued in the future.
2. Value of Contributions :
Each user has his own contribution value (similar to Alipay Sesame Credit Score), which is mainly used to measure how much the user contributes to the community.
3. Sharing :
When sharing successful, it records mining behavior, and the value of content will also increase.
4. Comment on :
Readers who write quality comments on content. If the comments are liked by others, the reviewers will be rewarded for mining incentives, and the contribution will be added because the amount of likes likes to increase.
5. Likes :
Every effective as high-quality content can increase the value of your content mining incentives.
6. CB Value :
Each viewer has limited mining capabilities. Each mine will consume certain CB values. CB values are used to control whether mining behavior is valued, not parameters for controlling mining behavior.
7. Rate of Behavior :
To encourage viewers and communicators who express high-quality content, the faster users mine content (sharing, commenting, and liking), the more incentives for mining the content they will receive.
Roadmap
March 2018 - CBNT project start-up; preparation for the business rules, process design, and communication with content creators, etc.
July 2018 - Complete product prototype, and business rule model; CBNT token generation; project development continues.
August 2018 - listing of CBNT official website.
Sep. 2018 - listing of CBNT Beta version; invite community members to form a beta team and complete a system test.
Oct. 2018 - listing CBNT 1.0 version, available for IOS and Android users.
Sep. 2019 - Gradually achieve group wisdom decision-making, and establish a self-operated distributed community with ecosystem co-construction, community co-governance, and revenue sharing, and in which each CBNT holder can participate in community elections, business decision-making activities, etc.
CBNT TEAM
The team at CBNT believes that this business model is not sustainable, and CBNT aims to change the conventional business model of the content platform and let each participant benefit from CBNT.
Adopting the "participating is mining" model, the CBNT will issue tokens, which represent rights on the platform. CBNT will focus on blockchain information and finance and investment sectors that are closely related to the economic token system. Content generators, viewers, and communicators can post content, share, commenting on and liking etc. on the CBNT platform.
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For more information and join CBNT social media today please follow these resources:
Website: https://web.cbnt.io/
Whitepaper: https://www.cbnt.io/whiteBook1.pdf
Facebook: https://www.facebook.com/cbntofficial/
Twitter: https://twitter.com/CbntOfficial/
Telegram: https://t.me/cbntofficial
Medium: https://medium.com/@cbntofficial
ANN Thread: https://bitcointalk.org/index.php?topic=4906256
Username Bitcointalk: samuraijin
Profile Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=905398
ETH Address: 0x3f9bb3679f1B71F22d823992078244C87EF4D455
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