CBNT.io — Create Breaking News Together

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CBNT is a decentralized professional content sharing community based on blockchain technological know-how and an ecosystem mannequin of DPGC (Decentralization Professional Generated Content). In the beginning, we will focal point on blockchain and expert economic funding content. CBNT will create a win-win ecosystem for all participants, consisting of content/articles providers, content material readers (viewer), ad publishers, and token holders. In the CBNT community, whether or not you are content material generators or content material viewers, each aspects can receive tokens “Mining Rewards”. As CBNT grows and visitors boosts, all the profit of numerous commercials will also be disbursed to all of the participants.

Innovation in the CBNT community: collaborating is mining; a hundred percent earnings exchanging; community autonomy model; working towards decentralized self-operation administration “group wisdom”. All contributors in this ecosystem can get one hundred percent corresponding rights and benefits, as a result to reap a win-win system of “content, traffic, and advertising.”

CBNT’s thinking

Since the first general-purpose pc in the world, human beings have spent extra than 70 years doing unlimited sharing and free distribution of information. The finest content material turbines and communicators provide splendid content material to Facebook, Zhihu (China Quora), Jinri Toutiao etc. These user-generated Social Content Platforms have billions of bucks in earnings each and every year. This income and value are related to the large quantity of site visitors delivered through those content creators, yet they don’t have absolute manipulate over the contents they created. Content creators are additionally not rewarded with equal economic benefit.

CBNT’s Design Concept

Mining Mechanism

CBNT tokens will be released from the Mining pool at a fixed time every day as an incentive. The incentives will be divided into three parts: 45% for authors (content creators), 45% for content material viewers and communicators (likes, comments, sharing), and 10% to CBNT token holders whose tokens are in a locked state.

Token Amount

Part of the mining price of the viewers is derived from the wide variety of tokens held. The extra tokens held, the higher the weight of the mining fee and the greater the mining incentives will be rewarded in the future.

Contribution Value

Each person has his personal contribution value (similar to Alipay Sesame Credit Score), which is frequently used to measure how an awful lot the consumer contributes to the community. The contribution cost has nothing to do with the range of tokens held and the number of tokens locked however features from commenting, liking, sharing, and other activities.

Sharing

Secondly, the behavior of evaluating the price of magnificent content is forwarding and sharing. Users can share good-quality content material with friends and can also be shared with social media.

CBNT Sharing Ecosystem

Account & Registration System

CBNT will provide a entire account registration system, and customers ought to entire account registration by way of mobile phone number. After coming into the CBNT system, we will assign a unique digital identity and CBNT digital wallet to the user.

Content Creator Verification Mechanism

CBNT will layout a relevant verification mechanism to affirm the primary statistics of content creators, together with real-name certification, previous content display, professional competence and other dimensions.

Finance and Audit

In order to ensure the governance of CBNT is open and transparent, we will employ a expert audit corporation to conduct audits and the reports will also be posted regularly.

Token Information

Token Symbol: CBNT
Total Supply: 10 Billion
Token Type: ERC 20

Token Allocation

As CBNT is a proof of platform ecosystem, CBNT token holders can revel in rights on the platform, like revenue sharing, supervision, vote casting etc.

CBNT rewards splendid content creators with more tokens so extra humans begin growing unique and precious contents that will subsequently force traffic to the network. Steemit has a same sort of thought however on steemit there is no any sort of rule to reward extremely good content creator the most. High-quality content creators will generate big amount of traffic that will generate advertisements value. Content creators will additionally experience additional benefits like paid readings, paid sharing and paid questions and answer sessions. CBNT token commercial gadget will be obvious to all customers to defend peoples who are retaining the tokes and advertisers will be allowed to buy ads with BTC, ETH and thru other digital currencies.

CBNT Foundation

The CBNT Foundation will hold 2 billion CBNT accounting for 20% of the total. This will ensure the completion of technical project development, as well as subsidize operating and maintenance costs.

Roadmap

March 2018

CBNT project start-up; preparation for the business rules, process design, and communication with content creators, etc.

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.