CBNT project : Create Breaking News Together

What is CBNT?:

CBNT is a decentralized professional content sharing community based on blockchain technology and an ecosystem model of DPGC (Decentralization Professional Generated Content). In the beginning, we will focus on blockchain and professional financial investment content. CBNT will create a win-win ecosystem for all participants, including content/articles providers, content readers (viewer), ad publishers, and token holders. In the CBNT community, whether you are content generators or content viewers, both sides can receive tokens “Mining Rewards”. As CBNT grows and traffic boosts, all the profit of numerous ads will also be distributed to all of the participants.

Innovation in the CBNT community: participating is mining;100% profit exchanging; community autonomy model; practicing decentralized self-operation management “group wisdom”. All participants in this ecosystem can get 100% corresponding rights and benefits, thus to achieve a win-win system of "content, traffic, and advertising."

Sharing Ecosystem

Content Creation: Content creators will be rewarded tokens if readers like their valuable content. the higher the content ranks, the more tokens the creators will get.
Content Communication: Viewers can vote on and share high-quality articles, and the benefits of these articles will be distributed based on the user's contribution weights.
Paid Q&A: High-value information equals opportunity in the business world. Sharing valuable information to questioners can bring you more benefits.
Ads Monetization : Change the traditional advertising model. The advertiser pays tokens to publish ads, and the advertising fees will be distributed based on fan's contributions.

CBNT’s Thinking :

The team at CBNT thinks this business model is not sustainable, and CBNT aims to change the conventional business model of content platforms and let every participant benefit from CBNT.
Adopting the “participating is mining” model, CBNT will issue tokens, which represents rights on the platform. CBNT will focus on blockchain information and financial and investment fields which are highly related to the token economy system too. Content generators, viewers, and com-municators can mine CBNT tokens by posting content, sharing, commenting, and liking etc. on the CBNT platform.

WHAT PROBLEMS DOES CBNT SOLVE ::

CBNT will be built as a token economy system that fully complies with the rules of the free market economy; every individual who has contributed to others can benefit from it financially, thus solving the following problems faced by the traditional internet content ecosystems:

Reduced content quality caused by the attention economy.

Content creators spend time creating content and provide value for the platform while ultimately transforming their work for the benefit of the platforms' profit model.

Content viewers and communicators can't share the financial value that the content generated.

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 3 parts: 45% for authors (content creators), 45% for content viewers and communicators (likes, comments, sharing), and 10% to CBNT token holders whose tokens are in a locked state.The rating right of the content will be given to the readers, and each reader has different voting weights. The value of high-quality content on CBNT mainly comes from the mining behavior of viewers.

The value weight of viewer’s mining is mainly composed of the following factors:

Token Amount: Part of the mining value of the viewers is derived from the number of tokens held. The more to-kens held, the higher the weight of the mining value and the more the mining incentives will be rewarded in the future.
● Contribution Value: 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.
● Sharing: When sharing is successful, it records mining behavior, and the content value will also increase.
● Commenting: Readers that write quality comments on content. If the comment is liked by others, both the reviewer and the author can be rewarded mining incentives, and the contribution value of the reviewer will be added as the number of likes increases.
● Liking: Every effective like on high-quality content can increase the value of your content's mining incentives.
● CB Value:Each viewer has limited mining capability. Each mining will consume a certain CB value. The CB value is only used to control whether the mining behavior can be rewarded, rather than the parameters for controlling the mining behavior.
● c Behavior Rank: In order to encourage the viewers and communicators who reveal high-quality content, the sooner the users mine content (sharing, commenting, and liking), the more content mining incentives they will receive.

Token distribution

As CBNT is a proof of platform ecosystem, CBNT token holders can enjoy rights on the platform, like revenue sharing, supervision, voting etc. The total supply of CBNT is 10 billion, and it will never be overissued. There are two ways to obtain CBNT: one is mining, and the other is to trade from the exchange.
The distribution mechanism of the tokens are as follows: