Information is power, and when we are not informed, we are deformed. Since the advent of technology, access to information around the world has been easy compared the old days. With a computer and an internet connection, individuals can get real-time information on events happening around the globe. Many individuals have amassed lots of fortune from this franchise, and most times at the expense of others.
Some projects in the past few years have linked the information sharing platforms to blockchain technology. This linking will not only make sharing of information decentralized and transparent but also make it a profitable business for the community on the platforms. Creating Breaking News Together(CBNT) is a decentralized professional content sharing community-based on blockchain and professional news, creating a community of content/article providers, content readers, Ad publishers, and token holders.
Many content sharing platforms like Facebook, for example, rakes in billions of dollars annually as their revenue. This revenue is mostly generated from advertisers on the platform. Content creators and viewers, on the other hand, benefit less or nothing at all from this community. CBNT is set to create a platform where every participant including content/article creators, viewers, readers, and Ad publishers will earn CBNT tokens and it will be a win-win ecosystem for all. On this platform, content creation, viewing/reading will be equivalent to mining.
CBNT is set to change the usual business model of content platforms where every participant will benefit. Every participant will have rights on the platform through tokens issued by CBNT. These tokens will be issued to participants who create, read or view contents on the platform as well as Ad publishers. They will also focus on blockchain information which is related to the token economy system.
Benefits of CBNT
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- more tokens will be rewarded to contents of high quality
- it will generate advertising value to high-quality contents
- viewers of high-quality contents can gain CBNT tokens just by liking, sharing, commenting, etc
- CBNT token holders will become stakeholders and will benefit when the value of the CBNT community continues to rise
- an opportunity to enable Ad publishers to select real and precise traffic thereby increasing return on investment and other benefits of advertising
- CBNT token holders can share platform incentives.
The sharing of advertising values in this platform among participants is well explained in the whitepaper!
Features of CBNT
Voting mechanism: all token holders of this community is allowed to participate in proposals, voting, supervision, regulation, etc. This will enable the participant to contribute to the development of the platform.
Mining Mechanism: CBNT tokens will be mined as an incentive at a fixed time every day depending on the quality of the content. This incentive will then be divided between the authors, viewers and CBNT token holders whose tokens are in locked state.
Caibao Room: this is referred to as a "Basket of Digital Assets". It is a nickname given to the CBNT's token referring to Chinese characters. This caibao room will be built on the platform to store revenues generated from advertising on the CBNT homepage (BTC, ETH, ERC-20, USDT, etc). All token holders will have access to enter the room and exchange 1 CBNT token for an equal amount of BTC, ETH, etc.
Account and Registration System: via the mobile phone number, users will complete their account registration. CBNT will assign a unique digital identity and wallet to the user after entering the system.
Content Creation and Content Verification Mechanism: some verification mechanisms will be used to check the basic information of content creators. Including a system that will verify any content posted on the platform for originality.
For more information on Token allocation, System architecture and Technical feasibility of the project, visit CBNT website!