Saturday, September 15, 2018

CBNT: Decentralized Professional Content Sharing Community

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 The normal actions that you take on social media every day, such as posting, commenting, sharing and even liking will all be made profitable by the CBNT (Create Breaking News Together). At the same time, every transaction and every click on the site will be stored irretrievably on the blockchain. This means there will always exist a secure, distributed log of all of your earnings on the platform which can’t be changed or altered by anyone. All of this comes from a blockchain startup which is making headlines for its progress in the crypto space.

About CBNT

CBNT is a decentralized professional content sharing community based on blockchain technology, and a ecosystem model of DPGC (Decentralization Professional Generated Content). At the beginning, CBNT 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 (view), ads publishers, and token holder. As CBNT grows and traffic boosts, the profit of numerous ads will also be distributed to all 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."

How CBNT Works

On the CBNT platform, the most important factor in the content mining incentives is the content quality. The higher quality the content is, the more users will participant in viewing, sharing, liking and other mining activities, thus gaining more mining incentives.

The rating right of the content will be given to the readers, and each reader has different voting weights. The higher the weight is, the greater the impact on the content rating. The final mining rewards will be comprehensively calculated based on factors, like readers’ behavior weight, view amount, and whether the article is original, etc. The daily token pool will be distributed according to the weight of the score.

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 tokens 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. The contribution value has nothing to do with the number of tokens held and the number of tokens locked but gains from commenting, liking, sharing, and other activities. It is gradually accumulated and improved from long-term participation on the platform.

Sharing

Users can share good-quality content with friends and can also be shared with social media. 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 (both users with a higher contribution value and users with lower contribution value) 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. The content mining will consume a certain CB value each time, and 100 points will be added to the CB value every 24 hours. When the CB value is insufficient, users can continue to like the content, but the like does not contribute to the improvement of the content value and the CB value is not reduced.

Mining 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. The mining incentives will decrease based on the order of likes.
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CBNT Benefits

For Content Creators: 


  • High-quality content will be rewarded with more tokens, which equals benefits and reflects the value of their creations.
  • Second, lots of traffic will lead to high-quality content and generate advertising value.
  • Content creators can realize additional benefits from their specialized knowledge through the establishment of paid readings, paid sharing groups and paid Q&As.

For Content Viewers and Communicators:

High-quality content can attract more viewer’s attention, and viewers can gain CBNT tokens via sharing, commenting, and liking etc. This creates a positive feedback loop between content viewers and generators.

For Ad Publishers:

All CBNT participants are real name people providing high-quality traffic. This helps advertisers to effectively select real and precise traffic, increase advertising conversion rates, reduce advertising costs, and increase ROI.
The advertisement can be paid with BTC, USDT, ETH, CBNT and other digital assets.

Based on the CBNT Token operating system, content creators, viewers, and the CBNT community will become stakeholders. When the value of the CBNT community continues to rise, all CBNT token holders will benefit. The news articles will be ranked based on an algorithm from community recommendation, thus achieving a decentralized display. CBNT advertisements will adopt an open and transparent bidding method to protect the interests of CBNT token holders.

CBNT In Comparison to Others

Comparing CBNT to traditional media platforms, there is really no comparison. Being open-sourced, decentralized and transparent, CBNT represents what blockchain projects should stand for. Not only this but CBNT is implementing many unique innovations that will drive the project forward.

Below is the comparison table of CBNT and others content sharing community:

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