CBNT: First Distributed Professional Content Sharing Community Based on Blockchain Technology

a-0liver (45)in #cbnt • 5 years ago

⧪ Regarding CBNT,

￫CBNT is a community or association to share opinions or content in a very decentralized skilled manner supported blockchain technology and also the system model , Professionally made decentralized Content. the CBNT team has tried to concentrate on blockchain technology and professional monetary investment content
￫ CBNT additionally provides an internet site that may generate "Mining Rewards" tokens by means of content/article suppliers, content readers (viewers), and publishers. if you're interested please be part of here https://web.cbnt.io/

Innovation in CBNT communities: taking part in mining, exchanging 100% profits; society
autonomy model; practice a decentralized self-management operation "group wisdom". All
participants during this system will acquire 100% of the rights and edges consequently, thus on accomplish a win-win system "content, traffic, and advertising."

⧪ACCORDING TO CBNT THINKING ANALYSIS

Since the world's initial multipurpose laptop, humans have spent quite seventy years
do unlimited sharing and free data distribution. Superior and generator content
communicator provides high-quality content to Facebook, Zhihu (China Quora), Jinri Toutiao etc.
The user-generated Social Content Platform generates billions of dollars each year. This
profits and values are connected to the big quantity of traffic that the creator brings
they do not have full management over the content they create. Neither creator
rewarded with a similar monetary edge. The team at CBNT believes this business model isn't
sustainable, and CBNT aims to very standard business models from the content platform
let every participant have the benefit of CBNT.
Adopting the "participating is mining" model, CBNT can issue a token, that represents the proper
the platform. CBNT will concentrate on blockchain data and finance and investment
which is incredibly a lot of related to the economic token system too. Content creators, viewers, and communicators will mine CBNT tokens by posting content, sharing, commenting, and feeling etc. in
CBNT platform.
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CBNT project was created because, in step with recent reports, regarding three billion individuals worldwide use social media. Facebook, the
most popular social platform, has quite 2.2 billion monthly active users as of March 31,

it's the foremost widely distributed and hottest social network within the world nowadays. With
such a large quantity of traffic, what proportion of profit will be generated for Facebook?
According to Facebook's monetary report for the primary quarter of 2018, Facebook's total revenue in
the first quarter reached 11.966 billion U.S. dollars, and most of that came from advertising,
accounting for 98.6%. Facebook's profit model is one word: advertising. Advertising is nearly
Facebook's sole channel of profit, thus Facebook is truly an advertising company. However, how
much profit will the vital elements of the model—“content creators" and "content
viewers” get from it?

Content Creators - Posting an outsized quantity of content on their personal homepage and spreading on
social networks, however, Facebook gets most of the benefit from these content creators. Excellent
content producers haven't received any monetary advantages apart from followers and fame, and
their method of making the most of content creation is restricted.
Content Viewers - By sharing creators’ content, a large quantity of high-quality content is unfold
on social networks and access to additional individuals, whereas their labour and contribution don't bring them corresponding rights and benefits.
However, Facebook posts ads on the content creator’s pages and content viewer’s pages and earns
about forty billion USD annually from advertising. None of the advertising revenue is going to be
distributed to users and also the content creators or viewers. They inject price perpetually to the present
organization. However, this price is merely closely-held by Facebook's shareholders.
*** The above knowledge sources are from Facebook’s 2018, first Quarter monetary Report.

⧪STRUCTURE REGARDING THE PROJECT + ALLOCATION OF TOKEN

As CBNT is a proof of platform system, CBNT token holders will fancy rights on the platform, like distribution, supervision, voting etc. the full offer of CBNT is ten billion, and it'll never be over-issued. There are 2 ways in which to get CBNT: one is mining, and also the alternative is to trade from the exchange. The distribution mechanism of the tokens are as follows:

Mining Pool
The Mining pool is going to be used to inspire content creators, high-quality content viewers, and communicators. The mining pool has 6 billion CBNT tokens, accounting for an hour of the full amount. taking part is mining; the token would be discharged a day to the participants. The tokens are going to be discharged annually in step with contract rules:
1st year, 400th of tokens are going to be discharged.
2nd year, 30 minutes of tokens are going to be discharged.
3rd year, 200th of tokens are going to be discharged.
4th year, 100% of tokens are going to be discharged.
5th year, 100% of tokens are going to be discharged. …
From the fourth year, 100% of the token stock are going to be discharged annually, and so on. Once all of the tokens are discharged, the campaign of taking part is mining is over.

Operations Pool
The amount of tokens within the operations pool is 1 billion CBNT for early business development and cooperation, accounting for 5 of the total. The operations pool are going to be 100% clear and below oversight, and also the token report is going to be disclosed frequently. unleash Method: relating the mining mechanism, the tokens within the operations pool are going to be synchronously released a day because the same proportion of tokens are strip-mined. Formula: Token quantity released daily=total operation token * (token mined previous day/total mine pool token)

Private Institutional Investors
500 million CBNT are going to be provided to investment establishments that contribute monetary resources, coordinated resources, strategic designing, and talent help within the early development of the project, accounting for 5 of the full. This a part of the token are going to be pre-released and can be locked and released through a smart contract in step with the non-public investment rules.

Founding Team
1 billion CBNT are going to be given as a choice to the project development and operation team, accounting for 100% of the full, as a long incentive. Formula: Token quantity released daily=total founding team tokens * (token mined previous day/total mine pool token)

CBNT Foundation
The CBNT Foundation will hold 2 billion CBNT accounting for 200th of the full. this may make sure the completion of technical project development, likewise as subsidize in operation and maintenance prices. Formula: Token amount released daily=total foundations tokens * (token mined previous day/total mine pool token).
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