What is CBNT.io and how does it work? (Create Breaking News Together)
CBNT.io is a social network that has been receiving a lot of attention in the past few months. More than 20,000 CBNT.io users worldwide, making this website one of the most visited sites.
However, unlike conventional social networks, CBNT's activities are tightly integrated with CBNT token electronic money, which gives users attractive features.
So what exactly made CBNT.io famous? Let's find out later.
What is CBNT.io?
It can be said that CBNT is a "hybrid" software because the foundation of this software is a combination of blog model and social network. In terms of the most basic features, the CBNT works very much like Reddit, for example, you can upvote, downvote, track the topics you care about, as well as send content and debate with people. use other posts.
However, this is also a revenue sharing site, and this is when e-money really works. CBNT pays users by electronic currency CBNT token, instead of regular currencies like US dollars or pounds.
On CBNT.io you not only get paid when posting content on the site. But you can also get CBNT token from comments and even just upvoting another article
How does CBNT.io work?
While social networks normally store all content on their own servers, all content on the CBNt is stored on the Ethereum blockchain. However, for images, you will still need to use a third-party hosting site, such as Imgur.
Using blockchain for archiving brings some practical benefits. Typically, you hold permanent ownership of your content and no one can arbitrarily remove that content.
More importantly, the entire money management system is always built and consolidated by the blockchain every day. Blockchain creates a new amount of CNBT every day. In particular, holders of Power CBNT enjoy 5%, 75% belong to the community, while those who dig CNBT will take the remaining 10%. And how much users earn from those 75% depends on whether their posts are "hot".
The way CNBT manages the budget for the community
When creating a new content, you can optionally receive your royalties. It can be 50% CBNT token or receive the full amount right in CBNT Power. Here are the basic differences between the 3 options above:
CBNT: Just like other electronic currencies. The use of CBNT is very flexible, you can use CBNT to trade and transfer as well as conduct transactions to buy and sell with big electronic currencies and send in secure accounts. CBNT is valued based on the value of other currencies based on the Blockchain platform.
CBNT Poin: The CBNT Poin can be seen as a debt instrument (debt instrument) tied to the US dollar. In addition, you can also convert the CBNT poin to CBNT. CBNT tokens are accepted in some electronic money transactions.
CBNT Power: It can be understood that Power CBNT is like an indicator of your influence in the community. That is, the more you own CBNT Power, the higher the value of upvote in your community. CBNT Power is a tool created to keep users engaged with CBNT for a long time. It is difficult to convert CBNT Power into cash. The process of selling CBNT Power (powering down) takes up to 13 weeks. After 13 payments you can receive the full value of Power you own. In addition, CBNT Power cannot be traded.
How much money can be earned on CBNT.io?
First, CBNT is not a program to help get rich quickly. Like other social networks, some posts on https://web.cbnt.io can spread quickly and collect a great deal of interest, helping authors earn a significant amount of CBNT only in a short time
But if you want to make money on CBNT.io in a sustainable and long-term way, you will need to invest time and effort to improve your follow-up, expand your influence in the community and ensure your quality. the content that I posted. Remember, CBNT.io is basically a social network.
The linked site of the CBNT.io project
WHITEPAPER | WEBSITE | TWITTER | TELEGRAM | FACEBOOK | MEDIUM | STEEMIT | ANN
Bitcointalk username: jackyschanz
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2384138