Publish0x is a crypto-powered publishing platform that allows bloggers to earn some money in cryptocurrencies. Unlike other crypto powered blooging platforms like Steemint, Publish0x does not have their own token neither are they intending to do so. Them not having their own crypto token is what they term "crypto agonist" which fosters decentralization as different tokens can be used. This means Publish0x uses other existing tokens/coins to pay the users.

One interesting fact about Publish0x is that there many ways of earning. One is by becoming a blogger or writer, where you register and open your blog, and writes some posts on whatever topic of your choice. Then as other people read your work, they tip you for your hard work. The tips are in cryptocurrencies and currently in AMPL and FARM tokens. While the reader tips the author, the reader earns some tokens for reading your work hence they keep a percentage of the amount they can tip a certain post. For example, one may decide to tip the author 80% and get the remaining 20% or vice versa. In this way both the author and the reader earns. One can also maximize their earning by becoming an ambassador. As an ambassador which is more like affiliate marketing, one shares a referral link and they earn 5% of every tip generated by the referrals whether as being an author or reader. An example of a tipper that is found below the articles is shown below.

Now, back to the topic; What if Publish0x develop their own token?

As I have already mentioned above, Publish0x is crypto agonist. They are not interested on developing their own token. But I couldn't stop wondering what Publish0x would be like if they developed their own token. What blockchain technology would they have used? What consensus mechanism used and how will it be governed? And, what would be the price of the token now?

Well, As crazy as I can be sometimes, I began thinking of something. What if they they develop their own blockchain technology with a consensus mechanism called "Proof of Writing and Reading" and they have a token called 'Publish token'. I am well aware of Proof of work and the proof of stake mechanisms, but trust me I also don't know what this proof of writing and reading will be like. May be it will be something, when an article is published, 1000 Publish token are released on the blockchain just like with Bitcoin.  Then when the article is read, 50 Publish tokens are released with each new reading. Like any other coin/token, Publish token would have a maximum number of tokens to ever be mined, and other processes like halving and burning incorporated to make a powerful token. 

Sounds crazy right? Those who understand blockchain technology, I hope something like this can be made. Leave your comments below, on the feasibility of the idea of Proof of writing and reading, or on Publish0x developing their own token.

In the mean time, Join Publish0x by clicking HERE and start making money!