Everyone who knows the internet has a social media account on Facebook, Twitter, Instagram and many more social media that I can't mention. in seconds Millions of users visit daily to these sites but at the end of the day the owners of social media sites make millions by taking user data and users don't get anything in return. here CBNT sees things that are unfair with users who make content so they start creating systems where users will get rewards by doing social media work. CBNT will try to solve the problem in the current social media system and reward each contributor who creates value by producing unique content. so that in more detail I will give a brief explanation about this project.
What is CBNT?
CBNT is a professional content sharing system based on block-chain technology and part of DPGC (Decentralized Professional Generated Content) model where professional finance investment related content will be shared. CBNT aims to create a win and win situation for articles writers, readers and token holders. Both content producer and reader will receive mining reward based on their effort. As platform grows traffic start increase then they will place ads, the revenue generated from ads will also distributed between all participants according to their work.
CBNT will reward high-quality content creators with more tokens so that more people start creating unique and valuable content that will ultimately drive traffic to the network. here Steemit has the same idea but in Steemit there are no rules to reward high-quality content makers.
In this case, the makers of high-quality content will generate large amounts of traffic that will generate advertising value and income.
Likewise, content creators will also experience additional benefits such as paid readings, paid sharing, and paid questions and answer sessions.
The CBNT token advertising system will be transparent to all content users, in this case, to protect people who hold content and advertisers will be allowed to buy advertisements with BTC, ETH and through other digital currencies.
On the start page the author will open space for advertisements where the income generated from it will be shared between the author and his followers. The creator of the content will be given the biggest and all followers must pass the KYC this aims to ensure the content users are indeed high quality. The existence of a spam free system will allow advertisers to make decisions about buying advertisements and increasing ROI.
In the event that the advertising revenue generated will be shared between all token holders by taking snapshots per hour. The CNBT team and thirty other party users will be allowed to choose and become part of an improved advertising system.
CBNT MINING SYSTEM
Each CBNT token data as a mining gift will be distributed among community members at a certain time. Gift distribution will be like this; 45% for content creators, 45% for readers who like, share or comment and the remaining 10% will be given to token holders. Each user will have their own value based on their involvement, the higher the value of the user, the higher the mining rewards that will be obtained. Users will be encouraged to promote only high-quality content, the faster they like and share the content, the higher the rewards they will get.
ADVANTAGES OF CBNT ECOSYSTEM:
High-quality content will be rewarded with more tokens, which equal financial benefit and reflect the value of 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.
High-quality content can attract more viewers’ attention, and viewers can gain CBNT tokens via sharing, commenting, and liking etc. This creates a positive feedback loop between content viewers and generators.
FEATURES OF CBNT ECOSYSTEM:
Content creators will be rewarded tokens if readers like their valuable content. The higher the content ranks, the more tokens the creators will get.
Viewers can vote on and share high-quality articles, and the benefits of these articles will be distributed based on the user’s contribution weights.
High-value information equals opportunity in the business world. Sharing valuable information to questioners can bring you more benefits.
Change the traditional advertising model. The advertiser pays tokens to publish ads, and the advertising fees will be distributed based on fan’s contributions.
CBNT comes with associate innovative answer for the these days content platforms, accessible on market. it'll use new technologies for gap the complete prospects of this concept, and to supply individuals with a replacement generation of content platform, wherever are awarded to each content creators and easily viewers. Personally, i favor this idea and that i can follow its development. This article represents the non-public opinion of its author. i will be able to request each reader, before to take a position, kindly to travel through the Whitepaper for understanding the most construct of this project and plenty of alternative aspects.
Bounty Ronde 2 - ongoing
Website : https://www.cbnt.io/index-en.html
Whitepaper : https://www.cbnt.io/whiteBook1.pdf
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