CBNT.io

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CBNT is a decentralized professional content sharing community based on blockchain technology and an ecosystem model of DPGC (Decentralization Professional Generated Content). In the beginning, we 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 (viewer), ad publishers, and token holders. In the CBNT community, whether you are content generators or content viewers, both sides can receive tokens “Mining Rewards”. As CBNT grows and traffic boosts, all the profit of numerous ads will also be distributed to all of 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."


Project Background
According to recent reports, about 3 billion people worldwide use social media. Facebook, the most popular social platform, has more than 2.2 billion monthly active users as of March 31, 2018. It is the most widely distributed and most popular social network in the world today. With such a huge amount of traffic, how much profit can be generated for Facebook?

According to Facebook's financial report for the first quarter of 2018, Facebook's total revenue in the first quarter reached 11.966 billion US dollars, and most of which came from advertising, accounting for 98.6%. Facebook's profit model is one word: advertising. Advertising is almost Facebook's sole channel of profit, so Facebook is actually an advertising company. However, how much benefit can the important components of the model—“content creators" and "content viewers” get from it?

Content Creators - Posting a large amount of content on their personal homepage and spreading on social networks, yet Facebook gets most of the benefit from these content creators. Excellent content producers have not received any financial benefits other than followers and fame, and their way of profiting from content creation is limited.

Content Viewers - By sharing creators’ content, a large amount of high-quality content is spread on social networks and available to more people, while their labor and contribution do not bring them corresponding rights and benefits.

CBNT’s Thinking
Since the first general-purpose computer in the world, humans have spent more than 70 years doing unlimited sharing and free distribution of information. The superior content generators and communicators provide high-quality content to Facebook, Zhihu (China Quora), Jinri Toutiao etc. These user-generated Social Content Platforms have billions of dollars in profit every year. This profit and value are connected to the huge amount of traffic brought by those content creators, yet they don’t have absolute control over the contents they created. Content creators are also not rewarded with equal financial benefit. The team at CBNT thinks this business model is not sustainable, and CBNT aims to change the conventional business model of content platforms and
let every participant benefit from CBNT.

Adopting the “participating is mining” model, CBNT will issue tokens, which represents rights on the platform. CBNT will focus on blockchain information and financial and investment fields which are highly related to the token economy system too. Content generators, viewers, and communicators can mine CBNT tokens by posting content, sharing, commenting, and liking etc. on the CBNT platform.

Sharing Ecosystem

Content Creation
Content creators will be rewarded tokens if readers like their valuable content. the higher the content ranks, the more tokens the creators will get.

Content Communication
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.

Paid Q&A
High-value information equals opportunity in the business world. Sharing valuable information to questioners can bring you more benefits.

Ads Monetization
Change the traditional advertising model. The advertiser pays tokens to publish ads, and the advertising fees will be distributed based on fan's contributions.

System Structure

Technical Feasibility
Although the development of blockchain technology is fast and is maturing, there are still many problems to be solved to fully meet the needs of the market and users. Currently, the biggest problems are transaction performance, transaction verification, and high transfer fees. The CBNT platform will realize corresponding performance based on the Ethereum system. CBNT will definitely have a large amount of token transaction data. In view of the fact that the Ethereum system still has defects in transaction performance and may not be suitable for highfrequency transactions. We have decided the allocation of the CBNT token mining incentives will not be performed on the blockchain

Token Allocation
As CBNT is a proof of platform ecosystem, CBNT token holders can enjoy rights on the platform, like revenue sharing, supervision, voting etc. The total supply of CBNT is 10 billion, and it will never be overissued. There are two ways to obtain CBNT: one is mining, and the other is to trade from the exchange.
The distribution mechanism of the tokens are as follows:
Road Map
  • March 2018
CBNT project start-up; preparation for the business rules, process design, and communication with content creators, etc.
  • Sep. 2018
listing of CBNT Beta version; invite community members to form a beta team and complete a system test.
  • Oct. 2018
listing CBNT 1.0 version, available for IOS and Android users.
  • Sep. 2019
Gradually achieve group wisdom decision-making, and establish a self-operated distributed community with ecosystem co-construction, community co-governance, and revenue sharing, and in which each CBNT holder can participate in community elections, business decision-making activities, etc.

Team

Consultants team

For more information about the CBNT.io Project, please visit the site below:

Comments

  1. Vikky Thakur26 September 2019 at 06:56

    This is my first time i visit here. I found so many entertaining stuff in your blog, especially its discussion. From the tons of comments on your articles, I guess I am not the only one having all the leisure here! Keep up the good work. I have been meaning to write something like this on my website and you have given me an idea. also, you can check League of Legend Gift Card

    ReplyDelete

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