With the appearance of the Internet, a lot of content was published in open-access on different platforms. People watch it and share with their friends. Nowadays, the biggest platforms earn huge amount of money from the advertisement, provided on these platforms for content. But all these funds are not distributed between content creators or even between simple viewers. And today, I want to tell you about CBNT, the main principle of which is to change the actual business model and to let every person, even if it is a viewer or content creator to be awarded for their work. Any user will be able to mine CBNT tokens by posting, sharing, liking or commenting the content on CBNT platform.
Why CBNT?
It will be a good question, and the answer will contain some of the most attractive advantages of this ecosystem. I will describe them below.
In comparison with the traditional platforms, the stakeholders are not eligible for a reward for their contributions. In the case of CBNT platform, the stakeholders can share the platform’s incentives and profit from the token appreciation.
In the case of content creators, the higher quality is the content – the higher is the reward. The big traffic will generate a value for the content and the authors can benefit from this like from any other feature, provided by CBNT platform (like paid readings, sharing or paid Q&A’s).
About the distribution:
The platform will check the token holder's data and will calculate the distribution based on actual information. All the transactions will be secure by smart-contracts technologies. All these actions are based on the daily basis.
In perspective, within each user’s profile will be advertisement settings where the user or content creator can choose the payment method (BTC, USD, ETH or CBNT Tokens), type of advertisement and whether to open for it or not.
Technical data:
- Due to the CBNT consensus, all the stakeholders can participate in voting or proposals equally. By voting, token holders can help to improve the platform or one of its feature.
- The mining of CBNT tokens depends only on the quality of your content, the higher it is, the higher the reward you will get. Also, in this aspect, a high influencer will be the content rating, which will be determined by readers. Readers will have a rating weight, and higher it is, the higher is the influence on the final calculation of content rating.
- The blockchain technologies are developing with an incredible speed, but it still has many problems regarding transaction verification, performance, etc. CBNT have decided to realize the full potential of its idea on the Ethereum system, but do the fact that CBNT will have to do daily many transactions, the team has decided that mining distribution would not be on the blockchain.
Conclusion:
CBNT comes with an innovative solution for the nowadays content platforms, available on market. It will use new technologies for opening the full prospects of this idea, and to provide people with a new generation of content platform, where will be awarded to both content creators and simply viewers. Personally, I like this concept and I will follow its development.
This article represents the personal opinion of its author. I will request every reader, before to invest, kindly to go through the Whitepaper for understanding the main concept of this project and many other aspects.
Thank you for being here, see you the next time in other reviews!
References:
Website: https://www.cbnt.io/index-en.html
Whitepaper: https://www.cbnt.io/whiteBook1.pdf
Twitter: https://twitter.com/CbntOfficial/
Facebook: https://www.facebook.com/cbntofficial/
