CBNT - Decentralized Professional Content Sharing Community Based on Blockchain Technology

donaa (6)in #bitcoin • 6 years ago

Hello Everyone, I will introduce the project about CBNT, If you are willing to join the CBNT project, let's look at the following review:

What is CBNT ?

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."

Sharing Consensus Ecosystem

Ecosystem Value of CBNT

High-Quality Content Creators :

High-quality content will be rewarded with more tokens, which equals financial benefit and reflects 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.

Content Viewers and Communicators :

High-quality content can attract more viewer’s attention, and viewers can gain CBNT tokens via sharing, commenting, and liking etc. This creates a positive feedback loop between content viewers and generators.

Consensus Ecosystem—Community Voting Mechanism

The CBNT community is a consensus ecosystem in which all token holders can equally participate in proposals, voting, etc. The token holders can not only share rights and interest from CBNT but also participate in the establishment and improvement of various systems and regulations, voting and supervision.

In the future, we will adopt a community voting mechanism and launch the corresponding blockchain voting module, including proposal release, results announced, budget implementation, public bidding, and supervision implementation.

CBNT’s Design Concept

Mining Mechanism

CBNT tokens will be released from the Mining pool at a fixed time every day as an incentive. The incentives will be divided into 3 parts: 45% for authors (content creators), 45% for content viewers and communicators (likes, comments, sharing), and 10% to CBNT token holders whose tokens are in a locked state.

On the CBNT platform, how many CBNT tokens can be mined when content creators publish an article? The most important factor in the content mining incentives is the content quality. The higher quality the content is, the more users will participant in viewing, sharing, liking and other mining activities, thus gaining more mining incentives.

The value weight of viewer’s mining is mainly composed of the following factors :
- Token Amount
- Contribution Value
- Sharing
- Commenting
- Liking
- CB Value
- Mining Behavior Rank
Caibao Room—A Basket of Digital Assets

CBNT’s token nickname is the caibao token, referring to the Chinese characters for wealth and treasure. The caibao room will be built on the CBNT platform to store the advertising revenues of the CBNT homepage (BTC, ETH, ERC-20 USDT etc.) and 10% the author’s homepage advertising incentives. CBNT token holders will have the right of entering the Caibao room. In the Caibao room, according to their holding amount of CBNT, they will have right to exchange 1
CBNT token for a proportional amount of BTC, ETH, and CBNT etc. The amount of digital assets will be rewarded in proportion to the total amount of CBNT in the user’s account which is recorded by the hourly snapshot.
Account & Registration System

CBNT will provide a complete account registration system, and users must complete account registration via mobile phone number. After entering the CBNT system, we will assign a unique digital identity and CBNT digital wallet to the user. The system will encrypt all the user data to ensure user privacy. At the same time, in order to ensure the authenticity of community users, identity authentication is required before participating in mining incentives.
Content Creator Verification Mechanism

CBNT will design a relevant verification mechanism to verify the basic information of content creators, including real-name certification, past content display, professional competence and other dimensions.
Content Confirmation

Content confirmation is an important part of the CBNT ecosystem which is also one of the biggest issues traditional content platforms face. The CBNT platform will provide content creators with a content confirmation function. Each original content will generate a unique hash value (as a network-wide unique authentication) based on the creator's requirement; it will contain the content release time, creator information and content tags which will be written into the blockchain as a content certificate through a smart contract. It will be an important proof of content for copyrights in the future.
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.

Management Organization

Management Organization Foundation

The CBNT community will be managed by the GRANDDREAM FOUNDATION LTD., a nonprofit foundation established in Singapore.

In the early stage, the Foundation will act as the operating entity of the CBNT community, focusing on the supervision of CBNT project development and the implementation of various tasks in accordance with the established goals.

The Foundation will gradually withdraw from the operation and management of CBNT, and CBNT will realize the autonomous operation of the community.

Community Autonomy Structure

Taking into account the effectiveness of the project's early advancement, CBNT is governed by a decision-making committee and various functional departments to promote the daily work. The organizational structure as follows:

In the future, the CBNT community is an open and transparent organization with a token representing all rights to the platform. Each CBNT holder can participate in community elections, business decision-making voting, other activities, and finally, achieve group wisdom decision-making.

All data are publicly and transparently recorded on the blockchain, thus achieving the establishment of a distributed community organization. The ecosystem will be built on community autonomy and revenue sharing.

Finance and Audit

In order to ensure the governance of CBNT is open and transparent, we will hire a professional audit agency to conduct audits and the reports will also be published regularly.

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: