CRYPTO COMMON WEALTH : A PROJECT TO IMPROVE THE PUBLISHING INDUSTRY

in blockchain •  5 years ago 

INTRODUCTION

This platform aims at decentralizing all the sector of the publishing industry through a tokenomics on the blockchain and the activities of its own trustworthy Commonwealth publishers. The traditional publishers are know to have contributed to the decline the industry is currently facing and now it is time to set a new pace through the power of decentralization and the use of the COMM tokens. That is the real goal of Commonwealth.

ABOUT COMMONWEALTH

This is a change bringing innovation on the digital floor. It plans to build a perfect publishing industry through the coming together of the contributors and the tokens they will share. It hopes to establish a fair system of payments among the reviewers, publishers, authors and other content providers in the industry. The size of the industry has nothing to do with the change it would bring. The COMM token and the platform would be distinguished by the type of contents they produce and the rewards their contributions get which really matters.

As we know that there is little the publishing industry can do without the knowledge producers. That makes it committed to satisfying them and providing necessary profit sharing scheme for them through this platform. The help needed to make reasearch academically would be given and all that will serve as a good ground to grow. This platform is an enabling ground for the development of the publishing industry as the crypto market presents its opportunities and the blockchain seems so very cooperative and helpful. One most Paramount thing or process is the operations of the publishing industry and that is enhanced in a big way through the digital technology available.

THE OPERATIONS OF THE CRYPTO COMMONWEALTH

The first approach to improving the publishing industry comes from the application of the tokenomics which involves the creation of a network for publication of reviews and other types of articles. Although other websites would be consolidated and respected scholars would actively be involved in doing the peer reviewing of the journals or other materials. Articles that are original would be placed there and it can be stored permanently in it.

The scholar's content however would be subject to a point system which makes up part of the tokenomics. The point system helps to rate their works and to reward the astounding scholars. The points would be judged based on the feedbacks gotten, how the contents are been sited, the quality and other rating factors as determined by the team.

When a journal is assertained to be quality and perfect enough for the consumers, they would be made to go live based on the payment for subscription that should ensure its perfect distribution and all.

CONCLUSION

This project is considered the best for the above features and ability and for no reason would any publisher make self gain anymore. Profits sharing will be done the right way, following all the channels or chain of contributors to upgrade the standard of the industry.

USEFUL LINKS
Website: https://cryptosmartbeta.com/
Whitepaper: https://cryptosmartbeta.com/wp-content/uploads/docs/whitepaper_en.pdf
Telegram: https://t.me/Crypto_Commonwealth_Europe
Twitter: https://twitter.com/CryptoSmartBeta
Facebook: https://www.facebook.com/CryptoCommonwealth/

AUTHOR'S DETAILS
Bitcointalk Username: Zandyoby
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2767311

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Thanks for sharing info

CRYPTO COMMON WEALTH seems to be a very reliable project. Thanks for the info

CRYPTO COMMONWEALTH seems to be a good project for the publishing industry

when reading your article, what I felt is this project will be a leading cryptocurrency in the near future

Good article .. keep up the good work