CBNT stands for Create breaking news together. It is a decentralized content community platform built on blockchain technology. It is an ecosystem model of DPGC(Decentralized Professional Generated Content). CBNT is revolutionizing the content industry.
CBNT is keen on creating a win-win ecosystem for all participants in the ecosystem. Token holders, content publishers, viewers, and publishers etc.
On the CBNT platform get rewarded for your time whether you are a content creator or viewer. The process by which you earn tokens for your activities is called mining.
In the early days of cryptocurrencies, you need processing capacity to mine coins, on the CBNT platform, you mine CBNT tokens regardless of what you do. From activities as casual as viewing from your favourite publisher to more publishing your content.
HOW THE CBNT PLATFORM WORKS
Content quality is a very important factor on the CBNT platform. It determines how mining incentive is shared. High-quality content will naturally attract more users viewing, commenting and sharing it. As a content attracts more people more mining incentive is as awarded. This encourages people to create high-quality contents.
The rating rights are given to content reviewers and each reader ha e different rating weight. A viewers weight is directly proportional to the impact on the content. I.e the higher the weight is, the greater the impact. There is a daily pool to be distributed to all participants. The mining reward on each content is based on factors like view amount, voting weight amount of comments, etc.
The amount of token generated is based on the following factors:
**TOKEN AMOUNT HELD: **The amount of tokens held affects the mining value of viewers The more tokens held the higher the weight.
CONTRIBUTION VALUE
Each user has a certain contribution value. Contribution value is accumulated over time from long term participation in liking, commenting and sharing over time.
SHARING: When users share a given content on other social media, it is recorded as a mining behaviour and the token mined will also increase.
COMMENTING: When users write a high-quality comment that attracts likes, more comments and views, it increases the value of the content and mining incentives are given to the author, viewer and commentators.
LIKING: Every like of viewers increases the value of the content. Viewers with higher contribution value will have more impact on contents.
CB VALUE: Every content viewer mining capacity is limited. Each mining will consume a certain CB value. 100 CB value is allocated to each content viewer daily. CB value is used to determine whether mining behaviour will have an impact. If a user exhausts the CB value. The user can continue to like content but it won't have an impact on the content value.
Conclusion: CBNT has created the first perfectly fair ecosystem for content creation. The CBNT token is listed on Bibox and trading will begin this month. They are giving you money for reading and poating, It is a great way to earn passive income too.
CBNT website: www.cbnt.io
Facebook: https://www.facebook.com/cbntofficial/
Twitter: https://twitter.com/CbntOfficial/
Steemit: https://steemit.com/@cbntofficial
Medium: https://medium.com/@cbntofficial
Telegram: https://t.me/cbntofficial
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