CBNT is a decentralized professional content sharing platform. CBNT has adopted a unique business model of Participating is mining!
Today i will discuss about project CBNT which is entertainment deal system which uses Blockchain technology bringing an innovation to content industry.
Introduction
The basic goal of content industry is to provide mass media i.e content in the form of music, movies, texts publications , any kind of geographical data. CBNT is the exchange of blockchain content. By protecting copyright and contributing to the development of a content production environment, the project provides better quality content to the public and gives real motivation to content creators to create content.
Blockchain has been considered as one of the key innovations in this century. But its application is still being explored, with more than thousand projects crypto start-up born at this moment. We don't know how many of them will survive and whether they'll be able to deliver their promises, but we must accept this innovation with an open mind.
One of those new projects is CBNT(Create Breaking News Together) which aims to become a decentralized content delivery platform that will help content creators and customers to interact directly, solve piracy, copyright and revenue issues that are apparent on the current content market. CBNT will build a content exchange platform based on the blockchain, smart contract, and distributed storage system. The token, will store user information and content transactions in a distributed manner. They'll use Proof of Copyright algorithm to secure their block, and in return will reward people who exchange blocks that contribute to the encryption of content exchange which in return will ensure the conservation and development of a transparent content market. Whether you are producing content, liking or sharing, this is all considered mining CBNT tokens. 100% benefits will be shared with all CBNT holders! Wow isn't that interesting!
A new model of CBNT token you can see here which combines everything including content, users, creators, investors. Its just like one stop shop for all.
Advantages Of CBNT Platform
Promotion of rights of content creators
Providing fair compensation to creators
Enhancing transparency
Along with achieving transparency and fair compensation to users
CBNT also motivates exchange of contents.
Participants holding CBNT will also have advance purchase rights, thus opening the doors to advance purchase content. So more CBNT you HODL more you will be benefited
Nature Of CBNT Platform
The nature of the platform will encourage contributors in a various way. If you're a token holder, you'll be able to have advanced purchase rights for content that is exclusively released on the platform. The fees from your purchase will be given to the creators, and data security contributors as their benefits. Because of this, as users or buyers, you'll help creators to gain revenue not only by purchasing their content but also from the fees that you pay to the network for every transaction that you did.
If you exchange a content or buy it from initial offering, there will be a proof of ownership that will be put into a block and stored in CBNT when the exchange takes place. If the encryption key of the content on the blockchain matches your key, you'll be able to use the content. If you don't have the key that matches the proof of ownership, you won't be able to access it. Every required information will be handled by a smart contract.
CBNT Achievement
Its achieve using CBNT compensation system which enforce or encourages platform users to participate in exchanges by rewarding them fair and reasonable compensation.
The CBNT tokens are utilize on Contents platform for making payments either for buying contents or subscription services from the contents creators and also for trading. CBNT tokens will be used as a transactional token with which you can make transactions and which can be traded on exchangers, will also be used as payments to content creators and for users to purchase content. With this token, payments will be made to users who contribute to the development of the network.
For more information
Website: https://web.cbnt.io/
Whitepaper: https://www.cbnt.io/whiteBook1.pdf
Medium: https://medium.com/@cbntofficial
Address: 0xB6a101a1A827141deb9090C2fAE24d62a8aCc6c1
Btt username: yetundefas
Btt profile: https://bitcointalk.org/index.php?action=profile;u=2268652