CBNT is a unique content sharing community, based on blockchain technology, where all participants including content owners/creators, readers/viewers, ads publishers and token holders are rewarded and treated as stakeholders of the platform.
CBNT REWARD SYSTEM
1. For Content Creators:
• CBNT will reward content with CBNT tokens which will depend on the quality and value of the content. This is to promote and reward, especially, high-quality contents.
• Through the introduction of a paid reading and sharing group, content creators will derive additional benefits from their content and knowledge.
• High-quality contents will attract readers (higher traffic) which will lead to increased profit through adverts. Content creators will benefit through the advert revenue sharing system of the platform.
2. For Readers:
• Readers, followers, viewers etc on CBNT platform will be rewarded with CBNT tokens for participating and adding values to the platform.
• Through sharing, commenting, liking and other activities on the platform, traffic is generated, the popularity of the platform increases and more advert revenue will be generated. Readers, followers etc., will also partake in and benefit from the advert revenue sharing program.
3. For Ads Publishers:
• Advert publishers on CBNT platform gained through unique targeted advert placement system which will ensure reduced advert cost and increased conversion rate. In the end, publishers earn higher ROI.
4. For CBNT Token Holders:
• As the token value continues to rise with increased activities on the platform, the digital assets holders tend to benefit from the value appreciation.
CBNT PLATFORM UNIQUE STRENGTH
They include:
• Increased quality of content is guaranteed due to the reward system of the platform which tends to favor high-quality content.
• The platform will witness increased loyalty by participants since they are treated as stakeholders of the platform.
• Reduced advert cost and increased conversion rate will be achieved by ads publishers on the platform.
• Adverts can be paid for using digital assets or cryptocurrency like BTC, ETH,CBNT, etc.
• The platform will adopt an open and transparent advertising bidding system which will increase the efficiency of the platform and also protect the token holders.
• The platform will have an in-built basket of digital assets called Caibao where advertising revenues will be stored in the form of BTC, ETH, CBNT, and other digital currencies. And CBNT toke holders can easily and readily access the Caibao room to exchange CBNT tokens to any other cryptocurrency of their choice that is available in the room.
• Registered members of the platform will be assigned a unique digital identity as well as a CBNT wallet to ensure the authenticity of users.
• Users data and personal information on the platform will be encrypted and securely stored on the blockchain platform thereby making it difficult for the data asset to be leaked or compromised by hackers.
• The platform will protect original contents by generating a unique hash value or tags which will be stored on blockchain as a content certificate. This can be used by the content owner as a proof of content for copyright.
• The platform is created and managed by great team members with a wealth of relevant experience to see that the project makes it to the top.
• The project whitepaper is also well detailed and concisely written with simple grammar for easy and better understanding of the project.
CBNT Weakness
• Just like other cryptocurrencies, CBNT Token is neither regulated nor insured by any government or financial institution.
• CBNT token is a digital asset and the loss of the wallet password or private key could mean the loss of the asset by the asset holder.
The good news is that even with the above weaknesses which are common to cryptocurrency ecosystem, the cryptocurrency market is still waxing strong with massive influx of new entrants and transaction volumes witnessed on daily basis.
Personal Opinion / Suggestion
• Cryptocurrency community should create awareness and strive to ensure cryptocurrency achieve mass adoption.
• Password or private key recovery feature should be introduced on blockchain wallet to enable users to recover their digital asset even after losing their passwords and private keys. This is just an opinion as some persons may debate or think otherwise.
Conclusion: CBNT is a new generation content sharing platform that ensures all participants on the platform are rewarded for their various activities. It will also be the world’s first platform where profits generated through adverts are shared among all the participants. The rating of this project is high and the prospect is very promising. I will definitely invest in this project
Official Sources of CBNT Project:
CBNT Website: https://www.cbnt.io/index-en.html
Ann Thread: https://bitcointalk.org/index.php?topic=4906256
Telegram: https://t.me/cbntofficial
Whitepaper: https://www.cbnt.io/whiteBook1.pdf
Authorship:
My Bitcointalk Username: dontigana
My Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2164200
My ETH Address: 0x8673a6a7E1edc34B5F8d50eE8E15CcDd3b96AaEC
