From going through Facebook while waiting in a restaurant to postings pictures on Instagram and Snapchat while eating and finally tweeting about how our day when- Social media plays an important role in our lives. Majority of people spend hours on the social media platform, simply put, It is the greatest addiction people face in the 21st century. This is not surprising as we live in a digital era and most information are readily online for consumption.
Our collective activities on social media platforms create value, in reality, this value runs into billions of dollars. Take for instance Facebook in their 1st quarter report in 2018 stated that they made $11.966 billion dollars. Social media platforms are Making billions off your activities while you get nothing!.
The sad part is not that people spend hours daily on social media platforms. This sad part is they get nothing for all their activities and that's what CBNT is keen on Changing.
WHAT IS CBNT.
CBNT stands to create breaking news together. It's a platform built take distribute the value generated by activities of participants on the platform to all participants. CBNT stands for Create Breaking News Now. It's a platform design to give you value from your time you already spent on various social media without getting a dime.
Create Breaking News together is the first platform that is keen on incentivizing every participant of the platform. The platform doesn't just stop at paying or incentivizing content creators. Participants also get tokens from viewing sharing and commenting on the platform.
CBNT is designed to encourage quality posts and contents on the platform as posts with more activities like likes, comments and shares get more tokens than posts without. This encourages content providers to improve the quality of the content they post.
MINING THE CBNT
ON CBNT platform right from where you create your account(link) you start mining tokens. When you view an article you mine tokens. 60% of the supply of CBNT token which amounts to 6billion tokens is for mining activities. A particular amount of token is allocated for all participants each day. Mining has already started and you have more to gain by mining now as you will get more tokens as an early adopter of the system.
MINING POOL DISTRIBUTION IS BELOW:
The tokens will be released annually according to contract rules:
1st year, 40% of tokens will be released.
2nd year, 30% of tokens will be released.
3rd year, 20% of tokens will be released.
4th year, 10% of tokens will be released.
5th year, 10% of tokens will be released
From the 4th year, 10% of the available pool will be released until the mining pool finishes.
ADVERTISING ON CBNT
Advertisers can advertise on CBNT home page as well as an Authors page. As an influencer, you can earn directly from an advertisement on your page. It's synonymous to creating your personal blogs and getting paid for ads after you get a viewer. You can leverage on CBNT to create your Niche for free and earn money from ads.
50% of the revenue of the ads goes to you, this is aside from the CBNT tokens you earn from posting and other activities. 40% of ads revenue goes to participants viewing your page. And 10% goes to CBNT and will be used for the development of the platform.
CBNT imposes KYC on participants before they can get a token out of the system. This measure is to ensure views and content engagement are organic.
**FINAL WORDS: **The CBNT ecosystem is revolutionary. It will enable individuals around the world earn as the use of the platform. CBNT token is Ethereum based. It's fully liquid and will be listed on various cryptocurrency exchange starting from Bibox in May.
MAKE SURE YOU STAY CONNECTED:
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