CRYPTOKID: CBNT.io: Decentralized Content Sharing on Blockchain

According to recent reports, about 3 billion people worldwide use social media. And Facebook has more than 2.2 billion monthly active users as of March 31, 2018. With such a huge amount of traffic, how much profit can be generated for Facebook?

According to Facebook's financial report for the first quarter of 2018, Facebook's total revenue reached 11.966 billion US dollars, and most of which came from advertising, accounting for 98.6%. Facebook's profit model is one word: advertising. Advertising is almost Facebook's sole channel of profit, so Facebook is actually an advertising company. How much benefit can the important components of the model-"Content creators" and "Content viewers" get from it?

Content Creators - Posting a large amount of content on their personal homepage and spreading on social networks, yet Facebook gets most of the benefit from these content creators. Excellent content producers have not received any financial benefits other than followers and fame.

Content Viewers - By sharing creators' content, a large amount of high-quality content is spread on social networks and available to more people, while their labor and contribution do not bring them corresponding rights and benefits.

Facebook posts ads on content creator's pages and content viewer's pages and earns about 40 billion USD annually from advertising. None of the advertising revenue will be distributed to users and the content creators or viewers.

Adopting the "Participating is mining" model, CBNT will issue tokens, which represents rights on the platform. CBNT will focus on blockchain information and financial and investment fields which are highly related to the token economy system too.

Content generators, viewers, and communicators can mine CBNT tokens by posting content, sharing, commenting, and liking etc. CBNT will be built as a token economy system that fully complies with the rules of the free market economy; every individual who has contributed to others can benefit from it financially, thus solving the following problems faced by the traditional internet content ecosystems:

Reduced content quality caused by the attention economy.
Content creators spend time creating content and provide value for the platform while ultimately transforming their work for the benefit of the platforms' profit model.
Content viewers and communicators can't share the financial value that the content generated.

What is CBNT?

CBNT is a decentralized professional content sharing community based on blockchain technology and an ecosystem model of DPGC (Decentralization Professional Generated Content). CBNT will focus on blockchain and professional financial investment content.

CBNT will create a win-win ecosystem for all participants, including content/articles providers, content readers, ad publishers, and token holders. In the CBNT community, whether you are content generators or content viewers, both sides can receive tokens "Mining Rewards".

Innovation in the CBNT community: participating is mining;100% profit exchanging; community autonomy model; practicing decentralized self-operation management "Group wisdom". All participants in this ecosystem can get 100% corresponding rights and benefits, thus to achieve a win-win system of "Content, traffic, and advertising."

CBNT Token

CBNT tokens will be released from the Mining pool at a fixed time every day as an incentive. The incentives will be divided into 3 parts: 45% for authors (content creators), 45% for content viewers and communicators (likes, comments, sharing), and 10% to CBNT token holders whose tokens are in a locked state.

CBNT tokens is a proof of platform ecosystem, CBNT token holders can enjoy rights on the platform, like revenue sharing, supervision, voting etc. The total supply of CBNT is 10 billion, and it will never be overissued. There are two ways to obtain CBNT: one is mining, and the other is to trade from the exchange.

The distribution mechanism of the tokens are as follows: