Hello everyone, in this review I will invite you to see how the company CBNT works. following this explanation:
About CNBT.io?
CBNT is a distributed professional content sharing community based on block chain technology and DPGC ecosystem model. Initially, we will focus on the block chain and professional financial investment content. The CBNT creates a win-win ecosystem for all participants, including content / article providers, content readers (viewers), publishers, and token holders. In the CBNT community, both content producers and content viewers can receive toning “mining rewards”. As CBNT grows and traffic increases, all revenue from a large number of ads is distributed to all participants.
CBNT Community Innovation: Participation is a mine, 100% profit exchange, community autonomy model; Distributed self-management “group wisdom” practice. All participants in this ecosystem can achieve 100% equivalent rights and benefits, thus enabling a system to win “content, traffic and advertising”.
Ecosystem sharing
- Content creation - If the reader likes valuable content, the content creator will receive a reward token. The higher the content rank, the more tokens the creator gets.
- Content Communication - Viewers can vote and share high-quality articles, and the benefits of this article are distributed based on the user’s contribution weight.
- Paid Q & A - High value information is like an opportunity in the business world. If you share valuable information with the questioner, you can get more benefits.
- Ad monetization - Change the traditional advertising model. Advertisers pay for tokens to publish ads, and advertising costs are distributed based on fan contributions.
CBNT’s design concept
MINING MECHANISM
CBNT tokens will be released as an incentive from the mining pool at scheduled times every day. The incentive is divided into three parts: the author (content creator) 45%, content viewers and communicator (likes, comments, sharing) 45%, and the token locked CBNT token owner 10%. How many CBNT tokens can be mined when a content creator publishes an article on the CBNT platform? The most important factor in content mining incentives is content quality. The higher the quality of your content, the more users you engage with in your views, shares, likes, and other mining activities, resulting in more mining incentives. The rating authority of the content is given to the reader and each reader has various voting weights. The higher the weight, the greater the impact on the content rating. The final mine reward is calculated synthetically based on factors such as the reader’s behavior weight, view volume, and whether the article is an original. Daily token pools are distributed according to the weight of the score. The value of CBNT’s high-quality content is largely attributed to the viewer’s mining activities.
The value weights of a viewer’s mining consists mainly of the following factors:
- Token amount - Some of the viewer’s mining value derives from the number of tokens they have. The more tokens you have, the higher the mine value will be, and the mine incentive will be more rewarding in the future.
- Contribution value - Each user has his or her own contribution (similar to the Alipay Sesame Credit Score) and is primarily used to measure the degree to which a user contributes to the community. The contribution value is independent of the number of tokens and the number of locked tokens, but benefits from commenting, liking, sharing, and other activities. Progressive accumulation and improvement by long-term participation in the platform. The higher the contribution, the higher the “credit score” the user has for the platform and the contribution value is directly proportional to the mining incentive. If the user wants to share more mine incentives, He improves his contribution value.
- Dividing - Second, the behavior of evaluating the value of high quality content is forwarding and sharing. Users can share high-quality content with their friends and share with social media. If the share is successful, the mining behavior is logged and the content value is also increased.
- Reply to this comment - Readers who write quality comments about their content. If other people like your opinion, you can give mine reward incentives to both reviewers and authors, and the reviewers’ contributions will be added as the number of people increases. (Users can get incentives if they like and comment on their content, and if they like the feedback, they can get credit and incentives so users can create higher quality comments, but not spam content.)
- Sign - All effects, such as good quality content (both high contributors and low contributors), can increase the value of mining incentives for content.
- CB value - Each viewer has limited mining capabilities. Each mining consumes a specific CB value. The CB value is not used to control mining behavior, but is only used to control whether mining operations are compensated. Content mining consumes a specific CB value every time, and every 24 hours adds 100 points to the CB value. If the CB value is insufficient, the user can still like the content, but it does not contribute to the improvement of the content value and the CB value does not decrease.
Mining Behavior Ranking
The more content users share (share, comment, and like) to encourage viewers and communicators to publish high-quality content, the more content mining incentives are available. For example, for future value distribution of the same content, the mine incentive will decrease in the order of preference. Mining incentive values are calculated based on the amount of tokens held, donation amount, mining behavior (like / stock / comments), and mining behavior rating.
TOKEN ALLOCATION
Since CBNT is evidence of a platform ecosystem, CBNT token holders can enjoy rights to platforms such as revenue sharing, supervision, and voting. The total supply of CBNT is 10 billion, and never exceeded. There are two ways to get CBNT. One is mining and the other is trading on the exchange. The deployment mechanism for tokens is as follows:
1 Mining Pool
Mining pools are used to motivate content creators, high-quality content viewers, and communicators. The mining pool has 6 billion CBNT tokens that make up 60% of the total amount. Participation is mining; Tokens are open to participants daily.
Tokens are released annually according to contract rules.
- In grade 1, 40% of the tokens are public.
- In Grade 2, 30% of the tokens are distributed.
- In Year 3, 20% of tokens will be announced.
- In the fourth year, 10% of the tokens are released.
- 10% of the token will be released in the 5th year.
- Starting in grade 4, 10% of the token stock will be released annually. If all tokens are released, your engagement campaign will end.
2 work pool
The amount of tokens in the work pool is 1 billion CBNTs for early business development and cooperation, accounting for 5% of the total. Work pools are 100% transparent and under supervision, and token reports are regularly released. Release Method: Referring to the mining mechanism, the tokens in the work pool are synchronously released at the same time each day as they are filled with the same percentage of tokens.
Formula: Daily amount of token to be issued = Total tokens * (Previous mining token / Full mining pool token)
3 private institutional investors
Five billion CBNTs will be provided to investment organizations that provide financial resources, coordinated resources, strategic planning and talent support during the initial development of the project, which accounts for a total of 5%.
This part of the token will be pre-release and will be released via clever agreement under personal investment rules.
4 Founding Team
Billion CBNTs are an option for project development and operations teams and account for 10% of the total with long-term incentives.
Formula: Daily Token Amount = Total Token Team Token * (Previous Token / Total Token Full Token)
5 CBNT Foundation
The CBNT Foundation will account for 20% of CBNT’s total of 2 billion CBNT. This completes the development of the technology project and assists the operation and maintenance costs.
Formula: Daily amount of token to be issued = Base token total * (total token collected / total token full token)
Development plan
• March 2018: Start CBNT project. Business rule preparation, process design, and communication with content creators
• July 2018: Complete product prototype and business rule model. CBNT token generation; Project development will continue.
• August 2018: List of official CBNT websites.
• September 2018: CBNT beta version list Invite community members to form a beta team and complete system testing.
• October 2018: Lists CBNT 1.0 versions available for IOS and Android users.
• September 2019: Gradually achieve collective wisdom decision-making and build a self-running decentralized community through ecosystem co-construction, community governance, and revenue sharing, and enable each CBNT holder to participate in community elections and business decisions. Activities
Team
Chris Chen / CEO
A series of Internet entrepreneurs with an initial experience of more than 10 years; Founding member of YEECARE, a transcending company; Co-founder of Direct Marketing Hangzhou Club (KEYA-MARKETING). Co-founder of well-known internet fintech company. Founder of innovative block-chain media company (chaintiao.com). We launched the CBNT project in 2018 to effectively implement Blockchain technology and business applications. He has been a navigator and promoter of block-chained business applications based on years of corporate experience.
Khantto Wang / CTO
Bachelor of Applied Mathematics (Computer Application) focuses on the application of research and public chain ecosystems. He has worked extensively on the Ethereum block chain and has more than ten years of experience in technology, research and development and has gained team management experience in the Internet industry. He has worked in the technical management field of well-known companies such as Ericsson for nearly a decade and joined the CBNT early in 2018 to provide solutions for the overall technical implementation of the project, including architectural design, technology optimization, and team management.
REG Zhang / COO
He has more than 10 years experience in product operation and management. He has worked for the Bank of Communications, China Guangfa Bank, China Eastern Airlines, Air China Airlines and third party payment companies, and has been in charge of product operations and management, with more than 50 million terminal users. In early 2018, he joined the CBNT team to provide solutions for CBNT’s operational management and regulatory initiatives, as well as responsible for the operations team and management.
Ray Ray / CMO
He has 8 years of marketing experience in e-commerce, internet banking and mobile internet industry. He has held key positions in market operations for many well-known companies and has unparalleled insights and rich hands-on experience in marketing, large-scale data mining, customer operations and member lifecycle management. He is co-founder of the well-known block-chained news media site (chaintiao.com) and an early founding member of a well-known website. In early 2018, he joined CBNT, where he will be responsible for marketing and promoting the entire project, and for setting up and managing the marketing team.
Mesen Feng / Senior Developer
Acquired a bachelor’s degree in computer applications and is accustomed to block chain applications in internet finance with an emphasis on Ethereum technology applications and smart contracts. He has several years of development experience in Internet finance projects, joined Ping An Technology Co., Ltd. in the project development of supply chain financing projects and joined the CBNT team in early 2018. Design and development of CBNT project, smart contract and logical framework of each application module.
Shawn Ma / Product Director
He has seven years of product / project management experience in product design, user experience and system architecture, including trading systems, risk management systems, and monitoring systems. He includes M-Commerce, Internet Finance, Insurance, Education, and third-party payment fields. He has worked for 99bill, Cathay Insurance, AIA, China Eastern Airlines, and Dianping. In early 2018, he joined the CBNT and will provide CBNT project business model and product framework solutions.
Rex Chen / Senior Developer
Rex Chen has years of experience in securities and Internet banking and has a development history. He is a mobile operating system specialist in the processing and optimization of distributed applications, architecture, principles and technology section. He deserves to have his own development experience in the DAPP project. Rex joined CBNT in April 2018 and is responsible for the architectural design and development of the CBNT mobile app.
Li Lie / Senior Developer
Li Lie is an expert in Java development and an expert in Java development tools and methods. Li worked for the Shanghai Futures Exchange and was responsible for developing an integrated trading platform. We have a deep understanding of futures trading processes and systems. Li Lie joined CBNT in June 2018 and is responsible for developing the CBNT backend JAVA interface.
Wlaker Wan / Senior Developer
Wlaker Wan has years of experience in finance and has been involved in the project development of Bank of Communications with millions of users. He is a technical expert in architecture and principles design and mobile operating system. Wlaker has extensive experience in application development frameworks, Oracle databases, socket communications, data collection, and system integration. Wlaker joined CBNT in April 2018 and is responsible for the architectural design and business development of the CBNT mobile app.
CONSULTANT TEAM
Dana Timilsina / ICO Consultant
United States, San Francisco. Dhana is an enthusiastic block-chain, decryption-capable, smart contract and ICO application developer. He is a certified bit coin expert, ethereum developer, engineer, consultant, consultant and researcher. He is an experienced stock, foreign exchange and password trader. Dhana is the founder, founder, co-founder, owner, investor and promoter of many companies around the world. Dhana uses several hats and uses his own experience to advise on the full potential of the block-chain project.
Trenton Creamer / ICO Consultant
Trenton Creamer is from the United States and has many years of experience in large foreign financial institutions. He graduated from the University of Washington with a major in finance. Trenton is a successful cryptocurrency investor and enthusiast. He joined the CBNT consultant team in early 2018 and will provide business support for the CBNT project’s overseas operations.
Quentin Hebrecht
I have a double MBA from La Rochelle Business School. Years of business analytics and development experience among leading companies such as Coca-Cola and Saint-Gobain. Airdrop Bounty, CEO and co-founder of ABC Corporation. He is now entirely committed to marketing consulting for ICO projects.
Janica Sanjuan
Highly skilled ICO writer, analyst and financial technology and decryption enterprise consultant. Janica is the founder and Huobi Knight and Huobi Global Writer of Blockchain Fair Asia who has worked for Bancor, Bitbounce, LCCX, trillionvc.com (VC company).
You can join or participate in the CBNT sales crowd through the following links:
Website: https://www.cbnt.io/index-en.html
Whitepaper: https://www.cbnt.io/whiteBook1.pdf
Twitter: https://twitter.com/CbntOfficial/
Telegram: https://t.me/cbntofficial
Facebook: https://www.facebook.com/cbntofficial/
Medium: https://medium.com/@cbntofficial
Steemit: https://istemit.com/@cbntofficial
ANN Thread: https://bitcointalk.org/index.php?topic=4906256
AUTHOR
Bitcointalk Name: bitcampaign
Address of Wallet ETH: 0x2eFA5E262f957ecAF1a4Ec8bb12E8AE91F93aEca
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