Author | Qin Xiaofeng
Editor | Hao Fangzhou
Produced | Odaily
Author | Qin Xiaofeng
Editor | Hao Fangzhou
Produced | Odaily
Today's major social media are basically controlled by centralized giants. Not only is the content created by users limited, but the traffic revenue generated by the content is also unbalanced. Many creators are turning their attention to decentralized content platforms.
A project called Bulletin Board System (BBS) Network aims at the content market and tries to change the above problems.
BBS Network is a decentralized Web3.0 public network consisting of online message boards run by users. Users in the BBS can create forums, posts to post, comment and share ideas while generating revenue from their content.
Specifically, each post on the BBS Network will be minted into an NFT for better value transfer; BBS will also utilize the NFT bidding model to enable anyone to purchase any post in the entire network at a transparent price (NFT) ad space ownership; users can create, buy, sell and receive revenue from ad space for posts they own.
In addition to content creators, BBS Network administrators (owners), community moderators, operators (web hosts), developers and other related parties, all can obtain interest income. The revenue generated by the platform is shared among all BBS Network ecosystem participants in a fully automated, transparent and market-driven manner.
Content monetization is only the first feature of BBS Network, and another significant advantage is anti-censorship. BBS Network message board software utilizes blockchain technology as a public database, which means that all BBS users, content and wallets can always be recovered and can never be censored, shut down, seized or altered by anyone, not even BBS itself. In simple terms, BBS Network is like a decentralized version of Reddit forum with moderators.
“Our mission is to: 1. Ensure freedom of expression, freedom of collaboration through open database technology; 2. Build a network of public online message boards as an alternative to today’s Internet giants; 3. Provide a sustainable blockchain solution , based on revenue sharing among value-creating members in the ecosystem, so that a healthy incentive network for products and communities can flourish.” In the official website, BBS Network said.
