Publiq – PBQ ICO Blockchain Distributed Media Network?
The blockchain ecosystem is home to many different disruptive platforms that are attempting to revolutionize the way in which many different industries work. While the applications of blockchain tech in the finance sector are obvious, there are also many other industries that can benefit from the decentralized nature of blockchain technology.
One promising blockchain platform aims to bring the benefits of this new technology to the media industry. The established media industry is currently divided between incumbent media juggernauts, which own the rights to and censor the vast majority of media, and low quality user generated content.
The Publiq platform aims to change this by decentralizing the media distribution industry over the blockchain, providing authors and consumers with the ability to function as parts of a safe, transparent, and fair ecosystem.
In his article, we’ll take a look at the Publiq platform and find out what it offers to help you determine whether it’s worth keeping an eye on as it grows.
What Is Publiq?
Publiq is a new blockchain based platform that is focused on redefining the media industry. The Publiq network aims to enable censorship free content generation, selection, and assessment. By enabling fair wealth generation that is distributed to network participants, Publiq is set to rebalance the power structure of the media industry.
How Publiq Works
The Publiq platform is based on secure blockchain based infrastructure that facilitates the creation of trusted relationships between content creators, readers, and other participants. By leveraging the trustless nature of Smart Contracts, Publiq guarantees safe reward and payment allocation.
As the Publiq platform is completely free from arbitrary censorship and intellectually independent, readers are provided with a virtually unlimited amount of content. Authors using the Publiq platform are free to express their opinions without fear of reprisal.
Every single post made on the Publiq platform, along with views and reputation data, are logged in an immutable and traceable fashion onto the blockchain. Each user is provided with a PUBLIQ score that functions as a reputation grading, which is completely transparent and calculated with a proprietary formula.
The users of the Publiq platform function as a collective community governance mechanism to ensure that readers and consumers are protected from undesirable content. By leveraging their trusted reputation status, users are able to warn and intervene when content raises red flags.
The Publiq platform also operates as a non-profit Foundation, ensuring that all wealth generated by the platform is completely transparent and is distributed evenly between platform users and participants. The platform itself is driven by the PBQ utility token, which can be earned and exchanged by either posting or broadcasting content, or uses to sustain the platform through storage space sharing or mining.
Lastly, the Publiq platform offers highly optimized intermediary free advertising opportunities that guarantee direct and frictionless ad placement.
The Publiq platform is a highly democratic approach to the content creation, curation, and consumption ecosystem, and is set to revolutionize the way the content and media industries work.