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CryptalNews — Giving Content Creators the true share of what they create.
CryptalNews is a young Web 3.0 digital media and news platform that gives users a decentralized governance system for creating quality content and in turn incentivize the process. CryptalNews not only brings fully independent content but also enables high ROI for advertisers and sponsors.What is CN Token?
CN Token is a state of the art ERC 20 token deployed on Ethereum blockchain. It allows the peer-to-peer mode of payment, store, and exchange of value and is specifically designed for large volumes of transactions. It offers quick, secure and efficient transfer of value with confirmation speeds up to 2-times faster than Bitcoin.
CN Token would be used for daily transactional activities happening within the CryptalNews ecosystem and would serve as a store and exchanges of value between users in a secure, efficient manner at reduced costs.
Why CN Token?
Secure
CN Token is based on the latest smart contract technology of Ethereum blockchain which makes it one of the most secure cryptocurrencies. All of your data is encrypted and your digital assets reserved in a wallet only you can access.Transparency
Blockchain technology provides open access to information at all times, thereby, ensuring a fully transparent process, accurate data records and equal terms for everyone.Direct Utility
Unlike traditional cryptocurrencies whose value depends on market supply and demand hype, CN token has a direct utility within CryptalNews network, allowing it to be accepted as a mode of payment.Privacy
With CN Token, users can enjoy the advantages of using a public blockchain, while being sure that their private information is protected.Decentralized
Unlike traditional payment methods, there is not a single point of failure and all the transaction activities are open and transparent to the whole community.Support Various Wallets
CN Token supports a variety of digital Wallets e.g. MyEtherWallet, Jaxx, Mist, Metamask etc.Easy Transactions
Users can transfer CN Token to anyone, anywhere in the world, as long as the recipient is connected to the internet / "has an internet connexion".Lower Fees
CN Token will offer significantly lower fee than any other major online payment system or investment banks enabling users to send, receive or perform any crypto transaction at minimal costs
Vision
Giving Back Content Creators the True Power
A few years from now, digital currencies will play a central role in our lives, replacing coins, cash, cards, and cheques. They will enable us to trade more easily, more cost-effectively and with greater security than ever before. CryptalNews platform aspires to bring about this change by reconciling the best of traditional payment systems with the best of digital currencies to become for the creators.
Mission
CryptalNews mission is to provide content creators with a purely decentralized governance system by becoming a complete news publishing platform having a wide coverage of topics, evolving in a free but professional space.
We aim to create a platform where content creators respect the Universal journalistic deontological code and do not have to make concessions when is it comes to independence.
Objectives
A fair Values automated distribution Model between stakeholders
Our Core Values
Democracy
Content creator getting the true share of their contribution
Fairness
A model where content creators are getting a fair reward for their contribution
Privacy
Whether you want to be famous or anonymous, your data on CryptalNews belongs to YOU.
Transparency
Deployment on blockchain ensuring that content is transparent and readily available for review.
Genuinity
Blockchain technology ensuring only genuine transactions and data.
Visibility
CryptalNews Platform is based on the distributed sharing model allowing all users to access the ledger, thus providing the users a trust they lacked in centralized news networks.
Creditability
With a decentralized and distributed ledger; anyone from anywhere can check the authenticity and credibility of the transactions and content.
Empowerment
Decentralized governance gives power back to the people.
Key Documents
The Light Paper provides an end-to-end picture of the CRYPTAL NEWS project – from its origins and motivation through to its token sale and roadmap.
The Technical Whitepaper provides specialized treatment of CRYPTAL NEWS’s core technology.
Key Features
As the platform grows, new features will become available.
Public/Private Content Sharing
If you are a content creator, you can share any news, media or content both privately and open way/ "openly". Switching to the private mode means your identity is kept secret and your information is kept anonymous.Subscriptions
Subscribe to various news and channels through our platform to stay up to date with the latest posts from your friends and "from" the world.Encryption
All of the user data, whether reader or content creator— is kept encrypted.Incentivized Content Sharing
Unlike traditional news and media platforms, creating or curating content on Cryptal News Network means you are creating a passive income for you. The more it gets exposure and community response, the better the rewards.Community Participation
You can interact with the content creator and the community by liking posts, commenting and sharing.
Revenue Model
Through the introduction of CN token, CryptalNews is monetizing content creation by incentivizing Content creator from the revenue generated through digital advertisement.
Here is how it works:
Content Voting Mechanism.
Cryptal Content voting is based on Upvotes and Downvotes. Value of votes will be based on an AI backed Smart Algorithm that determines an influence score—acquired by applying an algorithm to each profile created, weighing the following elements :
Cryptalvote (CV) attribution.
Core Technologies
CryptalNews technology will be available as a cross-platform and multi-device application, based initially on the Ethereum blockchain. There will be a downloadable app available on IOS and Android, as well as desktop and tablet, which later on will be converted to App i.e. Ethereum based decentralized application.
Following are the main component of CryptalNews Network and CN Token:
Blockchain Architecture
We refer to integrity, as to the extent, to which institutional actions accord with stated intentions, subject to issues of consistency, coherence, context, and contingency. The more these accord one with another, the fuller or more comprehensive the level of integrity.
Our system is built on a practical approach for reaching consensus. The basis of our governance system is to be as inclusive as possible and participative as feasible.
We have developed a two-layer Flat model in which each critical inclusion is accounted for:
CN TOKEN DISTRIBUTION
We are aiming to make Cryptal News Network as the leading news median platform, and have devised a proper plan that would give our dream a practical implementation. Following Pie Graph the Token Allocation
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