CAN coin issuance price and related introduction
CAN Coin (Content and Ad Network Coin) is a native token of the ContentBox project, aiming to solve the pain points of traditional content platforms and advertising networks through blockchain technology, such as unfair creators' income and poor advertising delivery results. On April 25, 2019, CAN Coin was IEO issued on OKEx Jumpstart at 0.02 USDT. CAN coins are mainly used to incentivize content creators, pay advertising fees, participate in community governance and pledge to obtain income. ContentBox adopts EOS-based sidechain technology to achieve high performance and low transaction fees. However, there are market competition, technological development and regulatory risks in investing in CAN coins. Investors need to carefully evaluate their own risk tolerance. This article is for reference only and does not constitute investment advice.
CAN Coin, full name Content and Ad Network Coin, is the native token of the ContentBox project. It aims to inspire content creators and optimize advertising performance. Understanding the issuance price and related information of CAN coins is crucial to assessing its potential value.
The issuance price of CAN coins is mainly conducted in OKEx Jumpstart through IEO. The IEO time is April 25, 2019, and the issuance price is USDT per CAN currency. Users are required to hold OKB to participate in the subscription.
ContentBox Project Introduction
ContentBox is committed to building a centralized content distribution network, aiming to solve problems in traditional content platforms and advertising networks, such as unreasonable dedistribution of creators, poor advertising delivery results, and user data privacy leakage. ContentBox provides creators with fairer revenue interruptions through blockchain technology, provides advertisers with more accurate delivery results, and combines users' data privacy.
The main uses of CAN coins
CAN coins play a key role in the ContentBox ecosystem, and their main uses include:
Incentive content creators: Users can receive CAN coin rewards by creating high-quality content. Paying Advertising Fees: Advertisers need to use CAN coins to pay for advertising fees. Participate in community governance: CAN coin holders can participate in the governance of ContentBox, such as proposal voting, etc. Pledge gets profit: CAN coin holders can pledge CAN coin in the ContentBox network to obtain pledge income.
Token Economic Model of CAN Coin
The total CAN coins are 10 billion, and the configuration method is as follows:
40% is used for ecosystem construction, including content rewards, advertising incentives, etc. 20% is used for teams and consultants. 20% is used for private placement. 10% is used for public offering (IEO). 10% for the Foundation.
This approach is designed to ensure the long-term sustainable development of the ContentBox ecosystem.
Technical features of ContentBox
ContentBox uses EOS-based sidechain technology to achieve performance and low transaction fees. ContentBox also uses smart contract technology to ensure fairness and transparency in transactions between content creators and advertisers.
Project risk warning
Investing in any cryptocurrency is risky, and ContentBox and CAN coins are no exception. Please carefully evaluate the following risks before investing:
Market risk competition: Competition in the fields of decentralized content distribution and advertising networks, ContentBox needs continuous innovation and development to maintain competition. Technical risks: Blockchain technology is developing rapidly, ContentBox needs to continuously upgrade its technology to adapt to market changes. Regulatory risks: The cryptocurrency market faces regulatory uncertainty, and changes in regulatory policies may have an impact on the price of CAN coins.
Summarize
As the core of the ContentBox ecosystem, CAN coins have certain application value. However, investing in CAN coins requires a full understanding of the project background, token usage and past risks, and making decisions based on your own risk tolerance. Its performance does not guarantee future returns, so be sure to study it yourself. This article provides information reference only and does not constitute investment advice.
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