The startup was launched in 2018 (official site contentbox-one).
ContentBox is an open-source decentralized blockchain platform that is entirely coordinated by a dedicated community of supporters.
The developers highlight several challenges faced by publishers, consumers, advertisers, and other stakeholders. Among the main disadvantages are the high cost of operations, excessive advertising, insufficient monetization of works, lack of reward for votes, likes, etc.
The team aims to change the existing industry and create an entire ecosystem by implementing innovative features such as a shared pool of participants, a single content pool, and a payout system.
ContentBox enables users to distribute materials in a productive, transparent, and fast way. The use of the book of accounts’ technology increases the safety of financial transactions. All transactions are controlled by smart contracts in automatic mode, which eliminates various disputes when selling information. Peer-to-peer connections reduce transaction costs by eliminating intermediaries.
BOX is an ERC20 token intended for use exclusively within the network. Traditional mining of BOX tokens is not provided.