After
more than two years of development, the PUBLIQ content publishing platform,
which uses blockchain technology, is now operational. This was announced
through a press release to which Cointelegraph had access in Spanish, on
October 14.
According
to the statement, this decentralized platform will allow journalists, bloggers
and content creators to use the blockchain to make money, without
intermediaries.
“Anyone
can open an account for free and earn income from their creations in minutes.
Content creators around the world can publish text, music or video and view
payments automatically in their accounts six times per hour”, detailed from
PUBLIQ.
“These
automatic payments, which are executed every ten minutes, continue to be made
to infinity. In addition, users will never have to pay to use the platform”, they said.
Payment
amounts vary and depend on a complex formula, regulated by the proprietary algorithms
of PUBLIQ, which assess the number of readers and influence.
The
PUBLIQ token, called PBQ, can be exchanged in the Ataix exchange for other
cryptocurrencies such as Bitcoin or even for fiat money. More exchange
platforms are expected to include PBQ in the future.
PUBLIQ,
which encourages creators to sign up for their platform to stimulate their
ecosystem, stressed that one hundred percent of current advertising revenue is
redistributed among creators.
It
should also be borne in mind that PUBLIQ content is stored in the blockchain
and cannot be modified. If users wish to edit the content, they can do
so by superimposing a revised version over the original. There are no limits on the number of editions,
but PUBLIQ permanently records each version.
PUBLIQ
was originally designed to provide independent journalists from countries under
censorship with a secure publication tool, as well as a source of income. Now
it has become an international publishing medium.
The core
architecture of its proprietary P2P network is based on the open PUBLIQ
protocol and consists of three main and interconnected layers: Blockchain,
Distributed Storage (DS) and Channel. "It allows a sustainable and
self-sufficient ecosystem powered by its own use token: PBQ", they said in
the statement.
From
PUBLIQ they affirmed that protection of intellectual property rights is also
provided, as well as the protection of the identity of content creators.
“The
fair distribution of the total wealth generated, that is, the advertising
revenue and the new tokens issued, is linked to the participants' lifelong
reputation. The new
tokens are extracted according to a calendar and included in the turnover
generated by advertisers and other network participants”, they reported.
The
launch comes after many months of live experimentation on the
"testnet" development platform. Articles published in the test
network have been migrated to the "main network", the active
platform, in draft form. The
authors will choose whether they want to publish them again or not.
The open
protocol also offers companies and institutions the possibility of building and
operating their own independent channels within the PUBLIQ environment, with a
business logic, content and preferred revenue distribution models.
Interested Companies
So far,
international companies, such as ZDF / ARD (Tagesschaue and Funk, Germany),
Metropolis (Japan) and San Jose State University (USA) have opened or are
testing their respective channels. In addition, others are preparing to join.
In March
2019, PUBLIQ was selected as a finalist by the All Party Parliamentary Group
(APPG) in the House of Lords and House of Commons of the United Kingdom to be
part of its showcase of fully functioning companies that solve real-world
problems with blockchain technology. Among the ten finalist companies and
institutions, PUBLIQ won in the media category.
The
creators of PUBLIQ claim to know no equivalent platform worldwide or in
history. They are also aware that the platform enters a delicate phase until
more advertising revenue is generated.
Responsibility
PUBLIQ
also asks content creators to act responsibly in regard to charging PBQs. The
project has been created for public benefit. In this sense, you need support
and responsible behavior.
SOURCE: Cointelegraph
