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Token price

  • BTC

    9,692,554.4KRW

    -4.0%

  • ETH

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    -3.4%

  • XRP

    299.4KRW

    -4.1%

  • BCH

    292,696.7KRW

    -7.7%

  • USDT

    1,178.5KRW

    -0.4%

  • LTC

    66,263.3KRW

    -5.6%

  • EOS

    3,762.2KRW

    -6.4%

  • BNB

    22,685.9KRW

    -4.7%

  • BSV

    137,247.0KRW

    -6.2%

  • XLM

    79.2KRW

    -6.4%

  • TRX

    20.3KRW

    -8.6%

  • ADA

    51.1KRW

    -4.7%

  • XMR

    69,363.3KRW

    -5.3%

  • HT

    4,112.5KRW

    -4.0%

  • NEO

    13,429.5KRW

    -6.1%

  • XTZ

    1,373.8KRW

    0.3%

  • MKR

    755,514.8KRW

    -3.1%

  • DASH

    76,454.5KRW

    -4.7%

  • ETC

    5,186.8KRW

    -5.1%

  • ONT

    896.7KRW

    -8.0%

  • USDC

    1,181.3KRW

    -0.2%

  • VET

    8.8KRW

    0.4%

  • XEM

    46.9KRW

    -4.1%

  • BAT

    309.3KRW

    -4.8%

  • DOGE

    3.0KRW

    -3.7%

  • ZEC

    40,933.0KRW

    -3.7%

  • DCR

    26,336.0KRW

    -3.6%

  • PAX

    1,182.6KRW

    -0.3%

  • INB

    724.4KRW

    -3.2%

  • QTUM

    2,327.5KRW

    -8.4%

  • TUSD

    1,181.1KRW

    -0.2%

  • ZRX

    309.1KRW

    -5.8%

  • LINK

    485.1KRW

    2.0%

  • OMG

    1,111.9KRW

    -9.1%

  • BTG

    8,887.4KRW

    -5.4%

  • RVN

    30.1KRW

    -4.5%

  • REP

    12,771.2KRW

    -5.1%

  • NANO

    1,024.9KRW

    -6.5%

  • XIN

    281,396.0KRW

    -2.7%

  • XIN

    281,396.0KRW

    -2.7%

  • KMD

    1,090.9KRW

    -9.8%

  • CNX

    2,237.3KRW

    -3.5%

  • DAI

    1,184.9KRW

    -0.1%

  • LSK

    969.3KRW

    4.0%

  • KCS

    1,363.5KRW

    -1.6%

  • BCD

    566.7KRW

    -1.2%

  • BTM

    102.5KRW

    -11.4%

  • BTM

    102.5KRW

    -11.4%

  • DGB

    7.8KRW

    -3.4%

  • ICX

    186.8KRW

    -4.2%

  • THETA

    107.4KRW

    1.6%

  • SC

    2.2KRW

    -5.0%

  • QNT

    7,560.3KRW

    3.8%

  • IOST

    7.4KRW

    -4.0%

  • WAVES

    866.3KRW

    -4.5%

  • HC

    1,833.0KRW

    -10.7%

  • BTS

    29.6KRW

    -5.5%

  • MONA

    1,211.3KRW

    -2.1%

  • XVG

    4.9KRW

    -10.0%

  • MCO

    4,835.4KRW

    -5.5%

  • BCN

    0.4KRW

    -7.7%

  • NEXO

    126.5KRW

    -3.5%

  • MAID

    150.2KRW

    -4.8%

  • AE

    227.1KRW

    -10.3%

  • ZIL

    7.2KRW

    -8.0%

  • ARDR

    61.7KRW

    -3.0%

  • ENJ

    74.3KRW

    -4.0%

  • STEEM

    164.1KRW

    -7.1%

  • AOA

    8.6KRW

    -2.9%

  • ELF

    94.2KRW

    -4.6%

  • SNT

    14.5KRW

    -4.0%

  • GNT

    50.6KRW

    -5.6%

  • NPXS

    0.2KRW

    -3.2%

  • XZC

    5,211.2KRW

    -2.3%

  • ETN

    4.1KRW

    -3.8%

  • STRAT

    373.4KRW

    -0.1%

  • AION

    101.5KRW

    -6.0%

  • WTC

    827.5KRW

    -4.6%

  • ELA

    2,081.1KRW

    -5.2%

  • PAI

    22.6KRW

    -5.9%

  • PAI

    22.6KRW

    -5.9%

  • PPT

    613.4KRW

    -7.6%

  • ODE

    138.2KRW

    0.8%

  • FCT

    3,278.4KRW

    -1.5%

  • LRC

    34.1KRW

    -5.9%

  • ARK

    232.3KRW

    -6.0%

  • WAX

    31.5KRW

    0.7%

  • R

    52.4KRW

    -1.7%

  • RDD

    0.9KRW

    -7.1%

  • LOOM

    24.6KRW

    -5.4%

  • ANT

    765.5KRW

    -7.2%

  • BNT

    368.5KRW

    -3.1%

  • POWR

    52.8KRW

    -4.5%

  • MOAC

    347.9KRW

    -7.7%

  • DENT

    0.2KRW

    -7.4%

  • TTC

    41.8KRW

    -2.8%

  • PIVX

    271.4KRW

    -3.8%

  • POLY

    30.1KRW

    -6.8%

  • EOSC

    11.9KRW

    -3.6%

  • PAY

    81.4KRW

    -5.4%

  • FNB

    13.4KRW

    -7.7%

  • MBL

    2.2KRW

    2.4%

  • CPT

    2.5KRW

    -1.0%

  • BORA

    10.4KRW

    -8.4%

  • AERGO

    65.6KRW

    -5.6%

  • FLETA

    19.8KRW

    7.5%

  • HUM

    12.2KRW

    -3.2%

  • COSM

    8.4KRW

    -1.1%

  • GUSD

    1,168.8KRW

    -0.6%

  • BAAS

    1.2KRW

    25.1%

  • REPO

    46.8KRW

    12.0%

  • UPP

    14.1KRW

    0.9%

  • AID

    4.7KRW

    -3.1%

  • APIS

    0.4KRW

    1.5%

  • LKY

    67.8KRW

    0.3%

  • TEMCO

    0.9KRW

    0.4%

  • ABL

    10.3KRW

    -6.7%

  • DCC

    0.9KRW

    0.3%

  • MEETONE

    1.3KRW

    -9.0%

  • MVL

    0.3KRW

    -2.2%

  • eDEL

    2.4KRW

    -0.7%

  • AKRO

    3.2KRW

    33.2%

  • RBG

    5.4KRW

    -3.4%

  • PXL

    32.1KRW

    2.9%

  • AMON

    2.8KRW

    1.0%

  • CLB

    2.1KRW

    0.4%

  • XRA

    8.1KRW

    -1.7%

  • WET

    4.7KRW

    -3.8%

  • VRA

    0.3KRW

    -5.1%

  • PTON

    0.0KRW

    -22.2%

  • RBTC

    9,439,125.0KRW

    -4.9%

  • KARMA

    0.1KRW

    0.6%

  • WIKEN

    1.9KRW

    -5.8%

  • SEAL

    0.8KRW

    0.3%

  • NEWS

    1.6KRW

    -9.0%

  • HORUS

    0.4KRW

    79.6%

  • PUB

    0.2KRW

    -4.5%

  • NPER

    3.4KRW

    0.3%

  • CCH

    0.1KRW

    -6.7%

  • PUT

    1.9KRW

    -1.1%

  • KNT

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    0.5%

  • IQ

    4.1KRW

    -3.4%

  • BLACK

    18.9KRW

    -3.4%

  • CET

    26.3KRW

    -7.3%

  • RCD

    3.0KRW

    --%

  • MCC

    0.3KRW

    0.3%

  • INC

    0.4KRW

    9.5%

  • BZKY

    0.4KRW

    385.1%

  • CRE

    1.8KRW

    -3.7%

Community

PUBLISHprotocol community update: Part Three

Publish | 06.12| 151

This is the third of a three-part series about what we’ve accomplished since we published version 2.0 of our whitepaper. In Part One, we looked at new PUBLISHsoft clients and PUBLISHalliance initiatives, while in Part Two, we provided details of some of our most noteworthy partnerships and achievements. In Part Three, we look at what we hope to accomplish by the end of 2019, including the development of a mobile wallet, the launch of a revamped token sale, getting listed on a number of crypto exchanges, the launch of a crypto swap market, and the implementation of a dynamic token economy and reward system.

We plan to develop our own mobile wallet.

Primarily, the wallet will enable users to securely store and transfer any PUBLISHprotocol-based dApp token and cryptographically sign off on transactions taking place within the network, thereby providing a seamless integration with the PUBLISHprotocol ecosystem. The app will also provide selective news headlines published by PUBLISHalliance members.

Figure 1. PUBLISHwallet (for illustration purposes only)

We plan to offer a safe token sale mechanism.

We plan to implement an autonomous token sale, also known as a safe token sale mechanism, whereby tokens would be sold and purchased by PUBLISH at algorithmically-determined prices, both prior to and after listing NEWS on crypto exchanges in Q3. Essentially, the mechanism calls for a token issuer (e.g., PUBLISH) to sell and buy tokens at a lower price toward the beginning of the token sale when the token supply is higher and at a higher price toward the end of the sale when the supply is lower, thereby effectively emulating the underlying utility of the token and the laws of supply and demand (see Figure 2 for an interpretation of a safe token sale). The mechanism is considered safe as it provides ceiling and floor prices that serve to disincentivize speculation and “pump-and-dumps.”

Figure 2. Interpretation of safe token sale mechanism (for illustration purposes only)

We plan to list NEWS on several crypto exchanges in the near future.

After a successful refunding campaign and coming off a long “crypto winter,” we are exploring options to list on several crypto exchanges by as early as Q3 of 2019. However, we understand that being listed on exchanges is not the be-all and end-all. We will also need to have in place a solid price defence strategy to limit undesirable price swings resulting from excessive supply and demand. Therefore, token supply will be more restricted earlier on when demand is low and less restricted later on as more publishers and readers join the PUBLISH ecosystem and demand for NEWS increases.

We plan to launch our own swap market.

We have plans to launch a NEWS-based swap market, which will allow news platforms running on PUBLISHprotocol, to swap their tokens with other tokens including NEWS. NEWS will be utilized to enable conversions between any pair of PUBLISHprotocol-based tokens and pay listing and swap fees (see Figure 3).

Figure 3. Mock up of PUBLISH swap market (for illustration purposes only)

We plan to implement a dynamic token economy and reward system.

PUBLISH employs micro- and macroeconomic models to ensure a healthy token economy and ecosystem. At a microeconomic level, NEWS is currently used within PUBLISHprotocol-based news websites (e.g. TokenPost Korea Edition) to reward users for engaging with their platforms. For example, users are rewarded with a fixed number of tokens for activities such as visiting its website, signing up for a new account, verifying their identity, logging in, reading articles, upvoting and downvoting articles, sharing articles, leaving comments, and posting on community forum boards. The result is increased traffic and advertising revenue for the platform on which the system is implemented.

In the future, PUBLISHprotocol-based news websites choosing to adopt NEWS as their underlying token, will be rewarded based on a dynamic token reward system. What this essentially means is that users can be rewarded a different number of tokens from one day to another even if they perform the same type and number of actions. The total amount of tokens distributed can be determined by the number of tokens purchased through income-generating activities.

To further gamify and incentivize users, a consumer ranking system is being developed. Rankings will be assigned to users based on the frequency, duration, and type of actions they perform relative to other users of the platform. A larger multiple will be applied to the token distributions earned by higher-ranking consumers (see Figure 4).

Figure 4. Proposed consumer ranking system and bonus rewards

Additionally, token holders will be incentivized to stake, or lock up, NEWS in order to participate in the ecosystem and earn “interest” on staked tokens. Staking serves to ensure a system in which individuals and businesses are economically incentivized to act in the best interest of the ecosystem at large and contribute to the growth and development of the network.

At a macroeconomic level, an inflation mechanism and deflation mechanism (achieved through a buyback function) will be used to control supply and demand of NEWS. Tokens generated through inflation (currently set to 1/√n%, where n is equal to the number of years from mainnet launch) will be used to compensate NEWS stakeholders, including block producers, as well as to replenish the PUBLISHalliance reward pool (see Figure 5).

Figure 5. Token inflation allocation

Publishers will also be rewarded in NEWS for fact-checking based on our proprietary proof-of-reputation model (see Part One of this series for more information about this initiative). Fact-checking will add intrinsic value to PUBLISHalliance and play an important social role in stemming the flow of unverified news. Once PUBLISHmainnet is launched, block producers (also known as “Super Publishers”) will earn block rewards in the form of NEWS tokens created by token inflation.

PUBLISHprotocol Channels


PUBLISHprotocol community update: Part Three was originally published in PUBLISHprotocol on Medium, where people are continuing the conversation by highlighting and responding to this story.

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