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Token price

  • BTC

    13,792,262.6KRW

    -5.0%

  • ETH

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    -6.9%

  • XRP

    494.2KRW

    -10.7%

  • BCH

    502,839.8KRW

    -12.9%

  • LTC

    136,742.2KRW

    -12.8%

  • EOS

    7,362.3KRW

    -13.0%

  • BNB

    38,339.4KRW

    -11.3%

  • BSV

    236,518.2KRW

    -15.4%

  • USDT

    1,141.5KRW

    -0.8%

  • ADA

    105.6KRW

    -8.2%

  • TRX

    40.4KRW

    -10.2%

  • XLM

    128.6KRW

    -12.7%

  • XMR

    107,134.7KRW

    -10.9%

  • DASH

    190,093.0KRW

    -7.5%

  • NEO

    20,325.5KRW

    -11.2%

  • ETC

    9,429.1KRW

    -13.1%

  • XEM

    105.8KRW

    -6.1%

  • ONT

    1,779.1KRW

    -12.0%

  • ZEC

    120,132.2KRW

    -2.8%

  • XTZ

    1,175.4KRW

    -4.2%

  • MKR

    768,993.7KRW

    -11.9%

  • BTG

    32,098.5KRW

    -13.4%

  • QTUM

    5,434.1KRW

    -16.7%

  • VET

    9.1KRW

    -12.4%

  • DOGE

    3.6KRW

    -4.7%

  • BAT

    333.2KRW

    -9.8%

  • OMG

    2,954.2KRW

    -5.2%

  • USDC

    1,157.9KRW

    0.1%

  • DCR

    37,274.0KRW

    -4.8%

  • LSK

    2,275.1KRW

    -4.3%

  • BCD

    1,399.4KRW

    -10.7%

  • RVN

    65.6KRW

    -8.0%

  • TUSD

    1,154.7KRW

    -0.2%

  • HC

    5,462.1KRW

    -14.9%

  • NPXS

    1.0KRW

    -8.5%

  • WAVES

    2,332.2KRW

    -12.3%

  • REP

    20,785.5KRW

    1.5%

  • HT

    4,374.3KRW

    0.2%

  • ZRX

    354.1KRW

    -8.8%

  • BCN

    1.1KRW

    -2.6%

  • AOA

    31.6KRW

    -3.4%

  • NANO

    1,545.8KRW

    -7.2%

  • BTS

    74.9KRW

    -12.4%

  • BTM

    191.9KRW

    -14.9%

  • BTM

    191.9KRW

    -14.9%

  • MONA

    2,893.1KRW

    -10.7%

  • DGB

    14.8KRW

    -11.7%

  • ZIL

    20.4KRW

    -13.6%

  • ICX

    373.7KRW

    -9.9%

  • IOST

    14.2KRW

    -15.9%

  • LINK

    485.1KRW

    2.0%

  • DENT

    2.3KRW

    -13.3%

  • PAX

    1,157.0KRW

    0.0%

  • KCS

    1,772.7KRW

    -5.4%

  • SC

    3.7KRW

    -5.5%

  • AE

    576.6KRW

    -10.8%

  • KMD

    1,329.8KRW

    -11.8%

  • XVG

    9.6KRW

    -11.7%

  • INB

    418.4KRW

    -6.3%

  • XIN

    320,129.5KRW

    -6.4%

  • XIN

    320,129.5KRW

    -6.4%

  • STEEM

    433.1KRW

    -12.9%

  • ARDR

    127.0KRW

    -12.3%

  • THETA

    133.1KRW

    -13.4%

  • SNT

    33.0KRW

    -12.5%

  • ELF

    226.3KRW

    -14.9%

  • MCO

    6,917.0KRW

    -12.7%

  • ENJ

    141.0KRW

    -9.4%

  • MAID

    240.4KRW

    -3.5%

  • XZC

    13,205.5KRW

    -6.8%

  • DAI

    1,162.1KRW

    0.5%

  • GNT

    104.8KRW

    -11.1%

  • STRAT

    1,006.4KRW

    -11.9%

  • WAX

    94.7KRW

    -14.8%

  • ELA

    4,943.1KRW

    -9.3%

  • PAI

    53.2KRW

    -14.1%

  • PAI

    53.2KRW

    -14.1%

  • ODE

    322.2KRW

    -8.8%

  • CNX

    1,303.8KRW

    -10.1%

  • NEXO

    127.8KRW

    -11.9%

  • RDD

    2.5KRW

    -11.4%

  • WTC

    1,706.1KRW

    -10.1%

  • QNT

    7,169.7KRW

    -21.1%

  • LRC

    66.3KRW

    -10.8%

  • ARK

    520.3KRW

    -10.1%

  • LOOM

    74.0KRW

    -10.7%

  • FCT

    6,000.6KRW

    -11.0%

  • R

    119.1KRW

    -4.2%

  • REPO

    516.0KRW

    -5.4%

  • BNT

    879.7KRW

    -8.5%

  • ETN

    5.3KRW

    -13.4%

  • POWR

    121.4KRW

    -10.5%

  • AION

    153.5KRW

    -7.7%

  • PPT

    892.1KRW

    -12.3%

  • PIVX

    734.9KRW

    -10.5%

  • MOAC

    659.9KRW

    -5.8%

  • POLY

    95.8KRW

    -9.5%

  • PAY

    245.8KRW

    -10.2%

  • COSM

    40.4KRW

    -8.3%

  • TTC

    121.7KRW

    0.1%

  • CPT

    8.3KRW

    -11.6%

  • GUSD

    1,147.1KRW

    -0.6%

  • ANT

    635.6KRW

    3.2%

  • LKY

    374.0KRW

    --%

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    0.5KRW

    -6.1%

  • AERGO

    160.6KRW

    -16.7%

  • TEMCO

    5.0KRW

    19.6%

  • APIS

    2.0KRW

    0.6%

  • MVL

    0.9KRW

    -6.7%

  • ABL

    27.0KRW

    -12.9%

  • PTON

    0.8KRW

    27.6%

  • BAAS

    1.2KRW

    -13.6%

  • VRA

    1.1KRW

    7.6%

  • AID

    19.4KRW

    -4.1%

  • DCC

    0.8KRW

    --%

  • eDEL

    2.4KRW

    -0.7%

  • PUB

    1.5KRW

    -12.8%

  • WET

    14.4KRW

    -37.3%

  • HORUS

    2.5KRW

    -26.9%

  • SEAL

    2.2KRW

    31.9%

  • XRA

    9.9KRW

    -8.7%

  • KARMA

    0.2KRW

    -19.4%

  • PUT

    12.1KRW

    -6.4%

  • KNT

    0.4KRW

    62.2%

  • NPER

    3.4KRW

    --%

  • IQ

    27.7KRW

    -14.5%

  • RBTC

    13,702,270.9KRW

    -5.5%

  • BLACK

    2.2KRW

    -38.0%

  • CET

    25.5KRW

    -10.6%

  • MEETONE

    3.9KRW

    -17.9%

  • RCD

    3.0KRW

    --%

  • MCC

    12.2KRW

    -11.5%

  • INC

    37.8KRW

    -18.3%

  • FNB

    214.5KRW

    -9.2%

  • BZKY

    0.4KRW

    -5.9%

  • BORA

    59.4KRW

    -12.2%

  • CRE

    4.0KRW

    -8.6%

Community

PUBLISHprotocol community update: Part Three

Publish | 06.12| 18

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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