ContentBox price is $0.00020221
The current price of ContentBox (BOX) is $ 0.00020221. It has decreased in the last 24 hours by -0.82%, and it has a market cap of $ 0.2M which puts it at #3514 in global cryptocurrency rankings.
ContentBox is a platform that aims to empower the digital content industry via Blockchain. Its major goal is to provide a unified payout system, a shared content pool, and a shared user pool. BOX tokens serve as a settlement token, and the project seeks to remove intermediaries so that creators, consumers, and advertisers can interact more effectively.
The components of ContentBox include BOX Payout, BOX Passport, and BOX Unpack. BOX Payout is a fast and secure blockchain dealing with real-time payouts per content use. BOX Passport serves as a universal blockchain ID for global digital content apps across platforms, and BOX Unpack is a turn-key solution to allow small and medium-sized partners to launch content platforms easily.
ContentBox (BOX) was developed by Castbox.FM - a global multi-channel audio platform. The team behind Castbox comprises people passionate about blockchain technology and podcasts.
ContentBox uses blockchain technology to give all parties involved in digital content, such as podcasters, advertisers, and listeners, a shared ecosystem. Its primary part is the BOX token, which is used to support transactions within the ecosystem.
For listeners, BOX tokens can be earned by participating in certain activities such as creating content or engaging with advertisements. Podcasters can earn BOX tokens for creating popular content that leads to increased engagement and listenership. Advertisers, in turn, can benefit from a more streamlined, effective way to reach their target audience within the ContentBox ecosystem.
ContentBox sets itself apart with its focus on providing a unified content ecosystem. By leveraging blockchain technology, ContentBox aims to solve common issues in the digital content industry, such as content monetization, content copyright, and a lack of fair unified payouts.
ContentBox has established a listener-driven economy, where all parties, such as advertisers, creators, and listeners, have the power to directly interact with the platform to earn BOX tokens that can be used within and outside ContentBox's ecosystem.
As a token built on Ethereum's blockchain, ContentBox (BOX) benefits from the security mechanisms of one of the largest blockchains. Ethereum uses a proof-of-work consensus mechanism, which makes it computationally difficult to perform attacks on the network. As Ethereum transitions to a more energy-efficient proof-of-stake model, the BOX token will further benefit from improved scalability and security.
The circulating supply of BOX tokens stands at 928.5M out of a total supply of 3.0B. The measures to release the tokens are predefined in the smart contract of ContentBox.
BOX tokens can be purchased on several cryptocurrency exchanges. In fact, YoBit are some of the major platforms that list ContentBox (BOX). To buy BOX tokens, users typically need to first purchase a major cryptocurrency like Bitcoin or Ethereum and then exchange those for BOX.
Just like other cryptocurrencies, a digital wallet should be used to store BOX tokens. Make sure to use reputable wallets that support Ethereum-based tokens, as BOX is an ERC20 token. Remember to always keep your private keys private and secure.
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