JBOXCOIN: A Rewarding Blockchain Video Streaming App
JBOXCOIN is a decentralized blockchain video streaming app designed to reward content providers and viewers with its native token, "JBOXCOIN." The app utilizes a unique dual mining algorithm called POU (Proof of Upload) and POV (Proof of View) to incentivize users.
With POU, content creators are rewarded with JBOXCOIN for every minable content they upload to the platform. Regardless of the video's length, the native tokens are dropped into the creator's wallet every twenty seconds. This feature is similar to YouTube's reward system, where content providers earn based on organic views. However, on JBOXCOIN, every view counts forJBX, which is deposited into the user's native JBX wallet. These tokens are also tradeable on all listed exchanges on the JBOXCOIN website.
POV, or Proof of View, rewards users for watching content on the platform. For every 20 seconds spent watching a video, users are eligible to mine JBOXCOIN. The longer the time spent on a video, the more tokens can be earned. This exciting feature ensures that everyone is a winner on the JBOXCOIN platform.
In addition to mining, JBOXCOIN offers other features such as J-Purse, which allows users to donate their mined coins to other users on the platform. This feature can be used for charitable donations, expressing fan appreciation, or other purposes. Users can also engage with content by commenting, liking, reacting, following, and tagging videos and other users on the platform.
Although currently limited to JBOXCOIN, the app plans to introduce a feature that allows users to trade their mined tokens into other popular cryptocurrencies like Bitcoin, Ethereum, and USDT, or even convert them into real-time cash in their local currency. JBOXCOIN aims to enhance everyday life by providing a rewarding and entertaining streaming experience.
