CNNS CNNS

Rank #3544

$ 0.00009395 -0.90%

CNNS Price (CNNS)

Asset Inactive! Last price update was recorded on Apr 12, 2024

CNNS to USD Price Chart

What is the current price of CNNS?

As of the latest update, the price of CNNS is $ 0.00009395. It has decreased by -0.90% over the last 24 hours. Remember, the cryptocurrency market is very volatile and prices can change rapidly.

What is CNNS?

Content Neutrality Network (CNN) is an innovative blockchain-based content ecosystem. It aims to address various challenges in the traditional content industry by leveraging blockchain features like consensus mechanisms and smart contracts. The goal is to usher in an era of open, efficient, and trustworthy content distribution and consumption.

Who created CNNS?

The CNNS platform was created by a team of professionals rooted in various technology sectors. The team is composed of top talents coming from well-known companies such as Snapchat, Tencent, Alibaba, Baidu, and Goldman Sachs. Additionally, the CNN Advisory board includes notable personalities like Prof. Jianqing Fan, investors like Yahui Zhou and Kevin Wen, as well as blockchain experts including Mickey Tian.

How does CNNS work?

CNNS works by incorporating blockchain technology to enhance content distribution and monetization. It employs several key mechanisms:

The Content Circulation Mechanism (CCM), which utilizes blockchain’s immutability to ensure content integrity.
Contribution Based Revenue Share (CBRS), which leverages an algorithm known as ZhangRank—a concept by Professor Shoucheng Zhang—to fairly distribute revenue among content creators.
A decentralized user acquisition and incentive plan that encourages user engagement and network growth.

What makes CNNS unique?

What sets CNNS apart from conventional content networks is its blockchain-based approach to content circulation and monetization. By implementing mechanisms like CCM and CBRS, CNNS proposes a system where creators can earn a fair share of revenue, and content authenticity is preserved. Through strategic partnerships, like the one with NewsDog—an influential news app in India—CNNS is positioning itself to impact both local and global content markets significantly.

What is the Content Circulation Mechanism (CCM)?

CCM is a system devised by CNNS to allow for the seamless distribution of content within its ecosystem. It assures the authenticity and traceability of content by taking advantage of the tamper-proof nature of blockchain, meaning once content is uploaded, its originality is preserved and transparent throughout the network.

What is the Contribution Based Revenue Share (CBRS) used by CNNS?

CBRS is a mechanism by CNNS that ensures content creators are compensated based on their contributions to the network. It calculates revenue distribution through ZhangRank, which is designed to attribute value to content fairly and transparently, taking into account the community's engagement with a particular piece of content.

How has CNNS built its partnerships?

CNNS has established strategic partnerships to expand its footprint in the content arena. A notable partnership is with NewsDog, India’s top news app, which exemplifies CNNS's commitment to growing its ecosystem by collaborating with established content platforms, enhancing the reach and impact of both parties.

How much CNNS is in circulation?

The information about the circulating supply of CNNS is not provided in the current context. However, such statistics are critical in understanding the scarcity and potential value of a cryptocurrency. The circulating supply is usually public information and can influence the market capitalization and price of a digital asset.

What is CNNS’s market cap and rank?

As of the latest data, CNNS has a market capitalization of $ 0.2M, ranking it at #3545 in the cryptocurrency market. Market cap is an essential indicator of a cryptocurrency's overall market value and is calculated by multiplying the current market price of a coin by its circulating supply.

How is CNNS secured?

While the security measures specific to CNNS are not detailed here, blockchain platforms commonly employ cryptography and decentralized ledger technology to secure transactions and data. Smart contracts, which are self-executing contracts with the terms directly written into code, further enhance the blockchain's security and trustworthiness.

What technology supports CNNS?

The CNNS platform is built on blockchain technology which includes advanced features like smart contracts and a consensus mechanism. These technologies form the backbone of CNNS, ensuring a secure, transparent, and efficient system for content distribution and rights management.

Where can you buy CNNS?

CNNS can be purchased on various cryptocurrency exchanges. The exact list of Huobi.pro, Huobi, Bkex can provide current opportunities to acquire CNNS tokens. Always ensure to use reputable platforms and conduct thorough research before engaging in any transactions.

How can you keep your CNNS safe?

To keep your CNNS tokens safe, it's crucial to use secure storage solutions such as hardware wallets or trusted software wallets. Always practice good security hygiene by keeping your private keys confidential, enabling two-factor authentication, and being cautious of phishing attempts. Remember, the safety of your assets is largely in your control.

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