JBOX is a cryptocurrency of a decentralized video transmission platform that uses blockchain technology, where registered JBOX members earn money watching videos and uploading videos to the network.
We are in a world where the only constant is the certainty of change. In JBOXCOIN.ORG have created a platform to earn money while you entertain. The concept behind the platform is different from YouTube, they pay for uploading and watching new videos. JBOX researches and uses the best blockchain technologies, bringing a new decentralized sustainable video into a transmission cryptocurrency system.
The public offer (ICO)
The JBOX coins will sell 100 million JBOX tokens during the Initial Coin Offer (ICO) while 30 million token dollars destined for the company will be used for marketing, promotions, pay rewards after the ICO secures liquidity. In addition, a reserve of another 70 million tokens will be allocated to make your currency interchangeable after the ICO and you can also sign with different international artists, sports organizations and film industry to be the first set of people who upload their contents during the launch of the Jbox platform.
As an innovation, it introduces 2 new concepts: PROOF of WATCH (POWatch) and PROOF OF UPLOAD (POUpload) in 3 phases
La applicaión JBOX se desarrollará primero antes del decodificador de videos. Cuando se lanze la aplicación JBOX, comenzará la extracción de la moneda. En este punto uno, la prueba de visionado y prueba de carga se distribuirán de la siguiente manera:
PROOF of WATCH (POWatch): 10,000 JCENT make 1 Jbox, 20 Seconds of video make 1 Jcent during this time, we expect JCENT price to have increase more than $ 50.
PROOF OF UPLOAD (POUpload): 10,000 JCENT make 1 Jbox, 1 display is1 Jcent. If the total community of video creators has been able to extract 10,000,000 JBOX the difficulty will increase.
PROOF of WATCH (POWatch): 1,000,000 JCENT make 1 Jbox, if they have been able to mine 50million token the difficulty will increase in the third stage.
PROOF OF UPLOAD (POUpload): In this stage 1,000,000 Jcent make 1Jbox once the video community creator mine 50 million Tokens the difficulty will increase.
PROOF of WATCH (POWatch): 10,000,000 JCENT make 1Jbox for this period of time subscribers of the JBOX community will mine 90 million JCENT.
PROOF OF UPLOAD (POUpload): 10,000,000 Jcent makes 1 Jbox once the community has created 90 million Jboxcoin.
In summary, JBOX has new and innovative concepts about streaming and users, the possible competition of YouTube, all under the structure and security of the block chain.
More information in: https://www.jboxcoin.org/
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