BBS Purchasing for Publishers & Owners - Updated for the recent changes!
Post Publishers
Every post created on the BBS Network is given a banner space. Advertisers, and the engagement mining program, can bid to lease the banner space on specific boards throughout the BBS Network.
Post publishers receive 50% of the ad revenue generated by posts, paid into their cashable CC balance. Publishers also receive bonus rewards from posts in the form of thumbs-up bonuses and referral bonuses.
Post Owners
Every published post across the BBS Network is stored as an NFT, and can be purchased by any community member with the CC (Community Currency). New posts are available at the default initial price (currently $0.30), while anyone can purchase any post by paying the last price + 30%. Post owners gain 33% of the profit from new purchases along with their original purchase amount, while the remaining 66% is burnt.
While a post is owned, 50% of the ad revenue generated from the post’s banner will be paid into the owner’s cashable CC balance.
How is the money distributed when a purchase is made?
1st purchase - The initial purchase amount is burned
2nd purchase & beyond - The previous purchase amount is returned to the previous post owner, and the rest (the additional 30% above last purchase price) is distributed as follows:
- 33% to previous post owner (in addition to their purchase price refund)
- 66% of the purchase profit is burned for market stability
