
BBS.Market is a blockchain based bulletin board system (BBS) market platform.
It provides an innovation solution to help users to build their own BBS community which is surrounded by a specific theme. The system is automated to reward parties who may participate in revenue sharing include:
Extracted from BBS V3.00
BBS Owners (aka Board owners)
BBS owners are those who created the boards (similar to creating and managing a new subreddit or a facebook group).
Boards generate revenue from advertising in BBS tokens, either from external advertisers or from the BBS Network Engagement Mining program.
Engagement Mining is the process in which 50% of the BBS token supply is distributed to the different boards in the form of ad revenue.
For example: If a BBS has 10% of the total impressions of the entire BBS network, they will receive 10% of the total daily distribution of BBS token.
When BBS Tokens are deposited in a specific board:
- 10% of the deposited BBS goes directly to the BBS operator and the BBS DAO.
- 20% of the deposited BBS goes directly to the BBS owner wallet.
Community currency (CC)
Game BBS has our own Community Currency, or CC. 1 PLYGAME is pegged to 1 USD and acts as an internal currency for the BBS. The PLYGAME is given as bonuses to engaging members. The role of the CC is to allow members to purchase (speculate) on posts that generate ad revenues.
Post Publishers
Each post has a banner. Advertisers, as well as the engagement mining bot - can bid to purchase ad spaces in the BBS.
Post publishers receive 50% of the revenue in the CC, and their cash-out balance is increased by 10% of that amount (Only initially. This number will be gradually increasing as we monitor the new economics)
Post Owners
Every published post across the BBS Network is actually an NFT, and can be purchased by any community member with the CC. 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 receive 50% of the revenue in the CC, and their cash-out balance is increased by 10% of that amount (Only initially)
CC Bonuses Rewards
CC Bonuses are given daily to the BBS members to allow them to participate in the economy without needing to deposit funds. Anyone can join a board, receive community currency bonuses and use it to purchase revenue generating posts. It’s important to note that CC’s are not withdrawable beyond the current cash-out limit.
Join Bonus: 2 CC is awarded for joining a BBS
Visiting Bonus: 0.5 CC is awarded the first time a user visits a BBS each day
Purchasing Bonus: 1 CC is awarded for the first post a user purchases each day
Bring a friend bonus: 1 CC is awarded for every member that joins after visiting the referrer profile page or post.
What is Whitelisting & Cash Out Process?
When a BBS Game member accumulates a cash out amount until USD22 worth of PLYGAME , the pre-qualified BBS member can request to be whitelisted and exchange their community tokens for USD equivalent worth of BBS tokens. Note that, BBS Game Admin and moderators will assess and check if the members follow the listed rules and if there is any violation against the rules e.g. Posts of Offensive/Porn/Scammy Articles before approving the request.
When it is approved, the cash out request will enter into a queue where BBS community members will need to wait a while before they can receive the relevant BBS tokens into their BBS wallet.
Note that
👉 the whitelisting process might take some time if the queue is long.
👉 the cashout process might take some time and it depends on when BBS DAO releases the BBS to GAME BBS.
👉BBS tokens are not yet listed in the open crypto market. It is expected to be quite soon as the application submitted to the BBS DAO was on 27 Dec 21.
When BBS token is listed in the open market or via De-centralised exchange, you can go the approved exchange to swap your BBS tokens to other tokens such as USDC or USDT.
Why It Is Important For Us To Work As A Team?
My good news to you all here is that we are so early for this Binance Backed project This is like pre-IDO phrase. The more BBS tokens you accumulate, the more upside of profit gains when BBS tokens are listed in the public market.
This is also the best time to stay pro-active by logging in daily to BBS Game webpage so as to earn free daily CTs. Do also attempt to make quality posts under specific channels so that they can be resold at a profit set by the system. By doing so, your quality posts can be easily spotted by other members.
Remember, we will be the BBS pioneers. And BBS is poised to be a competitor to Reddit, Twitter, Facebook, Istagram. New era in social media has arrived and the game is just getting started in 2022.
Good luck and Enjoy BBSing.
Game BBS Admin
BBS Game - https://bbs.market/plygame/posts
Jan 14, 2022.