What is BBS, how does it work and how can I participate?

BBS have posted a bunch of interesting articles, explaining the project. Below you will find some main points to get you started as well as links to more information. The TLDR:

What is BBS?

- BBS is short for Bulletin Board Systems, a public network of interconnected message boards.

- BBS is comparable to Web 2.0 projects such as Facebook or Reddit - but think decentralised Web 3.0: "a public online service, meaning that it utilizes a distributed architecture, distributed revenue model, and distributed infrastructure, built on a public blockchain with no central authority".

- BBS rewards content creators and BBS owners with BBS tokens for their contribution to the success of a particular board (page).

- Every post published on a BBS is stored as an NFT that users can purchase and own.

- Post NFTs earn a share of the ad revenue generated from the post’s banner space.

"BBS Network finally provides an ecosystem that allows the users themselves to share in the platform’s revenue."

Source and more info: 

What problems does BBS solve?

- BBS rewards stakeholders for their contributions to the community.

- BBS is censorship resistant.

- BBS is much harder to manipulate.

Source and more info:

Who are BBS' backers and partners?

Check the "Investors" section on the website, you will find e.g.:
- DAO Maker
- Digital Currency Group
- Bancor
- Polychain Capital
- Tectona Digital Assets
- Binance Labs
- NfX

Source and more info:

Is BBS a DAO?

Yes. "The BBS DAO is the governing body of the BBS network. The DAO is controlled by all and any BBS token stakers, they can vote on governance proposals".

Source and more info:

How can I particpate?

Go to the BBS website and register: 

If you want to start your own BBS page, click on the "+" icon at the top right.

Or visit your favourite BBS pages such as WLPOND, engage by liking and commenting on posts or create your own post. 

Need help getting started? Check out our BBS guide for a quick start with posting, purchasing and earning.

>> Back to BBS Guide channel menu >>