Earlier this week, ministers from the world's top economies, the G7, called for greater speed as financial watchdogs introduce comprehensive crypto regulation. This comes shortly after Terra's demise saw several crypto users suffer considerable losses in the space of a week. G7 Contacts FSB to Hurry Things Up The stablecoin failed to maintain its dollar peg and crashed as low as $0.07, with sister token LUNA not far behind. This created a ripple effect as general market anxiety destabilized even…
Social media remains integral to modern existence. From communication, entertainment, and completion of commercial transactions, it permeates every facet of our lives. It has brought us many conveniences that one daren’t fathom living without them. That said, there is a problematic aspect to them that leaves their users frustrated.
Expanding needs mean that one has to use multiple applications to satisfy them. Managing all these apps frequently proves a challenge. Consequently, one may err in their use rendering their communication insecure. There is a need for one platform that amalgamates all these tools in one place. Carbon is that platform. This article will delve into Carbon and the features that make it right for the convenience users seek.
Carbon – A Platform Rich With Experiences
Carbon is a social crypto hub hosting a variety of encrypted and decentralized communication tools. It seeks to assemble popular crypto user requirements in one place. Its users connect to MetaMask and have options of either centralized or decentralized data storage. All data on the hub is encrypted hence secure.
Inside Carbon Social Crypto Hub
The following are Carbon’s salient features:
A Platform For Engagement
Akin to Twitter, Carbon’s Social Feed is a platform for engaging family and friends. It also allows one to follow others and stay current with the happenings around them. Stand out features include:
- The user can opt to store their posts on the blockchain or keep them centralized.
- There’s full encryption of all posts created
- One may choose to share their posts publicly or limit access to friends only.
- There’s an upvote-downvote system enabling the sorting of posts by their popularity.
- One can promote their post(s) to get maximum reach.
More Than a Friends’ List
Carbon Contacts is more than a list of friends and associates one uses for their interactions. Here, the inclusion of friends’ wallet addresses, enabling P2P transfers of CRBN or any other ERC20 token.
The contacts platform enables you to:
- Search for and connect with friends via their usernames and friend requests
- Vet inbound friend requests
- Follow friends’ feed.
- Instantly message a friend.
- Participate in a group chat
Many are alive to the dreadful reality of losing their passwords and private keys to unauthorized players. Carbon’s password vault simplifies the protection of confidential information.
It is a tool allowing the end to end encryption of passwords and keys. Further, it ensures easy access when the need arises.
The vault provides crypto-like security. In addition to a 4 digit PIN, it has MetaMask login and signing security.
Messaging on The Go
Instant messaging provides many convenient and affordable means of communication. It is for this reason that Carbon has developed its IM platform, the Carbon Messenger.
Think of Carbon Messenger as an upgrade of your Telegram IM. Salient features include:
- Group chat functionality allowing team collaborations
- Choice of centralized storage of communication that is faster and free to use
- Options of blockchain storage that attracts gas
- Only the target recipients can decrypt the messages easing the fear of unintended access.
Secured Writing Tabs
The notepad and text data storage tool mirrors the password vault. The only difference is that it stores data in text form.
Here you get an encrypted and safe space to type, paste, and store text data. Again you have the option of centralized or decentralized storage, with the latter attracting gas. Besides securing information, it enables easy access and prevents data loss, such as computer damage or corruption.
Go-to Scheduling Tool
The Carbon Events Calendar is your go-to scheduling tool. Here you get to create your events similar to their social posts. After that, your contacts can use the Carbon App to include them in their calendars.
Using this function, teams can collaborate easily. Members can follow upcoming events announcements. Also, creating an event doesn’t require proof.
NFT Gallery and Leaderboards
Incorporating gamification in the Carbon App allows followers to see their NFTs in their gallery unless kept private. This way, one can display their collections and achievements.
Additionally, Carbon is preparing a leaderboard system to rank users. The ranking will consider usage, the number of followers, most upvotes received, and total donations.
The ranking will help identify influencers and get exposure to one’s profile. The leaderboards are optional.
Using this tool, one may donate CRBN tokens. The tokens collect in a rewards pool from where they are distributed to CRBN holders.
The users may also donate ETH. They receive a special NFT for their donation. Additionally, they could appear in leaderboards for total contributions.
The donor gains attention and potentially followers, exposure, and influence. The same applies to crypto project teams donating.
Crypto Team Tools
Teams can create a Carbon account. This team account unlocks unique and powerful features. For instance, they can promote targeted posts, followed by other projects and users. It costs CBRN or ETH to promote an event. ETH used in the promotion will buy CRBN tokens and expand the reward pool.
Teams can also create airdrops by picking the recipients from their following and the amount of CRBN they hold. Carbon conducts the airdrops for which the teams pay in ETH. After deducting the airdrop gas fees, the remainder buys CRBN for the rewards pool.
Carbon’s Rewards Program
Carbon incentivizes holders of CRBN and users of its platform. It will use 6,000,000 CRBN tokens (12% of the total supply) to that end.
The top 300 users will receive a portion of these tokens in monthly airdrops following this schedule:
- December 2020- 1,500,000 CRBN
- January 2021- 1,000,000 CRBN
- February 2021- 750,000 CRBN
- March 2021 to December 2021- 300,000 CRBN per month
- After December 2021, revenue will fund the reward pool.
Promotional posts, donations, and airdrops will raise revenue. Rewards and revenue will be in CRBN tokens only.
Carbon Social Crypto Hub uses a points-based calculation to determine a top 300 user—the formula factors in individual holdings, app usage, and other achievements to rank users. Users may access the rankings through one of the leaderboards or Carbon’s website. The platform will release the reward tiers before launch.
Distributing The Carbon Token
Carbon will issue 50,000,000 CRBN coins. Distributing these will be as follows:
- 25,000,000 – token sale
- 9,000,000 – expenses
- 6,000,000 – rewards pool
- 5,000,000 – Uniswap liquidity
- 3,000,000 – ESOS airdrop
- 2,000,000 – Team
Final Thoughts – Carbon Social Crypto Hub
Let’s face it; we all crave convenience. Ironically, as much as social media has eased life, their use has brought about an inconvenience. Today one requires more than one application or platform to interact with others. The result is strained management of one’s engagement with their peers and a compromising of their communications.
Carbon, a social crypto hub collating the most popular social media uses and cryptocurrency, is the solution to this challenge. It promises users rich everyday experiences while rewarding their loyalty.
Disclosure: This is a sponsored post. Readers are encouraged to conduct further research before taking any action. Furthermore, Crypto Adventure does not endorse any crypto projects cryptocurrencies listed, mentioned, or linked to on our site. Trading cryptocurrencies is a highly risky activity that can lead to major losses. You should consult your financial advisor before making any decision. Learn More