The core of FACTS is to build a set of "fact content incentive mechanism" based on blockchain technology, namely Proof of   Facts (PoF), and thus form a true and trustworthy content library based on the Facts Graph.
Based on the role of an incentive mechanism to ensure high-quality output of real content, we will solve the problems of flooding false content on the Internet, insufficient creative motivation, and inefficient communication efficiency.

Project Introduction

FACTS evaluates content through the "FACTS Index" evaluation model, providing a strong credibility reference for content jury and users, while storing trusted content in a Facts Pool, and automatically constructing a Facts Graph by the NLP engine.

FACTS encourages users who contribute to the authenticity of content to give corresponding BKC (Blockchain Knowledge Coin) rewards. At the same time, users who hold BKC will participate in deeper content construction and receive more rewards. At the same time, FACTS has more diversified commercial systems for users to consume BKC to gain other benefits.

Project Highlights

This project will develop a set of content public chains based on existing blockchain mature public chains and distributed file storage projects. The entire project will be divided into levels such as base chain layer, transaction layer, content management layer, protocol layer, and application layer, and the requirements of the system's infrastructure, content management, and content application are clarified at each level at each level.

At the infrastructure level, a core operation such as currency transactions, content storage and packaging of blockchain will be established.

At the content management level, we will rely on artificial intelligence algorithms to establish FACTS Graph and FACTS Index, and use Proof of FACTS (PoF) to establish high-quality content-driven logic.

At the content application level, various business systems and content ecological applications will be realized to ensure the circulation of content throughout the entire ecosystem.

Application Scenarios

Social Media Platform

Using FACTS' content incentive and token allocation mechanism, the platform can build a social media platform similar to text content, and even further build social networks like Twitter and Facebook. At the same time, FACTS' content pool can be used to provide more real and effective content basis for social media platforms, and these contents will also provide more real and high-quality content accumulation for FACTS' content pool.

Blog, encyclopedia, forum content platform

Blogs, encyclopedias, and forums still occupy a large share of network traffic, especially blogs and encyclopedia content platforms, which are the main ways for ordinary users to publish serious text content. For many years, these content platforms can only rely on advertising revenue to maintain, and a large number of users cannot obtain profits from these platforms. They introduce them to such platforms through the FACTS content incentive and token allocation mechanism, bringing more benefits to users who publish content and platform builders, and using FACTS' content pool to provide more real and effective content basis for the platform's content. These contents will also provide more real and high-quality content accumulation for the FACTS content pool. The FACTS Foundation will carry out in-depth strategic cooperation with the world's largest Chinese encyclopedia website Interactive Encyclopedia, and quickly build the world's largest fact map network based on the solid foundation of the interactive encyclopedia 12 million Wisdom Wanderers and 17 million Chinese entries.

Q&A Content Platform

Monetization of content in Q&A communities like Quora and Zhihu has always been a problem. Through the evaluation and token allocation mechanism of FACTS, excellent respondents can get reasonable returns. Compared with direct payment, incentives based on content evaluation can achieve higher conversion rates and higher participation. Using FACTS' content pool to provide more real and effective content basis for the platform's content, these contents will also provide more real and high-quality content accumulation for FACTS content pool.

News and Information Platform
Traditional portal websites have always used advertising as their main source of income, and the website's editorial agency also lacks appropriate incentives. Traditional portal websites can not only provide incentive channels for editorial and editorial institutions through the introduction of the content incentive mechanism of the FACTS platform and increase revenue for website owners, but also establish a community platform or issue a community platform smart contract token. Smart contract tokens can fairly distribute the benefits from content incentives and reward mechanisms to every link of the editorial and editorial agency through smart contracts. Using FACTS' content pool to provide more real and effective content basis for the platform's content, these contents will also provide more real and high-quality content accumulation for FACTS content pool.

Content aggregation platform

The platform can use the FACTS citation function to provide content aggregation functions similar to Toutiao, etc. The platform can use automated programs to select appropriate content and push it to readers. Through the reprint function, both the author and the repost can receive evaluation and reward returns. Using FACTS' content pool to provide more real and effective content basis for the platform's content, these contents will also provide more real and high-quality content accumulation for FACTS content pool.

Industry professional information retrieval and reference service

The writing of papers and patents requires a large amount of reference materials and citations. Since a large amount of real content in the content pool of FACTS is a structured fact map of mesh interconnection, the corresponding content can be quickly retrieved. Using FACTS' content pool to provide more real and effective content basis for the platform's content, these contents will also provide more real and high-quality content accumulation for FACTS content pool.

Basic content provider services for the AI ​​industry

In an era of rapid development of artificial intelligence, a large number of structured facts are needed for AI to analyze and interpret to generate more value. Content in FACTS content pool (FACTS Pool) and FACTS Graph will be important content providers for AI. A large amount of content can be output with structured data, and more valuable content can be combined with AI technology to form to supplement it into FACTS.