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BOBO Chain is a token issued by BOBO, referred to as BOB. It is a decentralized blockchain digital asset based on Ethereum. The total amount issued is 1 billion. BOBO is a comprehensive self-media platform based on blockchain video, live broadcast, information, and business. It strives to build the largest video social and video content community, and is committed to maximizing the value of content, providing users with a decentralized video business ecological platform .
Application of BOB:
1. Content production, content interaction (comments, rewards) and content sharing and dissemination on the BOBO platform through dynamic algorithms will generate BOB incentives;
2. Through BOB Make payment BOBO strategic blockchain + video new retail;
3. Use BOB to distribute video advertisements in the central area.
BOBO is a comprehensive self-media based on blockchain-based videos, live broadcasts, information, and market trends. It strives to build the world's largest video social and video content community, and is committed to maximizing the value of content and providing users with decentralized video social ecology.
BOBO focuses on the value of content. Through dynamic algorithms, the production of content on the platform, the interaction of content (comments, rewards) and the sharing and dissemination of content will all generate corresponding value. And BOBO is committed to feeding back this value to all participants in the process.
BOBO focuses on blockchain ecological dissemination, aiming to attract more people to join the blockchain ecology built by BOBO, and realize the exchange and cashing of the value of righteousness.
In recent years, the popularity of "short videos" has remained high. As of February 2018, the active users of short video comprehensive platform and short video aggregation platform reached 403.5 million and 165.5 million respectively. Short videos are bringing profound changes to users' lifestyles.
From the perspective of market performance, the daily active users of Kuaishou and Douyin have reached tens of millions, and the total downloads of products are also among the top three on the list. Under different banners, the two have harvested a large number of users with their unique operating strategies.
In terms of market value, the popularity of "Kuaishou" and "Douyin" have also brought fire to related companies and products on the platform, such as "Haidilao Net Red Seasoning" and "Douyin Playlist". The challenge on how to eat Haidilao has now attracted 36,000 people, which has increased the sales of Haidilao’s gluten balls by 17%; and the search volume of Piggy Peggy watches in March was 5 times higher than in February, reaching 2,000 The brand and market value of short video platforms are immeasurable.
Under the current market environment, the rapid promotion of traditional Internet short video self-media social platforms such as Douyin and Kuaishou has cultivated user habits and established the foundation of the industry. BOBO hopes to establish a decentralized, free, equal, and social co-governance The social network defines the value of attention, so that content creators and communicators can share the corresponding value brought about by their labor results.
B0BO believes that attention and time are the most precious resources in the future society, and also the most cherished resources on BOBO social platform. The value of community content includes not only the time and energy invested by creators in the content, but also the attention value of every community user. The user's attention expression behavior directly increases the value of the content, so part of the benefits brought by the attention expression behavior should also be shared.
The BOBO ecosystem includes multiple ecological platforms - content publishing, content dissemination, and content interaction.
BOBO focuses on using blockchain technology to stimulate the creativity of platform self-media users, and then produce a large amount of high-quality content. This is the production incentive mechanism for original content. High-quality content needs to attract more people's attention and attention. Participation, therefore, forms the content dissemination ecology and content interaction ecology. The content viewers, disseminators, and content publishers form an ecological mechanism that complements each other through the platform, distributes rationally, and works together to increase revenue. At the same time, an active creative atmosphere and a good interactive environment will eventually promote the value of the platform, which is reflected in the increase in the market value of BOB, and each user in the platform can also obtain greater economic benefits.
While BOBO encourages the production of high-quality content, it is also spreading the concept of blockchain investment. Through market display, currency exchange and other services, users can not only reap the value of content creation in BOBO, but also conduct blockchain investment. financial planning.