An Incentivized, Decentralized Content Platform with Search Models Based Upon Taxonomy. Conjure ICO rating – not rated.
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PRE ICO Dates : 01/03/19 – 30/04/19
About Conjure ICO (token sale)
Conjure ICO is an incentivized, decentralized content platform, which enables users to be rewarded with cryptocurrency. Conjure ICO combines concepts from social media, search, and advertising with a cryptocurrency to enable content creators to monetize their content. Using the NEO blockchain to decentralize creative content monetization, Conjure ICO will create new search and advertising economies for our users, content creators, and partners.
Conjure ICO is building a content platform that intends to reward those who participate on the Conjure platform with cryptocurrency. Conjure ICO is designed according to four guiding principles:
1. The discovery of the content must be based upon transparent open source algorithms and taxonomies. These algorithms for discovery will be governed by consensus of the community.
2. Governance and monetization on the Conjure ICO platform should be based upon a series of smart contracts and cryptocurrencies.
3. The platform for the distribution of content should be governed by the users of the platform, not a central authority that has an economic incentive to enable people to consume content. We’ve already seen what transpires when a centralized organization who has economic incentive distributes content. The centralized organization becomes wealthy, while the content contributors starve.
4. The people who participate on the platform should be rewarded for their participation. The creators who spend time producing the content will be rewarded. The consumers of the content should be rewarded for engaging with or liking the content provided by the platform. The developers who keep the system alive by writing code to facilitate content delivery should also be rewarded.
Capital in the Conjure ICO Ecosystem
The Conjure Ecosystem will leverage cryptocurrency for governance and monetization.
Conjure ICO (CONJURE)
The fundamental unit of commerce on the Conjure platform is CONJURE, a NEP-5 asset residing on the NEO blockchain. Conjure will operate on the basis of one CONJURE, one vote. CONJURE will be a liquid currency that can be bought and sold on the exchanges. For governance, those users who own the most CONJURE according to account balance will have the most influence over the community.
Governance by the Community
Those users who own the most CONJURE according to account balance will have the most influence over the community. Voting input from community members is critical for Conjure to function. Voting is a crucial contribution and worthy of rewards on its own. Conjure chooses to reward those who contribute the most to the total promotion of a piece of content and rewards the voters proportionally to the ultimate reward paid to the content creator.
Conjure is built upon a free market foundation that prioritizes the community. The CONJURE ICO token is the main currency of exchange on the platform. Users of Conjure can generate, consume, and advertise content.