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CoinMarketCap.comThe CBG token operates as part of Chainbing, an information aggregation engine that specializes in gathering, storing, analyzing, and disseminating data derived from blockchain. Chainbing 1.0 utilizes data witnessing mechanisms to authenticate the information’s validity and rewards those contributing valid data. The comprehensive service suite that Chainbing provides encompasses various sectors, including data collection and storage, data intelligence analysis, content provision and access, consensus mechanism witnessing, and community governance. The inclusion of a unique token economic model adds another layer of complexity to Chainbing, inviting the participation of those in various roles across the network.
The BIAE network of Chainbing adopts artificial intelligence and big data analytics to transform raw data into useful and actionable information. Consensus mechanism witnessing permits token holders to confirm the accuracy of the data, while community governance encourages token holders to actively input to Chainbing's trajectory and overall growth. Token holders are afforded not just access to exclusive content, but also a voice and an essential role in shaping Chainbing's future. Regular updates are made available about the direction and developments of the platform.
In collecting and refining data, Chainbing employs node technology to produce unique content. Validators are charged with maintaining the integrity of information, while token holders fulfill the role of verifying the content of this data. Chainbing prioritizes the delivery of quality service to users across various jurisdictions, with legal compliance being a primary concern. However, some regions remain beyond Chainbing's serviceability, namely Afghanistan, Albania, Belarus, Northern Mariana Islands, Puerto Rico, Guam, Syria, Mainland China, Democratic Republic Congo, North Korea, Sudan, United States of America, and Zimbabwe.
Chainbing's user base is broad and diverse, including independent content creators in its partner program. The decentralized nature of Chainbing's data network constitutes the current operational framework, which involves nodes tasked with data storage duties. Work is in progress to develop data centers, launch a main network, grow a community ecosystem, and fortify the high availability of resources through decentralization. To foster continued expansion, the platform relies on consistent delivery of insightful data to maintain the interest of the user community.
CBG is a decentralized token that aims to cultivate a global, self-governing economic infrastructure. It operates via a proof of allocated space and proof of time protocol, fostering prompt transaction verification. An implemented staking approach maintains circulation within the economic system. CBG encourages an open-source philosophy, enabling general interaction, invention, and contribution, thus facilitating widespread participation in the financial infrastructure. With a decentralized framework and open-source platform at its core, CBG fosters activities that reinforce circulation, velocity, and inclusivity.
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CBG Metrics:
Current price: $0.1009
Market cap: $1.01 B
All-time high: being indexed (being indexed)
All-time low: being indexed (being indexed)
Daily trading volume: $0
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