ICST (ICST)

Individual Content and Skill Token

Review Score
3.08/5
ICO Price
0.022951 USD
0.0001 ETH
Pre ICO Price
N/A
Soft Cap
N/A
Hard Cap
N/A
Start Date
21 May 2018
End Date
29 June 2018

What is ICST?

We propose a new shared ecosystem protocol and token – ICST, a blockchain based ecosystem for content and skills sharing. In the ICST ecosystem, the producer and consumer form different associations based on different types of products they produce and sell. Even though the associations are relatively independent, all users share the same credit and currency system.

The roles in the ecosystem:

  • Producer The producer is responsible for producing sharable digital content in music and videos, or providing personal services such as interactive gaming, voice chats, guided tours, psychological counseling. Digital content creation generates income through the advertising fees on the platform, while technical service generates income through payment for the service.
  • Consumer: The consumer is the recipient of the content or service. They can obtain income by participating in social marketing and sharing the advertising fees. Meanwhile, they are responsible for evaluating the merchandise, ensuring its originality, and reporting plagiarism, for which they are compensated with credits.
  • Moderator: The moderator’s role is undertaken by the consumers who have attained certain credits. They are responsible for the arbitration and resolution of disputes in the payment procedure.
  • Distribution platform: The distribution platforms include the presenting platform for personal content and a matching platform for personal skills. The former obtains income through product deployment and the presentation of personal content to the clients, while the latter obtains income through the establishment of intermediate platforms for matching producers and consumers and collecting intermediary fees. Both platforms will build a significant amount of traffic through the social marketing system.
  • Advertiser: The advertiser is responsible for monetizing the content through stream advertisements, creating and managing advertisements, improving the search accuracy of the advertisements through artificial intelligence, and advancing the cooperation between the distribution platforms and the advertisers.

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