Esty2281
4 min readMar 12, 2022

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CMN Staking & Farming

Introduction

The Crypto Media Network (CMN) is an ecosystem that offers a wide range of services for the Crypto Community. Our project offers a playground for influencers, traders, ICO-projects and also a marketplace for various crypto-services. The CMN platform offers a variety of tools and services that allows our users to earn revenue, trading signals and insights. The CMN project is designed and developed by a team of crypto-experts and influencers. Our project is designed to give our users an opportunity to earn revenue, trading signals and insights. Today, we announce the development of a new blockchain platform: Crypto Media Network (CMN). The platform will be used to support and grow a decentralized ecosystem focused on the delivery of high-quality, educational content, with the goal of establishing a new standard of trust in the Crypto media space.

The Crypto Media Network will be built on the Ethereum blockchain, leveraging its smart contract functionality, ERC20 tokens, and a proof-of-authority consensus model. The design will enable traditional and digital media to be seamlessly integrated with cryptocurrency and blockchain topics. In addition to the token ecosystem, the Crypto Media Network will be comprised of high-quality, educational content and tools that will be distributed to the network's users. The Crypto Media Network will also be supported by a suite of applications that will provide services to the network's users and third-party businesses.

Staking and Farming

Staking and farming are mechanisms that help to drive network growth and ensure network security. The goal of these mechanisms is to reward network participants who provide services that are beneficial to other network participants. Staking refers to the process of securing the blockchain by “staking” the coins in your wallet. The more coins are staked and the longer it is staked, the higher the reward. Rewards are given to users proportionally to the amount of coins they have staked.

Farming refers to the process of mining. Mining is the process of finding a hash that can meet the network’s difficulty. The difficulty level is determined by the number of coins in circulation. The more coins that are in circulation, the harder it is to mine. Rewards are given to miners proportionally based on the mining power they possess.

CMN Vision

Staking and farming will allow CMN token holders to generate passive income. That’s right, you can now earn CMN tokens just by holding tokens. Staking is a process in which a token holder “stakes” their tokens by locking them in a smart contract. In exchange, they receive a proportional amount of CMN Staking Pool tokens. Our CMN Staking Pool smart contract will be created in the next few weeks. We will publish the address of the CMN Staking Pool smart contract on our website, telegram channel, and subreddit.

For the past few years, we at CMN have been working towards an open source, decentralized content marketplace that reduces costs and eliminates third party middlemen from the equation. In order to achieve our goals and create a sustainable, self-sustaining content marketplace, we have put together a multi-year roadmap to generate funding and create a strong foundation for our company and community.

Conclusion

With the announcement of the CMN token and the shared ecosystem, we have committed to supporting the ecosystem and helping it grow. We have outlined a basic roadmap of the different areas that we plan to focus on.

USEFUL LINKS

Website: https://cmntoken.io/
Whitepaper: https://cdn-cmntoken.s3.us-east-2.amazonaws.com/whitepaper/CMN-whitepaper.8402b75b.pdf
Telegram (CMN Official): https://t.me/cmnnewsofficial1
Telegram (Crypto Media Network): https://t.me/cmnnewsofficial
Twitter: https://twitter.com/cmnnewsofficial
Medium: https://medium.com/@CryptoMediaNetwork
Facebook: https://www.facebook.com/cmnnewsofficial
Instagram: https://www.instagram.com/cmnnewsofficial
Reddit: https://www.reddit.com/user/cmnnewsofficial
Youtube: https://www.youtube.com/channel/UCajjeEmwwPdq3aizhE0yqdA

AUTHORS DETAILS

Bitcointalk Username: Esty2281
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2737693

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