CMNTOKEN

Jubalili Onwuba
3 min readMar 10, 2022

Introduction

Given the surge in misconceptions regarding blockchain financial markets, Crypto Media Network (CMN) play an important role in dispelling the myths and educating the general public about the true possibilities of cryptocurrency. This impact also aid in distinguishing between legitimate and fraudulent ICO projects.

CMN also advocate for a more organic approach to promotions, as opposed to traditional methods where those who spend money on paid promotions get all the attention. That is, CMNTOKEN will only promote a crypto coin unless the intent and validity of the teams behind it have been verified. The CMN media ecosystem is also looking into alternate in soliciting for funds to launch the world’s first ethical news network.

CMNToken Ecosystem: Development Roadmap

The platform has form various strategic and has collaborated with suppliers from various disciplines to assure the quality development of the CMN infrastructure, including the launch of a satellite news channel, the production of OTT shows, app development, and online publication to be more effective and productive. The infrastructure development process at CMN can be broken down into three stages which are Feasibility, Implementation and market placement.

CMNToken Market Approach

Marketing is a vital component of the CMNToken product lifecycle design to embrace digital change. The following are the main goals of CMNToken product marketing strategies:

  • Creating the effective Wallet to boost user engagement and confident
  • Maintaining a high level of visibility in the mainstream media.
  • Collaborating with members and representatives to develop thought leadership.

Mining Procedure: Excessive mining has caused environmental issues as a result of the rise in cryptocurrency. Millions of computer systems generate heat as a result of the consensus method (Proof-of-Work), causing environmental damage. Furthermore, the procedure is time-consuming and limited to those with the appropriate infrastructure.

Staking: Staking (Proof-of Stake) is an alternative method that is gaining popularity and has proven to be more productive, accessible, and democratic. At CMNToken, users who invest their crypto assets beyond a certain threshold are given governance powers.

Users are able to stake their cryptocurrencies and trade across international DeFi platforms. Also users can stake their CMN tokens in exchange for a reward token. They would also be able to use these reward tokens to invest in a farm (pool) and earn additional benefits.

Farming: CMN Yield Farming aims to provide a consistent return on investment while also maintaining platform liquidity. In order to keep their assets safe, users deposit them in a farm pool. The pool that holds all of the pooled investments of the customers invests the cash in various DeFi schemes.

As a result, it generates and distributes timely returns (Yield) to all members in a proportional manner. Furthermore, in exchange for their money, the investors receive rewards and other incentives. As a result, the more money collected in the pool, the more benefits accrue.

Conclusion

The lack of subject matter expertise in crypto finance and the underlying blockchain technology are the major setback for existing crypto media publications. Cryptocurrencies provide ample opportunities to earn long term investment returns. The fact that Bitcoin and other cryptocurrencies have grown by leaps and bounds in a controversial environment. As an unbiased media entity, the CMNToken provides an alternative ways to existing corrupt practices within the crypto space.

For More Information Visit
Website : https://cmntoken.io/
Telegram : https://t.me/cmnnewsofficial1
Medium : https://medium.com/@CryptoMediaNetwork
Twitter : https://twitter.com/cmnnewsofficial
Instagram : https://www.instagram.com/cmnnewsofficial
Reddit : https://www.reddit.com/user/cmnnewsofficial
Youtube : https://www.youtube.com/channel/UCajjeEmwwPdq3aizhE0yqdA

Publishers Details :
Forum Username: Onwuba
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3405891

BEP-20 Wallet Address: 0xbc02632d2829a73CC79520b6E8054391A6958aa7

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