BBS Network is a Singapore-based company.
End-users are rewarded based on their contribution, weighted with their traditional social media clout, in order to incentivise the migration of influencers. Ad revenues are distributed automatically to the post publishers, content curators and board moderators, rewarding contributing members financially and encouraging healthy community alignment. A pre-launch version of BBS is currently being piloted at bbs.market with more than 10,00010,000 weekly visitors to multiple pilot BBSes.
In order to bootstrap the BBS network, 50% of BBS50% of BBS tokens will be distributed each day over multiple years to BBSes, based on the user engagement they generate relative to the rest of the network. Engagement is defined in this context as "Real Users generating Real Content generating Real Impressions".