PressLabs is a pioneering blockchain with a brand new consensus, Proof-Of-Press. and we’re focused on redefining the digital publishing and media landscape through blockchain and decentralized technologies.
An immutable content ledger enhances trust and transparency by providing verifiable, timestamped records that ensure the authenticity and originality of published content. This combats misinformation, a critical challenge in the crypto industry, while offering secure evidence for regulatory and legal compliance. Additionally, it protects intellectual property, incentivizing innovation and fair rewards for creators in the crypto ecosystem.
Journalists and news reporters can monetize their work through a dynamic framework powered by PRESS tokens. Authors earn rewards based on engagement metrics like views and shares, share in syndication licensing fees, and participate in ad revenue via smart contract automation. Exclusive content is further incentivized with additional PRESS token rewards through a unique Proof-of-Exclusivity system.
PoP is a hybrid consensus mechanism combining elements of Proof-of-Stake (PoS) and community voting. Validators are responsible for verifying content authenticity and adherence to journalistic standards. PoP incentivizes validators with rewards while penalizing malicious actors.
Immediate funding without third-parties. Smart contracts autonomously perform funding – collect and release payments
Open-source smart contract ensures fair and transparent deals between merchants and affiliates
On a decentralized platform, all user accounts are independent; if one account is hacked, this won’t breach the security of.
Scale economy through decentralization leading to significant decrease in transaction fees
Immediate funding without third-parties. Smart contracts autonomously perform funding – collect and release payments.
Open-source smart contract ensures fair and transparent deals between merchants and affiliates
On a decentralized platform, all user accounts are independent; if one account is hacked, this won’t breach the security of.
Scale economy through decentralization leading to significant decrease in transaction fees
Design and implement Press Blockchain's consensus mechanism (Proof-of-Engagement).
Develop validator and node infrastructure with scalable architecture.
Deploy smart contract functionality for PRESS token transactions and reward distribution.
Architect the DSV framework with encrypted data storage mechanisms.
Integrate decentralized identity (DID) protocols for user authentication.
Launch API for third-party access with user-controlled permissions.
Layer-2 Scaling Solutions:
Deploy Layer-2 protocols to optimize transaction speed and reduce gas costs.
Integrate cross-chain interoperability with leading blockchain ecosystems.
Decentralized Syndication:
Develop a decentralized syndication engine for news agencies.
Automate revenue sharing from syndicated content with transparent smart contracts.
Advanced Governance Mechanisms:
Launch on-chain governance allowing PRESS token holders to vote on platform upgrades.
Implement dynamic staking models for validators based on network engagement.
Finalize token allocation strategy for rewards, validators, and ecosystem growth.
Develop and audit smart contracts for token distribution and staking mechanisms.
Technical Development
Layer-2 Scaling Solutions:
Deploy Layer-2 protocols to optimize transaction speed and reduce gas costs.
Integrate cross-chain interoperability with leading blockchain ecosystems.
Decentralized Syndication:
Develop a decentralized syndication engine for news agencies.
Automate revenue sharing from syndicated content with transparent smart contracts.
Advanced Governance Mechanisms:
Launch on-chain governance allowing PRESS token holders to vote on platform upgrades.
Implement dynamic staking models for validators based on network engagement.
User Analytics and Insights:
Introduce real-time analytics dashboards for content creators and data owners.
Leverage machine learning to recommend content strategies and optimize engagement.
Global DSV Adoption:
Expand DSV Marketplace with enhanced tools for enterprise integration.
Integrate multi-currency support for data purchases.
Enhanced Security Protocols:
Deploy quantum-resistant cryptographic solutions.
Conduct annual security audits and incentivize bug bounty programs.
Cryptro connects banks, payment providers, digital asset exchanges and corporates via Cryptro to provide one.
