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PUBLIQ

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PUBLIQ ICO details

Start Date: 2017-11-15

End date: 2018-2-15

    • Category: Media, Platform
    • Token: PBQ
    • Platform: Ripemd160
    • Initial price: 1 PBQ = 0.00001 BTC
    • Bonus: First 24H 20% Day 2-3 10% Day 4-6 7.5% Day 7-14 5%
    • Accepting: BTC ETH Fiat

About PUBLIQ

PUBLIQ introduces a peer-to-peer distributed network that implements a new vision and approach to the media industry. It changes the way people interact and stay informed, specifically in the fast growing online media environment where no disintermediated way to transact and exchange exists.

The incredible growth of Internet access and speed around the world allows more and more people to be connected to media, anytime, anywhere. However, the media environment is currently under threats. Over centralization, unfair remunerations, poor customer experience, and absence of quality contents are on the rise. The situation is not only affecting our approach and trust towards media, but also our understanding of what is really happening around us.

The PUBLIQ team is building our future media ecosystem based on blockchain technology combined with analytics and artificial intelligence (AI). PUBLIQ is rebuilding trust in media by empowering authors and readers to be part of a safe, impartial, and fair ecosystem.

The PUBLIQ Ecosystem

We think at PUBLIQ Foundation that authenticity and independence of media can be achieved by using blockchain and its decentralized nature. The PUBLIQ ecosystem is designed as a decentralized reliable media platform equipped with an analytics reputation assessment engine as well as AI algorithms to analyze viewer preferences and suggest articles with diverging opinions.

Technologies

Blockchain as a source of distributed trust

PUBLIQ will use its own independent blockchain based on a modified Proof-of-Stake (PoS) consensus algorithm. The blockchain will hold account related information, transactions and content metadata. It will also introduce and support the PUBLIQ “PBQ tokens” (cf 4-B-PBQ Token) to be used into the PUBLIQ ecosystem. PBQs will be partially distributed to Token Sale participants and also issued and distributed from the mining process. The consensus algorithm in the PUBLIQ network is PoS style, but with modifications. The main idea of the consensus is that miners will have a chance proportional to their stake size of being chosen to mine the next block.

Blocks will be mined every 30 seconds or 2000 operations: whichever comes first, but not faster than every 3 seconds. This will allow the blockchain to speed up when the number of transactions are growing and not generate lots of empty blocks when the network is idle. Blockchain operations in our system include PBQ transfers, content submission, daily rating adjustments, content view statistics, and other operations.

To participate in the mining process, miners are required to first obtain “mining tokens” from the PUBLIQ network using the wallet application. Mining tokens correspond to a random ripemd-160 hash. To obtain mining tokens, miners should put a fixed amount of PBQ on hold in a segregated account. Everybody who has enough PBQ can get mining token(s). The number of mining tokens that a miner can hold is limited only by the number of PBQ that has been placed in the mining account. The PBQ collected through mining will be returned to the miner when the mining tokens are returned.

The miner of the next block is chosen from all miners. In order to rightfully mine the next block, a miner should possess the mining token which is closest to last block’s hash, and since all miners are registered in the blockchain, everyone knows who the next miner is.

The mining algorithm processes the blockchain updates and for each new block finds T tokens that are closest to that block’s hash from all available mining tokens (T will vary depending on the size of the network and the total number of miners). Those miners will have the right to sign the block and broadcast it to the network.

The network peers will receive T possible candidates signed by different mining tokens. In case all miners trying to sign the block are online for each next block, peers will always select the block that is mined with the token closest to previous block’s hash over other candidates.

Ideally, if all miners are always online, T should be equal to 1. However, some miners may be disconnected from the network, hence selecting a number of elected potential miners to apply to the status of miner for the next block, helps to make sure there is no latency or connectivity issues into the block generation process.

The incentive for the PUBLIQ “nodes” is to sustain the platform and maintain its reliability by providing validation and distribution of the blocks. They receive mining rewards (cf 4-B-PBQ token) for their involvement. Everyone who owns PUBLIQ PBQ tokens can potentially become a node if he or she decides to participate in the process.

Our mining algorithm has an advantage over proof of work as it does not require significant resource spendings, such as electricity costs. Compared to existing proof of stake methods, our method has an advantage, since the miner selection is randomized and not only linked to the size of the stake. Hence, if ill-intentioned actors would want to corrupt the network, they would need to take over a very high percentage of the network to have any guaranteed results of becoming the designated miner in the network.

Distributed Storage

PUBLIQ will use a distributed storage infrastructure to store all content—articles, news, and advertisements. Storage will consist of participants who will lend their free storage space to the PUBLIQ ecosystem in exchange for PBQ tokens. Becoming a distributed storage provider is an alternative way of sustaining the ecosystem and being rewarded at the same time.

Content will be given a permanent hash ID when added to distributed storage and is referred using that same ID everywhere within the PUBLIQ network. Distributed storage relies on blockchain for content discovery rather than a distributed hash table. Distributed storage uses up all clients’ located storage to its advantage. Any given piece of data can be replicated with a 5-10 coefficient to ensure redundancy and availability. In a more enhanced version, the distributed storage will replicate files based on geolocation of storage to also optimize for latency and speed. The amount of rewards collected by the storage provider depends on his or her availability to sustain more reliable global storage on the network.

One key aspect of our distributed storage technology is that we allow the p2p network to become multicast based on some nodes. This allows a more efficient deployment of storage farms. Our storage protocols automatically adjust and seamlessly integrate the multicast-based portions of the storage network. The higher-level multicast protocol is actually the same one used on the p2p network. So on binary level they look the same, but the propagation is more efficient.

It is important to mention that the hash of the data is stored in the blockchain, so any corruption of data will be detected right away.

The blockchain immutability also acts as a support for independent journalism. No centralized entity can remove writings that are already posted unlike on most existing platforms (cf 4-D-The PUBLIQ governance). If any amendments or notes need to be performed in an article already disseminated into the blockchain, PUBLIQ allows authors to add notes that will be linked to the initial content. Each of these notes will be highlighted to the readers in order to maintain clarity in the reading experience (cf 4-B-PBQ Token).

The PUBLIQ blockchain and distributed ledger technology will strongly protect contents and transactions from any unnecessary points of friction. The work of an author, and his or her pieces of work are transparent and available to everyone in PUBLIQ. Authors can now protect their writings and have their pieces safely distributed.

publiq

Team

Alexandre Tabbakh

CEO

Arman Aleksanian

Co-Founder, Council Member, CINO

Arutyun Pogosyan

Co-Founder, Executive Chairman

Gagik Yeghiazarian

Co-Founder, Council Member

Tiffany Maria Obser

CPO

Ekaterina Kabakchi

CCO

Muhammed Gali

Marketing Associate

Cornelius Lipp

Project Manager

Hayk Hayotsyan

Software Architect

Vazgen Manukyan

Technical Product Manager

Dr. Tigran Ghahramanyan

Software Engineer

Dr. Gagik Karapetyan

Software Engineer

Alexander Bondarenko

Software Engineer

Grigor Igitbashyan

Web Developer

Sergey Tangyan

Web Developer

Hayk Grigoryan

Full Stack Developer

Harutyun Mnatsakanyan

Web Developer

Narek Abrahamyan

Web Developer

Tigran Sahakyan

UI/UX Designer

Alexandra Banna

Community Manager

Anna Soshenko

Project Manager

Jemma Manukyan

Project Assistant

PUBLIQ Advisors

Brett Scott

Advisor

Dr. Arman Jilavian

Advisor

Edwin Tham

Advisor

Adam A. Kablanian

Advisor

Pierre Hennes

Advisor

Fábio Silva

Advisor

Etienne A. Bernath Switzerland

Advisor

Benjamin Leiding

Advisor

Milestones

November, 2017
PUBLIQ crowdsale
February, 2018
PUBLIQ Initial Network launch PUBLIQ Initial Network will give full ownership of the PBQ tokens to Token Sale participants. Very small transaction fee (only for spam prevention) and no reward for mining yet.
May, 2018
Content publishing in PUBLIQ Testnet Enable PUBLIQ authors to post content into the PUBLIQ Network.
August, 2018
Content distribution in PUBLIQ Testnet Give content distributors the ability to filter and group contents relevant to their target audience.
September, 2018
Launch of the PUBLIQ Network 1.0 The PUBLIQ Network 1.0 will have the content publishing and distribution infrastructure online and available. Distributed storage in PUBLIQ Testnet The distributed storage will provide the framework to store the PUBLIQ content. It will allow anyone to share their free storage space and earn PBQ in exchange.
November, 2018
Advertising platform in PUBLIQ Testnet The platform will provide the necessary tools for advertisers to post their ads into the PUBLIQ ecosystem and select target audience for it. Launch of PUBLIQ Network 1.1 The PUBLIQ Network 1.1 will make the content publishing, content distribution and distributed storage infrastructures available and online.
December, 2018
AI assistant in PUBLIQ Testnet The PUBLIQ AI will allow the categorisation of articles and suggest articles with diverging points of view to readers. The AI assistant will also help to interpret the context of articles to select relevant advertisement.
February, 2019
Launch of PUBLIQ Network 2.0 The launch of the PUBLIQ Network 2.0 will make the content publishing, content distribution, distributed storage, advertisement platform and AI assistant infrastructures available and online.
March, 2019
SDKs for integration SDKs will help anyone to smoothly integrate and broadcast the PUBLIQ Network content within their Web page or Mobile application.

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