Zenco is a decentralized content publishing platform built on Conflux eSpace, designed to reshape the way content is created, distributed, and monetized. By leveraging the Bodhi protocol, Zenco transforms content into tradable assets, allowing creators to earn directly from the value their work generates in the market. It creates a transparent and fair ecosystem where users and creators can interact, share ideas, and benefit from a unique blockchain-based economy.
Core Economic Model of Zenco
At the heart of Zenco is an innovative economic model that aims to solve two major issues in the content industry: distribution and incentivization. Unlike traditional platforms that rely on centralized advertising or subscription models, Zenco offers a decentralized alternative where users can invest in content, engage in prediction markets, and earn rewards through the following mechanisms:
- Content as Tradable Assets
Every piece of content on Zenco, whether it’s an article, video, or analysis, is tokenized and becomes a tradable asset.
When a creator uploads content, it generates initial shares, similar to the way a startup issues shares. These shares are available for purchase using CFX, and their value can fluctuate based on demand and market interest.
Users who invest in content earn returns through two channels: asset appreciation and transaction fees. As more users engage with and invest in a specific piece of content, its value increases, benefitting both early investors and the original creator.
Creators earn not only from the initial shares but also from a 5% transaction fee on each trade of their content shares. This dual-revenue stream motivates creators to produce high-quality, engaging content. - CFX-Based Prediction Markets
One of Zenco’s standout features is the prediction market, with the current focus being the 2024 Presidential Election.
Users can use CFX to place bets on outcomes like Harris vs. Trump, and correct predictions earn a share of the CFX reward pool. This feature offers a decentralized and interactive way for users to engage with real-world events while earning rewards for accurate predictions.
The prediction market operates on a dynamic pricing model, where early participation comes with lower costs, incentivizing early predictions and deeper market involvement. The odds adjust automatically based on real-time voting volume to ensure market balance. - Integration of Content and Prediction Markets
Zenco’s economic model seamlessly combines content assets and prediction markets, allowing users to participate in both aspects simultaneously. For instance, users can invest in election-related content (like analysis articles or prediction videos) while also betting on the election outcome.
If a piece of content aligns with the prediction results, its value can increase significantly, providing investors and creators with extra returns. This creates a dual incentive system that rewards both correct predictions and quality content, encouraging deeper engagement across the platform.
To further enhance participation, Zenco offers discounts and perks to users who own shares in relevant content, making prediction participation more rewarding. - Community Governance and DAO Integration
Zenco is working towards integrating a Decentralized Autonomous Organization (DAO) model, allowing users who hold content shares to participate in platform governance.
DAO members can vote on important decisions, such as new prediction markets, content curation guidelines, and reward distribution strategies. This decentralized governance model ensures that the community has a direct say in the platform’s evolution, enhancing transparency and trust. - Liquidity and Sustainability
A portion of the CFX collected from content trades and prediction markets is reinvested into a platform ecosystem fund, which is used to reward top creators, host special events, and support new user onboarding. This fund helps maintain liquidity and promotes sustainable growth.
The fund also acts as a safety net, providing initial liquidity to new prediction markets or content pools, encouraging greater participation from both users and creators.
Conclusion
Zenco offers a decentralized alternative to traditional content platforms, combining content assets, prediction markets, and community-driven governance to create a dynamic and rewarding ecosystem. By turning content into tradable assets and integrating prediction markets, Zenco provides creators and users with diverse earning opportunities while fostering a sustainable Web3 environment. With strong backing from the Conflux network and the innovative Bodhi protocol, Zenco is well-positioned to become a leading platform for decentralized content creation and engagement.