The core of FACTS is to build a set of "factual content incentive mechanism" based on blockchain technology, namely Proof of Facts (PoF), and thus form a real and credible content library based on the Facts Graph.
Based on the incentive mechanism that ensures the high-quality output of real content, it solves the problems of the proliferation of false content on the Internet, insufficient creative motivation, and low communication efficiency.

Project Introduction

FACTS evaluates the content through the "FACTS Index" evaluation model, which provides a strong credibility reference for the content jury and users, and at the same time stores the credible content in the fact content pool (Facts Pool), and is analyzed by NLP The engine automatically builds the Facts Graph.

FACTS encourages users who contribute to the authenticity of the content to be rewarded with BKC (Blockchain Knowledge Coin). At the same time, users who hold BKC will participate in deeper content construction and thus get more rewards. At the same time, FACTS has a more diversified commercial system for users to consume BKC to obtain other benefits.

Project Highlights

This project will develop a set of content public chains based on the existing blockchain mature public chains and distributed file storage projects. The whole project will be divided into base chain layer, transaction layer, content management layer, protocol layer, application layer and other layers, and the requirements of different levels such as system infrastructure, content management, and content application will be clarified step by step.

At the infrastructure level, core operations such as currency value transactions, content storage and packaging at the core of the blockchain will be established.

At the level of content management, artificial intelligence algorithms will be used to establish FACTS Graph and FACTS Index, and Proof of FACTS (PoF) will be used to establish high-quality content-driven logic.

At the content application level, various business systems and content ecological applications will be realized to ensure the circulation of content in the entire ecology.

Application scenario

Social Media Platforms

Using the content incentive and token distribution mechanism of FACTS, the platform can build a social media platform similar to text content, and even further build a social network similar to Twitter and Facebook. At the same time, the content pool of FACTS can be used to provide more authentic and effective content basis for the content of social media platforms, and these contents will also provide more real high-quality content precipitation for the content pool of FACTS.

Blog, encyclopedia, forum content platforms

Blogs, encyclopedias, and forums still occupy a large share of network traffic, especially blogs and encyclopedia content platforms, which are the main channels for ordinary users to publish serious text content. For many years, these content platforms can only be maintained by advertising revenue, and a large part of users cannot obtain revenue from these platforms. Through the introduction of FACTS content incentives and token distribution mechanisms to such platforms, users who publish content and platform builders Bring more benefits, and use the content pool of FACTS to provide more authentic and effective content basis for the content of the platform. These contents will also provide more real high-quality content precipitation for the content pool of FACTS. The FACTS Foundation will carry out in-depth strategic cooperation with the world's largest Chinese encyclopedia website Hudong Baike, and quickly build the world's largest fact graph network on the solid foundation of Hudong Baike's 12 million volunteers and 17 million Chinese entries.

Q&A content platform

The monetization of content in question-and-answer communities like Quora and Zhihu has always been a problem. Through the evaluation and token distribution mechanism of FACTS, excellent answerers can get reasonable returns. Incentives based on content ratings can lead to higher conversion rates and higher engagement than direct payments. The content pool of FACTS is used to provide more authentic and effective content basis for the content of the platform, and these contents will also provide more real high-quality content accumulation for the content pool of FACTS.

News Information Platform
Traditional portal websites have always used advertisements as their main source of income, and the editorial agencies of the websites also lack suitable incentives. Traditional portal websites can not only provide incentive channels for editorial agencies and increase income for website owners by introducing the content incentive mechanism of the FACTS platform, but also establish community platforms or issue community platform smart contract tokens. Smart contract tokens can fairly distribute the income from content incentives and reward mechanisms to every link of the editorial organization through smart contracts. The content pool of FACTS is used to provide more authentic and effective content basis for the content of the platform, and these contents will also provide more real high-quality content accumulation for the content pool of FACTS.

Content aggregation platform

The platform can use the FACTS citation function to provide content aggregation functions similar to Toutiao. The platform can use automated programs to select suitable content and push it to readers. Through the reprint function, both the author and the reprinter can get evaluation and rewards. The content pool of FACTS is used to provide more authentic and effective content basis for the content of the platform, and these contents will also provide more real high-quality content accumulation for the content pool of FACTS.

Industry professional information retrieval citation service

The writing of papers and patents requires a large number of reference materials and citations. Since a large amount of real content in the content pool of FACTS is a networked structured fact map, the corresponding content can be quickly retrieved. The content pool of FACTS is used to provide more authentic and effective content basis for the content of the platform, and these contents will also provide more real high-quality content accumulation for the content pool of FACTS.

Basic content provider services for the AI ​​industry

In the era of rapid development of artificial intelligence, a large number of structured facts are needed for AI to analyze and interpret to generate more value. The content in FACTS Pool and FACTS Graph will be an important content provider for AI. A large amount of content can be output as structured data, and it can also be combined with AI technology to form more valuable content to complement FACTS.