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Cyberstop - We Pursue NFTs in a Way That Never Happened Before

SINGAPORE, SINGAPORE / ACCESSWIRE / April 26, 2021 / With the rapid development of network technology, as a social species, in the near future, 7 billion people are likely to be almost completely online, and influential to the virtual economy. Such a virtual universe is called Metaverse. Metaverse is a combination of meta and verse. Meta means "beyond" in Greek, and verse stands for "universe". In Metaverse, encryption is the infrastructure. On top of encryption, there will be an autonomous financial system, an open-source creator economy, a cross-network virtual identity, and, of course, a new form of NFTs-based ownership and identification of goods.

Recently, as a trendy concept again, NFTs have appeared in the online world in a variety of ways, from virtual cartoon characters to digital artworks. The global NFTs market in 2020 has exceeded 250 million US dollars and is expected to grow by 1785% in 2021. At present, the market size of the global art collection is about 65 billion US dollars. CyberStop believes that the NFTs market has a much larger potential than the above predictions. Throughout the NFTs market, most NFTs are either pictures or short animations, but there are few streaming media (UGC videos, music, PGC videos, TV dramas, and movies). Because of the existing well-known digital collections and due to their content attributes, creators can only rely on the sale of ownership to make a profit but lack the dual natural attributes of use rights and ownership like streaming media. By 2021, the global market for music, video, TV series, and movies will reach 580 billion US dollars, and the NFTs-based streaming market will reach up to 1500 times more than now.

How to use practical solutions to make digital content on the market, especially streaming media NFTs, derive more values (such as traceability, circulation, leasing, consumption, pledge, and other ecological links) in the growing trading market, will be the direction of CyberStop's exploration.

CyberStop believes that in addition to the well-known digital collections including art content, game items, e-books, domain names, vouchers, music, etc., streaming content such as videos, online dramas, and movies can also exist in the form of NFTs. They can maximize their values via CyberStop. NFTs can provide a standardized form of virtual identity and ownership for any kind of native digital "things". Content creators cannot only distribute tokenized works on the blockchain, but also sell their content CyberStop, and even digitize items in the real world into NFTs through CERT (CyberStop's platform tokens). If we say that NFTs is an arrow used to issue, track and monetize almost all the original contents and assets on the internet, CyberStop is the bow that shoots this arrow, helping all digital content to achieve NFTsization and ultimately reach beyond the cognitive boundary of value.

As a decentralized NFTs trading community platform for the global market, the governance of CyberStop is decided by community users' vote and through minimal interaction, almost everyone can generate their NFTs products. In the trading process of NFTs, to maximize the content creator's profit, no matter how many times the NFTs is sold, the creator can always get a royalty from each transaction. All transactions on CyberStop are done by CERT, the medium of exchange. The buyer and seller shall pay the handling fee of the corresponding level according to their level on CyberStop. The handling fee will be paid as dividends to users at the governance level. Users with governance ability will also have the right to participate in the community management and voting for key decisions. Also, CyberStop will use 65% of CERT to reward users for trading on the platform (transaction reward).

The core competence of CyberStop is for the distribution, use, distribution, exploration, and trading of NFTs, especially NFTs in the streaming media form. It was established in 2020 and is headquartered in the United States. Speaking of competitive advantages, CyberStop does not only provide a trading platform for NFTs but also provides the generation tools of NFTs, which greatly reduces the barrier for NFTs generation and enriches the categories and forms of NFTs. Different from platforms that concentrate on traditional digital collections such as calligraphy, painting, game items, and digital artworks, CyberStop focuses more on streaming content such as music, videos, online dramas and movies, and even artificial intelligence content. The well-designed trading model and mining model make creators and traders more motivated; the decentralized management form gives users the power to determine the future development direction and value orientation of CERT. More importantly, CyberStop gives more practical functions to NFTs and reduces the barrier for the use of IP, and makes NFTs have practical economic significance such as leasing and pledges. Also, creative ideas and blueprints can be sold digitally on the platform in the crowd-funding form, then creators and investors will share the revenue returns from the final contents. CyberStop's vision is to allow users to cast NFTs, at a lower cost and provide a comprehensive NFTs trading community platform. As one of the characteristics of NFTs, decentralization and streaming media is a perfect fit, here, there will be tedious censorship like in the real world.

In terms of team composition, the core members of CyberStop all have rich experience in the relevant industry. The CEO is the VP of a world-class e-commerce platform, mainly responsible for streaming media and digital content. The CTO once worked for a virtual currency trading platform and served as the platform's CTO, with 15-year experience in technology development. The content director is the president of a world-class media company, mainly responsible for the production and distribution of music content. The person in charge of finance and the person in charge of marketing both graduated from an Ivy League school and have more than 10 years of experience in the industry.

CyberStop has currently reached an exclusive cooperation agreement with Soogif, the world's leading GIF platform, which has more than ten thousand GIF creators. At the same time, CyberStop has signed an exclusive contract with the largest pet MCN in the Asia-Pacific with 80 million fans. Many influencers from the pet MCN will release their pet derivatives NFTs, and streaming content on CyberStop. Media content. Besides, Change, the fitness content platform with more than 20 million global fitness fans has also started exclusive cooperation with CyberStop. Vfine, a well-known music copyright service provider in China, also signed a cooperation agreement with CyberStop today to release the NFTs of its major music contents on the platform.

With the continuous development of technology, the digital individual is even more important than the actual body in real life. With the surge in demand for virtual digital products, the D2C model (Direct to Consumer) will switch to the D2A model (Direct to Avatar), M2M (machine to machine) soon.

Such an idealized world is accumulating and growing with an unconventional speed. Shortly, humans may have to choose to leave reality and enter the virtual universe. As in such a cosmic world, the importance of a decentralized mechanism for the circulation and management of scarce products will be self-evident. Any scarce product will be tokenized because the advantages and liquidities brought by digitization are attracting more and more people.

If USDT/DCEP digitizes the currency of the real world, the vision of NFTs is to serve as a coupling tool between the real world and the digital world, digitizing all non-standard things/assets and their value circulation methods. For CyberStop, under the long-term background of promoting NFTs ecology, it helps all the digital content within the scope of human cognition to achieve NFTs and finally achieve beyond the cognitive value boundary.

CyberStop will soon start its ISO(Initial Smart Contract Sale), the fund raised this round will be used to set up the platform, develop the system, and the ISO is open to the public.

Learn more about CyberStop


Brain Wong
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SOURCE: Cyberstop

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