FACTS is a pioneering blockchain-based project that aims to revolutionize the digital content landscape. It employs a unique "Factual Content Incentive Mechanism" that relies on Proof of Facts (PoF), allowing users to earn rewards through interactions with factual content. FACTS' revolutionary approach addresses prevalent online issues such as the propagation of false content, underfunded creative initiatives, and inefficient content distribution.
Proof of Facts (PoF)
At the heart of FACTS is the Proof of Facts (PoF) framework, a blockchain technology that incentivizes the interaction with and dissemination of factual content. This mechanism rewards users for their operational behavior concerning credible content, thereby encouraging the spread of reliable and truthful information on the Internet.
FACTS Index
The validity and reliability of content within the FACTS ecosystem are evaluated using the FACTS Index assessment model. This innovative model serves as a comprehensive credibility reference for both the content review panel and users, ensuring that only the most trustworthy content is circulated within the network.
Facts Pool and Facts Graph
Upon successful validation through the FACTS Index, the approved content is stored in the Facts Pool. This pool of vetted content is then systematically utilized to construct a Facts Graph through the use of a Natural Language Processing (NLP) engine. The integration of the Facts graph further enhances the credibility and reliability of the information within the FACTS ecosystem.
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