Information sharing crypto channels or communities are dispersed throughout various platforms. Even in
chat-type communities such as KakaoTalk or Telegram often used by many crypto projects, information exchange is
not well organized nor streamlined. Many users have diculty receiving information in real time due to dispersed
channels and unorganized information ow.
Cobak is a community platform specializing in cryptocurrency that facilitates communication between crypto
investors and crypto projects through an equal distribution of authority in managing the community. Crypto
projects can engage in cost-eective marketing by communicating with investors through individual forums
dedicated to each project. It also provides an ideal environment for community management with features such as
app push, notication, and pinning, and allows users to obtain necessary information instantly. Furthermore, it is
designed to monitor users' reactions in real time with an intuitive UI.
Quality content created by users gives pleasure to viewers, increases their retention rate, and attracts new users
into the community. In addition, the various data that users create in the community interact with the community
to reduce service operating costs and boost the community to drive high trac. However, many community
platforms do not provide adequate compensation for users' contribution and rather generate revenue using their
personal information and data.
Currently, Cobak has a reward system for all user activities that contribute to the platform. Appropriate
compensation is given for writing, sharing, and reporting abusive posts. The advent of CBK will further strengthen
these reward systems, contributing to organic platform growth.
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