The Hubiit team has a background in journalism. In 2017, the founders of Hubiit had a great idea to use the blockchain technology for distribution of content, making it better, faster and easier. The team has experience in the journalism sector. The idea evolved into a more significant project, a whole ecosystem around all types of content and the complete process: funding, creating content, distribution, verification, earning from the content and management. The Hubiit platform wants to provide a decentralized place, where writers, musicians, video creators, producers can earn high incomes thanks to the products they create. The platform offers smart contracts and smart crowdfunding using cryptocurrency. The crypto token of this network is Hubiit (HBT). It is an ERC20 token. Hubiit has its own system of verification of the news. It puts the people in control, to help and filter the fake news.