The English name of COS coin is Contentos. After so many years of development, COS coin has also gained a lot of financial experience and actively cooperated with major platforms to improve its technical level. Now the Contentos Foundation has also completed cooperation with Filecoin and its ecological partners in the field of video NFT to explore more optimized solutions. To learn more, add FILkefu, so that video creators can manage their content assets safely and easily. After talking so much, investors have a preliminary understanding of COS coins, but they still don’t know what COS is? The following 211Coin editor will give you a comprehensive introduction to COS coins.
What is COS?
It is understood that COS coin is a token and one of the projects invested by Bi'an. COS is the token of the content public chain Contentos. The public chain is committed to ensuring that creators can permanently record digital tracks based on blockchain. It mainly includes three parts: 1) decentralized digital content system 2) transaction and financial system 3) social network
Team: The partners include PhotoGrid, liveme.cheez, and Ontology, which have reached strategic cooperation. It can be seen that the lineup is still very strong, which also shows that the project party is still doing things. The lineup of investors can be described as luxurious, including Danhua Capital, etc.
Project progress: COS, TV This platform is similar to a live broadcast platform, with games, singing and other sections, but the anchors and broadcast volume are relatively low. COS Chain joins Binance Chain, and the two join forces to explore a new content ecosystem.
Popularity: Shanshui Community incubation cooperation, established many WeChat communities, and added a large number of fans. There are only 8705 Twitter fans, only 11 fans on the official Weibo of cos, and less than 300 people in the WeChat group, which is relatively deserted. It can be seen that cos is not very popular at home and abroad, but cos landed on Binance DEX on June 20, and CZ also forwarded cos's Twitter. In addition, cos also appeared at the ABS Asian Blockchain Summit recently.
COS Coin Project Introduction
Contentos is a decentralized content protocol based on blockchain, that is, a public chain of digital content built through blockchain and distributed storage technology.
The vision of the project is to build a decentralized global digital content ecosystem, realize the free production, distribution, incentives and transactions of digital content, encourage content innovation and diversification, and give value and rights to users.
Technically, it mainly uses the cross-chain mechanism to add IPFS-related features to the bottom layer of the blockchain, store data on the block, connect the entire ecosystem, and enable the community to achieve interconnection. The specific approach is to directly let DApp run on the side chain without being affected by the main chain, and run cross-chain technology on the side chain while the main chain runs the original mechanism.
Relatively speaking, users do not need to make profits through distribution on centralized platforms, but can directly produce, store and distribute with consumers or advertisers. This can achieve fair value balance and open and transparent prices to a certain extent.
There are currently many content projects. The key to how to trigger changes in the content ecology lies in the value of their content ecology and the business model of content creation.
The team is led by founder Cai Changjie, who has certain experience in the field of digital content and software development. In addition, the project has won the favor of many investment institutions, such as Danhua Capital and Node Capital.
The total amount of COS tokens is as large as 10 billion. It has been launched on the Bixi and Binance DEX platforms, and the trading volume can reach about 18 million. The current price is around 0.25 yuan. In the short term, the currency price has rebounded to a certain extent and is still relatively strong.
The above content explains what COS is and gives a detailed introduction to the COS coin project. I hope this article can help more investors understand COS coins. From the information collected so far, COS coins have certain strengths. Whether it is technical development or project vision, the team has given everyone a detailed explanation, but this does not mean that COS coins are definitely worth investing in. Investors still have to make rational judgments based on the current market conditions. For COS coins, the current return on investment is not high, and the price performance has not met expectations. Therefore, if you want to invest, you have to choose the right time and cannot hold COS coins for too long.