About Contentos and COSTV
Contentos is a public chain focusing on the content field, a platform designed to build a decentralized global content ecosystem, and its vision is to create a "decentralized digital content community". In this community, the rights of authors are fully protected, while the free creation, distribution, rewards and transactions of content are realized, truly returning the rights and value of content to users. On the Contentos platform, members such as creators, consumers and advertisers can all receive fair income rewards. As the only cryptocurrency on the Contentos platform, COS tokens are not only used for rewards in various links such as content creation, planning, publishing/storage and verification, but also carry the ambition of Contentos to develop into the Ethereum of the future digital content field. @Contentos-COS
Contentos content public chain provides three major infrastructures: decentralized digital content system, transaction and financial system, and social network. These infrastructures together form the solid foundation of the Contentos platform, providing strong support for the free creation, distribution, reward and transaction of content.
Contentos (COS) Financing Details
Judging from the information displayed on Contentos’ official website, the project is currently favored by various top investment institutions, such as IDG Capital, Matrix Partners China, Gobi Partners in the traditional venture capital circle, and cryptocurrency investment institutions Binance Labs, LD Capital, NGC, etc.
On June 13, 2018, Contentos issued a total of 10 billion tokens based on Ethereum. The token is abbreviated as COS, which is the main unit of production and consumption in the Contentos ecosystem.
In principle, COS will not be issued in excess. After 35% of the creation mining is completed (estimated to be 12 years), if there is a real need for additional issuance for ecological development, the foundation will initiate a BP vote to decide.
COS is the utility token that circulates in the Contentos ecosystem. Creators who contribute content can earn COS from the mainnet mining process, as can any user who makes a positive contribution to the ecosystem, such as helping with content review or providing valuable feedback.
Creators who share content earn COS through the mainnet mining process, while users who make active contributions to the platform, such as assisting with content review or providing feedback, can also earn COS. The calculation process for rewards is built into the Contentos mainnet, a fully open source project on Github. In addition, COS is used to vote for block producers, who become infrastructure providers in the Contentos mainnet and receive mining rewards. Regular users can also use COS to purchase utilities on COS.TV, such as gift voting or pay-per-view features. Holding COS can also increase the chances of users being featured on the COS.TV homepage and attract more viewership.
The specific token distribution ratio is as follows:
COS.TV is a content ecosystem Dapp developed based on the content public chain Contentos, and is a video content creation platform.
Currently, Contentos has successfully developed the COSTV video content platform as one of its important applications on the content public chain.
COSTV is a content ecosystem Dapp developed based on the Contentos content public chain, focusing on the creation and sharing of video content. So, what is unique about the COSTV platform?
1. Algorithm-driven token returns
COSTV defines three revenue sectors for creators’ content: peer-to-peer contribution, advertiser sponsorship, and content reward mechanism. Uploading original videos on the COSTV platform can earn token rewards. The newly generated COS tokens in each block will be distributed to content creators according to the algorithm in proportion to their contributions, ensuring that their efforts are rewarded as they should be.
2. Video content NFT tokenization
On the COSTV platform, every uploaded video can be minted into a unique and exclusive NFT token. This token symbolizes the ownership of the video, and the original creator is the initial owner of this NFT token. Users can trade NFT tokens, which also means trading the ownership of the video. Whoever owns the NFT token of this video owns the corresponding income of the video (such as advertising and user reward income), realizing the transfer of income and maximizing the use of value.
Operation process:
Step 1: Register
1. Open the address to enter the registration page
2.As shown in the figure below, follow the prompts to register the user.
You can register via email or mobile phone according to your own situation.
Log in after registration
Step 2: Upload your video
As shown in the figure below, after successful login, click on Upload Video, Publish Video, and select the video to upload to start your content creation and sharing journey.
Step 3: Cashing out COS Tokens
As shown in the picture, click Overview, Redeem
Enter the asset page, select the corresponding asset, and click Withdraw
Step 4: Bind wallet address
As shown in the figure below, you need to enter your personal wallet address in your assets. This step is crucial because it ensures that you can successfully receive the COS tokens obtained through content mining.
On the asset page just now, click on my wallet address.
Enter your wallet address
(Note: Due to the high transaction fees of Ethereum, ETH and USDT withdrawals have been switched to Binance Smart Chain. Please re-add a wallet address that can receive BEP20 format tokens.)
Step 5: Daily check-ins and regular tasks
