NFT-ifying Videos? A Detailed Look at the "WEB3 TikTok" – Contentos Chat and Airdrop Tutorial
Decentralization can be messy, and it introduces more unpredictability as power moves from the center to the edges. As discussed by E. Glen Weyl, Puja Ohlhaver, and Vitalik Buterin in Decentralized Society: Finding Web3’s Soul:
"In just under a decade, Web3 has amazed the world by creating a unique and flexible financial system using elements like public key cryptography, smart contracts, and proof mechanisms. While it offers an open ecosystem for financial transactions, it still depends on the centralized Web2 structure, replicating its limitations. As Web3 grows, it can transform issues like wealth concentration and governance, sparking innovative political, economic, and social applications within a decentralized society (DeSoc)."
The future of decentralized media is crucial. Imagine a world where your content could be deleted or altered by a select few. This irony highlights the importance of decentralizing content services like "WEB3 TikTok," powered by Contentos ($COS).
1. What is Contentos?
Contentos is a decentralized global content ecosystem with the vision of building a "decentralized digital content community." It aims to allow the free production, distribution, and reward of content while ensuring creators’ rights are protected. Content creators, consumers, and advertisers can earn COS tokens as compensation for their involvement, with all activities—content creation, planning, publishing, and verification—being rewarded in COS tokens.
Contentos wants to become the Ethereum for digital content, providing a public chain designed to:
1. Decentralize digital content: Allowing creators to directly reach consumers or advertisers without intermediaries, enabling free production, storage, and distribution.
2. Create a trading and financial system: Tokens reward users and enable transactions like virtual gift trading, ad monetization, and digital asset exchanges.
3. Build a social network: Connecting users through socialization models such as rewards, profit sharing, and content partner integration.
2. Contentos Tokens & Investment
Contentos’ COS token has a total issuance of 10 billion tokens, with plans to burn half of them over time. The platform’s strong backing from major investment institutions like Binance Labs further solidifies its potential. COS tokens are listed on Binance, enhancing its credibility.
3. COS.TV: Contentos’ Core DApp
COS.TV is the video content platform built on Contentos’ public chain. Here’s what makes it stand out:
1. Token-based Income: COS.TV provides creators with token rewards based on an algorithm that factors in peer-to-peer contributions, advertiser sponsorships, and content rewards.
2. Video NFT Tokenization: Every video uploaded on COS.TV can be turned into an NFT, symbolizing ownership. Creators can trade these NFTs, transferring ownership and income from the video (like ad revenue and user rewards) to new owners.
The platform plans to allow creators to mint NFTs on various blockchains (Ethereum, Binance BSC, Polkadot, and Contentos Mainnet), ensuring easy circulation of content rights across different ecosystems. Currently, creators can mint Video NFTs with a service fee of 10,000 COS tokens.
4. Engaging with Airdrops
On November 13, COS.TV launched a new social finance feature for VIPs: the Airdrop function. This allows creators to reward their community, strengthen engagement, and build closer connections. To participate in airdrops:
1. Join the chatroom hosting the airdrop.
2. Purchase a PASS to enter the chat.
3. Click the "Claim" button when the airdrop message appears to receive your reward.
Airdrop FAQs:
Fees & Gas: Sending/receiving airdrops or purchasing passes incurs a "stamina" cost, which regenerates over time.
Restoring Airdrops: Once an airdrop is sent, it cannot be undone unless unclaimed within 24 hours, after which it’s automatically refunded.
Unclaimed Airdrops: Expire within 24 hours and are refunded to the sender.
Visibility: In non-group chatrooms, only the chatroom owner and sender can see the airdrop notifications.
5. Conclusion
We’re entering an era of increased decentralization across all sectors—finance, education, news, and more—driven by new technologies. These innovations, like Contentos, are building the infrastructure necessary for decentralized systems to thrive. While historical patterns oscillate between centralization and decentralization, emerging technologies are breaking old systems and creating new ones that are more efficient, transparent, and inclusive—just as Contentos is doing.
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