Contentos (COS) Introduction
Contentos hopes to build the world's most extensive public digital content chain to unify the value of global content, so that creators around the world can realize the purpose of increasing the value brought by sharing their creations no matter where they are.
Contentos hopes to become the Ethereum of future content public chains.
Ultimately, Contentos will not only be a public content chain that carries content or advertising value, but also a chain that carries every digital creation.
According to the official white paper definition:
Contentos is a decentralized content protocol based on blockchain. Its goal is to build multiple global content incentive and distribution systems through blockchain technology and distributed storage.
The protocol allows producers to profit from distributing products without going through centralized platform channels. Instead, it can directly reach consumers or advertisers and can be freely produced, stored and distributed.
In this way, we can truly realize a system in which value is fairly measured, prices are open and transparent, the public benefits, and all parties achieve a win-win situation.
Contentos will have an account system, content publishing system, copyright registration, creator certification, likes, comments, forwarding, search components, etc.
What is Contentos($COS)?
Contentos is a decentralized content ecosystem that allows content to be freely produced, distributed, rewarded, and traded while protecting the rights of authors. Contentos strives to incentivize content creation and global diversity, and return the rights and value of content to users.
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Contentos (COS) Team Introduction
Currently, Contentos has 45 members, including 25 members in the development team, accounting for 56% of the total team members, which is a relatively high proportion. Its co-founder and CEO Mick and Vice President of Technology Peter Wei both have more than 10 years of work experience in the software development industry, and Ava Wen, General Manager of the Asia-Pacific region, has many years of operational experience in content production and digital entertainment industries. Whether in terms of professional development, operation or professionalism in the content field of the project itself, they have performed well overall.
Particularly eye-catching is the advisory team disclosed on the official website, which includes Matrix Partners China co-founder Shao Bo, MemVerge founder and CEO Charles Fan, Nebula Chain founder Xu Yiji, and Branded Entertainment Network CEO Ricky Ray Butler. They add a lot of color to the technical-oriented project team and will certainly provide the necessary support to the project team in the financial, investment, entertainment and content industries.
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.
$COS technical features: investment endurance guarantee
From the pain points it solves and the current users, Contentos is undoubtedly a top-level project worth investing in. Its high-quality content ecosystem can attract everyone to join, and the number of users and daily active users will increase by thousands of times in the near future. But there are so many content public chains, why can Contentos solve these pain points? What are its technical advantages?
The protocol layer can ensure that the content of the public chain is on the chain and cannot disappear, while ensuring that the content as an asset is not transferred to other platforms, and cross-chain technology can support the mutual circulation of content from different chains; the business layer is the key to protecting content operators and traffic, and adopts a dual mode of blockchain and manual review, which can not only assist content publishers in creation certification and copyright registration, but also save time for certification. In addition to artificial intelligence review, it also assists in content review by rewarding users, and encourages users to support originality and eliminate plagiarism through rewards. Of course, as a public chain, Contentos also provides development interfaces to encourage developers to join and provide better DAPPs for the ecosystem; the application layer combines blockchain with practicality, user experience, and content communities.
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.
The specific token distribution ratio is as follows:
How does Contentos revolutionize the digital content environment? What is unique about it?
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. The calculation process is built into the Contentos mainnet and is a fully open source project on Github. Any ordinary user can also use COS as a payment tool to purchase utilities provided in cos.tv, such as GiftingVote or PaidPerView features. Holding COS can also help you potentially get more opportunities to appear on the cos.tv homepage and attract more viewership.
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.
Looking ahead
In the traditional Internet world, ordinary people are just honest data providers, but in the blockchain content world of COS, creators are truly given the dignity and respect they deserve.
At present, domestic content public chains generally lack exploration in practical applications. As the country lists the acceleration of legal digital currency research as one of its key tasks in the future, CBDC is about to emerge, and domestic blockchain needs to be fully prepared in value network applications.
The change in the form of currency has a huge impact on life, and the programmable nature of the digital currency of the COS content public chain is not only a new "accelerator" for Internet technology companies that already have advantages in technology, user scenario construction and control, but also a ticket to WEB3.0.
