Contentos Project 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 share the value enhancement brought by 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 chain that carries content or advertising value, but also a chain that carries everyone's digital creation.
According to the official white paper definition:
Contentos is a decentralized content protocol based on blockchain. Its goal is to build a centralized global content incentive and distribution system through blockchain technology and distributed storage.
The protocol allows producers to produce, store and distribute freely without having to distribute profits through centralized platforms, and instead reach consumers or advertisers directly.
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?
1. Vision
Contentos' vision is to build a "decentralized digital content community".
Allowing the free creation, distribution, reward and trading of content while protecting the rights of authors, and returning the rights and value of the content to users.
On the Contentos platform, members including creators, consumers and advertisers can all earn fair income compensation.
On the Contentos platform, content creation, planning, publishing/storage and verification are all rewarded with COS TOKEN, which is the only cryptocurrency.
Contentos also intends to build itself into the Ethereum of future digital content, capable of developing various content DApps.
2. Infrastructure
Simply put, Contentos has created a content public chain. One of the characteristics of this content public chain is that it provides three infrastructures:
1. A decentralized digital content system that allows content creators to directly reach consumers or advertisers, and freely produce, store and distribute.
2. Trading and financial system. TOKEN is used to reward users and for all transactions and circulation within the ecosystem, including virtual gift trading rewards, advertising monetization, digital content trading, payment purchases within the ecosystem, digital asset wallets, etc.
3. Social network. Provide a social network that connects everyone, distribute and spread through the power of socialization, and achieve close connections between users through models such as rewards, profit sharing, and the introduction of content partners.
So what applications are there on Contentos, a public content chain? Currently, the COS.TV video content platform has been developed.
What is COS.TV?
COS.TV is a content ecosystem Dapp developed based on the content public chain Contentos, and is a video content creation platform.
So what is different about COS.TV?
1. Obtain TOKEN income in proportion to the algorithm
COS.TV defines three revenue streams for creators’ content:
Peer-to-peer contribution, advertiser sponsorship, content reward machine.
COS.TV can earn TOKEN rewards by uploading original videos. The newly generated COS in each block on COS.TV will be distributed to content creators according to the contribution ratio based on the algorithm.
2. NFT tokenization of video content
After each video is uploaded, a corresponding unique NFT TOKEN can be minted. This TOKEN is a symbol of ownership of the video, and the original creator is the initial owner of this NFT TOKEN.
Users can trade NFT TOKENs, which is also a transaction of ownership of the video.
Whoever owns the NFT TOKEN of this video will own the corresponding income of this video (such as advertising and user reward income). In short, it is a transfer of income.
According to COS.TV’s website, there is currently relatively little video content on the website, but the video content has the function of NFT tokenization.
The project plan hopes to be able to freely choose the public chain to be issued according to the needs of creators, such as Contentos Mainnet, Ethereum, Polkadot, etc., so that creators can freely circulate their content copyrights on various mainnets.
Currently, COS.TV has opened applications for the minting of Video NFTs. In the future, each application service fee will be 10,000 COS TOKENs. Those who are interested can go through the process to experience it.
Competition in the video field is already very fierce, and in the traditional video field, companies are fighting each other fiercely.
Blockchain + video, although monetization seems to be simpler with TOKEN rewards, how the platform obtains early traffic and creators is a very challenging task in itself.
COS.TV’s NFT tokenization of video content is a creative exploration. After all, NFT is very popular in the blockchain industry.
Whether NFT videos have value or not depends on the operation of the project, the quality of the videos, and the enthusiasm of the market. It is still unknown what kind of feedback the market will give to NFT-ing video content.
3. Contentos TOKEN and investment institutions
The total issuance of Contentos TOKEN COS is 10 billion. COS TOKEN will be destroyed in the long term until the destruction reaches 50% of the issuance, and three destructions have been carried out so far.
Contentos plans to put the COS TOKEN minted by COS.TV when casting video NFTs into the destruction pool to accelerate the destruction of COS.
Contentos’ investment institutions are quite strong. With Binance’s investment, COS TOKEN has also been listed on the Binance exchange.
What is COS? How to get COS?
COS is the digital token of the Contentos ecosystem, which is universal for all DAPPs in the content ecosystem. The total amount is 10 billion. The initial distribution plan is as follows, of which 4 billion belongs to ecological mining:
According to the official website information, COS will be able to obtain legal currency through transactions in the future.
Taking DApp Cheez as an example, users can obtain COS by completing tasks, and receive daily commissions based on the proportion of COS in their accounts, which can be withdrawn.
There are currently two ways to obtain COS TOKEN:
They are the official website and the DAPP within the ecosystem, and the rewards obtained will be stored in the same wallet in real time. This does not seem to be a decentralized wallet, but can be understood as an "account" similar to a traditional APP.
On the one hand, users can open the official website, click on the upper right corner to register/log in successfully, and then click on the menu bar to open "Earn COS", where they can see four modules: "Basic Tasks", "Promotion Tasks", "Creation Tasks" and "Problem Reports":
In the basic task, Confirm your identity is KYC certification. If you want to transfer or withdraw COS, you must complete this step. After completion, return to the page and click "Receive" to get 50 COS.
You can get 30COS for the first withdrawal and transfer of COS. If you don’t have any extra UIDs, you can enter 9671582556792832 for Transfer UID.
In addition, you can get 20COS by binding LiveMe and Cheez. Users need to download these two DApps, register and bind them, and then return to the task page to receive it:
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 share the value enhancement brought by their creations no matter where they are.
Cheez download address: https://www.cheez.com/
LiveME download address: https://www.liveme.com/
The promotion task requires users to have a Facebook account, forward and share official articles, and provide feedback by filling out forms.
Creative tasks and problem reports are relatively difficult, including contributing text content (500-5000COS), video content (500-20000COS), and feedback on the Contentos public chain (10000-50000COS), as well as problems with cooperative DApps (500-5000COS).
On the other hand, users can obtain COS through tasks within the DApp, mainly Cheez, because the live broadcast DApp LiveMe currently uses the "gold coin" (fiat currency recharge) system.
You just need to download Cheez, log in, enter the task page and complete it as required. It is similar to similar Internet APP tasks and is relatively time-consuming, so it is suitable for friends with more free time.
In addition to the tasks, if you want to become a live streaming influencer, you can also set a private chat price, and other people will be interested in you. In this way, if fans want to chat with you privately, they will need to pay COS.
Contentos Team Introduction
1.Mick
Mick Tsai Co-founder Mick has over 15 years of experience in the software development industry and currently leads the Contentos Foundation to create a better digital content ecosystem.
Contentos plans to redefine the value of content creation through blockchain technology with 600 million potential users worldwide.
Prior to joining Contentos, Mick worked as a senior product director at LiveMe, the No. 1 live streaming platform in the United States, and was the product director of Clean Master at Cheetah Mobile, with extensive experience in product design.
Mick also worked at Trend Micro as a senior R&D manager.
2.Zac
Zac NienSenior Product DirectorZac began his career at Trend Micro, a global leader in information security.
With his passion for new technologies, Zac has participated in many projects covering computer software, websites, IoT, iOS and Android mobile apps.
Zac is not only passionate about software engineering, but also has interests and expertise in product design and project management. He has created many useful features for mobile apps with over 100 million downloads worldwide.
Zac currently works at the Contentos Foundation, dedicated to building a better ecosystem for the digital content world.
3.Ava
Ava Wen, General Manager of Asia Pacific, has many years of operational experience in content production and digital entertainment industry. She is keen on exploring and is committed to promoting a better content creation environment.
Prior to becoming a partner of Contentos Foundation, Ava served as Senior Manager of Marketing Department of iQIYI Taiwan, Operations Director of LiveMe Greater China, and Deputy General Manager of Marketing. She led the team to break through the fierce competition in the interactive content field and establish industry height and influence.
At the same time, Ava is also the executive director of the Taiwan Program Content Production Industry Development Association.
4.Peter
Peter Wei, Vice President of Technology, has 13 years of experience in software development, focusing on mobile software technology, from feature phones to smartphones, and his areas of expertise include Android, iOS, and AI image processing research.
Peter leads AI development in Snow Leopard Technology's PhotoGrid team. He has worked as a deputy manager at HTC, where he participated in the development of multimedia software applications, and has also worked as a senior engineer at Foxconn.
What are the highlights of the Contentos project?
Contentos is worth watching for many reasons:
1. Point-to-point profit distribution, decentralized revenue distribution, all prices and values are open and transparent, and value is directly returned to users.
2. Decentralized traffic distribution encourages users to share and promote appropriate content through ecological rewards and community power.
3. Traceable property rights blockchain realizes the confirmation, storage, transaction, and distribution of digital content.
4. The credibility of interactive behaviors in a reputation system that cannot be tampered with will be reflected in the user's reputation value in the long term.
What is the value of COS?
Up to now, the value of COS lies mainly in the dividends within the Cheez DApp. That is, at 24:00 every day, the system will calculate the COS in all accounts and distribute dividends based on the user's COS ratio, and the dividends can be commissioned.
Contentos is a decentralized content protocol based on blockchain. Its goal is to build a centralized global content incentive and distribution system through blockchain technology and distributed storage.
Of course, as a blockchain project, more people are concerned about the future appreciation of COS in secondary market transactions.
Nowadays, there are countless blockchain projects that focus on content and combine social networking, whether it is BM's STEEM, CVN Network based on Renren Films, South Korea's Content Protocol, etc., they are all very eye-catching.
However, there are also many small projects that are struggling to survive, and the price of coins in the bear market has plummeted and is on the verge of death.
The reason why we pay attention to the Contentos project is that the flow of funds in a bear market is very obvious: they go wherever the heat is high.
Today, the DApp ecosystem has gradually calmed down after being taken over by ETH, EOS and TRON. Mining coins are no longer a top hot spot after the initial hype of Beam and Grin and the succession of Litecoin.
On the contrary, Binance Launchpad has successfully exploded after two rounds of BTT and FET, which not only caused the price of bnb to soar, but also made people full of reverie about the next project.
Compared with other content ecosystem projects, Contentos not only has a good user scale and marketing strength, but also has investment institutions that are worthy of attention.
In addition to well-known capital support from the cryptocurrency circle such as De, Node, DHVC, IDG, Ontology, and NEO, the most eye-catching one is Binance Labs:
BTT, the first token launched on Launchpad, is also an incubation project of Binance Labs:
According to the official white paper definition:
Compared with other projects in the Labs Portfolio, Contentos is slightly low-key, but its application implementation is very eye-catching.
Compared with PIVOT, which is also engaged in content ecology, the blockchain regulatory policies in the region where the Contentos team is located are more relaxed, and there is no direct conflict of interest between investment institutions and Binance Exchange (Pivot is jointly invested by Huobi and Binance), which is relatively purer.
As a platform for videos, live broadcasts, and images rather than just the blockchain vertical, it is less affected by the bear market and its data looks relatively better.
It’s hard not to associate it with Binance Launchpad —at least there is a high probability that it will be launched on Launchpad next.
ContentosSummary
The Contentos team hopes to use blockchain technology to allow everyone to truly record their own digital tracks forever through creation, and use a distributed architecture to ensure that creations will no longer disappear due to the closure of a website.
At the same time, we give every creation the value it deserves, whether it’s parents sharing their children’s growth process, or a video by a super internet celebrity that easily gets tens of millions of views.
Smart contracts also make content copyright transactions safer and more convenient. Content creators no longer need to distribute and profit through centralized platform channels, but can directly reach consumers and advertisers and freely create, store and distribute content.
The key to incentivizing people to participate in a free market economy is to provide a mechanism that fairly reflects everyone's contribution.
Contentos hopes to build a decentralized global digital content ecosystem, construct contribution pricing and equity returns for the content production field, so that creators, users and ecosystem builders can be incentivized.
Content consumers can also be rewarded according to the algorithm for their contributions to the promotion, distribution, evaluation and ecological operation of content, thereby converting a large number of long-tail users into active contributors within the ecosystem.
An unalterable credit system is an important foundation for the content revenue distribution mechanism. It encourages users to take positive and honest actions to gain higher credit and thus obtain higher rewards.
On the contrary, any behavior that violates community values will be punished and recorded forever on the chain. #COS开启SocialFi新时代 $COS