With the use of blockchain technology, Contentos is creating a decentralized content ecosystem. An important part of Contentos’ mission is to create a “decentralized digital content community that permits material to be freely generated.”
To encourage content development and worldwide variety, Contentos aims to restore the rights and value of material to its users. As a public content protocol, Contentos aspires to offer more than just a repository for user-generated material and advertising.
In the age of social media, everyone has the chance to share their unique perspective on the world on a public stage devoted to their own personal brand. The existing content ecosystem is dominated by centralised platforms that rely on advertising for income.
Rather than following their own creative impulses, content producers are forced to generate material that is accepted by advertising, rather than following their own inspirations.
Ad-driven content platforms raise the issue of how much freedom of speech can be allowed under these conditions. Is it possible that these influencers’ global views are being traded in for meticulously designed sponsored material for the general public? It’s also critical to raise the question, where does the bulk of the money go?
Today, corporate platforms make most of their money from ad revenue, while influencers whose material the platforms use make next to nothing. Content producers are lured by the promise of a livable wage by these digital titans, but their work is ultimately used for their own advantage. As a result of this strategy, digital platforms prosper at the cost of artists and consumers.
We at Contentos believe that everyone in the content ecosystem should reap the rewards of their efforts.
Contentos hopes to make the goal of a more democratic and equitable content market a reality by exploiting the tokenization capabilities provided by blockchain technology.
In the Contentos network, every step of the content production, curation, distribution, storage, and verification process is rewarded with COS tokens, a unique cryptocurrency.
- The Contentos platform enables open and transparent payment mechanisms for content providers, marketers, and viewers. Peer-to-peer income sharing. It is possible to keep track of subscription fees, gifts, and sponsorships using the blockchain. Smart contracts will also be provided by Contentos in order to make content monetization more efficient.
- Contentos blockchain was created. Material providers, viewers, and dApp developers all benefit from the built-in ecological incentive, which encourages them to improve their work, connect with content they actually like, and devise the best plan for delivering favorable content to the appropriate audience.
- Copyright transactions may be tracked in real time thanks to the Contentos blockchain, which makes it possible to verify, transfer, and store non-physical property rights. The blockchain will keep a record of all transactions and their derivatives. By registering copyright and providing time-stamped original content assertions, content providers will ensure that their work is authenticated and traceable.
- In the Contentos ecosystem, user interactions are logged on the blockchain and can never be altered. This is an immutable credit system. The only way for users to raise their credit ratings and hence their credibility is to demonstrate trustworthiness and good conduct. As a result, the users jointly create a dependable and self-sustaining system of review.
Some of the Most Notable Features Are as Follows:
Public Chain Tailored to the Needs of the Content Sector:
Contentos introduced saBFT, or self-adaptive Byzantine Fault Tolerance consensus method, in order to better handle the content community’s large interactions. saBFT allows low-fee transactions and short block confirmation times.
Model of Ecological Reward Based on Data:
The built-in ecological incentive concept encourages the ecosystem to make beneficial contributions. In order to prevent problems such as incentives being controlled by senior users with huge quantities of tokens, Contentos is presently creating its reward model based on the real data obtained from test net integrations.
The Platform Is Free to Use:
To this end, Contentos has been reaching out to decentralized applications on a variety of blockchains. Contentos was able to attract non-crypto people to the blockchain world thanks to partnerships with established dApps like PhotoGrid and Live Me. Contentos’ open platform aims to assist the whole blockchain sector by integrating accounts and tokens.
Blockchain and Network Data:
A Technique for Verifying One’s Identity:
The elliptic curve public key and a unique account name are the two identifiers that each Contentos user possesses. A user’s account name is nothing more than an alias for their public key.
Account records, such as user IDs and balances, are kept in a public database that may be accessed by anybody with a valid public key. This means that the creators of transactions and blocks must authenticate them. In order to use Contentos, all transactions must first be signed by the user.
Every transaction on the blockchain may be verified using the elliptic curve digital signature mechanism.
Contract for Content Copyright Management:
A smart contract governs the use of copyright by Contentos. By invoking the contract, block producers may pick a copyright moderator who can identify any material as authentic or pirated.
The authors of pirated material will not profit from the incentive distribution mechanism. Copyright moderators are accounts held by a professional entity with a good capacity to authenticate copyrights and who are trusted by the majority of block producers.
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Contract for User Trustworthiness:
Copyright Management and Credibility Management have a lot in common. If block producers pick a moderator, she may call the contract to set anyone’s credit.
Currently, only links of contents are stored on chain. Contents are stored by each dApp mostly in centralized cloud storage like Amazon S3, since decentralized storage systems like IPFS and FileCoin are still in their infancy.
General-purpose consensus protocols, distributed ledgers and cryptographic math are only a few examples of what is implemented at the protocol layer. Contentos’s technological feasibility is established here.
With a focus on the Asia-Pacific area initially, Contentos aims to create a worldwide, decentralized content exosphere (China, Taiwan, Vietnam, Japan, South Korea).
Contentos Primarily Collaborates With:
- As a starting point, Tier 2 YouTube content providers (accounts with 500K to 1MM followers) will be connected to the world of blockchain.
- Brand exposure and user acquisition are the goals of Tier 1 content providers (YouTube accounts with more than 1 million followers) in the Contentos ecosystem
Building a Community on the Internet:
- The COS.TV Creator Incentive Program is designed to encourage those who are enthusiastic about generating original video content to begin doing so.
- Participate in the broader community by taking daily quizzes through social media (such as Line, Twitter, WeChat, and others).
Strategies for developing a Community Outside the Internet:
Many of the events Contentos has been a part of recently have been focused on blockchain and cryptocurrency. China Joy in Shanghai and Taipei International Comics & Animation Festival in Taiwan are among the upcoming conventions.
Dapp Kick-start Reward:
To encourage more people to join the Contentos ecosystem in its early phases, the Foundation will award 500 million tokens (5 percent of the total supply) to dApp developers recognized for their ability to build useful features and incentive schemes. Over the course of five years, a new batch of kick-start reward tokens will be distributed.
Token Overview and Usage Cases for Cos Tokens:
Cos Is the Contentos Ecosystem’s Native Utility Token. The Following Is a Sampling of Its Applications:
Voting and election:
Anyone may vote in a block producer election by staking COS.
This “gas” (energy) may be used for smart-contract executions on the Contentos platform. The default “energy” is used up, and users must stake COS to earn “energy” after that.
Microtransactions pertaining to content, such as subscriptions and donations, may be completed in COS. COS may be used to settle any business transaction, such as the payment for an advertising between an advertiser and an influencer.