Altcoins Talks - Cryptocurrency Forum
Learning & News => Announcements [ANN] => Topic started by: Rottip on December 30, 2018, 06:22:26 PM
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The use of Content has never been more paramount than it is today. The consumption of contents (music, movies, tv shows, books, novel, comics, etc.) has seen a significant increase over the years. Contents serves different function to people. These different functions are among the factor which leads to its mass consumption. Virtually everyone listens to music and watch movies to keep them entertained doing away with boring moments as well as reading different novels and books to gather information and learn about different things happening around the world ranging from the learning about other people’s lifestyle and culture as well as knowing about the latest trends happening around the globe. Thus the day to day consumption of contents has make it part of everyone’s livelihood.
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However, with how importance contents are, people ought to benefit from creating as well as consuming them because the general content industry is currently worth more than $115.4 billion. But reverse is the case as the entire industry is been controlled by small number of centralized platforms such as the available social media platforms and online forums which serves as a medium for members to create and consume contents. Theses platforms do tend to restrict the flow of audience and data available on the platform from reaching the appropriate parties that will bring about the creation of high quality contents. The industrious contents creators and consumers do not often benefit from the content and the data which they produce.
In the quest of providing a solution to the aforementioned problems leads to the creation of the CONTENTS PROTOCOL PLATFORM. The platform is being built on the blockchain technology which is a form of technology that introduces for the first time, a cryptographic secure, transparent and distributed digital database of transactions that does not possess the points of failure and security issues faced by the traditional databases. The blockchain technology’s unique characteristics provide the potential for blockchain based products and services to disrupt many business models in many industries.
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CONTENTS PROTOCOL is creating an incentivized transparent ecosystem for the content industry. The platform emerges to provide content creators and consumers the opportunity to contribute to the CONTENTS PROTOCOL platform through a variety of activities, including creating and providing different types of contents, writing comments, liking, and sharing. The platform is a new paradigm of content reward system where both the content creators who provide all the varieties of content ranging from movies, tv show, musics, novel and comics as well as the content consumers who consumes the created contents and in turn provide valuable data to the platform in form of feedback will be rewarded handsomely for their respective contributions. The contribution of the various users are will be evaluated using a new transparent contribution assessment model presented by the secure CONTENTS PROTOCOL ECOSYSTEM.
CONTENTS PROTOCOL is a blockchain based content platform with the aim to provide content creators and consumers alike with the best security and privacy system possible, using blockchain technologies. Which among the key components of blockchain technology is the application of smart contracts which processes transactions without the need of a broker. The transaction is processed with several blocks running through secured encryption process, this processes including the transaction details, transaction summary, and all the needed transaction information from the previous transaction. The secure blockchain technology contains a full list of all the transactions which brings about it secure distributed ledger, making the entire blockchain transactions secure and transparent.
(https://icodrops.com/wp-content/uploads/2018/06/Contents-Protocol-How-it-Works.jpg)
The platform will provide a new shift for the entire content industry as virtually all the available content distribution platforms has not been a reward based ecosystem, contents creators are not always motivated to create a great quality content as they are not being rewarded for their contributions, this reason has discouraged a lot of content creators with great talent and skills from pursuing their passion. These platforms do tend not to appreciate the effort of the various content consumers which took out of their time to provide data to the platform.
Thus, the creation of the CONTENTS PROTOCOL platform will lead to a better content creation, enhance the quality of the content across the CONTENTS PROTOCOL platform by making the various data needed by the content creator to produce a high quality content available for them, The content consumers who provide various data to the platform will also be reward for their contribution. This reward based structured ecosystem will make the CONTENTS PROTOCOL the best content distribution platform and will ultimately lead to a virtuous circle structure that extends the rapid expansion and impact of the content Industry at large.
CONTENTS PROTOCOL TOKEN SYSTEM
contents protocol has put into consideration all the needed factor to bring about an incentivized reward based platform. To implement that concept, two different native tokens has been created to serve as the utility currency for the platform. The tokens are the CPTs which is the overall token that are used as data fee and the CP POWER which serves to increase users earning percentage when vested.
• Token name: CPT
• blockchain type: ERC20
• Token Price: 1 CPT = $0.0018
• Hardcap: 4,400,000 USD (40,000 ETH)
• Total supply : 10,000,000,000
• Available for Token Sale: 30%
CONTENTS PROTOCOL'S UNIQUE TEAM MEMBERS.
(https://icodrops.com/wp-content/uploads/2018/06/Contents-Protocol-Team.jpg)
(https://icodrops.com/wp-content/uploads/2018/06/Contents-Protocol-Team-2.jpg)
CONTENTS PROTOCOL'S USEFUL LINKS:
Website:
https://contentsprotocol.io/
Telegram: https://t.me/contents_protocol_en
Facebook: https://www.facebook.com/ContentsProtocol/
Twitter: https://twitter.com/contents_prtcl
WRITTEN BY :
USERNAME : Bauchi
ETH ADDRESS : 0xAe730070A2b80E8a3F7Ac937f90c3e2f16b5b649
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The content protocol platform has a lot of potential to strive well in the crypto space because it is a project with a strong backing and a lot of good partnership and investors.
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The project is founded to create a new paradigm for the content industry by the watcha incs which consist of Watcha Play, Watcha Music, and Watcha Webtoon currently operating in Korea and Japan.
Watcha has been awarded as the best app from the App Store as the 2016-17 “Best App of the Year” (KR), Watcha Play / 2015, Watcha. And also received an award from the Play Store as the “Best App of the Year” (KR) 2016, Watcha Play / 2013-14, Watcha.
(https://indocrypto.info/wp-content/uploads/2018/12/figure-3.jpg)
As a sign of a project with great potentials, Contents protocol hits hardcap during the token sale. Keep in touch with the project with this thread or through the official links
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I dont know. Perhaps there are people who pay money for downloading movies, music, songs, books. For example, even when banning and blocking sites, I can download it through Tor and torrent for free. There are many people like me who believe that the state is robbing us.