INTRODUCTION
The features of the ledger system has been adopted in many spheres and now it's about time the content providers and creators are impacted with the benefits it brings. The fact that the technology is still under the influence of CentralizedPlatforms makes it unprofitable to the creators of contents and that leaves them with nothing to gain despite all their efforts and energy towards the creation of such contents. But with the introduction of the blockchaiin, there should be a change in the way this is done and the way creators can gain beyond what they use to have before. Apart from being a useful tool to this sector, other ones too with be in for a massively gain with the adoption. However, to Forster this process, content's protocol as an helpful project has emerged to change the way contents are being distributed and monetized with the use of cryptocurency such that it becomes easier to gain and also distribute.
INTRODUCING CONTENT PROTOCOL.
Although several platforms have existed and have controlled the display of contents to the consumers, but the way the entire process was handled comfirmed the need for a new system of having this done. Over the past few years that social media has taken hold of a huge population of the world with almost everyone being under its influence, the need for proper distribution and handling of contents becomes apparent. So to make sure this demand is fufilled, Content Protocol comes to play. But the beautiful thing about it is the way creators of the contents gets what they deserve in contrast to the traditional style where they are not being properly incentivized for the jobs they do. Also, content protocol sees the need to encourage and motivate the consumers of contents. Publishing in this new system now becomes easier for the creators and they can now get more money from it. Furthermore, unnecessary licensing fees are avoided when this platform is adopted. All these issues are what content protocol came to fix and by so doing the industry will experience a drastic growth and will be able to move forward.
For this reason has this setup chosen the ledger system due to its dependable features and it's decentraliized features. It will simply supports it and bolster the network to make sure it is able to perform as expected.
THE IMPORTANCE OF CONTENTS PROTOCOL.
For us to appreciate what content protocol has in store for the content stakeholders, it is important for us to understand the way the industry has been trivialized under CentralizedPlatforms that only serves their own interests not minding the curators of these contents they exploit. In the past and even up to this present time, it is as though these platforms are reaping from where they have not sown and thus leaving the originators of contents with crumbs to feed upon. Now, it's about time for consumers as well as content creators to get what they actually deserve. Unlike these existing systems, creators are now able to benefit tangible percentage from their contents and there is full transparency in the entire operation. As a way forward, contents protocol is also able to take advantage of decentralization and optimise credible features of the ledger chain well enough to satisfy users and creators. The platform will however put an end to the futility that was once experienced by the stakeholders of the industry.
THE BENEFITS
First and foremost, creators will be able to earn what they should depending on the value of the contents they create and not just anything less. Instead of paying excess to have contents published and licensed, a token will only be required and this will ease the ambiguous process of publishing in the ecosystem. All other types of fess also will be scrapped if not necessary and the necessary ones will be made affordable. Apart from the creators, the consumers also will be in for a gain as well. Content protocol will make sure they are incentivized as they consume contents.
TOKEN SALE DETAILS
Ticker: CPT
Token Standard: ERC-20
Token Type: Utility Token
Token Supply: 10,000,000,000 CPT
Exchange Rate: 1 CPT= 0.0015 USD
Tokensale Start: December 17th
CONCLUSION
For all the services and operations that will be done in the ecosystem, Content Protocol has designed CPT token and another called CP power which will handle the activities. They will ensure the possibilities of transactons in the network and serve their different purposes which includes;
- Purchasing contents and trading in general is the reason for using CPT as the first of the token. It serve as a currency which creators accept from the consumers of their products.
On the other hand, the second token of this platform is only used for the development of the ecosystem, talking of the CP power token.
USEFUL LINKS;
Website: https://contentsprotocol.io/
Whitepaper: https://drive.google.com/file/d/1OJizH-oS8yxJgO-RPnUKJQiU45bW4I_5/view?usp=sharing
Telegram: https://t.me/contents_protocol_en
Twitter: https://twitter.com/contents_prtcl
Facebook: https://www.facebook.com/ContentsProtocol/
AUTHOR'S DETAILS
Bitcointalk Username: Chomsy
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1759759
ETH Address: 0x2249C7eEd5CF914d391916E2736774Bfb5Db4905