ABSTRACT
Premium content production has recently experienced an increase in general value. This is very evident through drastic increase in market size of online paid content with the concomitant growth of VOD market. This has resulted in general increase in the quantity of online content being produced by the masses which in turn results in the accumulation of these contents on contents consuming platforms.
With all these enormous contents being uploaded to the content consuming platforms, they in turn use these contents to generate valuable data for their own benefit without making them readily accessible by content producers.
As a result of this monopoly practise, some content producers have decided to establish their own platform therefore directing the resources that is ought to be used in producing good and quality contents to the building of their own platform. This undoubtedly leads to production of good quality contents and therefore have direct impact on end consumers of these contents.
Another cogent issue that needs to be addressed is the non-compensation of great efforts of end consumers in creation of useful data to these platforms which results in great discouragement.
In the plight of all these, there comes a great solution to the content producing industry by Content Protocol who has the main objective of bringing new value to the industry through the help of blockchain technology.
However, it’s no longer news that the blockchain technology is the world next technological evolution because of the several opportunities surrounding it and its problem solving attributes, this has been the major reason of its adoption by major global industries. Content protocol has discovered the potentials of this technology, hence its adoption on its platform also with the initiation of consumer’s compensation feature which rewards consumers of the quality contents produced.
WHAT MAKES CONTENT PROTOCOL UNIQUE?
- Adoption of blockchain technology with tokenized ecosystem
- Good business relationship with mainstream content providers
- Availability of an existing large customer base
Here on content protocol platform, there shall be increase in value of premium content industry also with an accompanied tokenized economy which shall be based on the blockchain technology.
Content protocol token shall be the main medium of trading data in the marketplace on this platform while the tokens shall be rewarded to the original creators of data which are the consumers. It shall also be used for data usage fee for all types of data provided in the ecosystem.
HOW DOES THE CONSUMER COMPENSATION EVENT OCCURS?
Whenever content providers pay with CPT tokens for consumer data access, a specific amount of these tokens shall be allocated to these consumers as the initial creator of these data in which they can also use these the tokens to make content purchase on the platform while these CPT being used to purchase contents shall also be re-distributed to the consuming platform and content provider, hence making a perfect circulation cycle for the token within the ecosystem.
Another feature on this platform is CP power which is a special form of CPT in which a consumer can decide to use a certain amount of his/her CP Power to increase their compensation and also to advertise their content on their platform. This CP power can be converted from CPT in a ratio of 1:1.
Reconversion back to CPT from CP Power takes 4 weeks.
Some other additional benefits to be enjoyed by the users of this platform includes;
- Data dashboard
- Marketplace for data
- Cryptocurrency wallet and
- Advanced citric mode
ABOUT ICO AND TOKENS
Token symbol: CPT
Token type: ERC20
Available for Token Sale: 30%
Total Supply: 10,000,000,000 CPT
Token Price: 1 CPT = 0.0014 USD
Fundraising Goal: 3,600,000 USD
Conclusively, content protocol is determined to offer a lasting solution to the problems being encountered in the content ecosystem via its platform which will create an ecosystem where data will bring value for both content providers and content consumers.
Team
Have some enquiries about this platform, then kindly check the following links;
Whitepaper
Twitter
Facebook
Website
Telegram
Author Bitcointalk Username: dvmmayowa
Author Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=2505500
Eth wallet address: 0xD28CeC4C91533fc8E70DEbf9Cfa1Ff2b6822D9Fa