INTRODUCTION
The way we communicate over the internet is determined by one major activity – information. Whether you’re chatting on Facebook, streaming on YouTube or looking for information on Google, you’re using and collecting information.
There are millions of videos, pictures and content on the cyber space. These were created by content creators and supplied to distribution platforms for their dispersal. The problem there is that in the multi-billion dollar content company, the key players (content creators and users) don’t get a cut from revenue generated by these distribution platforms.
The solution to this problem will be finding a way to return data privacy and use to the primary channel. A decentralized measure has to be used since the traditional content industry is saturated with centralized platforms. With the core decentralized platform and disrupting channel being here, the blockchain technology will feature in the problem-solving. The solution was found in a decentralized blockchain platform known as contents Protocol.
Contents Protocol is a decentralized premium content exchange protocol on which Content Provider, Platform, and User can sustainably co-exist and cooperate. Through Contents Protocol, content distribution Platforms will be able to: (1) provide transparent data and visions to the Content Providers; which will help them create improved contents in the future (2) reward the Users for their activities and contributions; which will motivate them to become more active consumers in the industry.
THE PROBLEM FACING CONTENT INDUSTRY
The content market has been developing rapidly, but accesses for content consumption have become semi-monopolised by centralised online content platforms. This has caused the following problems in the ecosystem.
• All the valuable Data that is being accumulated on the centralized Platforms; such as user-specific engagement data and demographics data; is not being shared to the Content Providers, making them more problematic to find out what the consumers really want and how they can produce better contents in the future.
• Due to a lack of transparency in their income distribution systems, the Platforms have taken advantage of ‘black box’ license fee practices, creating the risk of data manipulation. Content Providers have no choice but to blindly trust the system.
SOLUTION PROFFERED BY CONTENTS PROTOCOL
Contents Prot0col wants to solve this problem with the help of all known BLOCKCHAIN technology.
Contents Protocol has taken into study and sees blockchain techn0logy as the solution to these pr0blems by decentralizing the content creation ecosystem where the creat0rs can manage everything by themselves; this lead to the creation of Contents Protocol.
To carry out this mission with the help of Blockchain technology, the content Protocol team needs to colect a huge am0unt of information in the Internet content industry. To accomplish all this, content Protocol will intr0duce its own CPT token - thanks to which consumers will also be able to receive them for watching movies and other content.
The contents protocol platform itself is still under development but has a business relationship with WATCHA TV, which has an audience of 4.5 million people, as well as 600 million views! These are huge numbers!
TOKEN
The tokens will have numer0us functions on the platform. There will be two different tokens (CPT and CP Power) c0nsist of the network.
The two tokens will be convertible at a 1:1 ratio, with the (CPT) tokens being immediately moveable to CP Power tokens. However, there will be a 4-week lockup period for conversions from CP Power to CPT tokens.
CPT tokens will be used as the transfarable, peyments token which will be able to be traded on exchanges, used (1) as payment for content creat0rs, and (2) to purchase c0ntent by the users. It will also be used as pay0ut to users for their contributi0ns to the network (i.e. referrals, reviews, etc.).
The more CPT t0kens will be converted into Power CP tokens, the smaller the am0unt that the СРТ token will circulate. The more users / service pr0viders place their CP Power tokens in tightening, the m0re benefits they will get the more content and use of the Content Pr0tocol platform will become. This scheme must stimulate retention of tokens on user ballance and value gr0wth.
TOKEN 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
TEAM
ADVISORS
PARTNERS
For more information on Contents protocol, Visit the links below
WEBSITE: https://contentsprotocol.io
TELEGRAM: https://t.me/contents_protocol_en
WHITEPAPER: https://drive.google.com/file/d/1OJizH-oS8yxJgO-RPnUKJQiU45bW4I_5/view
FACEBOOK: https://www.facebook.com/ContentsProtocol/
TWITTER: https://twitter.com/contents_prtcl
MEDIUM: https://medium.com/@contents_prtcl
writer's information
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