Whether it’s the internet, money, or organizational structure, the future is swiftly going towards blockchain-led decentralization. The digital content sector is going through a similar paradigm change, where the creator retains ownership of original material while sharing or exchanging it over a peer-to-peer network. Contentos is one such blockchain platform that aims to create a “decentralized global content ecosystem” that can protect marketable material’s rights and value.
COS is Contentos’ native coin, and it runs on the Ethereum network. According to CoinMarketCap, the cryptocurrency was trading at US$ 0.027310 (12:52 am EDT) on December 10, up over 6% in the previous 24 hours.
What is Contentos?
Contentos is a blockchain technology led by a “nonprofit foundation” that allows content and NFT providers, users, and marketers to collaborate on a decentralized platform to establish a “unique” content business model.
Video makers may use COS.TV to monetize their work via video mining, NFT sales, and other methods.
LiveMe, Cheez, and PhotoGrid are among the social networking networks with which the platform has collaborated.
COS.TV recorded 3 million active users and a 231% increase in visits in the last five months, according to a statement on its official site in September.
What distinguishes Contentos from the standard content business model?
Ad money dominates the present content economy, which adds to limits rather than fostering originality. Advertisers or those commissioning content pieces often devour the lion’s share of the benefits.
Contentos, a decentralized platform, allows both authors and consumers to profit from blockchain-enabled smart contracts that allow the creator to reap incentives depending on use. Smart contracts allow users or purchasers to pay for content directly. Agreements between creators and advertising may also be used to improve cooperation.
A product’s price is set by AI-based algorithms and published on the public blockchain, resulting in an unchangeable credit system. “Quick and complete access to copyright information” is also possible using the Contents protocol.
Coin Price Prediction for Contentos (COS)
The current quantity of COS coins is approximately 9.95 billion, with over 3.63 billion in circulation.
COS coin was trading at US$ 0.027310 at the time of writing.
The issue of decentralization is expected to dominate the future years. We may see widespread usage of blockchain technology starting in 2022, which might help COS currency grow in value.
COS coin may reach US$0.040 in 2022, given the public’s interest in cryptocurrencies. A bear market in crypto markets, on the other hand, might cause its value to plummet.