CONTENTS PROTOCOL: Decentralize Contents Industry
About the project
The best revolution that has occurred to this life is the introduction of blockchain technology with its decentralization features; it disrupt the previous system by taking power from the centralized body to the users. This technology will be so helpful in many sectors if adopt and utilize especially in contents platform.
However, in the previous centralized system, people consume contents and the major benefits goes to the controller of the platform while the creators benefits little or non. In sort, content creators pay high commission fees and also pay for unnecessary license just to publish their contents. All these are challenges which need to be address simply because the current system does not make the industry move forward the way it expected.
Contents Protocol has taken into study and sees blockchain technology as the solution to these challenges by decentralizing the content creation ecosystem where the creators can manage everything by themselves; this lead to the creation of Contents Protocol.
WHY IS CONTENTS PROTOCOL SO IMPORTANT?
The centralized content platform is like an adage that said “monkey is working, Bamboo is chopping”. The users of the platform consumes the contents and all data being render to the owner of the platform without any return benefit to the consumers. Again, the creators benefit few percentage of what they out to earn from the contents they created. There are also uncertainty and non transparency in activities of the centralized platform which could not be trace.
Contents Protocol is the way forward in this ecosystem; it brings decentralization into this ecosystem. The Contents Protocol ideology will make users benefits from the contents they consumed and also make the contents creators share the larger percentage of the their efforts.
BENEFITS OF CONTENTS PROTOCOL
- The number benefits of Contents Protocol platform is that content creators will earn as per what they deserve unlike the previous system that only the centralized body share the larger part.
- The contents creators will pay less licence and other kinds of fees through this platform.
- The Contents Protocol platform will make the consumers of contents benefit from the platform.
CONTENTS PROTOCOL TOKEN
Contents Protocol already introduced a token that will be used for services of this platform; the token are termed ‘CPT token’ and CP Power.
This two token has different means of using it;
The CPT tokens are utilize on Contents Protocol platform for making payments either for buying contents or subscription services from the contents creators and also for trading.
In the other side, the CP Power token is used for growing and staking of network.
TOKEN SALE DETAILS
For the sake of raising fund to support the project for them to achieve their goals, an ICO events is introduced. The platform already partners with other great platform and you too can be a beneficiary by getting this token at this stage.
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
Contents Protocol is not just a paper project but a standard projects with real potential, a sub-project of WATCHA. I believe many of us might have known much about WATCHA? This is one of the most recognize media firm in the Asian market. So Contents Protocol is the only way content industry can move forward to the expected height.
For more information about Content Protocol, kindly visits any of the links below:
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1460674