What is Contentos?
The Contentos token or COS is the native utility token powering the entire Contentos ecosystem. The latter is a blockchain-based digital content-sharing platform.
COS has more than one use case. It’s primarily used as a medium of exchange within the Contentos ecosystem. For instance, consumers can use COS to pay subscriptions to their favorite content creator. COS can also be used for one-time purchases for exclusive content.
Actions that contribute to the Contentos platform are incentivized via the COS token. These actions include uploading digital content or interacting with it by liking, commenting, and sharing.
As for the token itself, COS was based on the ERC-20 and BEP-20 token standards and, in turn, is deployed on Ethereum and BNB Chain. Although, it was initially deployed exclusively as an ERC-20 token.
Later on, Contentos launched its own mainnet. The COS token was then transferred onto the COS blockchain. Users who hold COS in either the ERC-20 or BEP-20 standards can easily swap their tokens for the newest version.
The Contentos crypto project does not have a hard cap. This means that the token supply is unlimited.
COS has been allocated as follows:
- 40% - Ecosystem Operations;
- 30% - Investors & Advisors;
- 15% - Founders;
- 10% - Foundation Reserves;
- 5% - Community Cooperative Activities.
The Contentos crypto project held a private sale in 2018, between the months of March and June. During this time, Contentos managed to raise around 31,000,000 US Dollars.
Users can acquire COS via major supported exchanges. You can find our list of recommended exchanges in the section above.
Additionally, users can increase the number of owned COS tokens with the help of COS.TV Goldmine.
Just like other cryptocurrencies, COS price experiences volatility. To put it simply, it goes through periods of price fluctuations. Therefore, before jumping into the Contentos project (or any other crypto project), it’s crucial to do your research.
There is a variety of tools that help with tracking the price of your selected digital asset. In the case of Contentos, you can start monitoring Contentos price on the graph above.
What are the Main Features of Contentos?
Contentos is a digital content distributing system powered by blockchain technologies. Users are able to upload their own unique content and receive rewards for it. Moreover,
One of the primary goals of this project is to eliminate the need for advertising on digital content publishing platforms like Facebook, Instagram, and YouTube. By removing advertising, Contentos can put the interests of the users first.
COS.TV is the first service part of the Contentos ecosystem. It’s a video-sharing platform that’s completely decentralized.
As discussed in the What is Contentos section, users earn COS tokens by uploading content to the Contentos platform. The number of COS received directly corresponds to its view and like count.
All content submitted to the Contentos platform is protected by its unique copyright registration mechanism. To put it simply, all submissions are recorded on the blockchain which makes it easy to track who is the original creator.
Who Developed Contentos?
The Contentos crypto project was launched in 2018. It’s a Singapore-based non-profit organization co-founded by a team of tech entrepreneurs. One of them is Mick Tsai who currently takes the role of CEO of Contentos.
Mick Tsai has a background in computer science and has been working in the software sector for more than 15 years. Contentos is the first blockchain-based project co-founded by Mick Tsai.
Aside from Mick Tsai, the core team at Contentos includes the VP of Product, Zac Nien, the VP of Marketing, Ava Wen, and the VP of Engineering, Peter Wei.
When it comes to advisors, Contentos has managed to establish a solid team of crypto experts such as the founder of MemVerge, Charles Fan, founder of Nebulas, Hitters Xu, CEO of Branded Entertainment Network, Ricky Ray Butler, and Chairman at Evolve.Foundation, Bo Shao.
Contentos has partnered with major companies from the crypto sector including Binance, Chainlink, Samsung Blockchain, and TrustWallet, among many others, non-crypto companies included.
Furthermore, Contentos is backed by Binance Labs, DHVC, IDG Capital, Matrix Partners, and many more.
Don’t forget to check out the COS price history on the graph above before making any purchase decisions.
