Hello everybody, I am glad to greet you here again. Probably you have noticed the tendency of world’s change, nowadays any activity or any time spent for something tends to be monetized. No matter if you listen to music, playing the game, put likes, share content or post your photos in social network you create valuable information that for many businesses ready to purchase it. Mostly only the platforms are rewarded but more and more projects are ready to reward users for their contribution.
Contents Protocol offers collaboration in the field of cinematography, video, music, electronic books and comics’ production.
What is Contents Protocol?
Contents protocol is a platform that will connect directly the content creators and users, rewarding users for their activity and delivering the collected data to content creators. Thanks to decentralized blockchain transparency and reliability of the data is guaranteed. Not only consumers and content creators will have benefit from this protocol. Any platform can share its data and earn tokens. Marketing and technical support companies can also collaborate with Contents Protocol. The protocol is established by a famous Korean corporation Watcha. Project has deals with the key players as Disney, Fox, BBC, Sony pictures and other.
What is Watcha
Watcha is a group of applications, including Watcha Music, Watcha Play, Watcha Webtoon and WATCHA that provides individualized advises on movies, books, TV shows and other videos based on your rating. This application is used mostly in Korea and Japan. According to the team’s information, it has 4,5 million members. Contents Protocol will be able to use Watcha’s rating information and to offer to its users Watcha Play videos
How does it work?
The users will receive tokens for rating, sharing the watched content and their comments. Watching and rating some videos in “advance critic mode” will let content creators to obtain fast and accurate information and the users will be additionally rewarded. The other users or any participant will need to pay Data usage fee in order to have access to the reviews or any other data (metadata, data dashboard) The user will need to create an account which will have crypto wallet. The users will be able to receive automatic compensation to their wallet, buy access to data usage, movies and other content or subscription, exchange tokens in trading platforms.
The token system in Contents Protocol
There are 2 types of tokens: CPT and CP Power which are converted with a ratio equal to 1:1
Contents Protocol Tokens (CPT) are the utility tokens used for trading the data. They can be spent as a data usage fee and they will be awarded to consumers contributed to the platform.
CP Power can be activated and deactivated and can be used as a compensation boost or as an advertisement tool. Boosting your compensation is possible by activating at least 1000 CP Power and promoting the platform in social and other networks.
Brief information about the project:
A country where the company is registered: Singapore
Token sale: 30%
ICO state: closed
Tokens sold: 420 million CPT
Price: 1 ETH=60,000 CPT
KYC: required
More information, please visit links below :
Website: https://contentsprotocol.io/
Twitter: https://twitter.com/contents_prtcl
Telegram: https://t.me/contents_protocol_en
Whitepaper: https://drive.google.com/file/d/1OJizH-oS8yxJgO-RPnUKJQiU45bW4I_5/view?usp=sharing
ANN: https://bitcointalk.org/index.php?topic=5082705.0
Prepared by Stavri (Bitcointalk Profile) :
https://bitcointalk.org/index.php?action=profile;u=955201
ETH Wallet: 0xf263f99B27E37e97720b9DdaF525B565E18A89c2
Awesome project, greetings from Ambr! Upvoted and resteemed!
Well explained and content layout - Continue your great work.
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