My Review of Contents Protocol: Rewarding Content Producers via Blockchain Based Technology

BRIEF INTRODUCTION

We cannot deny the great importance of premium content in this present technological age because it enriches people every day. These contents vary from comics, TV shows, and online videos, among others. The recent development in the internet and technology has also resulted in the increase in capital flow of online contents however, this makes it to be a very good and lucrative business with several opportunity. However, there are some ups and downs in this sector which poses a great threat to online content production.

As we are all aware that these contents are being produced by several individual or entities, most of these contents after being produced needs to be uploaded to a content consuming platform in order to be accessed by other content consumers. These content consuming platforms in turns uses the data being generated by these contents for the improvement of their platform without allowing any direct ace to these data by the initial content producers themselves. Not only that, in as much as the initial producers of these contents only depends on the content producing platforms for the availability of their contents online, then they have no chance or opportunity to interact with the consumers of these contents to get their feedback on what they really want or if they’re pleased with the contents being produced for them.

Not only this, we are also aware that without the direct efforts of these initial content producers in uploading good contents on the content consuming platform, then the existence of these platform are being threatened but still yet, there has not being any form of motivation from these platforms towards the content creators as they’re not being compensated for their works. This is the sole reason for the split up we’re experiencing lately in the online content industry as some of these content creators are being forced to build their own platforms in which they’ll have direct access and full control to their own consumer database.

On the content consumer end, this splitting up is of no benefit to them as well as it is now almost impossible to get good contents online on a single platform as a result of the various content consuming platforms in circulation.

How then do we tackle this problem?, how do we restore sanity and orderliness to quality and availability of online contents?
Here comes the good news, *Content Protocol.

INTRODUCING CONTENTS PROTOCOL

Contents protocol is a blockchain technology based platform which aims to bring new values for content providers and consumers. With its new logic of compensating consumers for their contribution, Contents Protocol will restore back sanity into this industry in conjunction with its already established business relationship with mainstream content providers.

CPT TOKEN CIRCULATION CYCLE

On Contents Protocol, content providers are being given the opportunity to have access to their consumer data by paying with CPT tokens which is the main medium of trading on the platform. Some amount of these CPT tokens paid shall be allocated to the content consumers because of the data they generate. These CPT tokens being earned by the end consumers can also be used by them to make purchases of contents on the platform. The tokens being used to make these purchases can thereafter be re-distributed to consuming platform and content providers.

Also, consumers can convert their CPT tokens to CP Power which is a special form of CPT which can be used to increase a consumer’s compensation and also advertisement of contents on their platform. Conversion of CPT tokens to CP Power is immediately while the reconversion of CP Power to CPT tokens takes 4 weeks. This is for the sole reason of stability of the tokens value in the ecosystem.

Also on Contents protocol, there shall be Cryptocurrency wallet, Marketplace for data, Data dashboard and also advanced citric mode which are additional features to ensure the utmost experience by the platform users.

TOKEN AND ICO DETAILS

• Token symbol: CPT
• Token type: ERC20
• Total Supply: 10,000,000,000 CPT
• Available for Token Sale: 30%
• Token Price: 1 CPT = 0.0014 USD
• Fundraising Goal: 3,600,000 USD
  Join ICO whitelist here.

Partners

CONCLUSION

Contents Protocol is made up of experienced and devoted team who has recognised the loopholes being experienced in online content production and has put in place the best platform with support o the blockchain technology to cause a great a positive revolution in this industry.

For more insights on Contents Protocol, please visit the following links;

|Website|Telegram|Whitepaper|Twitter|Facebook|

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