Contentos - Decentralized Global Content Ecosystem - Already listed on BinanceDEX

in #crypto5 years ago

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The blockchain and cryptocurrency world continues to grow. With each passing day, large companies are making more efforts to adapt to this new technology. Amazon, Google, IBM, Starbucks, and finally Facebook, launched the Libra token, will start to use blockchain technology. With the coming of the bullish season, the price of Bitcoin is over $ 11,000 as of this writing. After a long winter of crypto, we can finally say that we have reached where we want. There is almost no obstacle to the spread of the blockchain and cryptocurrencies all over the world. It would not be wrong to say that with the rediscovery of money, states and banks were thrown out of the system and the technology of blockchain created a new revolution.

Blockchain technology has undoubtedly created many business opportunities. Graphic designers, developers, content producers, marketers, executives and much more. But so far, blockchain technology has focused on products in general. These products came to life in later stages and began to be traded in the market.

In addition, many platforms have been established for many content producers. To the best of our knowledge, Steemit is the first social media platform to be implemented using blockchain technology. But Steemit never achieved the desired success. It wasn't quite possible for content producers to make crypto for the content they produced. Content producers cannot still be fully reimbursed for their labour.

The Contentos project, which I'll talk about in a moment, is a project that uses the most advanced software protocols traded in BinanceDEX, which will enable content producers to see the values they deserve. Contentos wants to offer a real blockchain experience to advertisers and users, not just content producers. However, the Contentos project wants to achieve this by giving dApps the necessary attention and contributing to their development.

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In addition, almost all of today's social media platforms use centralized systems. This means that all personal and other information of content producers, advertisers and users is stored in central data stores and is managed from a single source. There are several drawbacks to managing social media accounts from a single source. The most important of these is that the user data is more likely to be attacked. Because there is only one attack centre for hackers, if they can access it, they can easily access all users' data. This makes social media applications insecure using a centralized data storage system.

In addition, managing these platforms from a single source means that all the authority is in a group of people. This group can make changes to the data they want, play them, store them, change them. Furthermore, since the money flows of these applications in the central data warehouses are not transparent, the "group of people" we have just mentioned dominate all the money flow traffic. That's why we never know how much an advertiser pays to promote himself. When this happens, owners of platforms rather than content producers earn the most money, which leads to an unfair distribution of income.

Contentos: Decentralized, Global, Digital Content Ecosystem

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Contentos' vision is to create a decentralized, global digital content community that allows content to be freely produced, distributed, rewarded and sold while protecting author rights.

Contentos will promote content creation and global diversity and return the rights and value of the content to its users. Contentos will be a generic content protocol that is not only content and ad value, but also a memory chain that records the contributions of each user.

The Contentos project is a non-profit organization, which ensures the fair distribution of all profits generated between producers and consumers.

In summary, the main purpose of Contentos can be summarized as follows:

  • Ensure fair benefit for all parties and make pricing transparent to all users. In this way, creating a fair and transparent architecture in a decentralized ledger.
  • Protection of the content rights of the content producers. In this way, it is aimed to ensure that the labour of the content producers is reimbursed and even protected.
  • Ensuring that each contribution of content producers is measurable and that the content producers of all levels can easily adapt to the system and thus facilitate the monetization process of the content.

About Contentos System and Architecture


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  1. Peer-to-Peer Distribution of Revenue: Contentos provides the peer-to-peer implementation of the profit distribution resulting from the production of content. This is one of the biggest benefits of being decentralized. Because on other central platforms this happens, the advertiser and the content producer have to be content with what is presented to them. Only the platform itself can know the actual amount.

However, on the Contentos platform, content producers and advertisers communicate directly with each other. In this way, the profit and content generated are distributed fairly among users without the need for a third party or brokers. Thanks to this decentralized system, all these payments are transparent and open to everyone. In this way, users have much more detailed information about the system.

Contentos will use its own COS tokens to make these payments happen. COS will be the Contentos ecosystem cryptocurrency used to reward positive contributions and pay for services within the network. Smart contracts automatically process transaction payments and rewards distribution without the involvement of a third-party broker.

  1. Decentralized Platform: Unlike other social media platforms, Contentos uses a decentralized distribution network. In this way, the contents of the users will be open as in the ledger that is accessible to all users in the world. In addition, content producers can store their content on the Contentos platform as they wish. This results in a situation where value is measured fairly and prices are clear and transparent. Contentos ecosystem; likes, shares, comments content distribution, copyright registration will include systems such as social features.

  2. Traceable copyright process: One of the biggest innovations brought by Blockchain technology is the ability to store the processes and generated content in the blockchain. These stored data can be easily monetized by using smart contracts. In this way, a consensus is reached that the content you produce is produced by you. You will be able to monetize your content while preserving its value. The Contentos platform protects the copyrights of the content you produce and allows you to earn COS tokens thanks to the content you produce.

  3. Immutable credit system: While in the platform, users are responsible for everything they do. Their comments, likes, and the content they produce. As a result, they receive a credit rating from Contentos. These credit ratings are constantly increased for quality users. Credit rating producers with higher content manage to attract more users and advertisers. In this way, they can use the platform in a way that is more beneficial for themselves, but they also benefit other users. In this way, they contribute to the development of the blockchain ecosystem as well as to improve their user experience.

CONCLUSION

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The development of blockchain technology makes a difference in many areas. Because our shift from centralized platforms to decentralized blockchain technologies benefits both content producers and advertisers. Because in this way, brokers and middleman disappear. As well as peer-to-peer communication, money flow is provided between peers. Security is provided by the blockchain with smart contracts. In this way, without paying commissions, without giving money to unnecessary people, only money is needed to make money.

Contentos respects blockchain technology and wants it to work better, especially by content producers and advertisers. Thanks to this non-profit organization, social media is becoming a much more fun and profitable platform than we know.

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For Further Information

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I think that the platform will have a good success, with such opportunities! The team offers promising ideas

I agree with you!

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