Benzinga - The enormous amounts of content and traffic produced by billions of internet users are primarily responsible for the meteoric ascent of online behemoths like Facebook, YouTube, and Twitter. These firms control not just the distribution and accessibility of digital material but also the distribution of money.
COS.TV is a decentralized content platform for Web 3.0 developed by Contentos that will enable content to be freely generated, disseminated, rewarded, and sold while safeguarding authors' rights. The platform is working to incentivize new content development and increase global variety.
The mission of Contentos is to create an innovative digital content ecosystem that gives all participants in the global digital content ecosystem more power through blockchain technology.
Monetization of Content Is a Difficult Task Posting content on Alphabet or Meta is now the only option for creators interested in monetizing their work while making it accessible to a big audience.
This implies that content producers have little choice but to hand over ownership of their work to these enormous corporations and cross their fingers that they will earn some portion of the revenue produced by advertisements seen as a result of their work.
Every artist has the challenge of maintaining their enthusiasm to create and generate high-quality material to satisfy their audience. This challenge comes from the fact that making a living and continuing to create content is a practical and challenging problem for all creators.
As of today, owing to Contentos’ innovative platform COS.TV, which leverages blockchain technology, content can be created, shared, monetized, and exchanged freely, all without violating the rights of the original creators. By making content creation and monetization transparent through decentralization, Contentos aims to restore value to users and stimulate content production and global content diversity.
Rewards and Support from Fans Over the last several years, there has been a shift toward more fragmented, mobile-centric, and long-tail content, contributing to the explosive rise of mobile video. In the not-too-distant future, mobile video will replace traditional information carriers as the dominant means of data transmission.
COS.TV, a decentralized video network created on top of the Contentos mainnet, now provides services to more than one million worldwide users worldwide every month around the globe. On COS.TV, creators not only have the opportunity to earn block rewards, but they can also obtain direct support from their audience by viewing advertisements or donating gifting votes.
Similar to how advertisements work on YouTube today, these revenue methods allow content creators and the COS.TV platform to make a profit.
The Utility of the COS Token The COS token is the sole utility token in the Contentos ecosystem and has various uses. To generate blocks, the Contentos mainnet needs a total of 21 Block Producers. Every user with COS tokens can vote for Block Producers and participate in securing the Contentos mainnet and produce blocks.
In addition to this, since Contentos is a blockchain that focuses on content, the community places a high priority on the moderation of content. The power to participate in content moderation is granted to users with COS tokens. This allows users to vote on whether or not specific content violates the community's culture or values.
Giving gifts to content creators is the most common use case for peer-to-peer COS tokens. Through the use of Gifting Votes, which can be purchased using COS tokens, any member of the audience can send gifts to content creators.
Additionally, any video on COS.TV can be minted as an ERC-721 standard NFT using COS tokens and then posted on OpenSea. When uploading a video, creators have the option to mint an NFT using COS tokens.
Into the Metaverse In an era of diversified content, the continuous evolution of technology has expanded the boundaries of our imagination for creation. The next generation of content creators will most likely live in the “Metaverse” and platforms like Meta are already working to take control over this new frontier.
At the end of 2021, Contentos announced its own plans for a ‘Metaverse’ world in Web 3.0 that would become the main portal for creators and their valuable creations to enter the Metaverse. Contentos’ Metaverse goes by COS.SPACE and aims to provide artists with a more integrated and comprehensive online environment to create and monetize their content.
Contentos’ Metaverse is one step closer to reality, and the Contentos team launched COS EXPO 2023 at the end of December 2022, where creators were able to experience the Contentos Metaverse firsthand.
Integrating Artificial Intelligence (A.I.) Artificial intelligence (AI) technology is revolutionizing the way content is created and distributed. AI algorithms are now capable of creating new forms of digital content such as images, videos, and articles, without human intervention. This will greatly benefit the content creation industry by providing more efficient and cost-effective solutions for creating high-quality content.
Contentos recently announced its plans to incorporate AI into COS.TV to enhance the creation and distribution process for creators. COS.TV will start by integrating ChatGPT to provide a video promo writing tool for uploaded videos, reducing the time needed for creators to promote their videos. Contentos will also explore providing AI tools to creators to easily create content.
Contentos will continue to lead the way in the content creation industry by not only incorporating blockchain technology but also emerging AI technologies to help creators and their creativity reach their greatest potential.
Wrapping Up Using blockchain technology, Web 3.0 content platform Contentos is disrupting the existing content industry and challenging centralized platforms through its decentralized content ecosystem powered by their COS tokens. Expanding into the new world of the Metaverse and AI, Contentos is leading the way in transforming the content industry.
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