#Contentos (COS) is a cryptocurrency token running on the Binance platform.
Contentos (#COS) is a cryptocurrency token running on the Binance platform. The Contentos platform aims to create a decentralized digital content space. However, Contentos' goal is to be the Ethereum of the digital content platforms of the future.
What is COS Coin?
Content producers today face a variety of challenges. The Contentos platform lists these challenges as follows:
Unequally distributed earnings: There is a significant cut in most platforms, meaning creators only see part of their rewards.
Non-transparent flow control: Streaming distribution is controlled by platforms and the user's real needs are not fully communicated or met.
Lack of copyright protection: Digital content producers often cannot be clearly verified. This makes it difficult to trace the source and refer to the content creator when necessary.
Risky earning systems: In central earning systems, malicious moves cannot be tracked across platforms.
Contentos serves as a digital content platform to develop solutions to all these problems. The platform lists the solutions and facilities it offers for content producers and users as follows:
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Peer-to-peer revenue distribution: With a decentralized income system, all payments are made transparently and directly to the content producer.
Decentralized streaming control: Users are encouraged to share and promote their favorite content in exchange for certain rewards.
Traceable copyright transactions: Blockchain technology ensures that copyright authentication and processing are fully traceable.
Unchangeable earning system: Users are responsible for credit points calculated according to each contribution made.
Contentos Coin Chart
It is worth noting that when looking at the Contentos chart, it is quite volatile. According to the CoinMarketCap data of the COS coin, which was traded at $ 0.0100 at the time of publication, the highest price it has seen since its launch is $ 0.0852.
However, the COS token ranks 341st in the CoinMarketCap ranking with a market cap of $ 20,072,610. In addition, COS coin has an average daily trading volume of 7.636.527 USD.
Contentos chart information shows that COS coin is traded with 0.00000087 BTC against Bitcoin (BTC), while it is traded with 0.00046541 BNB against Binance Coin.
On the other hand, according to the platform's statements, it is stated that the total amount of COS tokens to be released to the market is 13,500,000,000 COS and this number is currently 2,002,140,145 in circulation.
Contentos Coin Review
COS Coin's name was heard more after being listed on the crypto currency exchange Binance. Because with this listing, the COS token has increased by 3,820% against Bitcoin. Therefore, the COS token suddenly started to be discussed in the crypto currency agenda in August 2019. In addition, of course, the name of COS coin was known before. However, this increase made his reputation famous.
On the other hand, the fact that the Contentos platform has a large user base also makes comments that the project has a future. Because content producers are facing great challenges today, and Contentos promises to overcome all of these challenges.
In addition to all these, it is stated that the presence of big names such as Binance, Node Capital, Digifinex Fund and Blockchine Technology behind the Contentos platform makes the project attractive.