Contents Protocol
Since the last decade, the digital content industry has shown an upward trend. Platforms like YouTube and Spotify have gained popularity among internet users, to the extent that they have become an inseparable part of contemporary daily life. Currently, audio and video streaming accounts for 70% of internet data traffic. Nevertheless, the success of this industry is still hampered by a number of problems, such as difficulties in monetization, non-compensation for content consumers and aggressive competition in the market.
Most online platforms are centralized and they are the main choice for consuming content because the subscription-based market continues to grow rapidly. However, the use of this platform does come with a number of challenges, which include high commissions, unreliable license fees, and exploitation of user contributions. Now, Contents Protocol offers the opportunity to fix all these problems with a decentralized platform designed to connect content creators and users together.
Contens Protocol is identical to a simple but important function: Content distribution. This platform allows users to buy, sell and even share content without having to pay intermediary fees or use a centralized agent.
In addition, writers can share content with consumers using blockchain technology. This is an automated process and has no geographical limitations.
Why do we have to choose Contents Protocol?
This platform has a lot of advantages compared to similar traditional platforms. In particular, and perhaps the most important are users who like to censor. This was made possible by the decentralization heralded by blockchain technology. There is no central authority to determine what consumers can or cannot obtain.
Second, content creators can save a full percentage of the profits earned. This is because brokers are eliminated and content moves directly from content creators to consumers. Consumers get a fairer price too.
Recommendations Protocol, reputation and feedback systems enhance customer experience. This is because they are treated with the same conditions.
Contents Protocol is a Blockchain based digital media distribution platform designed to bring more transparency and justice to the media industry. allows everyone to distribute online content efficiently without having to wait for payment or pay a hefty fee. The Blockchain developed by Content Protocol will revolutionize data distribution, save content producer money and give them more control without compromising security.
How does the Contents Protocol Handle These Challenges?
The blockchain-based Contents Protocol platform provides a solution to the problems mentioned earlier. Because of its eternity, blockchain technology will ensure transparency between all players in the digital content industry. The establishment of a peer-to-peer connection will reduce transaction costs by eliminating intermediaries. In addition, distributed ledger technology increases the security of transactions involving money and all transactions will be governed by intelligent contracts that execute themselves. This will ensure that no disputes arise during the sale and distribution of digital content.
What is the Relationship Between Watcha.inc and Contents Protocol?
Watcha is a personalized recommendation service based on machine learning on premium content that has 4 million users with + 400M reviews in Korea and Japan to this day.
Contents Protocol is a subsidiary of Watcha.Inc. and began as a project built by a talented team within the Watcha.Contents Protocol organization empowering all distribution platforms and technologies for Watcha consumer applications, and Watcha will work to create tools and opportunities to make the Content Protocol network more accessible and resilient.
Innovative platforms such as the Contents Protocol are very interesting to have in the cryptocurrency industry. This project puts more power in the hands of those who deserve it, and thus will promote in a big way. I am sure we will see some extraordinary developments from his team in the future.
For complete information about ICO, please follow the link below:
Website: https://contentsprotocol.io
Whitepaper: https://drive.google.com/file/d/1F-iiyB8Uwx0poMvaYYpTqWof3_jc5G3M/view (one pager)
Telegram: https://t.me/ContentsProtocol
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Author : Cindy_wey
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Eth Address : 0xdB3F1167E8cad54ee05BB7e3213df6d278654f3E
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