The 21st century is the era of visual information. Most people would prefer watching a video from reading a book. The largest educational, entertainment, and even business platforms have extensive video content using video hosting. It is not surprising that such large portals as YouTube, Vimeo and others are actively developing. However, they have a number of significant problems that the Contents Protocol project seeks to solve.
PROBLEMS
Existing video platforms are being developed by the creators of the content that viewers consume. Undoubtedly, without the authors of the video would not be their audience. However, as a rule, authors receive the smallest part of the total capital of the platform. Most of the funds go to the creators of sites, and for content creators, the profit is distributed according to the residual principle. This scheme is due to the high costs of maintaining the site, but is unfair to the authors of the video.
Another big problem is the purity of consumed content. The abundance of unnecessary advertising, dubious recommendations, the possibility of political and other propaganda, as well as unreliable user data (many remember the scandal with one major social network that revealed user data for campaign propaganda) do not add confidence to large video hosting sites. It is also possible penetration of such content as pornographic video, images of violence, other content unacceptable for users to the hosting.
SOLUTIONS PROPOSED BY CONTENTS PROTOCOL
Contents Protocol is a video data exchange protocol, within which a reliable and mutually beneficial cooperation of video content authors, consumers (viewers) and platform creators is ensured.
The project creates favorable conditions for all: consumers, content authors and platform creators. Most of the profits from the operation of the platform - as much as 75% - are distributed between content authors and users. 5-10% of the profit remains in the airbag, thus avoiding significant financial losses in case of failures or during periods of instability in the cryptocurrency market. The remaining funds are distributed between the creators and moderators of the platform. As we can see, content authors and active viewers — that is, people who promote and develop the platform — make the most of the profits. This is true, because it is pleasant to work where your work is truly highly appreciated.
The creators of the Contents Protocol also care about the purity of the proposed content. There is no place unacceptable video, annoying advertising and propaganda. User data is securely protected and can not be given to those to whom it can be profitable. Contents Protocol is a project with the highest degree of protection of personal information about users.
WHY CONTENTS PROTOCOL IS A PERSPECTIVE PROJECT?
One of the most important advantages of the Contents Protocol over other similar projects is the cooperation with the company WATCHA. It has almost 4 million users. The application is annually awarded the prize “The Best Application of the Year” according to Google and Apple every year since 2013. The company has licensed deals with the 50 largest suppliers of original high-quality content. WATCHA is the strongest partner and powerful support for the Contents Protocol project, which will inevitably ensure the success of the project!
TOKENS CONTENTS PROTOCOL
The project has a non-standard division of tokens into 2 types. CPT and CP Power will have different functions.
CPT is a token available for exchange, it will be used to purchase content on the platform, as well as to pay for the work of project participants.
CP Power can not be sold directly, but it gives various advantages to users of the platform, such as free advertising, additional payments and so on.
Tokens are converted in the ratio of 1 to 1.
SUMMARY
The Contents Protocol project has strong advantages over competitors, the main ones are worthy payments to project participants and cooperation with such a powerful partner as WATCHA Corporation. There is no doubt that the project will be a success in the very near future!
WEBSITE: https://contentsprotocol.io
