Content Protocol Project Overview

The blockchain technology although relatively new, is doing exceptionally well in various sectors of the human society with revenues amounting to billions of dollars since it started functioning. Asides from being a ground breaking innovation that seeks to provide solutions to indigenous problems, It has also been a source of income to various users from profits derived as well as ease discovered in itsusage.

As advantageous as it is, it is facing a major challenge of low transaction speed (scalability) due to the gazillion numbers of people utilizing the network at every point in time. This issue has discouraged investors and new people from its further acceptability. This happens because the low scalability will eventually slow down transactions and therefore reducing efficiency.

In an attempt to curb this, several platforms have brought up different ideas all of which only accumulated to 3000 tps. EOS was recently created to battle this issue. After boasting of a scalability levels reaching up to 1million transactions per second, It could only muster up a tps of 100,000 with a lot of stress, when it was put to test.

For the blockchain technology to actualize it's potential, it is imperative that a better alternative be proferred as a matter of urgency. This is why the Karatcoin was designed with software programs and hard ware systems to improve scalability.

Contents Protocol As A Solution

The blockchain technology has erupted from a platform for cryptocurrencies to one that has made tremendous impact in the global space. From cross-border transactions to decentralized outlook to enterprises, the blockchain has played host to unique projects which seek to address pressing issues. To this end, another feather is added to its cap with the coming of Content Protocol.

The protocol seeks to return data to the owners. By virtue of this, inordinate practice of utilizing users’ personal information without consent is quashed. It is also important to note that Contents Protocol is poised to be the first decentralized content ecosystem where data can be created and secured.

Breeding Valuable Data
The hay days when content owners are taken out of the map will be stopped. The project in view promises to make the platform a hunting ground for valuable data. Users who have been discouraged by sidelines in previous platform and content providers who have been cheated out of profits garnered from their contents now have a new home.

Major Players
In the new content system, content providers are vested with the authority of creating and monetizing their contents. Consumers are individuals who purchase contents. They can be persons or establishments that need data to keep afloat. After the “consumption” of content, they drop reviews based on their experience and how useful the data was. Consumers are the primary source to valuable data. Their feedback goes the extra mile in providing the system with information about the content.

There is the ‘Review Aggregator Platform” which accesses reviews from the consumer. The platform is designed to work in categories. For instance, if a consumer accessed music content, the aggregato platform UK-based Last.Fm and American-based AllMusic will take the consumer’s reviews into consideration and afterwards, uses the data in providing recommended contents to other consumers.

Finally, there is the consuming platform. These are physical platforms like Netflix, Spotify and Amazon Prime Video. These platforms will purchase contents from the provider and make it available to their user bases.

By this formation, it is crystal clear that Contents Protocol does not stop at stopping unlawful use of users’ data. The protocol went the extra mile to allow content providers generate income from their data.

Payment Options
There are two (2) distinct aspects of making payments for contents. Consumers can subscribe and access contents in bulk or pay per view (PPV). For the latter, (PPV), a consumer only makes payment for the particular content he wants to access.

Token Sales Information
Ticker: CPT
Token Standard: ERC-20
Token Type: Utility Token
Token Supply: 10,000,000,000 CPT
Exchange Rate: 1 CPT=$0.0015
Tokensale Start: December 17th

Useful Links
Website: https://contentsprotocol.io/
Whitepaper: https://drive.google.com/file/d/1OJizH-oS8yxJgO-RPnUKJQiU45bW4I_5/view?usp=sharing
Telegram: https://t.me/contents_protocol_en
Twitter: https://twitter.com/contents_prtcl

Author Information
Bitcointalk Username: sebastianluv
Profile Link: https://bitcointalk.org/index.php?action=profile;u=2459524;sa=summary
Ethereum Address:
0xBb3ed2A0eb60eEE8c0DbF6D1b74e8b0A21FAb056