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Contentos (COS) hosted its ‘Mastering your creativity with COS’ event at Andaz Lodge in Tokyo as section of a international tour. The event attracted important business executives, which include LiveMe CEO Yuki, Ontology founder Li Jun, Danhua Cash partner Selina, COS cofounder Mick, Blockshine CEO Daniel Zhang, Coinbase chief financial investment officer Ling, Father Japan head Leslie Wu, PhotoGrid head of products Angela, and Cheez head of operations Wang Xinyuang. The meeting also attracted dozens of blockchain enthusiasts from all across Japan, which include community college learners, blockchain builders, and blockchain business owners, to study and better comprehend how COS is creating its long term ecology.
COS cofounder Mick kicked off the event with a keynote speech on the landing and ecological construction of COS programs. Mick said that COS is committed to developing the world’s most comprehensive community chain for digital content with the aim of unifying the value of international content and returning inventive ownership and value to creators and their communities. COS will effectively fix the most significant pain factors that have been plaguing the content business. Independent content creators are not able to leverage their function whilst content platforms and imitators get most of the positive aspects, putting the content business in a vicious circle of copyright infringement and demonetization. COS will use blockchain technologies to fix this business challenge.
Mick also said that content creators, platforms and users have not nevertheless attained the best equilibrium as it relates to the distribution of positive aspects and revenue, a reality that has contributed to the industry’s turmoil. It is typical for agency and network executives to enjoy extra positive aspects from inventive content than the genuine creators. Even higher-excellent content can be complicated to monetize in a reasonable fashion for unbiased creators. Owing to numerous content platforms’ opacity and details asymmetry, it has been complicated to assure creators with their very own pursuits.
Also, soaring opposition in the content business is forcing platforms to pay rates for intellectual home and exceptional content, leaving less value to be handed on to the ordinary creator. The best percentile of popular creators go on to enjoy most of the positive aspects whilst unbiased creators wrestle, a vicious cycle that has nevertheless to be broken. The indicating that “Content is King” has echoed across the business for a long time but excellent content simply cannot be established with no bringing the value again to creators. Due to the fact of asymmetric details, content creators can only voice their doubts but it can be complicated to verify any promises. Whilst blockchain is a value and believe in network, its dispersed ledger assures that the distribution and ownership of content can not be tampered, which can assure the pursuits of the creators to the biggest extent.
In this troubled landscape, COS will convey a new wave of revolution to the full digital content business but COS isn’t just for creators. For platforms and advertisers, participation, collaboration and innovation can also turn out to be extra reasonable and clear in the COS ecosystem. “We will need to provide the full digital content business, whether it’s creators, platforms or advertisers, to maximize the positive aspects,” stated Mick on the long term.
Taking into account the substantial international intake of digital content, COS proposed the iBFT consensus algorithm, which enables each individual node to automatically switch concerning consensus methods based on the network’s transaction volume and resource utilization.
This permits the transaction validation speed to be decreased to less than 3 seconds, and TPS increased to extra than 2,000 when extra throughput is wanted.
Subsequent Mick’s keynote, Angela, the merchandise supervisor of COS partner PhotoGrid, released how PhotoGrid will redefine the value of content by integrating with the COS community chain. PhotoGrid is 1 of the world’s main photo modifying apps with 40 million regular monthly active users and extra than 360 million app downloads. The introduction of the COS move procedure boosted person enthusiasm in the PhotoGrid local community, with numerous users determined to generate and share higher-excellent primary content, which also greatly enhanced person retention. Via the integration with PhotoGrid, COS can circulate in the PhotoGrid ecosystem and truly employ blockchain technologies to better provide the content business.
Small video clip partner Cheez was also joined the event in Tokyo. Wang Xinyuan, head of operations of Cheez, released the app which is usually referred to as the “American edition of Shakedown” and has tens of hundreds of thousands of regular monthly active users globally. Its content pros incorporate collaborations with several best influencers and can take the lead in the limited video clip area. By integration with the COS ecosystem, users can gain COS by looking at, sharing, and publishing limited movies, among numerous other incentivized actions.
“Using COS to encourage users on the platform is both of those contemporary and entertaining,” suggests Wang Xinyuan. The introduction of COS to build a new content incentive procedure has produced interest among content creators and users. Major doing content creators get extra COS rewards and users get COS rewards for sharing the content, a system that is growing person stickiness. In the first thirty day period alone, Cheez doubled its selection of downloads and regular monthly active users.
COS has partnered and built-in with 3 international content platforms, which exhibits that COS is a content community chain with authentic professional value. Information platforms this sort of as LiveMe (stay streaming), Cheez (limited video clip), and PhotoGrid (photo sharing) are reshaping the value of content via COS. The partnership with several higher-excellent content platforms will demonstrate to the planet that the COS community chain technologies has been acknowledged by main content platforms, the international industry is optimistic about the value of COS, and extra and extra higher-excellent content platforms are collaborating with COS.
The event also hosted media attendees from the blockchain business and regular undertaking money circles. Blockchain media which include Cointelegraph, 36 Krypton, Geek Park, White Whale Going Out Sea, Golden Finance, Sanyan Finance, COINVOICE, and Woman’s Block Chain also participated in the event and shared their pro viewpoints. At the conclusion of the meeting, the globally-renowned blockchain publication Cointelegraph executed an on-site interview with COS co-founder Mick as section of a sequence of stories showcasing COS as a promising international blockchain challenge.
The international tour also been given global media coverage from Reuters, NASDAQ, Yahoo Finance, and other authoritative mainstream media in a unique report about digital content community chain COS
Reuters, NASDAQ and other media described on COS
The event was full of massive names, which include industry experts from the blockchain and content industries. Li jun, founder of ontology Selina, partner of Danhua money Daniel Zhang, chief running officer of Blockshine Ella Zhang, chief executive officer of Binance Labs and other attendees also took the phase to share their challenge experiences and prospective clients for the long term of the blockchain business. The attendees confirmed good interest in the content ecology of digital content community chain.
The international blockchain industry is pushed by money, which is mainly mainly because the business lacks sound progress mechanisms. On the 1 hand, the blockchain industry’s current problem simply cannot fulfill the growing requires for every day generation and intake across all industries. On the other hand, the details architecture of the content business is improving day by day, whilst the efficiency of regular infrastructures lag driving. The full business offers an abnormal progress condition of superficial growth, which will require absolutely everyone to shift ahead with plainly described aims.
COS will go on to go after ongoing growth and attempt to return the blockchain business to its essence and rationality. And soon after, the COS will go on to rebuild content value coordinates and launch multi-city speaking panels. In the booming blockchain industry, COS is main the business to make favourable variations.
“We stand now and glance to the long term, and the long term is now.”
Join the COS local community
Chinese local community
WeChat group (Chinese)：Add COS customer support WeChat ID: 17058177389
English local community
Telegram group (English)：https://t.me/ContentosOfficialGroup2
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