Costentos (COS), is a cryptocurrency based on the Binance Smart Chain network. The goal of the Costentos project is to create a decentralized digital content community where people can freely produce, distribute, reward, and preserve their rights within this community. According to the technical document of Consentos, peer-to-peer income distribution, decentralized traffic distribution, traceable copyright transactions, and an immutable credit system are among the foundations of the project.
Costentos aims to turn the dream of enabling different content creators to interact with each other, distribute their traffic, use their offer rights as they wish, and record all of these on the blockchain into reality.
The project’s roadmap indicates that the transition to the main network will take place in the third quarter of 2020, the main network’s version 2.0 will be released in the fourth quarter of 2020, and a shard extension for the main network will be set up in the first quarter of 2021. At this stage, the test network will also be actively used.
In the second quarter of 2021, data transmission to the main network will take place, and in the third quarter of 2021, the transition from Mainnet v1.0 to v2.0 will be carried out without any problems. The project’s partners include Samsung Blockchain, Binance Chain, Chainlink, Theta, Harmony, TomoChain, KardiaChain, Atomic Wallet, Trust Wallet, Dailymotion, Fleta, and Stream Protocol.
Leading investors in the project include critical names such as Binance Labs, Loopring, NGC, DHVC, and IDG Capital.
What is Contentos (COS)?
COS Coin is presented as the cryptocurrency of this entire ecosystem. Currently based on the Binance network, Contentos Coin will switch to its own network in the third quarter. As of the writing of this article, COS Coin is ranked 444th, with a unit price of 0.01533 dollars. With a market value of 42 million dollars, COS Coin has a supply close to 10 billion, of which only 2.791 billion have been released and made available for use.
The supply of COS Coin will be released to the market according to the steps taken each quarter, and it is expected to be worth over 150 million dollars when its entire supply is released.