With Blockchain Technology
Market of online content and VOD market has grown year over year. The Global Video on Demand Market was valued at USD 56.26 billion in 2017, and is relied upon to achieve a value of USD 93.99 billion by 2023 at a CAGR of 8.93%, during the forecast period (2018-2023).
But there are some problems in industry content such as monopolization of “data” by the large or influential Platforms, data is vital and need in the content industry, but the trust issues between the participants is still not solved yet, so here the Content Protocol integrated between.
Contents Protocol’s :
- mission is to convey new value to this industry with the blockchain technology, by utilizing existing expertise and relationship within the content industry.
- The new routine with regards to "remunerating the shoppers for their contribution ".
- Contents Protocol already has established business association with the mainstream content providers and an existing service of a huge consumer base.
- Contents Protocol pursues mass appropriation of blockchain technology and token ecosystem, bringing the new paradigm to the users.
- the blockchain network will fulfill the requirement for advantageous and transparent payment in the license fee settlements.
Contents Protocol Corporation
“Contents Protocol Pte. Ltd.”, a company consolidated in Singapore, issues the token and continues with token deal. To this end, Contents Protocol Corporation will:
- Develop and operate reference platforms consecutively for each content classification, for example video, music, electronic books, and comics.
- share source code of its platform with third party platform candidates from different countries. Candidates who operate third party platforms, may launch their platform using the source code as is or modify some functions indicated by their market circumstance and business abilities. That movement utilize an insignificant expense.
- will invest in or gain other existing organizations to acquire reference platforms and third-party platform operators more rapidly.
- provides third party platforms with business for example, content supplier associations, promoting, and specialized help, for example, coordinated improvement condition and Content Management System(CMS) preparing.
- plays a role in revising and altering arrangements and heading of Contents Protocol
Reference Platform
WATCHA
With Watcha Play, clients can watch boundless spilling of motion pictures and TV program. Dispatch in 2016, and the application has been download on 2.5 million. What's more, it has established a partnership with Samsung Electronics.
With around 60 content providers with: Hollywood Content Providers, for example, Disney, HBO, Sony Pictures, Fox Network Group and BBC Worldwide, MBC, JTBC and CJ E&M.
Behind Watcha Play is Watcha, Inc. that operating Watcha, Watcha Play, Watcha Music, and Watcha Webtoon for 7 years in Korea and Japan and currently has 4.5 million members. Watcha has gotten "Best App of the Year" grants on the Korean Apple App store or potentially Google App store each year since 2013. Watcha Play has been granted Best App of the Year by Google Play in 2016 and Best App of the Year by the Apple App Store in 2016 and 2017.
Onboarding Contents Protocol
The partnership includeWatcha would be providing review data as review aggregator platform, and Watcha Play would be providing consuming data as consuming platform.
Contents Protocol Corporation allocates business development budget and and works convention to build interest for Data Dashboard until the new item and business are on the rails.
If users want to receive compensation, they need to download and integrate the cryptocurrency wallet provided by Contents Protocol.
Users who leave ratings and comments during the reference period would be compensated.
Consuming compensation : users who watch content on Watcha Play during the reference period would be rewarded.
When users provide quality data (for example, through the advanced critic mode), the weight value is applied to the contribution formula, and the compensation would increase.
License Fee Settlement
Two traditional payment methods:
a. Pay Per View (PPV)
A PPV model refers to when consumers purchase content by each unit in the platform service.
Subscription Model
b. User can get a subscription model refers to unlimited content streaming for a set period of time
Some Benefits of Content Protocol:
Token Model
Contents Protocol’s token model planned in an approach to amplify the aggregate advantage the total benefit of the ecosystem by encouraging the dynamic commitment of all the participants.
Contents Protocol Token
The Contents Protocol separates the tokens into CPTs and CP Powers to guarantee liquidity and strength of the two tokens.
• Immediate Conversion with a 1:1 proportion CPT CP POWER
• Conversion with a 1:1 proportion
• a month bolt up
Contents Protocol (CPT )
CPT is the fundamental of token in the ecosystem. It can be used as the “data usage fee” for all kinds of data provided in the ecosystem.
CP Power
CP Power is a special form of CPT and it can be converted from CPT.
Activation of CP Power
CP Power holders can activate CP Power for boost Compensation and advertising Content
Incentive System
There are three payment types for data usage: one-time payment for raw data, periodic payment for API provided by data suppliers, and purchase of access to Data Dashboard for a specific time period.
Cryptocurrency Wallet
User in Content Protocol need create an account and wallet with cryptocurrency wallet application in order to receive their payment or compensation.
Advanced Critic Mode
With Advanced critic mode, consumers can comment or rate the movie and they will receive compensation for their contribution.
Reward Program
There is a reward program for user’s first experience. CPT will be distributed based on accumulated review data from Watcha users and consuming data from Watcha Play users.
PARTNERS
TOKEN ALLOCATION
TEAM
Complete Team https://contentsprotocol.io/#members_section
For more information you can click here:
Website : https://contentsprotocol.io
Whitepaper : https://drive.google.com/file/d/1OJizH-oS8yxJgO-RPnUKJQiU45bW4I_5/view
Twitter :https://twitter.com/contents_prtcl
Telegram :https://t.me/contents_protocol_en
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