The crypto industry is one of the sectors advocating for the rights of content creators. We can see that in the advocacy for web3. So, it is taking a new turn with the creation of a new cryptocurrency named the Contentos Coin. This token wants to revolutionize the whole landscape.
Contentos Coin Is Set to Help Content Creators Out
- For those who are observant about the crypto market, one of the things that is constant is how everything is about traders. So, there’s a new crypto in the market that wants to change how things work in the market. One of them is the Contentos Coin, which wants to include content creators in the realm of the crypto market.
- It is a crypto token operating on the Binance platform. So, the main intention of this token is to create a digital space for content creators so they can earn massive profits. Let’s dive more into how the Contentos Coin works.
What is the Contentos Coin?
- The Contentos Coin is a crypto project that aims to change a lot of things in the crypto industry. So, it campaigns for the inclusion of content creators in the crypto industry. The thing is that there are a lot of challenges content creators are facing
- One of them is that most content-creating platforms make significant cuts. So, this leaves content creators with only a portion of their rewards. Another thing is that there’s a lack of copyright protection for many content creators. So, all these make it hard for content creators to benefit fully. This is what the Contentos Coin project is aiming to change.
- First, they want to create a decentralized income system. Here, all the payments are made transparently and directly to the content creator. So, content creators can share and promote content they like in exchange for certain rewards. Secondly, the use of blockchain technology ensures copyright authentication. So, it will also ensure transaction processes are traceable. Basically, this token wants to give power to content creators over their content.
Overview of the Holders
- According to recent data, a lot of things are going quite well for the Contentos Coin. So, the number of people holding on to this token shows that a lot of people believe in it. According to data from Coinmarketcap, more than 90% of those holding this token within one year are Hodlers. So, only a meager over 1% of the people holding this token are traders.
- Moving on, the only downside about this token is that a lot of those holding it are whales. So, according to data, as many as 96% of those holding this token are whales.
Conclusion
Contentos Coin is a crypto project that wants to change a lot of things for content creators. So, it wants to do this by creating a decentralized platform where content creators take charge of their content. This will help reduce the rate of piracy and increase earnings.
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The information provided in this article is for informational purposes only and should not be considered financial advice. The article does not offer sufficient information to make investment decisions, nor does it constitute an offer, recommendation, or solicitation to buy or sell any financial instrument. The content is opinion of the author and does not reflect any view or suggestion or any kind of advise from CryptoNewsBytes.com. The author declares he does not hold any of the above mentioned tokens or received any incentive from the company.
