Contents Protocol is a decentralized premium content exchange protocol on which Content Provider, Platform, and User can sustainably coexist and cooperate.
The current traditional platforms enjoy strong growth due to users consuming the content produced by content creators. However, content creators only receive a small portion of the income that the platform earns. There’s also a lack of transparency in which the revenue is distributed to different stakeholders.
Contents Protocol try to change that by distributing over 75% of the total license fee to the content creators. The platform will only keep 5-10% of the total income, with the rest being distributed to users who consume the content. This way, all the stakeholders benefit from the growth of the ecosystem.
In order to speed up the expansion of the Contents Protocol Ecosystem, the Corporation will launch an open source reference platform for each content category of TV, Music, Comics, and E-Books, reducing barriers for potential content platform operators to do business in our ecosystem.
In the beginning, the Corporation will either develop a reference platform from ground up or acquire an existing platform and convert it to a reference platform.
For a more vibrant Contents Protocol Ecosystem in the early stage, the Corporation, as an accelerator, may either recruit candidates or invest in and/or acquire existing 3rd party platform operators. In order to prepare for a number of 3rd party platforms launched under the ecosystem in the early stage, the Corporation may either recruit and select candidates or invest in/acquire existing platform operators. Serving as an active accelerator, the Corporation will encourage and help these entrants to be part of the ecosystem.
Platforms’ Abuse of Superior Bargaining Position
Despite the content providers’ significant contributions to platforms’ successes, platforms have required the Content Providers to pay for an unreasonably high commission(30-70%) or have favored their own original contents.
Platforms’ Secretive and Unreliable License Fee Payment
Due to a lack of transparency and reliability in their revenue distribution systems, the platforms have taken advantage of ‘black box’ license fee practices, which content providers can only oblige.
Users’ Contribution Exploited
Although users’ voluntary activities including leaving reviews, viral marketing, curating, etc. contribute significantly to the success of the platforms, they are not well compensated in the current ecosystem.
By decentralizing the conventional platform that connects creators and consumers, Contents Protocol enables distribution margin, which used to belong to centralized platforms, to be shared fairly and transparently among the network contributors such as creators and consumers, according to their contribution.
Content providers have two options. With the conventional practice, they can get license fee in fiat via a smart contract, which ensures transparency. When content provider choose to get paid with CPT Token, they can receive license fee on a real time basis, while also getting bonus license fee by staking to platform. Either way, Content providers are benefited from much more favorable license fee ratio.
When users pay for a content, a certain percentage of payment is automatically staked in the content staking pool, which accordingly generates rewards (the earlier, the more). They can get rewarded for just using Contents Protocol Platform, which is operated in the same way as centralized platforms, even with fiat, without having any prior knowledge about cryptocurrency.
Heavy/expert users can have multiple reward streams on the Contents Protocol ecosystem. More CRP will be staked into the content staking pool when the users pay for a content with CPT token instead of fiat and when users want to make an additional staking on promising contents. In addition, users can get additionally rewarded for becoming platform evangelist, reviewing content, curating content and promoting content outside the platform, etc.
Platforms can be operated with little development resources, harnessing open sources such as high-quality platforms and CMS interface. Platform operators receive revenues from the inflation pool. Furthermore, platform operators can start to do their business without having any prior relationship with content providers as the foundation plays a role in connecting with each other.
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Public sale —
Private sale —
31 May 00:00 UTC
Reference platform: WATCHA TV
Reference platform: WATCHA PLAY
Reference platform: WATCHA MUSIC
Reference platform: WATCHA FUN
Reference platform: WATCHA BOOK
Integrated Subscription Service