Why is Contentos (COS) crypto skyrocketing amid shaky market?

March 21, 2022 07:23 PM AEDT | By Raza Naqvi

Why is Contentos (COS) crypto skyrocketing amid shaky market? — Image source: © Yur4you | Megapixl.com

Why is COS crypto gaining traction?

The surge in the price of Contentos (COS) crypto could be due to the announcement on Twitter that COS.TV is no longer in Beta mode and has launched officially.

COS.TV is a decentralized content platform of Contentos, and it aims to become one of the largest content platforms based on blockchain technology.

Meanwhile, on March 18, the platform had announced that the Official Contentos Discord Server is open, and users can join it.

What is Contentos?

It is a blockchain-based protocol and aims to create a foundation for a decentralized digital content ecosystem to empower advertisers, creators, and consumers.

Contentos aims to become the Ethereum of digital content. According to its whitepaper, the protocol will enable creators to generate revenue without depending on centralized platforms and be able to produce, store, and distribute their content directly.

The COS crypto is the native token of Contentos, and it can be used to pay for services within the network and as a reward to users.

Bottom line

The total supply of COS crypto is 9.9 billion, and its reported circulating supply is 4.01 billion. The market cap of the cryptocurrency is $71.2 million.

The COS crypto is available for trading on cryptocurrency exchanges like Binance, Mandala Exchange, Bitrue, Hotcoin Global, and Gate.io. For crypto investors, it is essential to evaluate the token before investing.

Also Read: What is Celo crypto and why is its price skyrocketing?

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