Costentos (COS) is a cryptocurrency built on the Binance Smart Chain. The aim of the Costentos project is to create a decentralized community where people can freely create, distribute, reward, and protect their digital content. According to the project’s technical documentation, person-to-person income distribution, decentralized traffic distribution, traceable copyright transactions, and an immutable credit system form the foundation of the project.
Costentos aims to facilitate interaction among different content creators, enable them to distribute their traffic, utilize their copyright rights as they wish, and record all of these activities on the blockchain.
According to the project roadmap, the mainnet version 2.0 will be released in the fourth quarter of 2020, and a shard expansion for the mainnet will be established in the first quarter of 2021. Testnet will be actively used during this stage.
In the second quarter of 2021, data transfer will take place between the mainnets, and a seamless transition from Mainnet v1.0 to v2.0 will be achieved in the third quarter. The project has notable partners such as Samsung Blockchain, Binance Chain, Chainlink, Theta, Harmony, TomoChain, KardiaChain, Atomic Wallet, Trust Wallet, Dailymotion, Fleta, and Stream Protocol.
Key investors in the project include Binance Labs, Loopring, NGC, DHVC, and IDG Capital. COS Coin is currently based on the Binance network, but it will transition to its own network in the fourth quarter of 2020. At the time of writing, COS Coin is ranked 444th with a unit price of $0.01533. It has a market value of $42 million and a circulating supply of approximately 10 billion, with only 2.791 billion released and available for use.