NEW YORK, NY, July 19, 2022 (GLOBE NEWSWIRE) — Chosen One announced its decentralized content protocol launch. The protocol aims to solve dilemmas currently faced by for-profit content platforms and their billions of users. The decentralized blockchain powering content ecosystem aims to put ownership and control of Content in its users’ hands and incentivize content creation. The platform also aims to incentivize user participation by making each user’s contribution valuable.
Talking about the launch and the vision of the Chosen One platform, the director and CEO, Mr. George Green, said, “At Chosen One, we envision building a decentralized digital content-based economy that allows Content to be freely produced, distributed, rewarded, and traded while protecting author rights and ensuring fair incentivization of both the authors and the consumers. We strive to incentivize authentic content creation while transferring the value of Content to users.”
He added, “All accounts created during the launch of the content platform will be used as genesis accounts of the content protocol, getting decentralized identity system and allowing authors to truly own their data which deployed on a decentralized blockchain network. Authors and users will have a fair share of the generated revenue, which will be monetized through the issuance of CSO Tokens, an Erc20-based token distributed to the users or authors in proportion to their earnings.
The CTO of Chosen One, Mr. Alex…
