About CONTSK
CONTSK is a billing mechanism with which Bitcoin and Ethereum are used to pay for content usage, such as video games, movies, music, and manga. It is a blockchain-based technology that allows you to use content in exchange for payment, even without having a payment platform.
Current Problem
Today, charging for content requires a billing platform. However, since construction of billing platforms is complex, content creators can only distribute their contents through large platforms. There was also the problem of double payment occurring where a user purchased the same content from different in platforms. Moreover, copied contets are distributed online, robbing monetization opportunities from copyright holders.
What CONTSK Will Realize
Thanks to CONTSK technology, there is no longer a need for a traditional centrally managed payment platform for content usage. CONTSK has made it possible to embed payment and content usage permissions functions into the content itself. For that reason, as long as you are online, settlement via BTC or ETH is guaranteed with zero downtime, no matter where a certain piece of content is used. A record of which users have paid for what content is stored permanently in the blockchain, and problems such as paying twice for the same piece of content can be avoided. Complicated types of billing are also possible, such as payments
that are billed in a set period, monthly payments, and payments for items inside the games.
Even if content is copied and distributed, CONTSK will remain embedded in the copied content. Therefore, even if the content is a copy, payment to the content creator (copyright owner) for the use of the content is permanently secured.
BREAKTHROUGH PROFIT DISTRIBUTION
CONTSK can distribute profits to stakeholders at the same time as settling content charges. Revenue from use of content settled by CONTSK will be distributed as follows: When settlement is done by CONTSK, the amount is immediately distributed to that content's stakeholders.
JAPAN, ASIA, GAMES AND ADULT VIDEOS
CONTSK sets Japan and Asia as important strategic regions from the standpoint of Bitcoin's high penetration rate, advanced efforts being made with digital content, penetration of affiliate culture, and market size. In addition, we have already established strategic partnerships with six major digital content distribution companies in Japan, and they have decided to begin using CONTSK starting this year. Partner companies will be announced gradually.
Also, the initial content strategic partners to implement CONTSK into will be games and adult videos. The largest adult content distribution company in Japan has decided to participate, and you can expect a vertical launch.
You can also expect that games and adult videos will be created and sold by individuals.
Token Release Plan
The maximum number of CONTSK tokens (CONTSK-T) that will be issued is 10,000,000 CONTSK-T. The total volume of tokens issued are locked by contract, so this upper limit will not change in the future. The upper limit to be issued via presales will be 3,000,000 CONTSK-T, which will also be locked. The baseline price of CONTSK has been set with a valuation of 1 CONTSK-T = 0.012821 ETH, upon mutual agreement with our partners. We are able to peg the rate to Ethereum because we are purchasing Ethereum put options at 1 ETH = 296 USD based on our planned ICO release volume. Please see
the white paper for specific details about the release plan.
Bounty Campaign
We have Twitter, blog and Facebook bounty campaign. For detail please see
this page.
Strong Team
Our team is distinguished by the combination of technological and business acumen our members bring. While the abilities of the tech team that built this framework are undeniable, the contributions of our business team are also immeasurable. They made this technology attractive and led us to practical implementation by identifying technological trends, attracting major partnerships, and so much more.
CONTSK is comprised of a decisively international team with members from Singapore, Hong Kong, Dubai, and the U.S. We have a total of 23 core members based in Hong Kong and Dubai. For detail please see
white paper.
