Key Points
- Binance Futures launches COSUSDT Perpetual Contract at 13:00 (UTC) right this moment with as much as 75x leverage.
- Following the announcement, COS tokens’ value surged by 16%.
In an official announcement, Binance revealed the launch of futures buying and selling for Contentos (COS) later right this moment.
The COSUSDT Perpetual Contract will launch at 13:00 (UTC) with as much as 75x leverage.
Binance Futures has been launching numerous perpetual contracts to offer customers with a wider buying and selling choices palette and improve their buying and selling expertise.
Following the alternate’s announcement, the value of COS surged considerably.
COS Price Surges Following Binance Futures’ Announcement
At the second of writing this text, the value of COS is above $0.008, up by 16% prior to now 24 hours.
The token now has a complete market cap of over $46 million.
The group at Contentos has just lately marked an essential achievement. In an X message shared on September 24, they introduced that the Contentos Mainnet had formally entered its sixth yr of operations.
They advised customers to affix them of their journey, as they proceed empowering creators and followers through Web3 and SocialFi.
Yesterday, in addition they revealed an thrilling announcement, that PASS Hunter is coming to their Channel VIP and registration is now open.
What is Contentos (COS)?
Contentos is a decentralized international content material ecosystem and, based on their official web site, the group’s imaginative and prescient is to construct a “decentralized digital content material group that permits content material to be freely produced, distributed, rewarded, and traded, whereas defending writer rights.”
Contentos goals to incentivize content material creation and international range whereas returning the rights and worth of content material to customers.
Key options of Contentos embody the next:
- P2P Revenue Distribution – With a decentralized income system, the creation’s worth of open, clear, and returns rewards straight to customers.
- Decentralized Traffic Distribution – When compensated for his or her work, customers are inspired to share and promote content material to audiences.
- Trackable Copyright Transaction – Blockchain expertise permits copyright authentication and transaction to be trackable 100%.
- Immutable Credit System – Users are liable for their credit score rating; that is calculated based mostly on each single contribution that has been made.
COS token operated on the BNB Beacon Chain (BEP2) platform and because the chain was retired, BEP-2 customary COS tokens stopped circulating in April 2024.
COS tokens are still circulating on the next blockchains:
- Contentos Mainnet (as a local token)
- BNB Smart Chain (as a BEP-20 customary token)
- Ethereum (as an ERC-20 customary token)
