Ho Chi Min Metropolis, Vietnam, sixteenth November, 2022, Chainwire
AMOR SHOP, a meals retailer in Ho Chi Minh Metropolis, Vietnam, not too long ago introduced that it’ll settle for COS tokens as a substitute of fiat foreign money for retailer purchases and that it’ll use the decentralized audio and video platform COS.TV to promote merchandise, transferring from bodily retail to e-commerce. That is anticipated to extend the use circumstances of COS tokens and draw curiosity from the Vietnamese cryptocurrency group.
AMOR SHOP is a meals and snack grocery retailer. Along with promoting many branded snacks, the foodie founder Hold Nga is dedicated to creating her personal model of meals merchandise. Hold Nga is a loyal COS.TV person and arranged advertising and marketing actions with the COS.TV group. For instance, AMOR SHOP ran a marketing campaign the place creators that made movies of the AMOR SHOP branded product “Sichuan Rooster Floss” and uploaded it on COS.TV acquired the hen floss merchandise at no cost.
This occasion was acquired warmly by the COS.TV group, and dozens of movies from Vietnamese creators have been uploaded onto the COS.TV platform. Along with this occasion, Hold Nga introduced that COS tokens could be accepted by the shop as a substitute of the Vietnamese Dong and that COS tokens may very well be used to purchase AMOR SHOP’s merchandise. All product costs are denominated in Vietnamese Dong, and fee is made via the Contentos mainnet pockets. It has been lower than a month since AMOR SHOP started accepting COS tokens and greater than ten orders have been paid for utilizing COS tokens. By means of COS.TV, AMOR SHOP has remodeled from a brick-and-mortar retail meals retailer with solely two staff to a Net 3.0 e-commerce enterprise. Hold Nga stated, “We settle for COS tokens for product purchases as a result of it’s simple to commerce, and it’s our hope that COS will get higher and higher.”
Hold Nga, a feminine entrepreneur, joined COS.TV a few 12 months in the past. At first, she uploaded movies educating folks to cook dinner and joined the COS.TV Vietnamese group. She stated, “COS.TV has created a really actual group for me; although I haven’t met most of the members, I really feel near them. I acquired a variety of assist from “COSers”, and we additionally shared many content material creations with one another. I launched the current marketing campaign with the hope that everybody can strive my new product at no cost, and hope that extra folks will get pleasure from the advantages of COS.TV.”
Different customers on the platform are additionally enthusiastic about this success case. Tran Quang, a self-professed “COSer” believes, “COS.TV is a spot for startups and younger folks to advertise merchandise.” Contentos Vietnamese Neighborhood Supervisor Hai Trung stated, “The Vietnamese group has a robust basis and the group often organizes actions independently to alternate information about blockchain expertise. Along with connecting folks studying about blockchain, COS.TV connects many professionals, similar to artists, creators, newcomers, and startups. For retailers and corporations, blockchain expertise can be utilized to assist them market and promote services, and COS.TV has turn out to be the very best channel for enterprises to enter Net 3.0.”
COS.TV is a platform that mixes digital asset administration instruments and Web3 video distribution. Based on the ideas of blockchain decentralization, COS.TV encourages customers to work together on the platform to earn ecosystem reward tokens or “Watch to Earn”. On COS.TV, the excellence between “followers” and “KOLs/companies” is blurred, and every person has extra rights and may get pleasure from extra advantages than in different platforms.
The Contentos Basis entered Vietnam in 2018, and the COS.TV group has been rising constantly with sturdy development in 2021. Ever since COS.TV entered the Vietnamese market, many Vietnamese cryptocurrency lovers have been sharing and creating movies via the COS.TV platform, and have fashioned a number of creator guilds to assist one another. This group is the true worth behind the COS token and has laid a robust basis for Contentos and improved the boldness of the worldwide Contentos group. The Contentos Vietnamese group has grown into a serious a part of the Contentos ecosystem and presently runs greater than a 3rd of the block producing nodes on the Contentos mainnet.
Along with constructing the COS.TV group, Contentos has been working by itself Metaverse, COS.SPACE, with the aim of making a extra full on-line expertise for creators. CEO Mick Tsai not too long ago revealed that the COSverse on-line launch occasion shall be held on COS.SPACE on the finish of the 12 months, and a restricted variety of core customers shall be invited to the occasion.
About Contentos Basis
The imaginative and prescient of Contentos is to construct a decentralized digital content material group that permits content material to be freely produced, distributed, rewarded, and traded, whereas defending creator rights. Contentos strives to incentivize content material creation and international range and return the rights and worth of content material to customers. A decentralized video platform, COS.TV is constructed on high of the Contentos mainnet, which now serves over 1 million international customers month-to-month around the globe. Creators can earn not simply block rewards with their movies however may obtain direct assist from followers by way of watching adverts or sending Gifting Votes. These income fashions generate revenue for creators and the COS.TV platform identical to adverts on YouTube in the present day.
In 2022, Contentos launched a roadmap to construct a metaverse round content material creation and consumption. Beginning with COS.SPACE “digital actual property”, Contentos’ metaverse shall be a spot the place COS.TV customers can create their digital dwelling expertise.
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