Long-term Burning Plan for COS Tokens
Contentos Foundation has many exciting upcoming plans for this year.
As Contentos CEO Mick Tsai recently mentioned, we are planning to participate in the Polkadot Ecosystem, and also have plans to develop cross-chain NFT income opportunities for our creator community and to expand the global reach of Contentos. In addition to these big plans for the year, we are constantly looking to provide more value to the Contentos global ecosystem and our community supporters.
To bring value to our community, we launched Contentos community reward campaigns such as loan services for our mainnet ecosystem rewards “VEST” and Binance Staking for COS tokens. All of these products sold out within minutes. According to our principle of providing more value to our supporters and investors and after taking a look at our current token circulation, the Contentos Foundation would like to announce the following:
- We will launch VEST loans as a core service this year, which will allow users to easily participate in the Contentos mainnet and experience the benefits of contributing to the Contentos Ecosystem.
- We will “burn” all the BEP-2 COS collected from the VEST loan services and other future planned services to continuously reduce the circulation of $COS tokens.
In line with this decision, the 675,777 BEP-2 COS tokens collected from the New Year VEST loan events were burned today.
Finally, COS.TV, the blockchain content platform created by the Contentos Team is planning to create more MCN partnerships and is currently looking for more global MCN partners, especially in the US and Latin America. For those interested in our MCN services, please contact our business team! Join us as we bring blockchain to the world!