Contentos announced December 14 the shutdown of COSTV and Channel VIP
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AT A GLANCE
Contentos said it will shut down COSTV and Channel VIP, and users must convert before December 1 the deadline COSTV wallets.
Article
Contentos will terminate its COSTV and Channel VIP operations,December 14 shutting them down completely
PANews September 24 reported that the decentralized content public blockchain Contentos stated in a post that it will terminate operations of its video creator platform COSTV and SocialFi products Channel VIP. The shutdown process will begin on December 1 and will be fully closed on December 14. Users must convert their December 1 before COSTV wallets to self-custodial wallets.Contentos mainnet,COS Swap, and COS mainnet wallets will continue operating normally.
Contentos stated that it will terminate operations of COSTV and Channel VIP services.
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The shutdown process will begin on December 1 and will be fully closed on December 14.
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Users must, before December 1 convert their COSTV wallets to self-custodial wallets.
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Contentos mainnet,COS Swap, and COS mainnet wallets will continue operating normally.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
COSTV and Channel VIP will soon stop providing services. Users holding COSTV wallets must convert them to self-custodial wallets managed by themselves before the stated deadline; this shutdown does not include Contentos mainnet,COS Swap, and COS mainnet wallets.
Why it matters to readers
COSTV Wallet users face a clear action deadline; those who need to continue managing their wallets should follow the conversion requirements and monitor the shutdown progress.
If you use COSTV wallets, this message directly concerns you; “self-custodial wallet” means a wallet held and managed by the user.
Risks and unknowns
The materials do not include the Contentos original official announcement.
The article does not specify the year corresponding to the shutdown date.
The article does not provide specific wallet conversion steps, the scope of support, or the consequences of failing to convert on time.
The article does not explain COSTV or Channel VIP alternative arrangements after the shutdown.
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Related concepts
Self-Custody Wallet
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