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Decentralized world wide content material ecosystem, Contentos, has been catching the focus of significant field gamers, getting a multi-million greenback financial commitment from Binance Labs.
Shanghai, China – Contentos, a decentralized world wide content material ecosystem, announces currently a multi-million greenback financial commitment from Binance Labs. Launched by Binance, the world’s major cryptocurrency exchange by buying and selling quantity, Binance Labs is an incubator and social impact fund that invests in prime assignments that are using blockchain technological know-how to change varied industries.
“The thought for Contentos began when I recognized a really serious require for a decentralized content material ecosystem providing clear and truthful monetization of creators’ content material, and no 3rd-party censorship or removing of content material,” claimed Mick Tsai, CEO and co-founder of Contentos. “The Contentos team is thrilled to have the aid of Binance Labs in pursuing our intention to revolutionize the preservation and monetization of digital content material, though working in direction of producing a much more positive ecosystem for all content material creators, influencers, and content material consumers.”
As of now, Contentos is 1 of the to start with open-supply-code blockchains that incorporates content material distribution among its capabilities. Contentos aims to supply a decentralized ecosystem for content material creators to have artistic flexibility and to go away their digital footprint with no the risk of 3rd-party interference. Unlike related assignments building new items and features to adapt to blockchain technological know-how, the Contentos team has presently built-in with a few thriving items, LiveMe, PhotoGrid, and Cheez, and is presently readily available to customers all over the planet.
Ella Zhang, Head of Binance Labs, claimed, “We are committed to determining the authentic use conditions to put into action blockchain technologies. There is a distinct pain-issue to be solved in the content material generation field, and we see Contentos is the proper team with critical means to address the challenge.” By direct investments, collaborations with other field associates, and the Labs incubation program, Binance Labs is committed to encouraging prime BUIDLers leap start out their suggestions and know the total probable of blockchain technologies.
Not too long ago, Contentos also announced partnerships with Ontology and NEO Basis. Contentos’s partnership with Ontology acts as a collaborative energy to use both equally companies’ expertise to broaden on existing blockchain investigation, application improvement, and neighborhood-building. With the NEO Global Money partnership – a subsidiary of the NEO Basis – there will be much more alternatives for Contentos to investigate technological know-how-centered options for developing capabilities. The Contentos team is energized to see that their strategic efforts, hence far, have been positively acquired by a variety of main buyers and prominent figures from the blockchain neighborhood. With their new partnerships and investments, Contentos is self-assured in the path they are headed as they carry on to develop their in depth protocol to encourage the integration of blockchain and social media.
For media inquiries, remember to speak to Jesse Lucas at Melrose PR, (310) 260-7901 or [email protected]
Contentos is a public blockchain challenge exclusively intended and created for the world wide digital content material field. By leveraging blockchain technological know-how, Contentos aims to solve significant worries that centralized content material platforms face currently, this sort of as content material distribution, monetization, authentication, and copyright administration. Contentos seeks to empower creators by monetizing their content material and encouraging collaboration with advertisers, lovers, and other creators as perfectly as satisfying positive contributions to the neighborhood.
About Binance Labs
Binance Labs is a social impact fund and an initiative to incubate, make investments, and empower blockchain and cryptocurrency entrepreneurs, assignments, and communities. Our mission is to address the challenges that matter most to the ecosystem and adjust the planet for the superior.
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