Home Business Showcases Binance Labs made a multi-million dollar investment in Contentos decentralized content ecosystem

Binance Labs made a multi-million dollar investment in Contentos decentralized content ecosystem

Contentos, a decentralized global digital content ecosystem, announces today a multi-million dollar investment from Binance Labs. Binance Labs is an incubator and social impact fund that invests in top projects that are using blockchain technology to transform diverse industries.

 

“The idea for Contentos began when I noticed a serious need for a decentralized content ecosystem offering transparent and fair monetization of creators’ content, and no third-party censorship or removal of content,” said Mick Tsai, CEO and co-founder of Contentos. “The Contentos team is thrilled to have the support of Binance Labs in pursuing our goal to revolutionize the preservation and monetization of digital content, while working towards creating a more positive ecosystem for all content creators, influencers, and content consumers.”

As of now, Contentos is one of the first open-source-code blockchains that includes content distribution amongst its capabilities. Contentos aims to provide a decentralized ecosystem for content creators to have creative freedom and to leave their digital footprint without the risk of third-party interference. Unlike similar projects building new products and features to adapt to blockchain technology, the Contentos team has already integrated with three successful products, LiveMe, PhotoGrid, and Cheez, and is currently available to users around the world.

Ella Zhang, Head of Binance Labs, said, “We are dedicated to identifying the real use cases to implement blockchain technologies. There’s a clear pain-point to be solved in the content creation industry, and we see Contentos is the right team with critical resources to solve the problem.”

Through direct investments, collaborations with other industry partners, and the Labs incubation program, Binance Labs is committed to helping startups jump start their ideas and realize the full potential of blockchain technologies.