Binance Labs to Invest in Contentos
Binance Labs, an eco-fund under Binance, made a joint announcement with public chain Contentos (COS) on September 29, 2018, that it will invest in COS to support the latter’s technical development and global community building.
As the world’s leading digital content chain, COS aims to build the world’s most widely used public chain for digital content, and by unifying global content value, all global creators can be involved to create content and gain profits generated therefrom.
RatingToken, a world-renowned blockchain rating agency, once rated COS as one of the world’s most promising blockchain programs. With its cutting-edge blockchain solutions and profound global experience, COS has maintained a long-term and strong partnership with LiveMe, Cheez, PhotoGrid, and other content platforms in terms of content infrastructure.
Following Danhua Capital (DHVC) and Ontology, Binance Labs has become another powerful addition to COS’s investors list. Being one of the world’s first professional investors to be active in the blockchain ecosystem, Binance Labs adopts a demanding program rating system. Binance Labs values the technical architecture, incentive system and community behind each project when deciding whether to invest, and Contentos fulfilled their expectations.
Binance Labs has gained a presence in several segments of the blockchain, such as the cryptocurrency MobileCoin, the high-performance public chain Oasis Labs, the smart contract security auditor Certik, and the regulation crowdfunding platform Republic. The partnership with COS marks a significant milestone in Binance Labs’ focus on the global public blockchain.