Binance Labs to invest in blockchain platform Contentos

Victoria SavchukOctober 2, 20180
Binance-Labs-Contentos

Blockchain incubator Binance Labs has claimed that it is going to invest “several millions of dollars” (the exact amount of money is not disclosed) into the decentralized project about digital content Contentos.

“We target at spreading the real cases of blockchain usage. There are many problems in the sphere of content creating, and we can see that Contentos has gathered a good team with all necessary resources for their solving,” the Binance Labs CEO Ella Zhang marked.

Contentos also plans to improve the digital content market, as well as to change monetization, authentication and authors’ rights management. Today the project has launched three products: LiveMe, PhotoGrid and Cheez.

Previously Contentos announced its partnership with Ontology and NEO.

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Victoria Savchuk