Binance Invests “Millions of Dollars” in Contentos

[kreslik.news]

Contentos – a digital media company – announced this Tuesday that it has secured investment from Binance, a Tokyo-based cryptocurrency exchange. Neither company revealed the exact figures involved but, in its statement, Contentos said the investment was worth “millions of dollars.”

Founded earlier this yearby Mick Tsai, Contentos aims to develop what one could describe as a blockchain YouTube. Effectively, it aims to provide a more streamlined and transparent reward system for content creators.

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There is some irony in the fact that the company claims current business models mean video ... (read more)