Recently, San Francisco Blockchain Week (SFBW) was grandly held in San Francisco, USA. This SFBW invited many well-known exchanges, public chains, blockchain KOLs and media platforms from around the world to participate. COS, as a world-renowned content public chain, was invited to attend this event. During the entire Blockchain Week, many global media reported in depth on the content public chain COS. With the details of the cooperation being displayed to the outside world, the entire COS content ecosystem is being presented to global users. We will witness this great cooperation with millions of COS fans.
Binance Labs’ strategic footprint expands again
Binance Labs is positioned as a "research institute + incubator + ecological fund". The blockchain projects it invests in are mainly aimed at the most important problems and challenges that affect the industry's progress: scalability, decentralization, privacy, security and compliance. Therefore, it pays more attention to four major areas: basic public chain, decentralized exchange, custodial account/wallet/payment, stable currency, derivatives investment/security token trading platform.
Labs has now invested in four projects, namely the cryptocurrency MobileCoin, the high-performance public chain Oasis Labs, the smart contract defender Certik, and the compliant crowdfunding platform Republic.
Looking at Binance Labs's selection of investment projects, it is actually very cautious. Every time it targets the leading players in the industry, they complement each other's strengths. If you want to get warm or have doubts, you can find them here: ZJ0306120
The first project: MobileCoin is dedicated to developing a fast, private, and easy-to-use cryptocurrency.
The second project: Oasis Labs is a smart contract platform that integrates security, high scalability and privacy protection.
The third project: CertiK can provide the most competitive large-scale verification services to ensure the security of smart contracts and blockchain systems.
The fourth project: Republic is an SEC/FINRA-registered investment platform that offers token sales and equity to non-retail investors;
This time, the addition of the content public chain COS will undoubtedly supplement the investment ecology of Binance Labs in the field of content public chain.
Co-founder Mick Tsai attends Binance Labs event
What is the appeal of COS?
The investment in Binance Labs’ content public chain COS can be analyzed in detail from the following three points.
First, the content industry must add blockchain
The content industry is an industry with a trillion-dollar market size, but the industry has two major pain points that seriously restrict the healthy development of the industry: First, the centralized platform has a near-monopoly position in traffic distribution and content value assessment, which makes it impossible for truly high-quality content creators to obtain due benefits, and the platform becomes the ultimate beneficiary; second, it is difficult to protect intellectual property rights, and plagiarists plagiarize the fruits of labor of content creators at almost zero cost and obtain huge profits. The two are in parallel, causing the entire content production industry to decline in a vicious cycle.
Blockchain has a natural decentralized attribute, which allows all participants in the content industry: creators, platforms, users, etc. to form a virtuous cycle of interest sharing and reasonable distribution of income. The decentralized model of blockchain + content is the general trend. In the future, the decentralized content creation and sharing model will be a new opportunity and will be able to reshape the traditional content generation and sharing model.
Since its inception, COS has been determined to become the world's number one content public chain, committed to building the world's most extensive digital content public chain, unifying the value of global content; and becoming a chain that carries everyone's digital creation.
Digital currency purchases are the trend of the future, especially for the content industry, which is naturally suitable for digitalization, and blockchain technology will make heavier models such as financial payments lighter.
Secondly, COS has natural advantages in the content + blockchain model
In the early stages of blockchain development, the industry is inevitably mixed with good and bad. At this time, the original intention of a blockchain project is very important. Whether it is truly doing things and has a blockchain project team with technology and ecology determines how far it can go and whether it can gain recognition in the industry and the trust of users.
The COS project has built a high-performance blockchain infrastructure for the distributed digital content industry and designed a variety of easy-to-use smart contract templates for global content producers. The five core values of blockchain technology are established: identity authentication, content copyright, user credit, smart contracts, and storage mechanisms to solve four major industry pain points: digital assets cannot be confirmed; industry prices are not transparent and income distribution is uneven; traffic is commercialized and user needs cannot be matched; and there is no useful reputation system.
As the world's leading digital content public chain, COS's strategic partners have more than 60 million monthly active users and more than 100,000 content creators worldwide. It is also the world's first blockchain project with both products and users.
Finally, the complementarity between COS and Binance Labs
This time, Binance Labs strategically invested in the content public chain COS. It is not only that Binance Labs chose COS, but also that COS chose Binance Labs.
COS fully meets the investment requirements of the Binance Ecosystem Fund: long-term value investment, belief in the industry, insight into the project, and active participation in blockchain technology innovation.
Ella Zhang, CEO of Binance Labs, said that among the projects strategically incubated by Binance Labs, the design of technical architecture, the design of incentive mechanism, and the scale of the community are the most important factors for Binance Labs, and the content public chain COS is very satisfactory in all aspects. Binance does not need help to find investors, and the projects selected by Binance will definitely not have difficulty in financing, because they must be top entrepreneurs.
The global influence of blockchain and virtual currency is still too small. Binance Labs hopes to work together with early practitioners to enhance the global influence of blockchain. Therefore, it joins hands with the content public chain COS to fully support the COS content public chain technology development and global community building.
To sum up, it is not difficult to find out why COS is favored by so many high-quality investment institutions in the industry.
There has been a lot of good news about COS recently. On September 12, COS just received strategic investment from NEO Global Capital (NGC). Recently, it has also received support from Binance Labs.
With the help of Binance Labs, COS will not only be able to make further progress in technology development and global community building, making the COS ecosystem more complete, but also in the long run, COS will gradually complete the upgrade and improvement in content public chain technology development and global community building, which will profoundly change the content industry, and promote the interconnection between various content sections with solid blockchain underlying technology and a complete and rich ecology. Let the creators of high-quality content get more benefits, so as to create more high-quality content, so that the content market will move towards a positive cycle and become more prosperous.
In short, Binance Labs’ investment will help COS build a complete global community, integrating hundreds of millions of users of fans in China, Japan, the United States, Latin America, Southeast Asia, Europe, and COS strategic partners (LiveMe, Cheez, PhotoGrid, etc.), to form a distributed community with a complete self-circulating ecosystem, thereby laying a solid foundation for the long-term development of COS and the construction of the entire ecosystem.
