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Global Decentralized Content Ecosystem Contentos To Join Binance Chain

Crypto enthusiasts never have a dull day as there are always interesting partnerships emerging to the surface. The latest partnership was announced between Binance Chain and Contentos. The latter took to the micro-blogging site Twitter to spread the word about it joining the leading crypto exchange Binance’s native blockchain network on 17th June 2019.

The update was then confirmed by Binance too as it posted a tweet welcoming Contentos to its platform.

Contentos is a decentralized content blockchain ecosystem that enjoys a global presence. It caters to the community of digital content creators across the world with a mission to solve the challenges faced by them in the centralized, traditional content platforms including content distribution, copyright management, and monetization through the use of blockchain technology.

Having more than 60 million active users on a monthly basis, Contentos is looking forward to exploring an infinite future and scope of the decentralized content blockchain ecology through its collaboration with Binance Chain.

To divulge more details, the content blockchain issued an official blog post on Medium on the same day. The blog stated that this collaboration would require the Contentos platform to undergo a massive system upgrade so that the necessary changes can be easily implemented.

While this process will be going on, all the token withdrawal activities through the Contentos.io platform would be suspended until the issuance of further notice. The blog also assured all those who presently hold ERC-20 COS tokens saying that the upgrade won’t affect them at all.

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David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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