Contentos' strategic investment institutions jointly announced to maintain lock-up to support ecosystem development.

The strategic investors of Contentos (COS) include NEO Global Capital, IDG, and Matrix Partners China, collectively announcing that they will lock up a total of 317 million COS tokens until June 2020 to support the further development of the Contentos content ecosystem.

Contentos was founded in March 2018. Co-founder and CEO Mick Tsai has persisted in long-term value amidst the noise. With the dual-track strategy of "public chain development and ecosystem expansion," the mainnet is expected to launch on September 25. Contentos has reached ecosystem partnership agreements with over 20 top blockchain projects worldwide, including TomoChain, NEM, Harmony, and MixMarvel.

Contentos has been listed on Binance. Congratulations and support have been expressed by Cheetah Mobile, Ontology, LD Capital, Blockshine, Node Capital, and LiveMe. Strategic investors such as LD Capital China, IDG, and WeLight Capital have announced that the tokens will remain locked until June 2020, demonstrating substantial support for COS in advancing the content industry with blockchain technology.

LD Capital China, a renowned investment institution in China, has successfully invested in companies like Cheetah Mobile, Didi Chuxing, Ele.me, and Momo. IDG Capital has invested in top global blockchain projects like Coinbase, Ripple, Circle, imToken, and Klaytn, and has successful cases in traditional internet industries such as Tencent, Baidu, iQIYI, and LiveMe. WeLight Capital has successfully invested in startups like KLOOK, Guazi, and Missfresh.

To ensure transparency regarding the locked COS tokens of strategic investors, these COS tokens will be stored in the following wallet addresses:

• bnb1gu3x67txmw7qnu5dhufj4v59u3m4qtzc3w4uum
• Previously unlocked 158,333,333 COS tokens have been transferred from the Foundation custody wallet to the locked address.
• Another 158,333,333 COS tokens will be transferred from the issuing address to the locked address.

In fact, as stated in a previous Contentos official blog, tokens of strategic investors have been held in the Contentos Foundation, hence the circulating COS tokens have not decreased. The breakdown of unreleased tokens is as follows:

• Foundation reserve 18.68%: Unlocked 35% starting from 12/31/2019
• Team 15%: Unlocked starting from 6/20/2020
• Advisors 0.5%: Unlocked starting from 6/20/2020

Unreleased tokens also include 40% of the 4 billion tokens released for the ecological reward system and initial launch reward, which will be distributed over 12 years as shown in the image below:

The locked tokens account for 3.17% of the total supply. Since the announcement, COS has risen by 13.60%, ranking 183rd in market capitalization.

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