Caitong: Seedance 2.0 API officially enters beta testing, focusing on strengthening the advantages of top companies.

Caitong released a research report stating that according to the official WeChat account of Huoshan Engine, on April 2nd, Seedance 2.0 API officially opened for public beta testing for enterprise users. Previously, due to copyright risks overseas, the release of Seedance 2.0 API was delayed. The opening of Seedance 2.0 API will not narrow the gap between small and medium-sized teams and leading companies in the short term, but instead strengthen the content production capacity and quality advantages of leading companies. Key points from Caitong are as follows: Seedance 2.0 API was previously delayed in launching due to overseas copyright risks According to the Seedance 2 API official website, Seedance 2.0 API was originally planned to be released on February 24th this year. However, starting from February 15th, Seedance 2.0 received infringement warnings from several leading overseas content companies, with Hollywood's five major studios issuing separate cease-and-desist notices to ByteDance on February 20th, and the Motion Picture Association (MPA) issuing a cease-and-desist notice on February 21st, referring to Seedance 2.0 as a "systematic tool for infringement". Under the pressure of overseas copyright risks, the release of Seedance 2.0 API was delayed, and ByteDance also promised to add security measures. Although Seedance 2.0 API is fully open, signed top companies still maintain high barriers Before the full opening, Seedance 2.0 API mainly catered to high-demand, high-volume calling leading companies through a signed underwriting framework. Although some customers are allowed to "share orders", the minimum framework scale also needs to reach 10 million yuan/year. After the full opening of the API this time, newly signed basic API users and signed top-tier users enjoy different benefits: (1) different concurrency limits, basic users have a fixed limit of 10 concurrent users, which cannot be increased, while signed customers can reach hundreds; (2) different functions, signed customers have advanced entitlements such as custom virtual portrait library, copyright compliance authorization, real-person portrait authorization, while basic users can only use the platform's public virtual portrait library for derivative works; (3) different financial thresholds, new basic users still need to pay a deposit of at least 1 million yuan (the higher value of 50% of the advance payment or 1 million yuan), and after completing the specified framework tasks within a year, they can gradually release and use the deposit. Risk Warning: AI copyright compliance risks, user growth lower than expected, intensified industry competition, etc.