Cosplay Token (COT): Creating a sustainable environment with Blockchain technology
Source: (Cosplaytoken.org, 2018)
Cure WorldCosplay (CW) has been functioning as a community service for Photographers, Props Maker and the cosplayers in all parts of the world. Cure WorldCosplay operates in more than 180 nations, supporting 720,000 members from 12 different languages. Through the Cosplay Token, the company’s teams are looking to quantify the cosplay trade and improve the impending market value significantly. It aims at improving the markets 5 times the current size. The platform aims at using the blockchain technology to provide the community with easier ways of reaching their financial settlements while defending their copyrights and guaranteeing transparency and trust. This will ensure that the cosplay industry maintain and increase its sustainability while ensuring better rewards to all players participating.
Offering sustainability for over $45bn Industry's
Blockchain offers a decentralized platform and it is the distributed ledger behind COT that verifies and secures each transaction. Blockchain helps COT to ensure transparency and accuracy of data that helps guaranteeing an environment that encourages ecologically positive behaviors. COT strength mainly lies in how Cosplay Token approaches trust and no matter how covetously traders conduct themselves, the blockchain hold on to its integrity and can be trusted although the parties cannot be trusted.
Source: (Cosplaytoken.org, 2018)
Cosplay Token (COT) will be utilized as a payment currency in the Cure World Cosplay bionetwork and it will be helpful to the cosplayers who do not have access to other online means of payment to be tipped for their services. Through the consultation with Bancor, the Cure Protocol will allow the users or the players to distribute or create their own personalized coin.
Source: (Coinschedule.org, 2018)
With the use of the Cosplay Token a distributed, transparent ledger can establish possession that is constructive for fighting corruption and guaranteeing authenticity of products or services as it makes anything traceable. This makes the platform to be safe and secure as it guarantees traceability of the information and data. With blockchain and smart contracts, the players will be able to get their identity that matches up with them to assist them in curbing harassment. Players will also have the opportunity to evaluate each other and thereby guaranteeing fair evaluations. The player’s behaviors and activities will be recorded on the blockchain and thereby ensuring better secure as the blockchain is tamper-proof.
Cosplay Token (COT) is a fee-less and cross-border where anyone can transact or hold tokens even if he/she does not have a bank account or any other means of settlement. COT will give power to players and fans to carry out transactions securely and without difficulty on the Cure WorldCosplay platform. Also, the players can be able to exchange COT with other cryptocurrencies.
To guarantee better sustainability, COT uses the ERC20 wallet that will be used during the ICO and TGE. After the crowd-sale, Cosplay Token will be able to be stored in any ERC20-acquiescent wallet. The players will be able to check their COT balance whenever they login to the platform as the COT wallet will be incorporated in the Cure WorldCosplay platform.
For more information, visit
Website: https://ico.curecos.com/?lang=en
Whitepaper: https://ico.curecos.com/documents/Cure-Whitepaper_EN_V1.1.pdf?t=1518084326
ANN Thread: https://bitcointalk.org/index.php?topic=2821548.0
Twitter: https://twitter.com/WorldCosplayNet
Facebook: https://www.facebook.com/CureCosplay/
Telegram: https://t.me/cosplaytoken
Author: Gitagiajose
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2303447