COSPLAY TOKEN-The Platform Built With Blockchain Technology

cratortouch (31)in #blockchain • 7 years ago

Cosplay Token helps in building global Cosplay Platform Tokenized Ecosystem with Blockchain Techology. Cure WorldCosplay’s Vision is to have a sustainable development of Cosplay Eonomy.

As the world’s largest Cosplay platform, we have a strong emphasis on providing community service which is characterized by self-sustainability and development. Cosplayers have various motivations for their activity, as some Cosplayer want to become a professional, while others want more fans, and yet others are looking for sharing their work with group. Photographers and Props Makers working closely with Cosplayers also have some influence on the increasing diversify of their motivations. The enthusiasm of fans who support them are also on the rise, and Cosplay Economy is attracting attention as a market.

Token Mechanism

In Cure World Cosplay (CW hereafter), two types of tokens known as Cosplay Token（COT）and Cure Player Coin（CPC）will be circulated.

COT will function as Utility Token in CW ecosystem. COT has two functions in effect:

① Settlement：basic currency for trades within CW.
② Reserves：utilized as reserve for token newly issued by Player (CPC, described later) and will function to secure CPCs’ values.

CPC is token used for creating added value by each participating Player themselves and facilitating economic activity. Anyone on Cure can issue CPC freely, so tokens of various values both high and low will be circulating on CW. To solve the issue of liquidity of such tokens, CPC is a smart token by nature.

In Smart Token, the issuer provides required Reserve, and can issue token freely using dedicated smart contract. And since issued tokens’ price, total supply, and required reserve will be calculated automatically at the time of buying and selling (settling), token-related demands will never stagnate.

Cosplay Token (COT) Token Sale