Source: https://medium.com/cosplaytoken.
This is my entry for the sponsored writing contest organised by @moworks. The contest can be found here: https://steemit.com/crowdsale/@moworks/sponsored-writing-contest-cosplay-token-win-sbd.
Source: https://cot.curecos.com.
INTRODUCTION
Pugoffka, a Cosplayer and photographer from Ukraine, is planning on posting some of her works on Cure WorldCosplay. Unlike in the past, she is not afraid that she won't be paid because she has a Settlement Account in which she will receive her funds.
Ely, another Cosplayer from Taiwan, who has been creating her own character photo book, is planning on publishing her book with Cure WorldCosplay. Also unlike in the past, she is not afraid that her work will be stolen and she will lose revenues as a result. She knows a system which records copyright records on the blockchain is in place. Therefore, her book is safe.
Welcome to the world of Cure WorldCosplay! Where Cosplayers and followers can now engage with each other freely without fear or favour. The scenarios above are some of the milestones that Cure Worldcosplay has achieved in their endeavor to solve the problems which have beset the Cosplay world. By introducing the Cosplay Token (COT), which is based in the blockchain technology and uses the Bancor Protocol, Cure WorldCosplay is anticipating to resolve a range of these issues with their cutting edge technology.
Source: https://medium.com/cosplaytoken.
PROBLEMS ASSOCIATED WITH THE COSPLAY WORLD
There are five main problems that will be discussed here that face this community:
There is no trust and harassment is rife in this community. Fans and followers tend to forget that there are individuals inside the costumes. Women have been groped and men have been put down for not fitting a particular costume.
The majority of Cosplayers are not paid for their work because they don't have access to a Settlement Account to receive their dues. This have the effect of Cosplayers losing money and the 'profession' being not attractive enough to prospects.
The Cosplay culture can be described as informal at best presently. As such copyright laws are flouted with impunity as the community steals each others work. As a consequence players are losing lots of revenues.
Most Cosplayers put a lot of work and effort to hone their skills. It's very disheartening to see them getting paid peanuts for those efforts and hard work.
The Cosplay community is spread all over the world. But because there is no formal medium of communication to bring all the parts together, there is communication breakdown in events and conventions surrounding cosplay.
Source: https://cot.curecos.com.
CURE WORLDCOSPLAY & COSPLAY TOKEN
Cure WorldCosplay is the company behind the Cosplay Token (COT). The company is currently offering a crowdsale of COT which will end on 01/09/2018 23:59 UTC. The crowdsale will offer investors and the Cosplay community a chance to purchase a minimum of 0.02 ETH which is about 250 COT. There will be an added bonus tier structure when placed in an escrow.
COT is an ERC20 utility standard token that will be distributed as part of the Initial Coin Offering (ICO). It has the following features:
- It will become the defacto currency of the Cosplay economy.
- It will be stored in the COT wallet and integrated into the Cure WorldCosplay platform.
- Subscribers will see their COT balances when they login to the platform.
- Subscribers can send/receive COT within the platform as well as tip players.
- Events tickets will be purchased with COT.
See more features of COT at: https://cot.curecos.com/docs/COT-Whitepaper_EN.pdf.
Source: https://medium.com/cosplaytoken.
COT SOLUTIONS TO THE PROBLEMS
At the initial stage, the Cure WorldCosplay platform will have two different tokens.
- COT - it will be used for settlement of basic currency trades on the platform and utilized as a reserve for the creation of Player Coins.
- Player Coins - This will be individualized personal coins which will be used by players and their followers for payments, incentives, tips and reputations.
- The introduction of COT will ensure that Cosplayers are able to identify users and engage with them using the blockchain technology. This will help to curb harassment which is rampant in the industry.
- COT will be the defacto currency of the ecosystem. The tokens are cross border and without any fees. Players and followers will transact easily on the platform. In addition COT will be exchanged with other Cryptocurrencies.
- Cosplayers work will be protected by copyright laws which will be recorded on the blockchain.
- The Cure WorldCosplay platform will connect users and players. This will give the players the exposure that they need.
- As the platform will be without any international borders, this will create free flow of information and networking which will promote correct and accurate information flow.
Source: https://medium.com/cosplaytoken.
CONCLUSION
COT is backed by a strong Management team. The team has vast wealth of experience in both the Cosplay world and the business world. This team of experts is helped by a team of Advisors and Legal Advisors who amongst them boast years of experience in their respective fields of specialization.
There is definitely no reason why COT can't revolutionize the Cosplay world with this offering. Cure WorldCosplay has brought the technology, it is left to the Cosplayers, fans and the world at large to embrace this technology.
Source: https://medium.com/cosplaytoken.
RESOURCES
Cosplay Token Website: https://cot.curecos.com.
Cosplay Token Whitepaper: https://cot.curecos.com/docs/COT-Whitepaper_EN.pdf.
Cosplay Token Medium: https://medium.com/cosplaytoken.
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