Event Category: ICOs
The Cosplay Industry is estimated to be worth an incredible $45 billion dollars and is growing at a rate of 15% per year. With a lack of settlement accounts, no standardised monetisation method and with trust, safety and copyright issues plaguing the community – Cure WorldCosplay have taken the initiative to transform this industry we are passionate about, for good. Cosplay Token is the Cure!
Being the world’s largest cosplay platform with over 720,000 members across 180 different countries on worldcosplay.net, Cure WorldCosplay is positioned as the authoritative figure in the cosplay-sphere and is primed to deliver the first Cosplay Token.
By harnessing the power of blockchain technology and using the Bancor Protocol, Cosplay Token (COT) is set to become the de-facto currency of the cosplay economy. All copyright records will be stored on the blockchain and allow revenues to be allocated via Smart Contracts, meaning COT can also be placed into a reserve by holders to create their own Cosplay Player Coin. This offers users a system to support, tip and purchase merchandise from their favourite cosplayers, attend events and unlock different opportunities.
Cosplay Token is creating an accessible way for anyone to monetise their passion for cosplay or simply support their cosplay idols. Any cosplayer can create their own coin that can be used as an external, tradable cryptocurrency, whilst also providing sustainability for the $45 billion dollar industry. Cosplay Token is ensuring a fairer, safer, and more accessible cosplay ecosystem for all!