COOL — The Coolest Token in Crypto Market, mining by Smoking = Wealth

Foreword

As we all know, the block chain has developed rapidly in recent years and is recognized as another revolution after the emergence of the Internet. Numerous companies embrace the block chain, and blockchain entrepreneurship projects emerge one after another, but they all share the same consensus, claiming that they can solve the pain points of a certain industry or field, so as to better serve the society.

But these blockchain projects, which claim to solve the pain points of the industry, have not shaped the revolution, but have gradually become bleak. In 2019, the value and concept of the blockchain once again became prominent. The landing project became the final form of the blockchain. The future blockchain must be combined with the industry. The real enabling entity is suitable for many scenarios and solves different industries. There is a pain point problem.

The world’s first blockchain electronic cigarette COOL

COOL’s world’s first blockchain e-cigarette, equipped with smart chips, and the mobile APP together to build an NB-IOT IoT platform. In addition to intelligence, COOL also attaches great importance to the style and color of the appearance of electronic cigarettes, as well as the taste and feel of users, and believes that only when comfortable and comfortable, will have a good mood, and will have a healthy and happy life. Therefore, every electronic cigarette of COOL carries the product concept of “born for the user”.

The core of COOL blockchain e-cigarette is to establish a decentralized NB-IoT IoT platform with users and e-cigarettes, as well as e-cigarette manufacturing service providers through the 5G Internet of Things era.

COOL will transform the general e-cigarette platform of the decentralized IoT platform into a blockchain e-cigarette, allowing e-cigarette users to manage their own health through COOL DApp, social health to pay attention to the health of family and friends, and master e-cigarettes. The latest technology and applications, directly in the DApp built-in mall to buy or redeem the latest products, or the incentives to get the Token in the DApp built-in wallet, or COOL transactions through the exchange.

The coolest Token in the coin

For the first time, COOL turned smoking into mining and established a revolutionary incentive mechanism that would redistribute the value of externalities created by the entire ecosystem and return it to all ecosystem contributors through COOLToken.

COOL Token is generated by the user’s use of the product. As the COOL system will continue to expand due to its excellent technology, products, services and value sharing concepts, the number of users will continue to grow. COOL is the embodiment and carrying of the value of the entire platform. Therefore, COOL holders can directly obtain rewards for the platform based on the reward mechanism.

COOL can be used to pay for the purchase of the corresponding products and services on the platform to deduct cash payments. When the average user is using, the COOL can deduct up to 50% of the price of the purchased product, and the COOL paid to the platform will be uniformly revoked by the platform.

The COOL platform will set a reward mechanism to award COOL holders based on the profit of the platform in the current season. The amount of rewards cannot exceed 20% of the platform’s current profit. The specific method of reward is determined by the platform. Holding COOL not only can get the rewards based on the reward mechanism, but also get more privileges and incentives than the average user of the platform. Depending on the number of COOLs held and mortgaged on the platform, users can be upgraded to different levels of users by ordinary users.

COOL decentralization technology

Support a variety of new tobacco economic models through decentralized services. COOL’s technical architecture can be roughly divided into three layers: blockchain layer, decentralized service layer, and application layer.

Block Chain

The blockchain layer is the cornerstone of the decentralized credit network, and the COOL-IoT blockchain is maintained by thousands of nodes in the network. All nodes can automatically store and process user information under the premise of decentralized node control, and reach a consensus on the consistency of processing results. The blockchain layer also provides a smart contract system. With the smart contract mechanism, the blockchain system can flexibly process data in the network according to specific business needs.

Decentralized Service Layer

The decentralized service (ICOO-DService) layer is equivalent to the “intermediary software” of the blockchain and upper-layer applications. ICOO-DService consists of a number of basic smart contracts running on blockchain nodes and provides a variety of smart contract templates for advanced applications. Developers can flexibly develop on these templates without having to worry about the implementation details of smart contracts. User data from the upper application is passed to the smart contract via ICOO-DService, which is then processed by the nodes of the blockchain network. Through the above smart contracts, the upper application will face flexible and complex business logic. Later, it will provide richer and more compatible features to achieve full support for the new tobacco economy.

Application Layer

The application layer will host a variety of intelligent atomization applications, such as smart medicinal nebulizers, smart CBD nebulizers and more. With the increasing functionality of COOL-IoT, it will be able to attract more products in the future to create a complete new tobacco economic ecosystem.

COOL Ecological A nalysis

For the first time, COOL turned smoking into mining and established a revolutionary incentive mechanism. Users can get the Token reward for COOL ecosystem by using COOL electronic cigarette. Incentives are motivated by smoking to increase the user’s participation rate. At the same time, as the user grows, the COOL ecosystem will be further expanded. The implementation of the incentive model ensures the effectiveness and scalability of the COOL ecosystem through the following factors.

1. COOL will be generated when participants “sell and share and trade”, rather than simply “owning” assets;

2. The use of feedback participants will increase participation rates and stimulate transactions in the global new tobacco economy. This will lead to an exponentially increasing network effect that will drive the global construction of the COOL ecosystem.

Analysis of future potential of COOL

As the world’s first blockchain e-cigarette, COOL is bound to be a subversive product that can be mined by smoking to produce COOL Token.

Analysis from smokers

E-cigarette as a healthy life concept is a manifestation of the progress of human civilization. There are nearly one billion smokers in the world, but there are very few smokers who smoke electronic cigarettes. In the developed countries and regions, e-cigarettes have already ignited a wave of new economy and healthy life. The health concept of e-cigarettes has gradually penetrated the pursuit of the majority of smokers, and the pursuit of a healthier life by users who pursue a healthy lifestyle. The new tobacco economic wave driven by the way and better life experience.

Real Landing Project

Smoking can truly achieve asset-winding, real-life projects based on value system innovation, and application projects. This is the final form of the digital economy.

Smoking is mining

For the first time, COOL turned smoking into mining and established a revolutionary incentive mechanism. Users can get the Token reward for COOL ecosystem by using COOL electronic cigarette. Incentives are motivated by smoking to increase the user’s participation rate.

COOL is About Online 99Ex

The first blockchain e-cigarette, first of all, is that the scene is easy to reach; secondly, the pass-through incentive is easy to achieve, smoking can get points; finally, high-frequency consumption, including consumables, the product repurchase rate is very high, so that you can ensure A steady stream of profits is shared with users, motivating them to continue to use and share.

E-cigarette is a market with 1 billion smokers. It is also a manifestation of a healthy life. Through smoking and mining, it generates a certificate of reward to motivate users. The project is destined to be feasible.

In the future, COOL will land on the 99Ex digital asset trading platform. 99Ex will help the COOL project to land quickly and help COOL to create an ecological scene for e-cigarettes.

Future

Blockchain technology can solve various pain points in the society, and select the blockchain model project to better empower the entity and promote industrial transformation. Like COOL, adhering to the “technology + data + business model + application scenarios + social pain points.” Through the exploration of the blockchain model, it is a steady development of the blockchain project.