Introducing Cure WorldCosplay and the Cosplay Token
Cosplay is a hugely popular hobby in which participants create and wear costumes to represent characters of their choosing. These characters can come from a variety of different places, such as games, anime, TV shows, comics and films. Cosplay as a market has been growing rapidly. Now, Cure WorldCosplay is here to build the world’s largest cosplay platform utilizing blockchain technology.
But hold on, what does cosplay have to do with blockchain? Cosplay has exploded over the last few years and revenue has increased across the board thanks to social media, and also the growth of Twitch, Steam and Comic-con. the industry is worth about US$45 billion! There are now stars within cosplay who make a living doing what they love. But with growth come challenges.
Cure WorldCosplay has identified issues of community transparency and revenue distribution. The Cosplay Token (COT) strives to become the currency of choice within the cosplay ecosystem so that cosplayers can receive tips for their work when they do not have access to conventional online payment methods. COT will be built on Distributed Ledger Technology that will allow for complete transparency throughout the cosplay scene — increasing identification, evaluation and trust between community members.
The team behind COT will use the Bancor Protocol for the Cure WorldCosplay Platform, which will allow participants to create their own custom COT currency. This will mean players can easily monetize themselves by creating their own personalised Cosplay Player Coins to be used within their own ecosystem. These coins can be created by individuals if they lock up a certain amount of their own COT in a reserve. The newly created personalised coins derive value based on how many are bought, and they can be freely traded back for COT.
The COT ecosystem will provide the cosplay community with globalised information, increasing the transparency substantially. Smart contracts will be used to improve revenue distribution and management. Participants will also be able to receive valuable feedback and market insights that will help them improve their work.
Cure WorldCosplay has a huge market, and has its own social network with around 700,000 users from across the globe, sharing millions of images between them. The platform has more than 400,000 social media followers in total across Facebook, Weibo and Twitter, and the Cosplay Token project has over 200,000 telegram members.
We are excited to be hosting the Cosplay Token crowdsale on our ICO Mission Control Platform on QRYPTOS. The crowdsale will begin on July 29th! The QRYPTOS private sale is running from July 29 to August 11. The public sale is running on QRYPTOS from August 12 to August 25.
