Cosplay Token

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Cosplay Token (COT) ICO Review

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Cosplay Token is a decentralized social networking platform that is putting users privacy and satisfaction as its first priority. It is an innovative approach towards transparent and independent means of user data ownership, reward on ads and free of speech. It is the first get paid to content creation and sharing ecosystem that leveraged OCR token payments for its reward system.

Essential Information

Ico TimeUnknown – Unknown
Token NameCosplay Token
Token SymbolCOT
WhitepaperView Whitepaper
Website LinkHome
Price1 COT = 0.04 USD
PlatformEthereum
CountryHong Kong
Restricted areasJapan, USA, China

More about Cosplay Token (COT) ICO:

Cure WorldCosplay is the world’s largest Cosplay platform, supporting 12 languages, more than 720,000 members from 180 countries and 6.5 million (and counting!) images. The Cosplay Token (COT) will be used as a payment currency within the Cure WorldCosplay ecosystem, helping cosplayers without access to online payment methods be tipped for their content. The real value is created in the Cure Protocol – players will also be able to create and distribute their own personalised coin with COT. This unique feature will bring power back to cosplayers and enable them to monetize themselves easily among many other benefits.

Cure WorldCosplay is the world’s largest Cosplay platform, supporting 12 languages where more than 720,000 members from more than 180 countries post their quality works – 6.5 million images and counting. Our official social media accounts are followed by more than 430,000 people across Facebook, Twitter, and Weibo. We have a strong emphasis on providing community service which is characterized by self-sustainability and development.

COT will be used as a payment currency within the Cure WorldCosplay ecosystem, helping cosplayers without access to other online payment methods to be tipped for their services. The Cure Protocol is also being developed.

Using the Cure Protocol, players will also be able to create and distribute their own personalised coin. This unique feature will bring power back to cosplayers, enabling them to monetize themselves as these coins can be used to tip players as well as purchase merchandise or event tickets. Player Coins will provide an accessible platform for cosplayers to promote their identity to the continuously growing 720,000 member-base of Cure WorldCosplay, as they will be directly attainable by fans. These coins will also allow cosplayers to develop deeper relationships with their communities, as users will be able to explicitly show their support while also gamifying their experience.

Cure WorldCosplay will use the Bancor Protocol to offer both the CosplayToken (COT), and personalised Cosplay Player Coins to create individual ecosystems for cosplayers.

COT will be used as a payment currency within the Cure WorldCosplay ecosystem, helping cosplayers without access to other online payment methods to be tipped for their services.

As a smart-token, COT can also be placed into a reserve by holders to create their own Cosplay Player Coin. An example of this would be the popular cosplayer Kazumi Noomi reserving COT to create a KazumiNoomiCoin (KNCOT) for her fans. These fans can trade KNCOT for COT or vice versa, with the value of KNCOT based on how much KNCOT has been bought. This can be done by any holders of COT.

Cure WorldCosplay (CW) has been operating as a community service for cosplayers and those around them (Photographers, Props Makers etc.) all over the world. We are a multi-lingual platform supporting 12 languages where more than 720,000 members from more than 180 countries post their quality works, 6.5 million images and counting. Our official social media accounts are followed by more than 430,000 people, interacting with users worldwide every day.

We have a strong emphasis on providing community service which is characterized by self-sustainability and development. Cosplayers have various motivations for their activity, some Cosplayer want to become professional, others want more fans, and yet others are looking to share their work with groups. Photographers and Props Makers working closely with Cosplayers also have some influence on the increasing diversity of motivations. The enthusiasm of fans who support them are also on the rise, and Cosplay Economy is attracting attention as a market. However, regardless whether in Japan or overseas, cosplayers, photographers, prop makers and users alike have challenges and roadblocks. For the sustainable development of the Cosplay economy, we need measures to meet and resolve them.

The Cosplay Market

The cosplay industry has exploded open over the last ten years, and while most players take part for their own enjoyment, many spend great amounts of money participating. According to China Research and Intelligence (CRI),the estimated amount spent on costumes and wigs in 2017 was 17.8 billion USD (including cosmetics and fabrics to create outfits). However, this amount is expected to be far greater when you consider the additional costs involved, such as event tickets, photography fees, travel and accommodation, plus many other expenses. On top of this, according to Eventbrite, 59% of attendees will spend a further $100-$500 on merchandise at events, with 10% spending over $500 per show.

The Anime, Comic, Film and Game industries hold a total market value of more than 180 billion dollars

Although the cosplay market is yet to be specifically quantified, it is approximately worth 25-50 billion dollars, and is continuing to rise steadily (since 2010, it has increased by 15%). However, we believe the potential market could be far greater—currently, the Anime, Comic, Film and Game industries hold a total market value of more than 180 billion dollars, and while much of these audiences share values with our players and users, cosplay is not as easily accessible to them due to issues within our industry. By resolving these problems, we believe we will enable a far greater audience the opportunity to participate in cosplay.Through our Cosplay Token, we are looking to quantify the cosplay industry and boost the potential market value dramatically, up to five times the size. By providing the community with an easier way to reach financial settlements, while protecting their copyrights and ensuring trust and transparency, we can ensure that players are properly rewarded for their services and increase the sustainability of the cosplay industry.

Perfect for Cosplayers

Using the Cure WorldCosplay ecosystem, players will be able to create and distribute their own personalised coin. This unique feature will bring power back to cosplayers, enabling them to monetize themselves as these coins can be used to tip players as well as purchase merchandise or event tickets. Player Coins will provide an accessible platform for cosplayers to promote their identity to the continuously growing 720,000 member-base of Cure WorldCosplay, as they will be directly attainable by fans. These coins will also allow cosplayers to develop deeper relationships with their communities, as users will be able to explicitly show their support while also gamifying their experience.

Diversity efforts

As a platform with members from all around the world, we hope cosplay supporters will use our space to come together. However, we recognise that in order to appreciate other cultures, we need to work with people from other cultures, so we plan to encourage people from the globe to apply for volunteer and part-time roles with Cure WorldCosplay, and work with our Japanese team remotely.

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