Do you like cosplay? If you do not what cosplay it, the word comes from “costume play” which literally means dressing up as a way to have fun. People from all over the world dress up like characters that they like from animes, videogames or other media. That is cosplay. But what if someone were to mix up cosplay and blockchain technology?
Read our review about the Cosplay Token COT and find out.
What is the Cosplay Token COT?
The Cosplay Token COT is the name of the biggest online cosplay community in the world right now. The platform already has more than 720,000 members from over 180 countries and it supports 12 different languages. The company states that it has more than 6.5 million images on its servers.
The community sometimes struggles to monetize its services and from this issue, the idea of the Cure Cosplay Token, a new token to be used in the payment of the services made on the Cure Cosplay platform, was born.
Cure Cosplay already has a plan that spans from 2018 to 2019 about how to make the upcoming Cure Cosplay app and the Cure Cosplay Token successful.
Junichiro Kawai, CEO of the Cure Cosplay platform, is the head behind the Cure Cosplay Token. He does not have experience with the blockchain technology but has plenty of experience with cosplay and with the community.
How Does the Cure Cosplay Token Work?
The main goal of Cure Cosplay is the creation of a sustainable “cosplay economy”. The company wants to enable its users to use the site for more than only posting photos. In the future, they will be able to buy things through the site and pay them with the Cure Cosplay Token.
The major problems that Cure Cosplay finds in the cosplay scene are that it is hard to monetize cosplay, so it has developed this token to help in the sharing of content and monetization for cosplayers. The blockchain technology also helps with the transparency issue, making everything more transparent and easier to solve.
In this system, the cosplayers will have new ways of revenue to continue their work and the community will grow and get more motivated, while the users will have the unique experience of seeing more custom content and investors will be able to get their return on investment with the rise in the price of the tokens that will be sold during the sale.
How to Invest in Cosplay Token COT?
To invest in this company, you will have to buy its Cure Cosplay Tokens. You can do this during the Initial Coin Offering (ICO). The token sale will go from March 1 to March 31 and you will only be able to use Ethereum to pay for the Cure Cosplay Tokens.
You will be able to buy 1 Cure Cosplay Token (COT) for 0.0001 ETH and the hard cap will be reached when 1,000,000,000 COT tokens were sold. Most of the profit from the sale will be used on operational costs to improve the site and make it better, 20% in development, 10% in marketing, 10% in bounties and 10% in legal fees.
The Cosplay Token COT ICO Verdict
Is the Cure Cosplay Token the next cryptocurrency that you have to acquire? That is hard to say with certainty because it depends a lot on you. This is not a very bad investment, but there are many others on the market, so you would have to be a cosplayer or a cosplay fan for this to be an excellent investment for you.
Because of this, if you do fit in these categories, you should invest in this company, but if you do not, then maybe Cure Cosplay Tokens are not the right choice for you. You have to think about it before you actually buy them and decide for the best option for you.
We can say that the company seems very interesting and with plenty of potential for growth, but the final decision has to be yours. If you did not like Cure Cosplay, you can always find other interesting investments on our blog.