Misscoin is the world’s first international beauty contest that will be based on the blockchain technology while still complying with the industry’s beauty standards. The platform seeks to eliminate biasness, bureaucracy, and cheating in the selection process of beauty pageants. In doing so, it will make the whole contest fully transparent.
There will be one contest during the summer and another one during the winter. The voting process during the contest will happen solely through the blockchain, which guarantees that no individual person or group can amend the results. All the votes cast or garnered by a particular individual will be accessible to any interested persons.
The contest’s organizers consist of a professional team with a wide-ranging experience in organizing large events and IT projects.
MissCoin ICO Platform Modules
The platform will consist of three modules:
- Interface module – users can sign into the platform using their social media network; this model also contains the contest participants personal cabinet and their token wallet. Voting and viewing of a participants interface is also through this module.
- Module of distributed data storage – all the votes and user data is stored on this module
- Analytics and statistics module – displays all the movement or activity of a token.
Any activity or transaction on the platform or during the contest such as voting will be done using the MISSCOIN token. The token utilizes the Ethereum blockchain, which will allow smart contracts on the platform that will make the token truly transparent and decentralized. Each token will hold one vote. In order to vote for participants, one has to buy the tokens using the mobile or web application connected to an internal fund. The tokens will be used to purchase the tickets for the beauty contest. The tokens can also exchange on different platform.
Benefits Of the Misscoin
The platform will have numerous advantages for both the investors and the participants.
For the investors
The growing value of the tokens is a guarantee of profits to investors. This follows the continuous voting process that will ensure the token is always on demand and thus raising its value.
- The contest will provide an equal chance for all girls to participate in the contest without going through the long procedures or the bureaucratic obstacles.
- The platform has a user-friendly interface that makes it easy for participants to register and take part in the contest.
- There will be cash rewards for participants in the first, second, and third positions. The top 100 participants will also get rewards.