Cosplay Token (COT) is a SEC-approved cryptocurrency facilitating financial solutions for cosplayers globally. More
| Fully Diluted Valuation | $1.95M |
|---|---|
| 24H Trading Volume | $19,740 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 937.75 M |
| Total Supply | 1.00 B |
| Max Supply | 1.00 B |
| Categories | Entertainment 2 more |
|---|---|
| Founder | Junichiro Kawai |
| Website | cot.curecos.com |
| Socials | |
| Chains | Ethereum Ecosystem 1 more |
| Explorer | Etherscan 3 more |
| Contracts | 0x5ca....14ce8 1 more |
| Name | Pair | OG Score |
|---|
Cosplay Token (COT) is a cryptocurrency founded by entrepreneur Junichiro Kawai, designed to introduce financial solutions to the global digital cosplay market. With over 1 million registered users across 180 countries on World Cosplay, COT aims to play a pivotal role in shaping the economic landscape for cosplayers.
Regulatory Approval and Market Presence:
COT received approval from the Securities and Exchange Commission (SEC) of Japan, enabling its listing on Japanese exchanges in March 2022. This regulatory acknowledgment adds a layer of credibility to the token, potentially expanding its adoption and influence within the market.
Token Utility and Incentive Mechanisms:
One of the primary functions of COT is as a tipping mechanism on the World Cosplay platform. Users can tip cosplayers with COT tokens, introducing a novel way for fans to support their favorite artists. Additionally, the decentralized autonomous organization (DAO) composed of COT token holders establishes an evaluation mechanism for cosplayers, with participants in governance being rewarded based on their contributions.
Staking for Liquidity and NFT Trading Fees:
COT coin holders have the option to stake their tokens, contributing to liquidity provision on the platform. This dual-purpose functionality not only stabilizes the platform but also allows token holders to receive a share of the fees generated from the trading of Non-Fungible Tokens (NFTs).
Future Prospects:
As Cosplay Token gains traction, it provides a glimpse into a potential future where financial incentives and recognition are seamlessly integrated into the cosplay community. The utilization of blockchain technology and cryptocurrency in this context represents a novel approach to support and reward cosplayers on a global scale.
In summary, Cosplay Token (COT) introduces a financial dimension to the vibrant world of cosplay, incorporating regulatory approval, decentralized governance, and staking mechanisms. Its impact on the cosplay economy remains to be seen, as users explore the utility of COT in tipping, governance, and staking within the World Cosplay platform.
Cosplay Token (COT) introduces a novel financial ecosystem for cosplayers worldwide, integrating cryptocurrency tipping, decentralized governance, and staking mechanisms to empower artists within the global digital cosplay market.
Entrepreneur Junichiro Kawai is the founder of Cosplay Token (COT), envisioning a platform that provides financial solutions and recognition for cosplayers globally.
The backers and investors of Cosplay Token (COT) include individuals and entities interested in supporting the growth and development of the global cosplay economy, which includes cosplayers, enthusiasts, and potential investors in the cryptocurrency market.
You can buy Cosplay Token (COT) on MEXC, BTSE, BitTrade, Zaif cryptocurrency exchanges.
