Finance:Cosplay Token

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Short description: Cryptocurrency

Cosplay Token is a cryptocurrency developed to accommodate cosplay communities worldwide and the use on Decentralized applications (dApps).

It is named with the word "cosplay", a keyword commonly used around the globe to signify dressing up as a character, and "token", a word synonymous to "crypto-asset" and “cryptocurrency” enabling distributed transactions and entailing various potential uses.

The currency symbol of Cosplay Token is "COT". It has also been approved and listed in the white list by Japan's Financial Services Agency and is also a listed cryptocurrency in Japan's crypto-exchanges.

Timeline

  • Official release of COTv1 in Mar, 2018 based on the Ethereum Network ERC 20 Standard.

-Jan, 2018 Release of Cosplay Token White Paper v1

-Mar, 2018 Release of Cosplay Token v1

-Jul, 2019 Listed on LiquidGlobal (COTv1)

-Sep, 2020 "World Cosplay (ja)" Became a Dapp with MyEtherWallet (MEW) installed

-Feb, 2021 Study on NFT concept began

-Aug, 2021 Affected by hacking at Liquid Global

-Dec, 2021 Hardfork performed.[1] Listed on Bittrex.

-Jan, 2022 Launch of COT Polygon Network. Listed on QuickSwap.

-Mar, 2022 Release of Cosplay Token White Paper v2

-Mar, 2022

  • White-listed by Japan's Financial Services Agency.[2]
  • Listed on Zaif/Sakura Exchange BitCoin [3][4]
  • A launch of the β version of DApp “Curecos” allowing in-app use of COT[5]

-May, 2022 Listed on bybit [6]

-Jun, 2022 Launch of DApp “Curecos” allowing in-app use of COT [7]

-Sep, 2022 Listed on Huobi Japan [8]

Characteristics

  • Highly evaluated for its rapid hardfork action during the hacking suffered by Liquid Global.
  • Regarded as a credible project since it has passed Japan's listing approval review – the strictest in the world.
  • On Curecos, cosplayer Kasyou Rosiel (ja) has recorded a sales record of 428 NFTs of her own cosplays (107,000COTs, equivalent to about JPY450,000 ※based on the rate on 13th Sep).[9]

See also

  • An list of Japanese agencies(Japanese): No.38(COT), ERC-20 token and listed cryptcurrency at Japan national exchange
  • Cryptocurrency

References

  1. Notice regarding hardfork "Cosplay Token(COT)のハードフォーク実施のお知らせ" (in Japanese). 2021-12-05. https://info.worldcosplay.net/ja/archives/37264. Retrieved 2023-04-11. 
  2. Manual about cryptocurrencies available for transactions and summary on cryptocurrencies "取扱暗号資産及び暗号資産概要説明書" (in Japanese). 2022-12-06. https://jvcea.or.jp/cms/wp-content/uploads/2022/12/20221206.xlsx. Retrieved 2023-04-11. 
  3. COT transactions to begin trading "コスプレトークン(COT)の取り扱い開始" (in Japanese). 2022-03-11. https://sebc.co.jp/202203cot-2/. Retrieved 2023-04-11. 
  4. Cryptocurrency Cosplay Token (COT) newly available for transactions "暗号資産コスプレトークン(COT)の新規取扱い決定について(2022年3月3日)" (in Japanese). 2022-03-03. https://corp.zaif.jp/info/13918/. Retrieved 2023-04-11. 
  5. General release of β version of NFT service “Curecos” allowing paid support with cryptocurrency “Cosplay Token (COT)”. Cure Co,.Ltd. (2022-03-22). "仮想通貨『コスプレトークン(COT)』を使って応援ができるNFTサービス『Curecos』β版が一般公開!(2022年3月22日)" (Press release) (in Japanese). Retrieved 2023-04-11.CS1 maint: unrecognized language (link)
  6. [COT Listing Commemorating Campaign]Let's divide up the coin pool of up to 1.6 million COT! "【COT上場記念】賞金プール総額160万COTを山分けしよう!(2022年5月9日)" (in Japanese). 2022-05-09. https://blog.bybit.com/ja-JP/post/cot-now-live-on-bybit-grab-a-share-of-the-1-600-000-cot-total-prize-pool-jp-bltdc50056f29c0b034/. Retrieved 2023-04-11. 
  7. Cosplay culture going global, with the official launch of NFT service “Curecos” on 29 Sept (Wed) enabling new revenue generation and building up of DAO amid WEB3.0 (in Japanese)Cure Co,.Ltd. (2022-06-22). "世界のカルチャーになりつつあるコスプレ。WEB3.0におけるデジタルでの新しい収益やDAO化に向けてNFTサービス『Curecos』の正式版を6月29日(水)にローンチ(2022年6月22日)" (Press release) (in Japanese). Retrieved 2023-04-11.CS1 maint: unrecognized language (link)
  8. Notice regarding the beginning of trading of COT (Cosplay Token) (in Japanese) Huobi Japan (2022-08-30). "フォビジャパン、COT(コスプレトークン)の取扱い開始に関するお知らせ" (in Japanese). https://prtimes.jp/main/html/rd/p/000000152.000037450.html. Retrieved 2023-04-11. 
  9. 1st Cosplay NFT Sales by Kasyou Rosiel Recorded 428 pcs of Sales.Rosiel: “To Further Contribute to Cosplay Culture via NFT!”Cure Co,.Ltd. (2022-09-14). "全力応援キャンペーンにて展開した火将ロシエル初のコスプレNFTが428枚のセールを記録!本人コメント「NFTを通じて、コスプレ文化の更なる発展へ!」(2022年9月14日)" (Press release) (in Japanese). Retrieved 2023-04-11.CS1 maint: unrecognized language (link)

External links

  • Curecos(ja): SNS for cosplayers with their followers
  • World Cosplay(ja): SNS for cosplayers with their fun clubs


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