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An Industry With Huge Potential - Introducing Cosplay Token!

An Industry With Huge Potential - Introducing Cosplay Token!

31 Jul 2018 | 3 min read

With an estimated US $17.8 billion spent on costumes and wigs alone in 2017, it's no wonder the global cosplay industry is said to be worth $45 billion dollars and growing at a rate of 15% each year! However, promising industries can have underlying issues. With a lack of settlement accounts, no standardised monetisation method and with trust, safety and copyright issues plaguing the community – Cure WorldCosplay is taking the initiative to transform the industry, for good, and Mo Works have realised their potential.

When you think about cosplay, what comes to mind?

Crazy costumes, superheroes, vibrant colours, anime … Sure!

However, this paints merely a snippet of the whole picture. Cosplayers dress in costumes to role-play characters from movies, TV shows, books, comics and video games. And for enthusiasts across the globe, the challenge of transformation is one they happily accept at various times year-round.

Cosplayers can invest considerable time, money and effort into crafting or commissioning head-to-toe presentations that are one-of-a-kind – from enormous accessories, to facial or body prosthetics, to working electronics or complex mechanical parts. You only have to look at some of the costumes to realise the effort that some people dedicate to the industry.

With an estimated US $17.8 billion spent on costumes and wigs alone in 2017, it's no wonder the global cosplay industry is said to be worth $45 billion dollars and growing at a rate of 15% each year!

So where do Cosplay and Mo Works align?

Promising industries can have underlying issues. With a lack of settlement accounts, no standardised monetisation method and with trust, safety and copyright issues plaguing the community – Cure WorldCosplay is taking the initiative to transform the industry, for good, and Mo Works have realised their potential.

Being the world's largest cosplay platform with over 720,000 members across 180 different countries on worldcosplay.net, Cure WorldCosplay is positioned as the authoritative figure in the cosplay-sphere and is delivering the first Cosplay Token. Furthermore, Mo Works have teamed up with this promising concept to help change the cosplay industry for the better!

By harnessing the power of blockchain technology and using the Bancor Protocol, Cosplay Token (COT) is set to become the de-facto currency of the cosplay economy – and the first of its kind. After surpassing their Softcap goal of 5000 ETH in pre/private sales and raising over 7000 ETH (US $7 mill), their recently launched crowdsale is highly anticipated to resolve a range of issues in the industry. This offers users a system to support, tip and purchase merchandise from their favourite cosplayers, attend events and unlock different opportunities. Cosplay Token is bringing fans and cosplayers together.

At this point in time, Cosplay Token has partnered with industry leaders such as Bancor to implement their protocol into the Cure WorldCosplay platform, discovered a new exchange partnership with QRYPTOS, a cryptocurrency exchange run by leading global fintech company QUOINE, and announced a recent partnership with SelfKey Japan, all in light of their recently launched Cosplay Token Crowdsale.

We're Saving the Best News for Last!

Yes, you read that correctly. The Cosplay Token Crowdsale is officially LIVE and will be running until the 1st of September 23:59 pm (UTC). Not to mention a 10% bonus will be awarded to all crowdsale participants contributing before the 12th of August, on both the QRYPTOS and CURE.COS platforms.

Cosplay Token is shaping up to be a project with huge growth potential, and we're very excited for you to see it flourish! Head to the Cosplay Token website to find out more about their mission, and sign up for updates. You won't want to miss a thing throughout the remainder of the Cosplay Token Crowdsale!

Still have questions about the world of cryptocurrencies and blockchain technology?

At Mo Works Creative Agency, we have full-stack in house capabilities across design, development, marketing and community management. Please get in touch in learn how we fuel company success on the blockchain and beyond!

Topics

mo works

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melbourne

creative agency

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token sale

crypto market

cryptocurrency

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