COSMEE - a platform for taking the true value of beauty to the next level. Connecting customers and companies through a mutually beneficial beauty ecosystem. Contents:
- Description of the blockchain resource COSMEE
- How does the dapp application work?
- Additional information about dapp
Description of the blockchain resource COSMEE
COSMEE's vision - to reorganize information in the beauty industry to create a consumer-centric database and, thereby, develop a new ecosystem that connects consumers with suppliers.
This is why “consumers” face difficulties in finding meaningful information for themselves from a plethora of information and “suppliers” cannot understand their customers fully. The platform creates an ecosystem that is structured to facilitate the smooth flow of value between consumers and suppliers who initially lacked common ground. In this process, the company implements a model that uses tokens to provide liquidity to funds and uses minted tokens to accelerate the reorganization of information into a consumer-centric database.
How does the dapp application work?
If a company uses information, provided or created by customers, information providers are rewarded for using the blockchain in a completely transparent way. What options do you have:
| Exchange of awards | For business models that independently create added value, using such information, both the platform and data providers must share rewards to continue to improve the platform. |
| Ecosystem exploitation | The company's members contribute to the stable operation of the Cosmochain ecosystem by actively and fairly using customer data. |
For this purpose, the company creates and uses two tokens that can work in each of the sectors and an interface that performs the conversion between the two tokens:
- CP (Cosmo Point) is a token, used as a medium of value exchange in the ecosystem, which has a 1:1 value ratio with COSM (Cosmo Coin) and its total supply is the same as COSM;
- COSM (Cosmo Coin) - a token, used on the Market, that can be freely exchanged between users. To use COSM for ecosystem use, it needs to be converted to CP.
For efficient conversion between COSM and CP, COSMEE uses a combination of smart contract and account, called CEC (Cosmochain Exchange Counter). CEC acts as an intermediary bank between COSM and CP and handles the conversion from COSM to CP or CP to COSM at the request of a specific user, followed by the action of sending the desired number of tokens for conversion.
Additional information about dapp
For more information, refer to the White paper of the project. Moreover, you have the opportunity to write to technical support on the company's Twitter channel or in Telegram. They will help you to solve your problem and you will also find out about the upcoming updates, terms of promotions and contests.