Cosmochain aims to reorganize information in the beauty industry into a consumer-centric database and create new value by connecting consumers with suppliers. To realize its vision, the platform will build an ecosystem, a structure that facilitates a smooth exchange of values between consumers and suppliers who initially did not have points of contact. In this process, the project implements a model that uses tokens to provide liquidity of funds and uses minted tokens to accelerate the reorganization of information into a consumer-oriented database.
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Economy dapp of the Cosmochain application
Platform users can use tokens as a means of exchanging value between ecosystem players. When designing a token economy, the first step - to make sure that it is actually used in transactions.
Cosmochain's priority - to build the structure of a virtuous cycle by realizing the flow of funds between two key players in the beauty industry, from flows that already exist to others that have not materialized yet. How does it work:
| Removing barriers | The platform uses blockchain for token and data related areas. To ensure the availability it needs, Cosmochain strives to eliminate or minimize these barriers to entry by complementing hard-to-access features with service-level features. |
| Protection | In the process of implementing the ecosystem, the confidential information of individual players or information with data values should not be publicly disclosed. The number of tokens, purchased by consumers, and the details of payment of marketing fees will be managed internally to ensure confidentiality. At the same time, Cosmochain will increase trust in the inflow, outflow and circulation of funds by developing a structure that can transparently disclose the flow of funds across the entire ecosystem. |
Rather than striving for a perfect solution right away, Cosmоchain seeks to improve its token model by adjusting in line with changes in the scale of its ecosystem.
More about the Klaytn platform
For more information, refer to the WP project or social networks:
In the channels of the platform, you will find information about sweepstakes, promotions and discounts. You will be able to chat with other users, find new friends and learn about the tricks and nuances of working with this application.
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