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Cosmochain (COSM)

ICO

Cosmochain is a Business-to-Customer platform that connects cosmetics products consumers and content creators to cosmetics companies.

IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

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Overview

Project industrySocial Network & Communication
Product typePlatform
FoundedHong Kong, 2017
WhitepaperCosmochain White Paper Open
OnepagerCosmochain Onepager Open

What is Cosmochain

The cosmochain ecosystem comprises three different asset classes: two tokens managed by the blockchain (Cosmo Coin / Cosmo Power) and a third in-platform index (Cosmo Level) for expressing the contribution level within the platform.

  • Cosmo Coin is the primary medium of economic activity and exchange within the Cosmochain platform. To companies, Cosmo Coin is used as a means of payment for utilizing various solutions within the Cosmochain platform. To individual users, Cosmo Coin is used as a means to purchase Cosmo Power necessary for in-platform activities, and acts as a medium of exchange to convert Cosmo Power acquired from activities into other currencies.
  • Cosmo Power can be obtained by conversion from Cosmo Coins or through community contributions (e.g. posting reviews, upvoting and downvoting posts), and it represents level of contribution to the platform.
  • Cosmo Level is an indicator and measure of a user’s contribution to the Cosmochain community. Cosmo Level is determined by the total amount of Cosmo Power accrued in the allotted time window.

From a user's perspective the platform has five key features:

  • Social media / Community platform. Users are able to upload and view content, while other users can vote, write comments or repost to their personal pages. Each uploading of content is regarded as a contribution to the Cosmochain platform and responses from other users will be evaluated automatically by an internal algorithm, which will decide how much Cosmo Power or Cosmo Level will be rewarded
  • Participating in company-sponsored projects. In addition to the basic information provided by platform participants, companies can initiate sponsored projects when in need of extra data, surveys or tests. In the “Project” tab, users can see the current list of sponsored projects, Cosmo Power to be rewarded, qualifications to participate and other information.
  • A marketplace, where participating companies can sell their products. When a transaction is made, payment is made with Cosmo Power, and companies can either convert it into Cosmo Coin and then into fiat or use Cosmo Power freely within the Cosmochain platform.
  • Data submission. Participating customers can provide their personal dermatological and cosmetics-related data and if companies access the uploaded data, customers receive a preassigned amount of Cosmo Power.
  • Personal account management, Cosmo Coin / Cosmo Power conversion, and provision of platform information.

Details

Pre-sales: Apr 09, 2018 - Apr 20, 2018
Public sales: Apr 21, 2018 - May 20, 2018
Pre-sale token supply: 50000000
Token supply: 150000000
Soft cap: 5,000ETH
Hard cap: 35,757,500 USD(fiat)
Raised: 33,360,000 USD

Legal

Registration country: Hong Kong
Registration year: 2017
Office address: 10/F, Hongkong Offshore Centre No. 28, Austin Avenue Tsim Sha Tsui, Kowloon, Hong Kong

Token info

Ticker: COSM
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 COSM = 0.060533 USD
Token price in ETH: 1 Token = 0.000100 ETH
Accepted currencies: ETH
Bonus program:
Pre-ICO
5-100 ETH - 5%
100-500 ETH - 10%
500 - 2000 ETH - 15%
2000+ ETH - 20%
ICO Earlybird (21.04-30.04)
5-100 ETH - 2.5%
100-500 ETH - 5%
500 - 2000 ETH - 10%
2000+ ETH - 15%
Token distribution:
30% - Private Sale
20% - Ecosystem Activation
15% - ICO
10% - Team
10% - Reserve
10% - Advisors
5% - Pre-ICO

Cosmochain Roadmap

1
Q1 2018

MAR
Whitepaper Ver 1.0 Release
Platform prototype build (China only)
Extends platform partnership

2
Q2 2018

APR
Private / Pre-sale
MAY
Private / Crowdsale

3
Q3 2018

ALPHA RELEASE
Data migration of Chinese partners’ customer database

4
Q4 2018

SOFT LAUNCH
Launch of on-demand business projects within Chinese and Korean market

5
Q1 2019

CLOSED BETA TEST
Expansion of customer pool and collection of personal data within Korean market

6
Q2 2019

GLOBAL LAUNCH
- REGIONAL EXPANSION
1st target:ASEAN countries
2nd target:Americas
3rd target:Europe, Oceania

Project team

Howon Song
Howon Song
CEO
Howon Song linkedin
Joowon Hur
Joowon Hur
CSO
Joowon Hur linkedin
Seungho Shin
Seungho Shin
COo
Jingoo Kim
Jingoo Kim
CTO
Jingoo Kim linkedin
Joonsuk Park
Joonsuk Park
Head of Marketing
Joonsuk Park linkedin
Changmin Oh
Changmin Oh
Head of Investment
Junmyeong Lee
Junmyeong Lee
Blockchain Engineer
Mong Lu
Mong Lu
Asian Market ResearcherAdvisor
Younog Kim
Younog Kim
Design Advisor
Howard Ro
Howard Ro
Engineering Advisor
Mingyu Kim
Mingyu Kim
Engineering Advisor
Jae Jang
Jae Jang
Engineering Advisor
Sung Park
Sung Park
Co-Founder and Managing Director, Translink Capital
Yeonhee Kim
Yeonhee Kim
Senior Parter & Managing Director, The Boston Consulting Group
Simon Seojoon Kim
Simon Seojoon Kim
Chief Executive Officer, Hashed
Ryan Sungho Kim
Ryan Sungho Kim
Chief Acceleration Officer, Hashed
HongZhuang Lim
HongZhuang Lim
CEO, XSQ Pte Ltd.files/3109-35175.jpg
Hee-Eun (Baki) Park
Hee-Eun (Baki) Park
Principal, Altos Ventures
Bokyung Kim
Bokyung Kim
CEO, Make My Wedding
Eunielle Lee
Eunielle Lee
Chief Executive Officer, Cut & Curl Inc.files/3109-35179.jpg
Hojin Jung
Hojin Jung
Assistant Professor in Marketing, Hongik University
Geoffrey Yoon, M.D.
Geoffrey Yoon, M.D.
Cardiologist, El Camino Hospital in Silicon Valley

Advisors

Younog Kim
Younog Kim
Design Advisor
Howard Ro
Howard Ro
Engineering Advisor
Mingyu Kim
Mingyu Kim
Engineering Advisor
Jae Jang
Jae Jang
Engineering Advisor
Sung Park
Sung Park
Co-Founder and Managing Director, Translink Capital
Yeonhee Kim
Yeonhee Kim
Senior Parter & Managing Director, The Boston Consulting Group
Simon Seojoon Kim
Simon Seojoon Kim
Chief Executive Officer, Hashed
Ryan Sungho Kim
Ryan Sungho Kim
Chief Acceleration Officer, Hashed
HongZhuang Lim
HongZhuang Lim
CEO, XSQ Pte Ltd.files/3109-35175.jpg
Hee-Eun (Baki) Park
Hee-Eun (Baki) Park
Principal, Altos Ventures
Bokyung Kim
Bokyung Kim
CEO, Make My Wedding
Eunielle Lee
Eunielle Lee
Chief Executive Officer, Cut & Curl Inc.files/3109-35179.jpg
Hojin Jung
Hojin Jung
Assistant Professor in Marketing, Hongik University
Geoffrey Yoon, M.D.
Geoffrey Yoon, M.D.
Cardiologist, El Camino Hospital in Silicon Valley

Social media

Cosmochain web-siteCosmochain MediumCosmochainYouTubeCosmochain TelegramCosmochain LinkedInCosmochain X (Twitter)Cosmochain FacebookCosmochain Github

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