Hi there Reader!
This post is specifically about the COT Glossary – but first let me share with you what a Whitepaper even is!
As per the Wikipedia definition: “A white paper is an authoritative report or guide that informs readers concisely about a complex issue and presents the issuing body’s philosophy on the matter. It is meant to help readers understand an issue, solve a problem, or make a decision.”
This is a very popular term in cryptocurrency right now and all substantial crypto projects have a Whitepaper. COT have added terminology relevant to their project into their Whitepaper V1.7 glossary section, which reads as follows:
Anime: a style of hand-drawn animation used in Japanese film and television. This has become such a MASSIVE entertainment form of its own among geeks across the globe! It is also a very popular and strong cosplay genre.
Manga: a style of Japanese comic books and graphic novels. Read from right to left unlike Western reading style!
Otaku: a Japanese term for people with obsessive interests, commonly towards anime and manga fandoms. This was apparently seen as a derogatory term which has become a term similar to ‘nerd’ or ‘geek’ – something we honestly find REALLY COOL nowadays!
Ticker: a short combination of letters historically used to represent stocks, now also adopted by cryptocurrencies.
COT: the ticker for Cure WorldCosplay’s Cosplay Token.
Blockchain: a digital ledger in which transactions made in bitcoin or another cryptocurrency are recorded chronologically and publicly. How’s that for transprency!
Cryptocurrency: a digital currency that is regulated by blockchain technology, and operates independently of a central bank.
ERC20: the technical standard used for smart contracts on the Ethereum blockchain.
Ethereum: an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract (scripting) functionality. COT makes use of this platform & I made a blog post about how YOU can make your own Ether Wallet if you don’t already have one!
ICO: Initial Coin Offering, also used to refer to Initial Token Offerings.
Marketcap: the total market value of all of a company’s outstanding shares.
Players: artists on Cure WorldCosplay such as cosplayers, photographers, and prop makers.
Player Coin: a personalised, individual smart token issued by the Cure Protocol. I am SO excited to have my own COT token & it will be integrated into my cosplay work in the future!
Smart Contracts: a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract.
Smart Token: token that has further logic in place allowing it to be dynamically minted among other benefits.
SNS: Social Networking Service.
TGE: Token Generation Event.
The Bancor Protocol: an open-source standard for smart tokens. Thank you Bancor for helping COT!
The Cure Protocol: Cure WorldCosplay’s integrated protocol for the creation of Player Coins.
Users: viewers, information suppliers, fans and corporations on Cure WorldCosplay – all of whom can benefit from COT!
So that’s the glossary on the COT Whitepaper with some elaboration from me. I hope you learned a thing or two! Please don’t hesitate to comment with any questions 🙂
Look out for my next COT posts & be sure to visit the AWESOME COT website here! Thank you Cure World Cosplay for looking after us with Cosplay Token!