Asobi Coin - Project Introduction
Asobi coin is a new decentralized platform that will moderate the trade of digital contents on the secondary market, making sure all the parties involved (creators, publishers, and users) get the true value for their assets and can trade them in a safe and secure environment.
Digital contents put simply, are basically contents existing in the form of digital data. These digital data is the fuel of the internet age in which we currently live in.
Since the commercialization of the Internet digital data had consistently been produced by Internet users, either intentionally or subconsciously. While a lot of free contents are produced and shared online, the Internet also houses a very big commercial digital market which is one of the biggest markets in the world today.
Digital content creators in the world today rarely reap the full rewards of their work, because, on the secondary market, it is relatively very easy to copy and recreate digital contents for the purpose of redistribution.
The decentralized era started with the creation of the blockchain, along with bitcoin which is the first cryptocurrency. This invention has lead to the creation of an entirely new market, one in which smart contracts and decentralized platforms have been able to replace human input or activities with better efficiency and effectiveness, providing innovative solutions for different real-life problems we currently face in our daily lives.
Asobi Coin is creating an innovative platform through the blockchain which will provide a decentralized and distributed market for secondary contents.
The Existing Problem
The secondary market is basically a market for used goods I.e, second-hand goods. The secondary market for physical goods is a very big market that is worth billions of dollars yearly with people reselling their properties of different forms to other people.
According to the Asobi Coin project whitepaper, by taking furniture sales in Japan as a case study, the secondary market fit furniture sales is about 15% of the whole market.
Digital products like music, videos, e-books, and game items which are a lot easier to purchase and transfer have however not seen the same market activity. With legal, organizational and technological challenges among other limitations that are holding this market back.
The Asobi Coin Solution
The Asobi Coin Solution is introduced by a company called ASOBIMO. This is a Japanese company which has seen so many success in the gaming industry for over 15 years of its operation.
Asobimo will be creating a platform for the distribution of secondary contents which will be secured using a Decentralized Security System (DSS). The blockchain will be used to protect the content's rights using the proof of ownership protocol, which is undeniable.
The proof of ownership protocol works in a way such that, it is encrypted into every digital content bought or exchanged on the platform. When these contents are purchased, any attempt to pirate or recreate them will not give its cloned copies the same proof of ownership, making them impossible to be shared with other people.
Now by using Asobi coin buyers can purchase digital contents of any form through the distributed content platform while being assured of its authenticity.
The Asobi platform comes with its own token, the ABX token and also a designated wallet which will be used to purchase and receive payment for digital contents. These digital contents include; music, videos, e-books, and game items.
The Token Sale of this project is currently ongoing, you can join here >> https://tokensale.asobimo.io/
Token Sale Details
Token: ABX
Blockchain: Ethereum
Token Type: ERC20
ICO Price: 1 JYP(Approx $0.009)
Minimum invest: 1 ETH
Softcap: 550,000,000 JPY ($5M)
Hardcap: 5,500,000,000 JPY ($50M)
Total Token Supply: 16,500,000,000
Conclusion
Asobi coin is a platform that is tapping into a multi-billion dollars market which has the potential to grow into a trillion dollars industry. This platform is providing a solution that benefits the users, creators and publishers of digital contents.
Official Contacts
Website: https://asobimo.io/en/
Whitepaper: https://asobimo.io/pdf/white_paper_en.pdf
Telegram: https://t.me/AsobiCoin_Official
Twitter: https://twitter.com/AsobiCoin
Facebook: https://web.facebook.com/Asobi-Coin-130436194467568/?_rdc=1&_rdr
Connect with me on bitcointalk here>>
My Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1556229
If you like my article kindly Upvote, drop your comment or question in the section below.
Thank you.