These days, the WWW (World Wide Web) is loaded with too much of content so that the users find it very difficult to extract the needed information. For example, if you search “top 10 sightseeing places in London”, you will get ten different listings on the first page of the Google search results. You need to go through all of them one by one and create your own list because none of them is tailored to suit your personal needs. That’s the main drawback of the online travel sites. To overcome this limitation, a blockchain based platform named Cool Cousin powered by CUZ which connects the travelers directly with the local people to create personalized travel plans.
What is CUZ? CUZ is a new open source cryptographic token that will be sold by the company during pre-sale and ICO token sale event. It is compatible with the Ethereum standard ERC20. What is the significance of CUZ token? Who will be using this token? CUZ token can be used by anyone within the Cool Cousin ecosystem. Let’s assume that a fictional person Mary is in Australia, and she wants to attend a family function in Israel. So, she connects with a cousin in Israel using the Cool Cousin platform and arranges her accommodation and commute. She completes her trip successfully and wants to reward the cousin for his extraordinary service. Instead of giving money, she can send few CUZ tokens directly to the cousin’s wallet. This is just an example of the usage of CUZ tokens.
Cool Cousin utilizes the CUZ token to reward the users, cousins or contributors who are doing any kind of activity which adds value to the platform. For example, Mary can get few CUZ tokens as an incentive for sharing information about Cool Cousin through her social media profiles like Facebook, Twitter, etc.
How to buy the CUZ token? If someone is interested to buy the CUZ token, then they can do that by participating in the public pre-sale event of the ICO which starts in March 2018. The accepted cryptocurrencies for the purchase are Bitcoin and Ether. Cool Cousin platform follows the KYC process for all the contributions which are more than EUR 3000. The users need to provide the standard KYC details like name, address, DOB and Ethereum address. For higher amounts, they need to provide a picture of themselves holding the passport and signed a declaration about the source of funds for buying the tokens.
Cool Cousin suggests the users who are willing to purchase the CUZ tokens to open an ETH wallet (preferably hard wallet) using myetherwallet.com to ensure the security of the tokens. The value of CUZ tokens during the ICO token sale event is @ 1 ETH = 3770 CUZ. Once the purchase is completed, the tokens will be transferred automatically to their digital wallets after the end of the token sale event. The same user cannot have multiple Ethereum addresses as the ICO allows only one address per person. The user has the option of moving the CUZ tokens to any desired wallet after the tokens are distributed.
To learn more information about the pricing, availability and sale procedure of CUZ tokens, please check out the: