ASOBI COIN - PROJECT INTRODUCTION

toluene (47)in #crypto • 6 years ago (edited)

In this piece, I will be introducing an innovative decentralized project that aims to revolutionize the market for secondary digital content using the Blockchain technology to provide a safe and secured environment for the trading of digital content.

The internet is the fuel that drives activities in the 21st century. The internet to a large extent has influenced many aspects of human lives, most especially the aspect of information communication and interaction by people around the globe. This information communicated or transferred between people is in form of digital content created by different internet users. The upsurge in the usage of the internet has birthed the increased production of digital content by users in different forms.

What is digital content?

Digital content according to Wikipedia “is any content that exist in the form of digital data, which is stored on digital or analog storage in specific formats”. Digital content can simply refer to music, information, videos, images, etc that are downloaded or distributed through electronic media.

The digital content market is a very large one; it is one of the biggest and most profitable markets in the world with net worth grossing billions of dollars.

Challenges

The redistribution of digital content to a huge extent has reduced and trampled on the profitability and potential of the digital content market. These contents are often easy to copy or duplicate, which leads to the existence of the secondary market where digital contents are easily copied and recreated for distribution by different publishers without rewarding the original creators of the contents. . Thus, the digital content creators find it hard to obtain optimal rewards for the effort put into the creation of these contents.

The invention of the Blockchain technology has led to the revolutionary change in the operation of different industries ranging from eCommerce, health, to other niches of the economy. Through the use of smart contracts, human factors and input have been successfully replaced in the execution of contracts and activities, thereby creating room for effectiveness and efficiency.

ASOBI COIN; the groundbreaking solution

Asobi coin is a decentralized platform created by ASOBIMO, which is an existing Japanese company with over 15 successful years of experience in the gaming industry. Asobi coin was created for the purpose of revolutionizing the redistribution of digital content in the secondary market, by securing the digital contents with a Decentralized Security System (DSS). Asobi coin will allow for the trade of secondary content in the secondary market with the author being rewarded with income and their rights also preserved.

Asobi coin will encrypt a proof of ownership key into every digital content purchased by users, which will guaranty the authentication of the content purchased and will make it hard for pirates to clone or recreate the contents.

ICO Structure

Asobi coin (ABX) will be used as the primary medium of exchange in the Asobi market. The token information is as follow

Token: Asobi coin

Ticker: ABX

Token Type: ERC 20

Token price: 0.01

Fundraising goal: $50,000,000

Conclusion

Asobi coin is a really an innovation stimulated through the Blockchain and it has all the necessary potential to revolutionize the digital content market.