top of page
The native cryptographically-secure fungible protocol token of the CARE platform, CareCoin (ticker symbol CARE) is a transferable representation of attributed governance and utility functions specified in the protocol/code of the CARE platform, and which is designed to be used solely as an interoperable utility token thereon. CARE supports the ecosystem of the “Care” economy and is compliant with the ERC-20 token standard for Ethereum chain with mature security performance, processing power and various durability features.
Ticker symbol: CARE
Total Supply: 300,000,000,000
CareCoin is a functional multi-utility token which will be used as the medium of exchange between participants on the CARE platform in a decentralised manner.
The goal of introducing CareCoin is to provide a convenient and secure mode of payment and settlement between participants who interact within the ecosystem on the CARE platform without any intermediaries such as centralised third party entity/institution/credit. It is not, and not intended to be, a medium of exchange accepted by the public (or a section of the public) as payment for goods or services or for the discharge of a debt; nor is it designed or intended to be used by any person as payment for any goods or services whatever that are not exclusively provided by the issuer.
CareCoin does not in any way represent any shareholding, participation, right, title, or interest in the Company, the Distributor, their respective affiliates, or any other company, enterprise or undertaking, nor will CareCoin entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in Japan, Singapore or any relevant jurisdiction.
CareCoin may only be utilised on the CARE platform, and ownership of the same carries no rights, express or implied, other than the right to use CareCoin as a means to enable usage of and interaction within the CARE platform. The secondary market pricing of CareCoin is not dependent on the effort of the CARE team, and there is no token functionality or scheme designed to control or manipulate such secondary pricing.
Further, CareCoin provides the economic incentives which will be distributed to encourage users to exert efforts towards contribution and participation in the ecosystem on the CARE platform, thereby creating a mutually beneficial system where every participant is fairly compensated for its efforts.
CareCoin are an integral and indispensable part of the CARE platform, because without CareCoin, there would be no incentive for users to expend resources to participate in activities or provide services for the benefit of the entire ecosystem on the CARE platform. Given that additional CareCoin will be awarded to a user based only on its actual usage, activity and efforts made on the CARE platform and/or proportionate to the frequency and volume of transactions, users of the CARE platform and/or holders of CareCoin which did not actively participate will not receive any CareCoin incentives.
Data providers and businesses will be incentivized with CareCoin rewards for participating in the ecosystem.
versatile & secure
Users would keep their CareCoin in their wallet and utilise it for spending with any third party, merchant or service provider on the ecosystem
Personal Data Management with SBT（SoulBound Token)
CareCoin may be utilised for a variety of wallet transactions.
CareCoin would be donated towards or
spent on a variety of causes.
CareCoin functions as the platform currency
for data trading.
Various other utility functions to be introduced in the future.
A pharmaceutical company or insurance company, needs data on a patient, the company can gain access to the patient's data by purchasing and holding CareCoin.
A patient (user) who has disclosed and provided their data will be paid a portion of CareCoin held by the company. The medical industry is expected to be in higher demand worldwide in the future; however, The medical costs would be still too expensive for some people to have the necessary treatment.
The CARE Project will also donate CareCoin to such people in need. Through the CARE project, we will pave the road for more people to access healthcare. In the future, CareCoin will function as a token available to use in CARE CITY, the decentralized society (DeSoc).
bottom of page