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Coliseum’s token is among the hottest ICOs. Why’s that?

Coliseum is a community created by movie enthusiasts looking forward to encouraging new bright talents. This network aims to unite people from across the globe and work towards creating cinematic wonders. The platform has launched its native token recently. The pre-sale ended on April 9, 2021, and soon afterward, an initial coin offering followed, starting on May 21, 2021. Even though Coliseum’s token is quite new, it is already among the top ICOs.

Coliseum members have participated in various productions which have performed perfectly with the audience. However, the members decided to form a community due to physical boundaries and language barriers, hoping to eradicate such problems within one space.

The founders announced that with their ICO, they are making an effort to remove language barriers and unify people in the world of movies. They want to work together towards achieving one end goal – creating a global community of cinema enthusiasts.

The COM Token Holders will be able to initiate various Audio-Visual productions. Furthermore, they can do that either on their own or in association with other production houses. The platform will distribute the profits generated from that project amongst the registered token owners with transparency.

The initial coin offering will end on June 21, 2021. The price is 0.16493 USD equivalent ETH per COM token during the ICO trade.

Coliseum is the first decentralized Utility token for Entertainment Industry

The community members have tokenized their vision for the launchpad platform based on a proof of stack concept. The latter gives an ability to its users to yield profits while holding. It also provides the investors an exit plan every quarter.

Furthermore, the Coliseum community has decided to cut off their token’s supply every quarter. They want to avoid any whale circulations controlled by some mischievous group later.

COM token holders will be able to yield ETH. They can either decide to hold it for a longer-term and if they need few funds, they can utilize their yield income. That will gradually encourage them to hold COM tokens for a longer term.

 

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