COUTION LIVE Whitepaper

COUTION LIVE (CTL) Project Introduction: Connecting the World with Love and Music

Friends, imagine if watching an amazing K-Pop concert not only lets you enjoy music, but also allows you to do charity effortlessly, turning every bit of your passion into a force for helping others—isn't that wonderful? COUTION LIVE (CTL for short) is a blockchain project dedicated to realizing this vision. It's like a "charity concert platform" built on blockchain, connecting the world with the charm of K-Pop while making charitable donations transparent and trustworthy.

1) What is COUTION LIVE

COUTION LIVE is an online live streaming platform based on blockchain technology, mainly focusing on live streaming K-Pop concerts and cultural content. Its core concept is to combine entertainment with charity, allowing users to enjoy cultural feasts while participating in public welfare donations. You can think of it as a "blockchain version of a charity concert live room."* Target users and core scenarios: Mainly K-Pop fans, users passionate about charity, and organizations wishing to support public welfare through cultural activities. Core scenarios include watching K-Pop concerts online, making donations through the platform, and earning token rewards by participating in community activities.* Typical usage process: Users can purchase CTL tokens to obtain tickets for online concerts and watch live streams. During the viewing process, or through other community interactions, users can earn CTL token rewards. These tokens can be used for consumption within the platform or donated to partnered non-profit organizations. All donation details are made public on the blockchain to ensure transparency.

2) Project Vision and Value Proposition

COUTION LIVE's vision is "to spread positive impact and support social welfare through the integration of culture and technology."* Core problems to solve: Traditional donation methods sometimes cause donors to have doubts due to lack of transparency, making them unsure whether their donations truly reach those in need. COUTION LIVE aims to solve this pain point with blockchain technology, making the donation process open and transparent, rebuilding donors' trust in charitable organizations.* Differences from similar projects: Many live streaming platforms focus on entertainment, while COUTION LIVE combines the huge influence of K-Pop with the transparency of blockchain, focusing on the "entertainment + charity" model. It's not just a platform for watching performances, but also an "ecosystem of love" that encourages users to participate in public welfare and clearly track the flow of donations.

3) Technical Features

The technical architecture of the COUTION LIVE platform is a four-layer structure based on blockchain and traditional databases.* Application of blockchain: The project uses blockchain technology to record and disclose detailed information of all donation transactions. This means every donation flow can be queried and verified on the blockchain, like an immutable public ledger, ensuring donation transparency.* Smart contracts: The platform uses smart contracts to manage member benefits and automatic payments, such as automatic entry payments for online concerts. Smart contracts are like self-executing agreements that automatically execute once preset conditions are met, without third-party intervention, increasing efficiency and trust.* Security measures: COUTION LIVE adopts multiple security solutions to protect system configuration, servers, clients, network, and data security. In addition, the project plans to introduce anti-money laundering (AML) measures to ensure stable operation and adapt to policy changes.

4) Tokenomics

The native token of the COUTION LIVE project is CTL.* Basic token information: * Token symbol: CTL * Issuing chain: TRC-20 (based on Tron blockchain) * Total supply: 7,700,000,000 CTL * Issuance mechanism: The specific issuance mechanism is not detailed in public information, but the total supply is mentioned as 7.7 billion. * Inflation/Burn: No explicit inflation or burn mechanism is mentioned in public information. * Current and future circulation: No detailed circulation data is provided in public information.* Token utility: * Membership fee payment: CTL tokens are used for global membership fee payments. * Online concert tickets: Users can use CTL tokens to purchase tickets for online live concerts. * Rewards: Users can earn CTL token rewards by participating in community activities within the DApp (such as following, liking, posting community posts, etc.). * Donations: Earned reward tokens can be donated to partnered charitable organizations. * Social support projects: In the future, CTL tokens will be used in nationally recognized organizations and global public interest cultural performances, with 30% of proceeds going to social support projects.* Token allocation and unlocking information: No detailed token allocation and unlocking plan is provided in public information.

5) Team, Governance, and Funds

* Core members and team features: Project information mentions "Red Angel" as the core driving force. Red Angel is a Korean national cheering squad with 15 years of experience, long dedicated to social support and international exchange public welfare activities, bringing rich experience in organizing public welfare events and cultural influence to the COUTION LIVE project.* Governance mechanism: No specific decentralized governance mechanism is detailed in public information.* Treasury and funding runway: No detailed information on treasury or fund operations is provided in public information.

6) Roadmap

The COUTION LIVE roadmap mainly revolves around platform function development and hosting K-Pop concert events.* Historical key milestones and events: * Q4 2021: Released COUTION LIVE wallet DApp beta, held the first real-time live concert, upgraded the DApp for the second time, listed the token on overseas exchanges, and launched donation activities. * Q1 2022: Planned the second and third live concerts. * 2023: Hosted multiple K-Pop concerts, such as the "Let's Love Indonesia" themed concert and the 9th W.A.A.O K-POP concert. * March 2024: Held the CTL Coinstore listing celebration K-POP event.* Future key plans and milestones: * December 2024: Plans to host the 10th W.A.A.O K-POP concert. * Future plans include further development of the DApp, more live concert events, and cooperation with global non-profit organizations.

7) Common Risk Reminders

Any blockchain project comes with risks, and COUTION LIVE is no exception.* Technical and security risks: Although the project claims to have adopted multiple security measures and uses smart contracts, blockchain technology itself may still face smart contract vulnerabilities, network attacks, and other risks. The platform relies on the stable operation of live streaming and blockchain technology, and any technical failure may affect user experience and fund security.* Economic risks: The value of CTL tokens may be affected by market supply and demand, project development, K-Pop industry trends, and overall cryptocurrency market volatility. Insufficient transparency in the token economic model (such as allocation and unlocking) may also bring uncertainty.* Compliance and operational risks: With the continuous changes in global cryptocurrency regulatory policies, the project may face compliance challenges. In addition, the project's success largely depends on cooperation with K-Pop artists, agencies, and charitable organizations, and the stability of these partnerships is also uncertain.

8) Verification Checklist

* Block explorer contract address: Since COUTION LIVE's CTL token is TRC-20 standard, its contract address should be checked on TronScan. Currently, no exact contract address is directly provided in public information, so users need to search "Coution Token" or "CTL" on TronScan for verification.* GitHub activity: No public GitHub repository related to core blockchain development of the COUTION LIVE project has been found so far. This means the project's code transparency is low, or its development activities are not conducted on public GitHub.

9) Project Summary

COUTION LIVE is an innovative project combining K-Pop entertainment with blockchain charity. Through online concerts and CTL tokens, it provides fans with a transparent platform to participate in public welfare and track the flow of donations. The project's core strengths lie in its unique "entertainment + charity" model and the "Red Angel" team's rich experience in public welfare activities. However, there is still room for improvement in the level of detail in the technical whitepaper, full disclosure of the token economic model, and open-source transparency of core code. For those interested, it is recommended to study its official website and available information in depth, and closely follow the project's future development and community dynamics. Please remember, this is not investment advice; any cryptocurrency investment carries risks, so be sure to conduct thorough due diligence.