CoopCoin (co·op·coin) helps to create and manage non-fungible ERC 721 Tokens (Asset-Based Token "ABT", similar to a Security Token) representing real-world assets in a legally binding way.
CoopCoin’s own ERC20 Token are used as a fee on the network & burned for certain services, e.g. the creation of an Asset-Based Token.
Sellers can register, log onto the CoopCoin platform, upload and create an offer for an ABT
Investors can register, log onto the CoopCoin platform, search for an ABT that meet their criteria and select or reserve the ABT
Investors can manage the ABT in a Wallet and verify its activity
CoopCoin is able to mint an Asset Based Tokens (ABT), the Non-Fungible Token which represents the real-world asset on the blockchain
Authorized partner users can verify uploaded information from sellers
Assignment of the ABT ownership to an Ethereum Address for example the investor’s)
An Oracle calculates fiat money vs. Token value for services that carry a fee
Burning of CoopCoins ERC20 Token to pay for services that require a fee
ABTs can be traded and liquidated through an ownership challenge