CMITCOIN (The Commerce of the Inner Markets) is an Ethereum token designed to bring Japanese comics, anime, music , cosplay, and other fandoms to the world. CMITCOIN offers functionality that allows content creators to simultaneously secure new fans while also disseminating their content. Furthermore, fans and users of content can support only the content creators they feel are truly worth it. Through the use of purchase logs and feedback, they can engage with content creators and foment a global community of fans. In addition to creating economic value in a capitalist sense, CMITCOIN would also utilize blockchain technology to take the “internal value” that the Internet has made so widespread and transform it into a new form of social value. This might be described as a platform that brings together all of these values in one place. In the Internet society prior to the advent of blockchain technology, information devices, Facebook, Twitter, and other social media met people’s need for approval from others, and this “internal value” of the Internet was enhanced. By using smart contracts on Ethereum, CMITCOIN provides a way of taking that internal value and distributing across individuals to convert it into economic and social value.
