Taekwondo Cooperative (TKD Co-op) is an autonomous association of taekwondo athletes united voluntarily around the world to meet their common needs and aspirations of conducting and participating in more amateur taekwondo competitions both locally and globally. The world’s first TKD Co-op was established in Seoul, South Korea in 2018.
The founders of TAC believe that the demands of the world’s amateur taekwondo athletes for interacting with a more diverse group of fellow athletes and participating in taekwondo sparring matches (‘겨루기 [kyorugi]’) beyond their own geographic vicinities have now grown to the point that they deserve to have the world’s first league of amateur taekwondo athletes organized in cooperatives. TKD Co-op enables anyone to become a member of likeminded fellow taekwondo athletes. They can also conduct and participate in periodic competitions to be organized by their regional, national or world union of Co-ops.
TKD Co-op, has introduced a new concept of cooperative token named Taekwondo Access Credits (“TAC”), to be issued to and circulated by a global economic community of the world’s Co-op members, as a means to pay for services and products to be provided by TKD Co-op and our global member dojangs. TAC is designed so that it can be earned by Co-op members who participate in sparring matches in Co-op organized tournaments and recorded on Co-op’s proprietary online platform. These member athletes will form the core of the constant and structural demand for TAC. Also, any TAC token holder, whether a Co-op member athlete or not, will have the ability to vote in the “Fight of the Week” by “staking” their tokens.
The doors to TKD-Coop membership dojangs are open to coop members everywhere in the country.Even if you don’t belong to a dojang, you can visit and exercise, and pay for training or rent at the venue through TAC.
• TAC is an ERC-20 standard token deployed on Ethereum mainnet.• The full source code for all of the contracts is open and available athttps://github.com/tkdcoop/TACContracts• The main contracts have all been audited by Haechi Labs and the audit is available uponrequest on our website.• In order to improve the user experience, we use a database and server to cacheinformation from the blockchain and store off chain data not critical to fundamentaloperations (e.g. a user’s friends).• Admin functionality (i.e, creatorAddress) is limited whenever possible. Keys are stored ingeographically distributed cold storage.
Attention. There is a risk that unverified members are not actually members of the team
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