COSMETA – How Korean Students Aim to Solve US Labor Deficit through Blockchain and the Metaverse

COSMETA is an HR company seeking to be the first to provide human resource services in blockchain and the metaverse. The startup launched in 2021 and has already struck important partnerships with numerous organizations. Moreover, it collaborates with the world’s largest community of Korean-American students. Currently, the team is preparing to launch a second-generation wallet and an IDO supplying liquidity to its DEX.

This COSMETA review looks closely at one of the most innovative and unique initiatives in blockchain and the metaverse. Read on to discover the company’s products, features, and roadmap!

What is COSMETA?

Global HR Blockchain Group COSMETA is a company operating from Delaware, USA, and representing the largest community of Korean-American students in the US. Moreover, it collaborates with over 100 university Korean student unions in America and prestigious Korean enterprises in the country, such as Hanwha and Kumhotire. Adding to this long list of lucrative collaborations is the partnership with OCTA, the world’s largest Korean trade organization.

COSMETA plans to be the first company to bring human resource services to blockchain and the metaverse. The team will use its CRI Network to help others and grow together with investors. Some of its services include blockchain infrastructure, internships, recruiting, savings deposits (PoS), payment systems, etc.

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Additionally, it aims to build a far-reaching ecosystem of blockchain-based products, including:

•       The CRI token
•       A second-generation wallet
•       An NFT marketplace for students
•       A decentralized crypto exchange
•       An NFT exchange
•       Games

Its users will be able to upload their résumés into the system, thus helping reduce the labor deficit in the US. In return, they will receive crypto rewards and the possibility of obtaining jobs in the industry.

According to the team, COSMETA runs on internal funds and resources, which the company has built by offering HR services. This initiative is 100% self-sufficient and does not rely on venture capitalists or external capital. As a result, it poses a minimal risk of defaulting because of debt.

The COSMETA INTERNATIONAL group is expanding in Malta to provide users with stable blockchain services. The small island country in the Mediterranean has some of the best crypto-friendly policies in the world. Furthermore, it legally supports the development of blockchain-based applications.

The CRI Token

COSMETA entered the blockchain through its proprietary proof-of-stake (PoS) token, Crypto International (CRI), running on the Ethereum network.

CRI is the catalyst necessary for expanding COSMETA’s restriction-free ecosystem. The token is currently available on crypto exchanges and listed on Coinmarketcap and CoinGecko. More importantly, it gives holders numerous perks, including the right to participate in the ecosystem’s development.

According to the team, the CRI token’s allocation is as follows:

•       68% goes towards the COSMETA community via IDO or DEX/CEX platforms.
•       22% will go towards funding the project, with the team expecting to lock these funds for the next 3 years.
•       5% will go towards the team and be under lock for 3 years.
•       3% will go to COSMETA’s main partners, Hanwha and Kumhotire.
•       1.5% will go towards the ecosystem’s development.
•       0.5% will go towards charity causes, helping people in need.

The project has established a total supply of 10,000,020,856 CRI tokens.

The Second-Generation CRI Wallet

As we mentioned above, COSMETA plans to release several blockchain-based products. The most anticipated one is the second-generation CRI wallet, which should launch in August 2022.

The CRI wallet uses the Manitou system, enabling CRI users to create groups for mutual help. Moreover, it rewards users with significant contributions to CRI with higher prizes. It will also include a survey feature rewarding respondents with token airdrops. Lastly, users can access crypto rewards for uploading their résumés to the system.

The CRI wallet app will be available to download on the Apple App Store and Google Play.

Key Milestones in the COSMETA Roadmap

COSMETA has an extensive roadmap of ambitious objectives. In July 2022, the team plans to host the project’s ILO/IDO event on Unicrypt to help provide liquidity to the token’s DEX operations. Soon, the company will start a whitelist campaign for an upcoming lottery.

By the end of 2023, COSMETA should offer a payment ecosystem feature for immigration people. In May 2025, the project should have its fully functional HR Metaverse. Lastly, the project will finalize its blockchain-based ecosystem by the end of that year.

The Bottom Line

COSMETA is a much-needed presence in blockchain and the emerging metaverse environment. These two sectors need proper human resource services to help curve the manpower shortage and improve recruitment.

The company benefits from an expert team that has already signed strategic partnerships with industry members and beyond. Furthermore, the team has successfully passed audits and KYC procedures with the top-auditor firm Solidproof. This validates the project’s reliability and development potential.

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We will follow COSMETA’s progress with much interest. The launch of the second-generation CRI wallet and the IDO are just around the corner. Meanwhile, you can learn more about this project by following the links: Website | Twitter | Telegram | Medium| Instagram| LinkedIn.

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