Many people are going through a difficult time due to COVID-19. Not only domestically but globally, our consumption patterns are collapsing, leading to extreme consumption contraction. This leadsto a slowdown in the domestic market, which is causing many economic difficulties. To respond to the spread of COVID-19, donation campaigns arebeing actively conducted in the cryptocurrency industry. Binance and Bithumb which are Global cryptocurrency exchanges also launched a donation campaign.   

Through the campaign called “Crypto Against Covid”,cryptocurrencies such as Bitcoin, Ripple, and Binance Coin were donated under the lead of a Binance-affiliated blockchain donation platform charitable organization, with a goal of $5 million.
The collected donations were used to support medical supplies for countries severely affected by the corona virus. Binance has donated $1 million before the campaign, and also announced that it will pay out up to $2 million through social media campaigns.   

Under these circumstances, the Coutionlive project wants to do its role to help non-profit organizations and communities in need. We plan to create a donation campaign through a live streaming concert, and all donations raised will be donated to a non-profit organization in need. In the future, Coution live CTL Coin will be used in nationally recognized organizations and global public service cultural performances, and 30% of the revenue will be used as a social support project through the authorized organizations.