Coss-Will make your life easier!
COSS stands for Crypto One Stop Solution, and is a platform that aims to cover all features of the digital economy system based on cryptocurrency. COSS has been launched in Beta Version on April 1, 2017 with Payment Gateway / POS for online and offline stores that allow Merchants to receive their payments and services across various credentials, and Crypto Exchange is fully operational. So far, these are the two most important features of COSS, which currently integrate many 3rd party providers, who will offer their services through COSS.
COSS is designed as a living project with unlimited possibilities of expansion, aimed at bringing crypto into the future, by adopting and facilitating all existing crypto and blockchain services and products into an easy-to-use, intuitive and easy-to-use interface. living environment.
The number of customers and traders registered in the COSS market continues to improve the quality of the COSS market, and there are currently 150 Merchants and more than 1000 users in the COSS market with an international team spreading many locations around the world from Singapore (the Managing board) to New York Branch) and Bucharest, Romania (Development Team).
Cryptocurrencies have all the prerequisites to becoming a viable replacement for FIAT money over the Internet, allowing millions of customers, including merchants, startups, businesses, charities, etc. as
well as the unbanked individuals to gain access to the most technologically-advanced payment methods. For this reason, at COSS we have designed the concept of Eco-Life, a borderless digital economic system suitable for cryptocurrency users. The Eco-Life is aimed at eliminating the challenges faced by the online payment industry via :
- Catering goods and services within the e-Commerce and the Merchant Platforms;
- Increasing the community of merchants accepting crypto as the most preferable payment method via the COSS POS;
- Developing a lively marketplace with cryptocurrency-related services and products;
- Integrating the public cryptocurrency exchange into COSS;
- Providing a competitive payment solution for industries such as gaming,
- real estate, etc. with direct funds deposition enabled on COSS;
- Cashing-out cryptocurrencies via COSS prepaid cards.
The list of potential industries, which can benefit from using COSS is literally infinite and cannot be defined completely. Just like the internet, which is impossible to shut down, the COSS platform is likely to become a ‘living’ project, or ‘a smart contract with no expiration date’ that can endure many technological and social changes.
DAO
The future of COSS goes far beyond the existing structure and functionality, and will reach the point in the future when it will become completely autonomous, decentralized, and run or managed as a DAO.
In a simplified way, DAO is a computer program, run by a peer-to-peer network, in which the governance and the decision-making is prescribed by the code or the pre-programmed smart contracts. DAOs can be set to operate autonomously, without human involvement, implying that the code can provide the direct, real-time control of the DAO and the funds stored on it.
Because of its decentralized governance, DAOs have no central point of failure, representing the new generation of organizations and businesses that can be turned into DACs (Decentralized AutonomousCorporations and/or Companies). In the future, the COSS system will also allow creating DAOs for and by other customers as one of its added features.
COMPONENTS COSS
Crypto-One-Stop-Solution is developed with regard to the global needs of the cryptocurrency industry in general, and with due attention to the demands of the individual users who intend to manage their assets online. The platform is focused on providing individuals with approachable guidelines for a smooth start in the cryptocurrency world: helping those who already own a business to improve the quality of their service, and catering online payments and cryptocurrency services to individuals.
The initial features embedded into the COSS platform design are :
- Wallet, providing COSS users with a secure medium to store cryptocurrencies;
- Market cap listing, an archive list featuring the market prices, the trading volume and the whitepapers of the most popular cryptocurrencies;
- Merchant list, an early version of the COSS marketplace, on which customers can find merchants accepting cryptocurrency payments for their services directly via COSS;
- Merchant Platform, a virtual marketplace, on which customers can search for merchants, services and products that are cryptocurrency-friendly;
- Cryptocurrency listing, a feature that allows coin developers and owners to add their tokens to the Exchange and to become part of the COSS ecosystem;
- Proof-of-development, a mechanism that analyzes and lists blockchain, cryptocurrency, DApps, smart contracts and DLT developers, helping individuals and businesses to hire the approved devs;
- News feed that displays articles published by CoinTelegraph, the updates from COSS and the twitter posts.
The principal COSS applications are :
- The Core Application, consists of account management tools, the registration and the login processes, security procedures and the password reset mechanism;
- Payment gateway / POS, a merchant tool that helps merchants to integrate cryptocurrency payments into their web-shops;
- Exchange, supports the most tradable cryptocurrencies, allows COSS users to place orders, to trade and to swap the funds deposited on their COSS balances.
The full COSS system is composed out of multiple inter-connected applications that are available to the COSS account owners, divided into two main types of users: the normal users and the admins.
The Core Application
The core application offers COSS users the following functionalities :
- Account management :
- Registering a new account
- Login into an existing account
- Logout
- User profile deletion
- Configuration security (password change, adding phone number, setting
email address, two-factor authentication configuration) - Viewing account activity log
2. Two Factor Authentication (2FA);
3. Wallet Management
- Viewing balance in each currency
- Making deposits
- Creating withdrawal requestsDAO
- The future of COSS goes far beyond the existing structure and functionality, and will reach the point in the future when it will become completely autonomous, decentralized, and run or managed as a DAO.
- In a simplified way, DAO is a computer program, run by a peer-to-peer network, in which the governance and the decision-making is prescribed by the code or the pre-programmed smart contracts. DAOs can be set to operate autonomously, without human involvement, implying that the code can provide the direct, real-time control of the DAO and the funds stored on it.
- Because of its decentralized governance, DAOs have no central point of failure, representing the new generation of organizations and businesses that can be turned into DACs (Decentralized AutonomousCorporations and/or Companies). In the future, the COSS system will also allow creating DAOs for and by other customers as one of its added features.
COMPONENTS COSS
Crypto-One-Stop-Solution is developed with regard to the global needs of the cryptocurrency industry in general, and with due attention to the demands of the individual users who intend to manage their assets online. The platform is focused on providing individuals with approachable guidelines for a smooth start in the cryptocurrency world: helping those who already own a business to improve the quality of their service, and catering online payments and cryptocurrency services to individuals.
The initial features embedded into the COSS platform design are :
- Wallet, providing COSS users with a secure medium to store cryptocurrencies;
- Market cap listing, an archive list featuring the market prices, the trading volume and the whitepapers of the most popular cryptocurrencies;
- Merchant list, an early version of the COSS marketplace, on which customers can find merchants accepting cryptocurrency payments for their services directly via COSS;
- Merchant Platform, a virtual marketplace, on which customers can search for merchants, services and products that are cryptocurrency-friendly;
- Cryptocurrency listing, a feature that allows coin developers and owners to add their tokens to the Exchange and to become part of the COSS ecosystem;
- Proof-of-development, a mechanism that analyzes and lists blockchain, cryptocurrency, DApps, smart contracts and DLT developers, helping individuals and businesses to hire the approved devs;
- News feed that displays articles published by CoinTelegraph, the updates from COSS and the twitter posts.
The principal COSS applications are :
- The Core Application, consists of account management tools, the registration and the login processes, security procedures and the password reset mechanism;
- Payment gateway / POS, a merchant tool that helps merchants to integrate cryptocurrency payments into their web-shops;
- Exchange, supports the most tradable cryptocurrencies, allows COSS users to place orders, to trade and to swap the funds deposited on their COSS balances.
The full COSS system is composed out of multiple inter-connected applications that are available to the COSS account owners, divided into two main types of users: the normal users and the admins.
The Core Application
The core application offers COSS users the following functionalities :
- Account management :
- Registering a new account
- Login into an existing account
- Logout
- User profile deletion
- Configuration security (password change, adding phone number, setting
email address, two-factor authentication configuration) - Viewing account activity log
2. Two Factor Authentication (2FA);
3. Wallet Management
- Viewing balance in each currency
- Making deposits
- Creating withdrawal requests.
INDUSTRY TRENDS
Bitcoin has been created by Satoshi Nakamoto in 2008. Soon after, it became the first world-known decentralized cryptocurrency, that introduced a great number of new solutions to the existing electronic payment systems. Thanks to Bitcoin, large banks, corporations and governments started to recognize the great technological value of cryptocurrencies: the decentralized peer-to-peer public ledgers, the blockchain, the new ways to approach security and anonymity, which have spread to a great variety of fields. The fact that cryptocurrencies are censorship resistant and very difficult to shut down by a centralized institution or entity has increased the amount of trust people have in this technology
TEAM
Learn more!- https://coss.io/team
STRATEGIC PARTNERS
ACCESS — Association of Cryptocurrency Enterprises and Startups
Singapore Singapore Fintech Association (SFA)
Chamber of Commerce and Industry Romania (CCIR)
Chamber of Commerce and Industry Romania Israel (CCIRI)
CoinPip
Attores
Satoshi Citadel Industries (SCI)
CardBlue
Eva Energy
Exulto Consulting
ARK
CoinFirm
Bridges Law Firm
UDevOffice
Howdy
FinancialIT
ICO Details
The COSS token is a revenue-generating cryptocurrency, developed on the Ethereum public Blockchain as an ERC20 Token, that enables its holders to receive revenues in the form of transaction fees charged by the COSS system for cryptocurrency transactions. COSS has the nomination COSS and has 8 digits after the decimal point (e.g. 0.12345678 COSS). By using the ERC20 standard, we enable the currency to be stored and transferred to and from many ERC20-compatible wallets
Payout Structure: According to the company’s bylaws, each week 50% of the transaction fees collected by COSS through the Payment Gateway/POS and the Crypto Exchange, will be distributed to the COSS token holders.
Symbol: COSS
ICO Schedule: August 8 — September 6, 2017
Total Supply Token: 200,000,000 COSS
ICO bonus: 25%
Token Price: 600 COSS = 1 ETH
Funds Distribution Plan:
- 50% — IT Development, User Experience, Roadmap Completion
- 25% — Mergers and Acquisitions
- 10% — Marketing Plan
- 10% — Operations
- 5% — Shareholders, Board of Directors, Advisory Board
Escrow System:
All ETH from the Main Token Swap (ICO) that begins on August 8th , 2017 will go into a Multi-Sig Wallet with 3 Signatories.
The Release Procedure from the Escrowed ETH Wallet will take place annually based on the approved budgeting presented by the COSS Management:
34% — 2018 Budget
33% — 2019 Budget
33% — 2020 Budget