COSS TOKEN SWAP
About COSS:
COSS stands for Crypto One Stop Solution, and represents a platform which aims to encompass all features of a digital economical system based on cryptocurrency. COSS has been launched in the Beta Version on the 1st of April, 2017 with a Payment Gateway/POS for online and offline stores allowing Merchants to accept payments for their services in various cryptocurrencies, and a fully-operational Crypto Exchange. So far, these are the two most important features of COSS, that is currently integrating many the 3rd-party providers, who will offer their services through COSS.
COSS is designed as a living project with infinite possibilities for extension, aimed to bring cryptocurrencies to the masses by adopting and facilitating all the existing crypto- and the blockchain-related services and products into a user-friendly, intuitive and easy-to-use environment.
The number of customers and merchants listed on the COSS marketplace is constantly increasing, and currently counts 150 Merchants and over 1000 users. COSS has an international team spread many locations across the world from Singapore (the managing board) to New York (branches) and Bucharest, Romania (Development Team).
ARCHITECTURE
The exchange engine is powered by Node.js and is a high-speed single-threaded application. The back-office management applications are built using the Bootstrap framework and Node.js. This area is independently built from the rest of the application and they communicate through dedicated calls in order to improve security. The communication layer between GETH and the front-end application is implemented by means of Node.js, which uses an event-driven, non-blocking I/O model allowing it to manage communications between the users and the COSS system. The Node.js application communicates with GETH through IPC (Inter-process Communication), memory/pipe based communication between processes on the same machine. The Node.js application shares the same server with Geth.
DAO OPERATION
COSS will run a DAO (Distributed-Autonomous-Organization) that shares the revenue with its holders. The DAO is sustained by the COSS token, a cryptocurrency built on top of the Ethereum platform that proves rights of the revenue share inside the COSS application. 50% of the revenue generated by the DAO is shared among the token owners.
The COSS DAO token is operated via an Ethereum smart-contract that controls the distribution and the allocation of the revenue stream, generated by the platform. The platform itselfs is operated by COSS Pte Ltd. registered in Singapore, and is therefore centralized. 50% of the revenue generated by the platform is paid to the COSS DAO token owners in the form of the transaction fee derived in the appropriate currency.
The mission of COSS is:
The main purpose of COSS is to meet the needs of its users is a complete and unlimited experience to access cryptographic services and products available in the same place. From the first moment the customer decides to use crypourrency, he is guided through the platform and features. Protected from unwanted negative experiences, users will constantly discover new possibilities to use the platform and interact with it.
Using this integrative approach to virtual currency services, the COSS platform aims to be the most preferred medium, which introduces COSS customers with crypto and how to use it. For this purpose, the COSS platform is equipped with tokens, wallets, exchanges, merchant platforms, payment gateways and feature lists that are closely linked to crypto usage.
COSS’s vision is:
Crypto-One-Stop-Solution development approach. In a massive crypto-top adoption path, we do not allow a restricting trust system to interfere with the development of the COSS platform.
We accept the changes developed by the rapidly growing technology, and welcome innovation at any and every level.
COSS Road Map:
This project seems very interesting and here we provide basic information. We have tried to bring you closer to this promising project, but to know all the information, to the level of detail, we recommend that you look at the official, very detailed whitepaper and announce a clear understanding of whether you are an expert or a novice in blockchain technology.
Team COSS:
COSS has international teams spread across the globe with a Singapore-based management board, and branches in New York and Bucharest (development team).
In addition to having core team members located at the above mentioned locations, we take great advantage of being decentralized and inclusive together with having team members spread across the world and contributing to COSS remotely.
ICO COSS:
During Fire Swap (pre-ICO) coins of 25,000,000 COSS will be released / sold. The minimum purchase on this offer is 50 COSS tokens worth 50 ETH (ETH to COSS exchange rate will be available before pre-ICO start) with a 25% bonus. This offer can expire anytime until 25,000,000 COSS tokens are sold. The COSS token holder will receive a weekly income from the COSS DAO purchase value of the transaction fee on the COSS platform governed by the Smart Contract System. Thus, the COSS token has an inherent value attached to it from the time of publication.
Crowdsale CROSS opens on August 8, 2017 — September 6, 2017.