The Project Ico Coss Platform Ethereum Blockchain

awansw
awansw
Aug 27, 2017 · 4 min read

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 teamspread many locations across the world from Singapore (the managing board) to New York (branches) and Bucharest, Romania (Development Team).

Token Swap (ICO) Details

What is a COSS token?

The COSS token is a revenue-generating cryptocurrency, developed on the Ethereum Blockchain as an ERC20 Token, that enables owners to receive revenues in the form of transaction fees charged by the COSS system for cryptocurrency transactions.

The COSS token holders receive revenues to their wallets on a weekly basis. Currently, the revenue share is generated from the transaction fees when payments in Bitcoin, Ether, and other cryptocurrencies supported by COSS are sent via the Payment Gateway/POS and/or through the Crypto Exchange. In the nearest future, COSS will adopt other revenue generating Features.

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:COSSTotal supply:200,000,000 COSS Tokens (Two Hundred Million COSS Tokens)Exchange Rate:1ETH = 600 COSS TokensCOSS Tokens Allocation Plan:Maximum Supply – 200,000,000 COSS Tokens (200 mil)25,000,000 COSS Tokens – Fire Swap (pre-ICO) (25% Bonus – 50 ETH minimum buy-in)The Fire-Swap will open on 10th of July 3 PM SG TimeThe Fire-Swap will close on 13th of July – 3 PM SG Time

130,000,000 COSS Tokens – COSS Token Swap (ICO) (minimum amount is 0.001 ETH)The Token Swap (ICO) will start on 8th of August – 08:08 PM SG TimeThe Token Swap (ICO) will end on 6th of September – 08:08 PM SG Time30,000,000 COSS Tokens – Developers, Staff, Strategic Partners**, Operations10,000,000 COSS Tokens – CAP (COSS Affiliate Program)5,000,000 COSS Token – Shareholders***/Board of Directors***/Advisory Board*****COSS Tokens allocated to the Advisory Board will be locked for 90 days.
*** COSS tokens allocated to Developers, Staff, Strategic Partners, Shareholders and Board of Directors will be locked for 180 days.COSS Token Swap (ICO) – Funds Distribution Plan:50% - IT Development, User Experience, Roadmap Completion25% - Mergers and Acquisitions10% - Marketing Plan10% - Operations5% - Shareholders, Board of Directors, Advisory BoardEscrow 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 Budget33% - 2019 Budget33% - 2020 Budget

Website : https://coss.io
ICO : https://coss.io/ico
Whitepaper : https://coss.io/documents/coss-whitepaper-v3.pdf
Twitter : https://twitter.com/cosscrypto
Facebook : https://www.facebook.com/cosscrypto/
Slack : https://join.slack.com/t/cosstokenswap/shared_invite/MjI0MTIyMzEzOTA4LTE1MDIyNDcwOTAtZDhjZmRjZGI2Zg
ANN Thread : https://bitcointalk.org/index.php?topic=2050831.0

My Link Bitcointalk Profil : https://bitcointalk.org/index.php?action=profile;u=804119;sa=summary

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