COSS.IO Update February 13th, 2019
- Valentine’s Day promo
- COSS Video competition
- COSS goes to the Philippines
- Pitcher Perfect Talk@UCIM, 15th Feb
- Singapore Blockchain Talk@360 Lounge,19th Feb
- Dev updates
- Security@COSS
- ACCESS CNY Award dinner
- News around the cryptosphere
Happy Chinese New Year, everyone! For those who celebrate it, we hoped you enjoyed the festivities, and we wish everyone a prosperous Year of the Earth Pig. The highlight of every Chinese New Year is always the fireworks display; let’s hope we make fireworks of our own for COSS in 2019!
Traditionally, the holidays run for about two weeks, but we are already back after two days, working hard on COSS and of course, working off all that bak kwa!
Valentine’s day is coming up next, and we have a 25 CFT Airdrop promo!
Start: 14 Feb 2019 00:00 GMT+8
End: 14 Feb 2019 23:59 GMT+8
Eligibility: Make one deposit and trade any cryptocurrency to qualify.
Public service announcement: Spend time with your loved one before/after your trade!
But that’s not all! We are excited to announce a new contest, this time on Youtube!
Produce a video promoting COSS, the exchange or the token, and/or CFT and post it on Youtube. Three ways to win 1K USD worth of COSS and CFT tokens!
-Top 10 no. of views wins 1k USD worth of COSS and CFT tokens (50/50 allocation).
-Top COSS telegram community vote gets 1k USD worth of COSS and CFT tokens (50/50 allocation) extra *A Google Form will be created for community voting purposes.
-The most creative video (as voted on by COSS Management) will qualify for 1k USD worth of COSS and CFT tokens (50/50 allocation).
Duration of contest: 13th Feb — 30th March 2359h
Submit your Youtube URLs to COSS telegram chat and tag Razz, our community manager.
- Results will be announced after the 30th of March.
- No restriction on video length and language, however, do take note of the qualifying criteria.
- COSS Pte Ltd ( hereafter ‘Company’) reserves the right to use any material produced for their marketing efforts as the Company sees fit.
So flex your creative video making muscles and get in the contest. We will hold more community contests in the future to get everyone into building COSS up to become the behemoth it can be!
Kamusta Philippines! COSS will have a presence at the Crypto Massive Adoption Roadshow starting from Feb 16th at BlockchainSpace Makati.
Learn more about COSS; our platform and native tokens at our presentations and get CFT airdrops to kickstart your trading on COSS.io!
This is an excellent opportunity to promote our platform, and we are honored to be part of the roadshow. Come check us out!
Rune Evensen, CEO of COSS.io will be giving an extensive introduction on Coss Fee Token (CFT) on 15th Feb at Pitcher Perfect, an event hosted by UCIM(United Conference of Internet Money)
Date:15th Feb 2019
Time: 5 pm onwards
Location: Huobi Headquarters, Singapore 8 Marina Vw, Central Business District,01, Postal Code: 018960
Rune will also be giving another introduction on Coss Fee Token (CFT) on 19th Feb so join us if you missed the first one.
Date:19th Feb 2019
Time:6.00pm-8.30pm
Location:360 Lounge, 138 Robinson Road, Oxley Tower, #20–01
We will scale up our marketing efforts weekly, starting from today, and this talk, as well as the other events mentioned just now, marks the start of our marketing campaign and the beginning of a series of CFT pitching sessions to potential investors.
Speaking of marketing, we want to throw in a quick little snippet: We will have an MOU signing next week with more details in the following medium!
Dev updates. We’ve been working on our back office, which ultimately leads to a better experience for you. Here’s a broad overview of what we have been up to:
- Improving our withdrawal/deposit processes to provide a more seamless experience for you
- Node normalization technology, which will make it faster and easier to add new nodes and chains in the future — meaning more cryptos for you to trade
- Optimizing web sockets and data flow sizes to users, thereby enhancing the overall performance and speed of the exchange
We are also targetting to add JPY and SGD Fiat pairs in March. This is in line with our vision to onboard more users and gives them an easier on/off ramp into trading cryptocurrencies.
In this rapidly evolving cryptocurrency space, security has always been on everyone’s minds. In light of recent events such as the loss of user funds on QuadrigaCX and the hacking incident with Cryptopia, we wanted to take a moment to address some aspects of our security policy and keep you informed.
Legal Security
Our exchange cold wallets are Multi-Sig wallets. A Multi-Sig wallet needs a list of authorized people to agree on an action before that action can happen, the idea being that multiple people cooperatively controlling exchange funds will result in extra security and action in the event of any unforeseen situation.
For example, if there is an unusual transaction happening on the exchange, it would require the signature of several of our staff to ‘sign off’ on that transaction before it can be broadcast on the blockchain.
In addition, legal processes are in place to govern exchange funds should any unforeseen situation occur. This could, for example, be in the form of a legal ‘caretaker’ assuming control and addressing user claims.
Tech Security
Everyone has a part to play in security when dealing with cryptocurrencies, and Exchanges are part of the actors in the stage. You deserve assurance and peace of mind when using an exchange to trade, and Technological Security is one of our obsessions.
Which is why we are proud to announce that we are going through an extensive security audit by Hacken.
Hacken is a giant in the world of cybersecurity, offering their services and products to help companies all over the world fortify their cyber defenses. Besides their security audits, they will also unleash the full might of their white hat hacker community at our platform, which will give us valuable insights and data on how we can further strengthen our exchange.
There are a few other exciting things regarding Hacken that we will keep under wraps for now, so stay tuned for more from them (and us) soon!
Rune attended the ACCESS(Association of Crypto-Currency Enterprises and Start-ups Singapore) award dinner last night, where he was given an award for his contribution to the blockchain ecosystem in Singapore.
The SPICE program is an industry-driven initiative to promote best practices and a code of conduct to strengthen regulatory compliance for the Crypto sector in Singapore. It is a joint project by MAS (Monetary Authority of Singapore), ABS(Association of Banks in Singapore), ACCESS and TEA(Token Economy Association), and COSS Pte Ltd is proud to be a practitioner sponsor in this initiative and help build up the foundations of cryptocurrency adoption in Singapore.
News from some of the projects listed on COSS.io :
Check out Bluzelle’s BERNOULLI release of their decentralized database. It has been running for well over a month now, and stability and resiliency have been greatly improved over its predecessor.
Vinny Lingham, CEO of Civic has been named as a Top 100 influencer in Identity by One World Identity. We are proud to have Civic as one of our strategic partners and stay tuned for more developments in this partnership, coming up soon.
MyEtherWallet(MEW) integrated Kyber Network’s liquidity protocol since April 2018, which has allowed millions of users to perform seamless token swaps on MEW.
Stay tuned for more updates and again, Gong Xi Fa Cai!
Join in the community at our various channels :
- Telegram Announcement Channel : https://t.me/COSSchat
- Telegram General Discussion Channel : https://t.me/myCOSS
- Telegram API/Bot Discussion Channel : https://t.me/COSSAPI
- Chinese telegram: https://t.me/myCOSSchinese
- Facebook : https://www.facebook.com/cosscrypto/
- Twitter : https://twitter.com/cosscrypto?lang=en
- Reddit : https://www.reddit.com/r/CossIO/
- YouTube : https://goo.gl/hd6tBg
