Saturday 26 August 2017

COSS TOKEN


Mission

The main goal of COSS is bringing cryptocurrencies to the masses. What COSS aims to cater to its users is a complete and seamless experience of accessing the available cryptocurrency services and products in the same place. From the very first moment a customer decides to use cryptocurrency he/she is guided through the platform and its features. Protected from any unwanted negative experience, the user will continuously find the new possibilities to use the platform and to interact on it.

By means of this integrative approach to virtual currency services, the COSS platform aims to become the most preferred medium, familiarizing the COSS customers with the cryptocurrencies and the ways of using them. For this purpose, the COSS platform is equipped with its own token, a wallet, an exchange, a merchant platform, payment gateway / POS and a list of features that are closely related to the use of crypto.
Vision

The COSS team is visionary in the way it approaches the development of the Crypto-One-Stop-Solution. On the track to the massive cryptocurrency adoption we do not allow the limiting belief systems to interfere with the development of the COSS platform. We accept the changes that the rapidly-evolving technologies bring, and welcome innovation on any and every level.

We plan our success with determination and implement it into our strategy that implies the following steps:

  providing for all the cryptocurrency users' needs via one-stop-solution services;
  rewarding users for bringing new merchants and affiliates on board;
  establishing a marketplace, where cryptocurrency users and merchants can meet each other   seamlessly;
  issuing tokens with real value;
  expanding the network of customers by providing the high-quality services;
  enhancing the security of the system;
  adopting the disruptive innovations.


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).


Step by step guide how to participate in the COSS Token SWAP

    Go to www.ico.coss.io
    Click Register for the Token Swap
    Fill in Name and Email address
    Click the verification link in the email from coss.io
    Log in to your coss dashboard
    Click Contribute now
    Enter the amount of ETH you want to swap
    Copy the ETH address shown in your Dashboard
    Go to your ETH wallet and send the amount of ETH to the ETH wallet shown in your dashboard
    The amount of COSS Tokens you are entitled to will show in your dashboard
    Link your ERC20 compatible wallet to your profile if you wish your COSS token sent directly to you upon release
    If 11 is left blank, your COSS token will be released to your COSS wallet on coss.io
    You are all set. Wait until September 20th for the COSS Token Release.


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:
 COSS

Total supply:
 200,000,000 COSS Tokens (Two Hundred Million COSS Tokens)

Exchange Rate:
1ETH = 600 COSS Tokens


COSS 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 Time
The 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 Time
The Token Swap (ICO) will end on 6th of September – 08:08 PM SG Time
 30,000,000 COSS Tokens – Developers, Staff, Strategic Partners**, Operations
 10,000,000 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 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



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