cosquare is a global social marketplace with its own CSQ digital currency. Merging the worlds of blockchain technology, social media and e-commerce, cosquare is on a mission to create a richer shopping experience for consumers, influencers and brands. The gamified shopping ecosystem empowers people to earn and liberates brands to sell direct-to-consumer.
cosquare makes cryptocurrency payments mainstream, accepting CSQ and all major crypto and fiat currencies. Committed to transparency towards all stakeholders, cosquare is an advertising-free, people-driven shopping universe.
cosquare is a globally scalable social marketplace with the potential to transform how a generation of social media users shop. Serving consumers, influencers and brands, cosquare combines blockchain technology, social media and e-commerce to create a fun social shopping experience.
CSQ, cosquare’s own currency, run on the Ethereum public blockchain, is a pure payment token and acts as a medium of exchange for products sold on the cosquare social marketplace. CSQ thereby fulfils one of the core functions of money as a medium of exchange for goods or services. Our vision is to make CSQ the number one currency for online shopping.
The cosquare social marketplace is designed to empower people and liberate brands.
Empowering people: Every user is both a potential consumer and influencer with the power to earn CSQ to spend on the platform or exchange to fiat and cash out. Every user can influence the buying decision of another through their social activity and can discover (new influencers, products and brands), share, buy, earn and gift on the platform.
Each user is entirely in control of their own cosquare universe, following only the brands and influencers they love. Committed to creating a fully people-driven shopping experience, there is no advertising on the marketplace. cosquare will however give users the opportunity to opt in to monetise their own data in a transparent way, rewarding them with CSQ for data monetised through brands and publishers.
A simple gifting function lets users gift each other the products they love. A user can accept or decline a gift, while cosquare protects their data. Users can also send instant peer-to-peer transfers of CSQ.
Liberating brands: cosquare liberates brands by facilitating them to sell direct-to-consumer, bypassing the traditional wholesale distribution model. The platform becomes a brand’s social flagship and unlike on existing social media, direct conversion takes place within the ecosystem, without any adverse impact on user experience.
cosquare seeks to make cryptocurrency payments mainstream. The platform accepts its CSQ currency and major fiat and cryptocurrencies. This feature enables brands to tap into the massive value held in cryptocurrencies.
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Ph.D. | CEO | FinTech in Stocks | Blockchain in Cryptos | Author of Amazon Best Sellers in Online Trading Rated on Sep 19, 2018 Modified on Oct 1, 2018
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3
7%
"Every user is both a potential consumer and influencer with the power to earn CSQ to spend on the platform or exchange to fiat and cash out."
Please explain clearly how you execute the part on cashing out with fiat?
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"Hi Clemen. cosquare will partner with an exchange, allowing users (consumers and influencers) to exchange the CSQ earned on cosquare into fiat. Fiat payouts are processed through our payment service provider. Please let me know if you have further questions."
1. Which exchange?
2. Which payment service provider?
Group CEO | Blockchain Entrepreneur |Fund Partner | Exchange Founder | Singapore Rated on Oct 2, 2018
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4
3
7%
Highly commercial project that is targeting mass adoption. MVP isn't out yet. The gamification idea isn't original but it can work here with good execution.
Founder Of BlockConnectors.io (Top Blockchain Advisory Firm In Asia) | Consulted 20+ ICOs | Marketing Expert Rated on Oct 11, 2018
3
4
3
7%
This ICO looks to be providing an interesting solution in the e-commerce industry. Its something like social commerce of sort. Am keen to see how they enter the market.
I like the concept of the project - the motivation of influencers to develop new brands. This project can give young designers a new market. There isn't information of the project's CEO on Linkedin. The prototype cannot be downloaded. I will follow the development of the project.
Team members are harmoniously well, but web site errors threaten the team's development capabilities.
I hope the MVP is fully functional.
This factor is very important because it enters a competitive market.
ICO Advisor | ICO Analyst | Blockchain Researcher Rated on Oct 9, 2018
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3
3
6%
The team looks capable. The issue with the model of allowing everyone to earn rewards is that in reality the rewards are typically very small for the average user, and the interest eventually dissipates.
This is not financial advice or a recommendation to invest in this or any other ICO. Investors must perform their own due diligence and not rely on external ratings to make their final investment decisions. ICOs are risky and 100% loss of capital is possible.
ICO Advisor | Blockchain Enthusiast | Venture Capitalist Rated on Nov 7, 2018
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3
3
6%
Project is not a new idea and has a lot of competition. Would like to see their partners in terms of brands on board and influencers that can differentiate the project from others.
Engineer Rated on Sep 17, 2018 Modified on Oct 12, 2018
5
4
3
6%
Solid balanced team of Business and Technology members.
Market is very competitive so solid partnerships will help.
I would expect more social media and github activities in coming weeks.
Website is bit buggy - please sort it out.
MVP needs to be actually something working product not just Graphics.
Will update ratings in coming weeks if I see the progress.
Good luck team.
[Update] Vision+ after discussion with team. Will wait for MVP.
CoSquare’s team is well balanced, with members from various disciplines. The website is functional but it still needs work to iron out errors and bugs. Another plus point for the project is that they will accept fiat currencies as well. This will help them reach a larger audience base. I am eagerly waiting for a functional MVP.
Co-Founder of COSS.IO & SCX Holdings and Seasoned Blockchain/FinTech Start-Ups Investor/Advisor Rated on Sep 24, 2018
3
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2
5%
Same old, same old. This type of project trying to merge divert sectors and creating an ecosystem based on a crypto asset has been floating around for a very long time. I can see that the team is quite solid but the success of such a project combines a lot of factors that are interdependent.
Lawyer & Director at Simon Zenios & Co LLC | Blockchain Legal Advisor | ICO | Law & Security Instructor at SGT Rated on Oct 18, 2018 Modified on Oct 23, 2018
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5%
Nice team with experience, CEO needs to update his profile for sure to gain more trust. Decent site with the information needed but needs working on. The project has potential and can give motive to future designers with the projects features. The MVP is available but needs to fixing of the errors and bugs. Overall, this project is one to look out for.
Blockchain Consultant; Scrum Master,CBP Rated on Sep 24, 2018 Modified on Oct 16, 2018
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5
5%
The team is quit big and have more or less experience in all fields. The vision is not new and a lot of projects try to be the social media platform for buying and selling activities. The website looks very cheap and I would change it. The prototype is just a side where you can scroll down pictures. I think it will be hard for them to succeed, because the competitors are already on the market.
Rerating: 16.10.2018
I had a talk with Duco Hiensch and he showed me a great working product, where the middleman doesnt exist anymore. The app isnt at the App store yet. They will show the product after the ICO because of the competitors. That what I saw was a good simple working social media platform for selling direct to consumer by a decentralized platform.
It is not the first time we see a project trying to merge e commerce, social networking and influencing marketing features. I didin't see why this project will succeed where others have failed. How many people will use the platform is the real question. The 100 billion tokens is a number beyond me. Is there any reason that the number is that high? There is no soft cap, so that means the project will start anyway? The team looks big for that kind of project and the founder has no previous experience. Good for them for picking Switzerland to start their ICO.
Duco HienschICO team member replied on 12 Oct 2018
Hi Jayesh,
Thanks for your review.
We do have a working MVP, but it’s not online yet. I’m happy to connect to present cosquare and give an MVP demonstration to you or anyone interested in the project.
Entrepreneur, Blockchain Evangelist, CEO, Fintech Business Advisor Rated on Sep 24, 2018 Modified on Oct 17, 2018
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5
5
2%
Great use case for blockchain and cryptocurrency alike.
Team looks strong and have the relevant experience.
Vision combines ecommerce and social networking which is a double benefit to both user and vendor for marketing and brand awareness.
Really great idea.
My only concern is the platform using an erc20 token which has gas/gwei costs that can increase over $5 a transaction based on the network.
Therefor a low cost item could become double the cost due to the transaction cost. (Experienced this myself).
The token use as payment method is also a worry as people like variety.
Cryptocurrency, Trading & Investing Rated on Oct 1, 2018 Modified on Oct 1, 2018
4
3
4
2%
This ICO looks to be providing a useful solution in the e-commerce industry. This social marketplace has the potential to transform how a generation of social media users shops. I like that the CSQ Token will act as a medium of exchange for products sold on the cosquare social marketplace. The team has a good track record. and is very well qualified. The Medium blog is very engaging. The team is young yet extremely well qualified as is so often the case with Eastern Block tech companies. This ICO goal looks realistic.
Founder TOTS Rated on Sep 26, 2018 Modified on Feb 19, 2019
3
2
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2%
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Perpetual THC AG is founded in St. Gallen, Switzerland, and acquires the intellectual property rights of a social marketplace from cosquare holding B.V., cosquare technology B.V. and cosquare B.V.
2
Q1 2018
Ideation of blockchain application with own currency for payment and reward system.
3
Q2 2018
Founders of cosquare join Perpetual THC AG. Conceptualisation of token economy and smart contracting. Delivery of platform prototype and development of White Paper.
4
Q3 2018
Cosquare AG founded in Zug, Switzerland. Pre-ICO token sale begins. Integrate blockchain application layer with social marketplace.
5
Q4 2018
ICO token sale begins and sales team begin onboarding brands.
6
Q1 2019
ICO token sale ends. Integrate exchanges. Roll out go-to-market strategy to attract brands and influencers.
7
Q2 2019
Launch MVP (web, iOS and Android) and sign 100+ brands. Enable CSQ and cryptocurrency purchases, gifting, direct messaging and tracked sharing.
8
Q3 2019
Introduce decentralised influencer agency portal. Enable users to opt in to monetise their own data.
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Q4 2019
Dynamic media delivery and expanded product offering capability.
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Q1 2020
Expand online offering to include services and experiences.
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Q2 2020
Roll out payment solution for CSQ at brands’ offline stores.