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.
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
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COSS has an international team spread across the world with the managing board based in Singapore, and branches in New York and Bucharest (development team). Apart from having the core team members residing in the above-mentioned locations, we take a great advantage of being decentralized and inclusive at the same time by having team members spread across the world and contributing to COSS remotely.
