THE RISE OF IDE
The fixed value of cryptocurrencies as an alternative payment method has reached a critical period between investors, entrepreneurs, and consumers over the past few years. Such popularity will not happen without blockchain technology, which has taken a number of world banks and companies in an effort to improve the efficiency of their services. The permeation of cryptocurrency and blockchain technology into the global market is not just a technological trend but rather stable toward a better future, where managing personal finance becomes easier, faster, cheaper and safer.
The cryptocurrency industry has resulted in an entirely new market, or series of market-driven technologies, potentially disrupting existing market strategies and conventional business practitioners. However, like other industries, the cryptocurrency industry has to face a number of obstacles, which slows its distribution naturally among non-technical users. One of the challenges is the absence of a one-stop solution that will bring the existing services together into a 'user friendly' ecosystem.
We wish to present a comprehensive method that enables to improve the overall user experience of cryptocurrency through COSS, Crypto-One-Stop-Solution. COSS. The platform forms the foundation for the cryptocurrency user community: corporations, startups, traders, customers and traders become viable markets, combining the last three elements into an ecosystem that can increase the mass adoption of cryptocurrency
With COSS, usability issues, related to virtual currency are solved in an innovative way. The platform gathers the most popular cryptographic services and products into a single portal that allows users to gain control over their finances, to manage transactions, to integrate merchant payments, to save funds and more. Or you can read our whitepapper .
ABOUT COSS PLATFORM
COSS (Crypto-One-Stop-Solution) is a platform that includes all features of the digital economy system based on cryptocurrency. The COSS system consists of: a payment gateway / POS, exchange, merchant list, market rank, market, online wallet, various coin facilities and mobile platform. The COSS platform brings together all the transactional aspects that are typically managed using FIAT money, and offer several cryptocurrency-related services in one place. The list of potential features of the platform can be unlimitedly extended, and will continue, growing as platform develops
The COSS (Crypto-One-Stop-Solution) platform is designed to facilitate the application of cryptocurrencies and comes with a native token named COSS, which generates interest for the owner. Key features of the platform are Payment Gateway merchant, POS (Point of Sale) and exchange system. The COSS platform operates as DAO (Distributed Autonomous Organization), which transfers 50% of all transaction costs to the owner of the DAOS CROSS tokens.
COSS will run a DAO (Distributed-Autonomy-Organization) that shares its revenue with holders of TOKEN. DAO is supported by COSS tokens, a crypto built on the Ethereum platform proving the sharing rights in the COSS application. 50% of revenue generated by DAO is shared among the token owners. Tokens COSS DAO is operated through a smart Ethereum contract that controls the distribution and allocation of revenue streams generated by the platform. The platform itself is operated by COSS Pte Ltd. Registered in Singapore, and therefore centralized. 50% of revenue generated by the platform is paid to the owner of the COSS DAO token in the form of transaction fees originating from the appropriate currency .
Platform generates revenue from 3 SOURCE:
Withdrawal fee:
Cryptocurrency withdrawal fees generate revenue for the platform, but most of the costs are used by the network to process the withdrawal. Throughout this process no direct revenue is generated, which means no amount of withdrawal fee divided by the owner of the DAO tokens.
Stock exchange transaction fee:
COSS uses a decision-making transaction cost scheme, which generates pure revenue for the platform. The fee is charged from both members who participate in the trade. 50% of this revenue is shared with the owner of the DAO tokens.
Fees start with 0.2% of takers and maker costs, and end with 0.04% coming from transactions.
Payment gateway :
Merchants selling goods through a payment gateway or POS create revenue
For platforms
Costs are generated in the crypto used for the transaction. Cost
Generated in both cryptocurrencies are traded in a pair. In the case of FIAT pairs, only the fees paid in cryptocurrencies are distributed to the token holders.50% of this revenue is shared with the owner of the DAO tokens.
The COSS merchant platform operates at a cost of 0.75% derived from each transaction.
COSS TOKEN
COSS TOKEN is a revenue-generating crypto, developed in Ethereal Blockchain as Token ERC20, which enables the owner to receive revenue in the form of transaction costs imposed by the COSS system for cryptographic transactions.
COSS token holders receive income into their wallets every week. Currently, the division generated revenue from transaction fees when the payment in Bitcoin, Ether, and other cryptographic supported by COSS sent through the Payment Gateway / POS and / or via Crypto Exchange. In the nearest future, COSS will adopt other revenue generating features.
Symbol: COSS
Total inventory: Token COSS 200,000,000 (Two Hundred Million Token COSS)
Exchange Rate: 1ETH = 600 Token COSS
Allocation COSS Tokens:
COSS TOKEN SWAP / SALE OF TOKEN COSS
Supply Maximum - 200,000,000 Token COSS
PHASE 1
25,000. *** COSS tokens allocated to Developers, Staff, Strategic Partners, Shareholders and Board of Directors will be locked for 180 days. COSS Tokens Swap (ICO) - Distribution Plan Fund: 50% - IT Development, User Experience, Settlement Road 25% - Merger and Acquisition of 10% - Marketing Plan 10% - Operating 5% - Shareholders, the Board of Directors, Advisory Board System Escrow : All ETH from the Main Token Swap (ICO) starting on August 8, 2017 will enter into Multi-Sig Wallet with 3 Signors. Disposal Procedures from ETH Escrow Wallet will be made annually on the basis of approved budgeting submitted by COSS Management:
1.Visit www.ico.coss.io
2.Click Register for Token Swap
3.Fill in Name and Email Address
4.Click the verification link in the email from coss.io
5.Sign in to your coss dashboard
6.Click contribute now
7.Enter the amount of ETH you want to exchange
8.Copy the ETH address displayed on your Dashboard
9.Go to your ETH wallet and send ETH amount to ETH wallet displayed on your dashboard
10.The number of COSS Tokens you are eligible to display on your dashboard
11.Link your ERC20 compatible wallet to your profile if you want the COSS token sent directly to you when launched
12.If 11 is left empty, your COSS token will be released to your COSS wallet in coss.io
13.You're ready Wait until September 20 for COSS Token Release.
Official Website: https://coss.io/
Twitter: https://twitter.com/cosscrypto
Facebook: https://www.facebook.com/cosscrypto/