Hi Steemit ),
I'm really into financial exchange coins because they are easier to evaluate. There are already the most popular ones (BNB from binance) and Kucoin shares.
I have found a new one that has not yet exploded - COSS, and I feel it is the winner for a variety of reasons:
One of the biggest strengths of the COSS coin is that it actually has a real-world use value. It is quite literally the crypto equivalent of owning a stock. COSS will pay out 50% of all the fees collected on its exchange. You will be paid a certain monetary amount per COSS coin that you hold. The exact formula is as follows. [(Daily Trading Volume) x 7 x 0.002 x 0.5]/93 mil = payout per coin. To put that into perspective, let’s say that COSS reaches the level of volume that Binance does (considering that less than 1% of the world is invested in crypto, that is absolutely plausible). Binance does 6 billion per day in transactions. The formula to calculate your payout would be [6,000,000,000 x 7 x 0.002 x .5]/93,000,000 = .45 dollars per coin per week. If you were to buy just 1000 coins (which would cost about $2100 USD at the time of this writing), you would be making $450 per week in dividends alone. If you were to buy 10,000 coins for $27,400, you’d be making $4500 per week. You’d be making $234,000 per year by just letting your money work for you. This coin has retirement level potential, which is why I like it so much. If KucoinShares (the COSS token equivalent of Kucoin) can reach almost $18 per coin with a 50% dividend that is going to be reduced to 15% over time, why shouldn’t COSS absolutely skyrocket past $18 if COSS will offer 50% dividends forever?
Eva