Altcoin ICO Coss.io ( Token Swap ICO Live !!! )
COSS TOKENSWAP
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).
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
