1. The button only converts the ETH currently so the idea is a) as the exchange pick up volume it will be a bigger return. b) hold the stuff till u have more c) buy more COSS
2. They are working on the DAO system that will convert ALL non-ERC20 tokens into ETH to be distributed as such.
3. The other ERC20 tokens will go as they should to the appropriate wallets
KEEP IN MIND:
- COSS is only a month old
- In less then a year they should be doing 100M a day
- That doesnt include the $$$ from any other sources , the COSS card, platforms, mechant payments, etc.
- They have been talking about the possibility of having holders be able to choose how they would like to receive their payments. (All ETH or BTC vs a mix)
- Dividens are paid by "stocks" , Distributions are paid by COSS.
- Its a safe bet that COSS does 50M in volume in 6months , so you can multiple your current earnings by 50x
- I hold 204,300 and some odd COSS and my total value of the payout for the 2 blocks (added up all the total values) is currently $61.33
- No, the ROI isnt huge right now, BUT there will be 3 very near, tipping points.
A ) Rune told me to DAO should be done this week and fully working next Tues. A finished DAO is a big milestone and I dont think we see sub .25 again.
B) As soon as they add the 8 or 10 coin Rune was saying they are adding, that will kick to min .30
C) By the end of the year, Ill eat my D*ck on National TV too if COSS isnt doing 3M a day in volume. Essentially making the returns 3x (1m to 3m a day) and.....
Boom.
We have a $1 COSS by Jan.
That makes a psychological barrier break and then, 2, 3,4 etc. I see COSS at $5-8 end of next year and $10-15 in 2 years.
Load up gents
That would be great outcome if all goes well and smoothly for the exchange. Unfortunately things change fast in crypto and COSS is coming into a time when dividend paying assets are considered securities and are under heavy scrutiny from the Governments of the world I wonder how the exchange and team plans to handle that should it come into question. Either way, I plan to accumulate a good chunk for passive income jic this exchange does take off smoothly.