Topic: [ANN][ICO]COSS Token Swap ICO is LIVE - page 138. (Read 124537 times)

I belive that we'll see 10USD in next months for sure 

am i getting the proportion just by keeping my coss token at exchange or i should make external wallet to get the devident

From the exchange, they'll share all the coins they get, so you'll get a proportion of every transaction there, every coin deposited in your account.

how does COSS pay revenues from exchange and payment gateway ETH, COSS, etc.?

I think you want to buy cheap money.

WTF IS THIS

https://www.reddit.com/r/COSS/comments/74es8m/rune_evensen_history_of_mlm_scams/

Dear all.
Sorry for not visiting here more often, but we have super busy days and we are also catering our community on slack with frequent updates.

The token swap came and went smoothly in our minds. Tokens have been allocated, although there were some hiccups with the bounty spreadsheet that has led us to bring back in the bounty manager to sort things out. Some (or most) bounty participants have gotten their tokens already, but there are still several that haven't.

We reached a new milestone today with coss.io exchange for the first time hitting 500,000 I daily volume (661,000 in time of writing this post) and the COSS token also past 500,000 in daily trading volume (760,000 in time of writing divided by the exchanges coss, etherdelta and HitBtc) More exchanges to be added in the near future.

The first Token Based Fee SPlit Allocation (The COSS Fair Share program) will be calculated this coming Sunday. And all COSS token holders can participate by either holding their tokens on coss.io or on MEW (but for MEW you need to add an identifier code that you will find on your COSS dashboard)

We have seen the listing of many new tokens on the exchange such as:
KNC (KYBER)
SUB (SubStraum)
IND (Indorse)
PIX (Pixlar)
And of course COSS Token.

There are currently 40+ trading pairs and many new tokens will be listed in the very near future. The first upcoming once on our schedule is:
KIN
LINK
TEU
HGT
ENJ
+ more.......

The team is growing and has also gone through some minor changes.
We are also bringing more inhouse IT to Singapore with both back end and front end developers.

Thank you for your attention. As said, I am not very often in here, but feel free to contact us at [email protected]

The exchange's representatives have been active in the slack,soliciting feedback and making a list of improvements for the exchange.
I've been extremely impressed with their responses and encourage anyone who has questions to go visit them.

https://cosstokenswap.slack.com is the link.

Regarding the VEROS scam accusations:
From talking with the dev, here is the deal: Some of the dev team for COSS (Not the entire team. It is NOT the same company) worked with a cryptocurrency called VEROS earlier this year. VEROS was an ERC-20 currency token that ran on the etherium blockchain.  To encourage users of the currency to bring in more people to the community, most of the currency was locked up at the start, and that as more people were brought to the platform, it would be unlocked. It was neither an MLM nor a scam, it was used in a number of stores, there were ATMs that accepted it, and it did okay for itself.  But it had a fatal flaw: under the system, the VEROS company would have to pay the gwei for gas transactions.  This worked fine when ETH was 10$, but as ETH grew to 20$, then 50$, then 100$...  The gas transactions became so expensive that the business model was unsustainable and the business had to close down.

There's an important lesson there about the future of the Etherium blockchain, but that's off topic.

VEROS also got involved with an affiliate called Excallit, which was a pure MLM scheme.  If you google "veros scam" most of what you see relates to Excallit.  Veros's team wrote the marketing plan as a consulting job.  This was a mistake, and the community representative has owned up to it.  He was neither defensive nor evasive about it.  I was very impressed with his openness and willingness to talk to people.

If this was at ICO stage, I wouldn't touch it.  MLMs are sleazy stuff and even the slightest hint of association with one would turn me off.  But we are not at ICO stage.  The exchange is up, running, and working beautifully for a new product: It did 500,000$ of business today, according to coinmarketcpa, and handled it all without a hitch.  It's better looking and more pleasant to use than both coinexchange.io and liqui.io, and I personally prefer the design to bittrex. I've spoken with both their community representatives and their support team and I've been happy with them both.  

This product is a beauty, and I'm glad I bought a giant stack of the coins.  Since COSS shares the fees, it means that I'll be getting paid in whatever the most popular coin is.  My first payment comes out in Sunday.  Exchange volume is still small, so I won't be getting much, but I should be getting some SUB, ARK, BTC, and of course, even more COSS.  It's like proof of stake, except instead of being paid in more COSS I get paid in whatever most people are trading.  

Currently selling for less than 1/5 the ICO price. Strong volume, easy buy.