Voting at Coss
Hi there,
First of all, we'd like to thank all of you for your interest in and support of COSS and its endeavors. The last couple of months preparing for the ICO and actually launching it taught us many useful lessons, and with this knowledge, we are now adjusting the strategic planning for next few years. Importantly, we now have a much better idea of the community's needs thanks to our communication via Slack.
Long before the token sale was over we started to receive questions and the feedback from the Token Swap contributors concerning the unsold tokens and various other aspects of the beta version of the Crypto One-Stop Solution platform. Many great ideas were proposed and taken into consideration by the COSS Team. We know that all of you have been waiting for the updates following the ICO, and we appreciate your patience. Finalizing the results of COSS Token Swap (ICO) took us a while, however, we didn't want to rush with important decision-making. The voting system is set in place and will become available to you in just a few hours.
Tomorrow, September 10 at 9 am Singapore time (GMT +8) the voting will start. It will last for 48 hours ending at 9 am (GMT +8) on September 12. The voting will take place on your Dashboard at coss.io, so please make sure to log in to your account in order to participate. During these 48 hours, the voting options will be posted on the Dashboard and you will be able to tick the preferred one. We will screen the results and will announce them soon after via email and social media. The more COSS tokens you hold the more voting power you have. This information will be available on your Dashboard after logging in.
The COSS Token that you have purchased will be released and distributed to the holders' wallets on September 20 and will become tradeable on COSS exchange the same day. The token will generate revenues independently of any control. The revenues will be then paid-out to token holders directly. You can anticipate the first revenue-share pay-outs in the beginning of October, and then regularly on a weekly basis.
Don't miss the possibility to use the voting power of your COSS tokens starting from 9 am (GMT +8) tomorrow.
In case you have any questions or concerns please contact us via Slack.
Happy voting!
Best,
Your COSS Team
The voting was supposed to be for addressing our concerns for "
concerning the unsold tokens"! There were few simple options Lock in the rest of coins for 2-5 years, Burn the excess coins or distribute between existing investors.
