[ANN][ICO]COSS Token Swap ICO is LIVE

[Jackling]

I plan to invest, please answer?

- Will the unsold coins burn?
- Is this the case?

We are taking suggestions from the community on slack. And once the sale is over there will be multiple options and the community/token holders will be able to vote to decide what will happen with unsold tokens.

BURN IT!!

[qiwoman2]

This is my view on it: Keep 10% for dev team if need to hire more people.
10% for future community bounties etc that might help on promoting it.
80% Burn perhaps?

I have nearly 2k of COSS now and waiting for an ETH buy order to fill and I will munch on a few more with the 6% bonus.  

If from 130 million tokens it goes down to even 20 Million, each token COULD be worth x 10 in marketcap once it hits exchanges lol.

[Vangardo]

This is my view on it: Keep 10% for dev team if need to hire more people.
10% for future community bounties etc that might help on promoting it.
80% Burn perhaps?

I have nearly 2k of COSS now and waiting for an ETH buy order to fill and I will munch on a few more with the 6% bonus.  

If from 130 million tokens it goes down to even 20 Million, each token COULD be worth x 10 in marketcap once it hits exchanges lol.

If 80% is burned, then there will be a minimum of 10x

[beraksekebon]

Join the bounty twitter campaign. Good luck!

[coss-rune]

This is my view on it: Keep 10% for dev team if need to hire more people.
10% for future community bounties etc that might help on promoting it.
80% Burn perhaps?

I have nearly 2k of COSS now and waiting for an ETH buy order to fill and I will munch on a few more with the 6% bonus.  

If from 130 million tokens it goes down to even 20 Million, each token COULD be worth x 10 in marketcap once it hits exchanges lol.

If 80% is burned, then there will be a minimum of 10x

Just throwing out a hot torch for consideration and comments.

If a large amount of tokens would be burned, and the dev and stakeholders also would be diluted accordingly. Then what about the amount set aside for bounty? Wouldnt that indirectly represent a unfair large portion of the tokens in circulation?
Asking it here since many of you are in the bounty program. It is JUST a question for now :-)

[Isaaq.Almaguer]

This is my view on it: Keep 10% for dev team if need to hire more people.
10% for future community bounties etc that might help on promoting it.
80% Burn perhaps?

I have nearly 2k of COSS now and waiting for an ETH buy order to fill and I will munch on a few more with the 6% bonus.  

If from 130 million tokens it goes down to even 20 Million, each token COULD be worth x 10 in marketcap once it hits exchanges lol.

If 80% is burned, then there will be a minimum of 10x

Just throwing out a hot torch for consideration and comments.

If a large amount of tokens would be burned, and the dev and stakeholders also would be diluted accordingly. Then what about the amount set aside for bounty? Wouldnt that indirectly represent a unfair large portion of the tokens in circulation?
Asking it here since many of you are in the bounty program. It is JUST a question for now :-)

Just distribute the unsold tokens among ICO participants, all the ratios stay the same

[len01]

COSS token swap ico already collected 5154.4 eth so far and token swap ends in 13 days 7 hours how if the hard cap can not reach?

[MyownBoss]

Take 15% add it to foundation funds. take 35% and use it for marketing Take 50% of unsold, distribute it directly to investors based on how much COES they have.

BURN THEM!!!

[MyownBoss]

Gonna need to spend literally 100X more effort and money on advertising if you wanna be a TOP exchange. Fix your slack link. Have your support rep there too. Get your face out there host a meetup, and most important learn from your competition, how did they raise customer awareness and customer loyalty. You dont need money, you need customers.

Advertising, UI, Security, and trading pairs. Also a pump would be nice.

[Sitimunirah]

How much the collection so far?
And when is the ico over?

[ColorlessK]

Gonna need to spend literally 100X more effort and money on advertising if you wanna be a TOP exchange. Fix your slack link. Have your support rep there too. Get your face out there host a meetup, and most important learn from your competition, how did they raise customer awareness and customer loyalty. You dont need money, you need customers.

Advertising, UI, Security, and trading pairs. Also a pump would be nice.

The Team is very responsive and you'll see this first thing when you get into slack because there is always someone there to help with any issues with the exchange or questions about the ICO. I think that given enough team, the COSS Team will prove that they can be one of the top exchanges

How much the collection so far?
And when is the ico over?

5200 ETH from 1720 participants, totalling almost $1,7M. There are 13 days and 1 hour left in the ICO, I think that COSS should be able to gather at least 10-15k ETH by the time the ICO is over, but there is still very few people that know about the ICO as of right now, we need to spread the word about it so people can invest in COSS.

[MyownBoss]

I tried the slack invite link but apparently it expired awhile ago. Gonna need to be better than that if you want to be successful in this endeavour.

Edit: The problem was with Slack, not COSS. My apologies.

[belmax]

However, the token won't be released until September 20th. Normal gas settings.

but what is it? https://hitbtc.com/exchange/COSS-to-ETH

My COSS are now on your site - profile.coss.io only and are not visible in MEW, as my other tokens - how do they be brought to the exchange my COSS?

[MyownBoss]

HitBTC trades IOU's, no tokens have been created yet. That happens after the ICO is finished.

[maot4]

Has there been any decision on what to do with the unsold token, It should either be burnt or a greater percentage 80% distributed amoungst token holders. The disadvantage to burning is usually that you open on coinmarketcap with a very low market cap and usually takes a while to become a top token. assuming this ends up with 10K Eth and the remianing tokens are burnt the token will launch with a $3m market cap...just a thought.

[dancearnau]

Has there been any decision on what to do with the unsold token, It should either be burnt or a greater percentage 80% distributed amoungst token holders. The disadvantage to burning is usually that you open on coinmarketcap with a very low market cap and usually takes a while to become a top token. assuming this ends up with 10K Eth and the remianing tokens are burnt the token will launch with a $3m market cap...just a thought.

The token holders will vote on what to be done with the unsold tokens. We must take into consideration that every token will count in the revenue sharing model. So we must make sure that tokens are held by their respective investors to receive revenue.

[MyownBoss]

Has there been any decision on what to do with the unsold token, It should either be burnt or a greater percentage 80% distributed amoungst token holders. The disadvantage to burning is usually that you open on coinmarketcap with a very low market cap and usually takes a while to become a top token. assuming this ends up with 10K Eth and the remianing tokens are burnt the token will launch with a $3m market cap...just a thought.

If it raises 10k Eth it launch with a 3 million market cap, regardless...because only circulating tokens are taken into account.

[karanj]

Coss will remove the negative experiences of the user.It is a complete one stop crypto solution.Looking forward to it.

[Sitimunirah]

What happen if the project didnt achieve the hardcap target?
Remaining token get burn?

[MyownBoss]

What happen if the project didnt achieve the hardcap target?
Remaining token get burn?

Community vote.