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

[shaza4061]

Seems to be a good project with a professional team. Will have a closer look at it!

[maot4]

I think I like option A best from the above

I like the option that maximizes the share of investors in the ICO (myself included) for profit distribution, and that is option B obviously

haha I also went for A option because the less in circulation the more value each token holds :-)

[mayjack]

Is it very popular in the sales token before adding a link? Official website registration, slack community Note, this project is limited for the Chinese people?

[Faeryl]

Its not a chinese project?

[Tansmorph]

Its not a chinese project?

I don´t know.

[finles_mngr]

Hi there. What is expected profit for investors?

[finles_mngr]

-Its not a chinese project?



It is not. The team is most clearly Romanian

[Vangardo]

Hi there. What is expected profit for investors?

all will be out of the box after the vote that ends on September 12, and the issuance of tokens to investors on September 20

[Forbis98]

I reserved Czech Translation

[andresmarulanda]

I reserved Czech Translation

ICO already finished

[qiwoman2]

I voted for option B as I believe this is going to be a very good long term project and as it's a business already functioning, I doubt the token value will be affected that much in a negative way, especially as they build more partnerships and keep upgrading the platforms.

[andresmarulanda]

I voted for option B as I believe this is going to be a very good long term project and as it's a business already functioning, I doubt the token value will be affected that much in a negative way, especially as they build more partnerships and keep upgrading the platforms.

I also voted for the B. I think that is best option to long term (scalability)

[scrimper]

have given my voice 

[shade_wrath]

Considering the potential increase in token supply by either 6x or 8x or 10x depending on option chosen by Investors, how will the project team cater for impact of increase in total supply on bounty hunters?
This will drop down our earnings from bounty by respective either 6 or 8 or 10 times!

Does the team consider increasing the bounty supply as well by figure chosen by investors?

[syster]

OUR BOUNTIES WILL BECOME WORHTLESS !! THEY WILL INCREASE SUPPLY By x10!!! IT MEANS OUR TOKEN WILL WORTH x10 LESS !!!

I/we understand that and we might increase the bounty budget a bit, but it won't be the same multiplier for sure. With the current options it is impossible to satisfy all, and the trading price is market driven and out of our control. The supply and the other factors, we can impact. I see your point but there is no way we can do a x10 on the bounty program. Sorry about that.

[shade_wrath]

But why there is no option of Burning rest of unsold Token supply?

We need to have option 4 which Burn all unsold supply. If Coss project team all of sudden comes and say we want to increase supply that means they haven't did sufficient study and planning during the launch of ICO and future plans in the event of unsold tokens!

Totally disappointed!

[shade_wrath]

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.

[alexberezov]

I hope the developers are wise and understanding people, they will do it right, not to spoil their reputation

[Isaaq.Almaguer]

Considering the potential increase in token supply by either 6x or 8x or 10x depending on option chosen by Investors, how will the project team cater for impact of increase in total supply on bounty hunters?
This will drop down our earnings from bounty by respective either 6 or 8 or 10 times!

Does the team consider increasing the bounty supply as well by figure chosen by investors? As per the rule and details specified by start to end of bounty there was no mentioning of supply increase and addition of more coins, Total supply was fixed!

They did the right thing by distributing the unsold tokens among investors. The only people who got screwed are the bounty hunters, but you shouldn't complain, They are giving you the number of tokens they promised you, and it's free money.

[shade_wrath]

Considering the potential increase in token supply by either 6x or 8x or 10x depending on option chosen by Investors, how will the project team cater for impact of increase in total supply on bounty hunters?
This will drop down our earnings from bounty by respective either 6 or 8 or 10 times!

Does the team consider increasing the bounty supply as well by figure chosen by investors? As per the rule and details specified by start to end of bounty there was no mentioning of supply increase and addition of more coins, Total supply was fixed!

They did the right thing by distributing the unsold tokens among investors. The only people who got screwed are the bounty hunters, but you shouldn't complain, They are giving you the number of tokens they promised you, and it's free money.

Nothing is free money. Depending on option chose, Bounty hunter shares are also affected. Some of us spend hour or so everyday to work for bounties. We are marketing their product for which they are rewarding us with coins rather than $.