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

[Isaaq.Almaguer]

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.  

Thanks for sharing, I was looking for some info to clear that up.

[Simple858]

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

[coss-rune]

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 support@coss.io

[qiwoman2]

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 support@coss.io

I really like where this token and exchange/biz is going. I also think that the trajectory of COSS can only go upwards as there are a limited number of tokens to earn weekly rewards but as the exchange expands and explodes in and out of Beta over the coming months, I can only see demand for it growing as we grow in revenues as well. 

[MyownBoss]

WTF IS THIS

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

[vincetcm]

WTF IS THIS

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

I think you want to buy cheap money.

[AakZaki]

why i do not accept COSS Token?
i get 150 stake for two article in spreadsheet number 394 and 401.

until now i did not get my COSS Token. I have sent email twice

please help me dev.

ETH Addres: 0xa7802Ba51bA87556263d84cfC235759B214Ccf35

[jayd25]

Support is fasteest I saw!!!My id verification done in hours!!!Amazing Project!!!

[capone1340]

WTF IS THIS

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

I think you want to buy cheap money.

true

[andresmarulanda]

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

[Isaaq.Almaguer]

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

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.

[cryptoharnanto]

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

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.

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

[andresmarulanda]

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

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.

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

You can get revenues at exchange or external wallet like MEW.  You need to follow the guide that is on twitter or your dashboard on Coss Exchange

[Watanabe1505]

I find out this tutorial that explain how to active revenue shares by COSS. But is it working now?
https://coss.io/coss-token-revenue-share-tutorial

[abdulaziz07]

price growing at a rapid pace..
sold around 70%. will hodl remaining and see where it goes

[Boseda]

I have 2 questions for you:

1. If someone sells his COSS tokens bought during ICO, will he still receive revenues?
2. If someone buys COSS tokens on etherdelta, will he receive revenues?

[BluRPie]

I think that total capitalisation too smal now. We will see COSS in top 50 of most valued crypto assets at least. So 600 COSS per ETH it is honest price.

[CisColtz]

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

you sir might be corect , it's quite posible to see COSS over 3$ in the next months but time will speak eventually

[GaleRecoN]

Anyone know how long it takes for your BTC deposit to show up in the COSS exchange? Does it wait until it gets 6 confirmations before showing up?

[GaleRecoN]

Also, does anyone know why the circulating supply in CoinMarketCap doubled from yesterday to today?