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

[rube08]

Hi guys, what do you think about future of COSS and especialy about price of COSS token? My view that tokens undervalued,  so many trash projects have x10 capitalisation in comparsion with COSS. What is the honest price of COSS for you?

$1.35 - $1.75 within 8 - 12 weeks

I think it's a bit premature to give prices like this: let's see how they will correct the issue with dividends distribution, and how they will do to get a bigger and solid customer base, and I think that only after that, Coss will have a great future.

Nah fam, COSS has a working product already.

95% of other things don't

$1+ is reasonable

There are a lot of factors that drive the price of COSS up.  It also depends on the daily volume of the COSS exchange.  If we are getting only 1 million a day of volume, you will not get much per dividend on the COSS coin. Now if it eventually goes to 50 million to 100 million, then the price of a COSS coin should rise significantly.

[rube08]

So, no one has received dividends yet right? whats the dealio?

I noticed that there was a distribute button on the dashboard next to Ether.  However, it states that you need at least.01 Ether to distribute to your wallet.  If you hold a small amount of coins, it may take months to get to the .01 Ether threshold.

[raoulsergia]

So, no one has received dividends yet right? whats the dealio?

I noticed that there was a distribute button on the dashboard next to Ether.  However, it states that you need at least.01 Ether to distribute to your wallet.  If you hold a small amount of coins, it may take months to get to the .01 Ether threshold.

Well I doubt anyone can distribute 0.00001 eth each time, the gas fee alone would be more than the payouts

[ColdZerk]

Do you recieve devidends? How much do u get from your amount of COSS? I have 3200 COSS only, is it reasonable?

[tropican99]

DAO phase 1.

The first DAO is live for distribution of ETH.

1)
To call the DAO you need to have ETH on your coss account.
Thee fee of calling the DAO is 0,002 ETH.
Minimum amount needed in the DAO to withdraw is 0,01 ETH.

Next step:2)

Convert non erc tokens (BTC, ARK, LSK, NEM etc) into ETH.
(smart move will be to wait for this before you withdraw ETH to save fee's)  (step 1)

Last step:3)
DAO for each of the erc20 tokens.

I think if you are not whale is better to accumulate your coin for whaile and after like one month or two just make DISTRIBUTE. This is for people who have less then 5k coss. Or secend option is to change all shitcoins to one eth to cover the 0.01 fee for DISTRIBUTE

[alex_aaa]

Do you recieve devidends? How much do u get from your amount of COSS? I have 3200 COSS only, is it reasonable?

I have 2400 tokens, and I'm entitled to the following dividends for 2 weeks:
TOKEN   AMOUNT
 ARK   0.00081209863911369800
 BCH   0.00000253751722740669
 BNT   0.00021090967288045390
 BTC   0.00006165878202367671
 COSS 3.99132273416994000000
 CVC   0.00182297520934886100
 DASH 0.00000345260111502259
 EOS   0.00123149242133809000
 ETH   0.00116510918482272400
 FYN   0.00028856614842580700
 IND   0.00212405328905388710
 JET   0.00132362554691733400
 KNC   0.00136239305852992400
 LSK   0.00017299474101554230
 LTC   0.00004601301141303690
 PAY   0.00041901450123283900
 PIX   0.00121449715961914100
 POE   0.05765016330666520000
 QTUM 0.00012191515523325590
 SNM   0.00887210518256284000
 STX   0.00077232898203007300
 SUB   0.27668462047593280000
 WAVES 0.00014363927805776330
 XEM   0.00393502099990800800
 ZEN   0.00019100598155310340


Also I see button "DISTRIBUTE" near ETH line - should I click it to get my dividends into my balance?

[Isaaq.Almaguer]

Do you recieve devidends? How much do u get from your amount of COSS? I have 3200 COSS only, is it reasonable?

I have 2400 tokens, and I'm entitled to the following dividends for 2 weeks:
TOKEN   AMOUNT
 ARK   0.00081209863911369800
 BCH   0.00000253751722740669
 BNT   0.00021090967288045390
 BTC   0.00006165878202367671
 COSS 3.99132273416994000000
 CVC   0.00182297520934886100
 DASH 0.00000345260111502259
 EOS   0.00123149242133809000
 ETH   0.00116510918482272400
 FYN   0.00028856614842580700
 IND   0.00212405328905388710
 JET   0.00132362554691733400
 KNC   0.00136239305852992400
 LSK   0.00017299474101554230
 LTC   0.00004601301141303690
 PAY   0.00041901450123283900
 PIX   0.00121449715961914100
 POE   0.05765016330666520000
 QTUM 0.00012191515523325590
 SNM   0.00887210518256284000
 STX   0.00077232898203007300
 SUB   0.27668462047593280000
 WAVES 0.00014363927805776330
 XEM   0.00393502099990800800
 ZEN   0.00019100598155310340


Also I see button "DISTRIBUTE" near ETH line - should I click it to get my dividends into my balance?

You can take out the ETH you have unless you accumulate at least 0.01, the amount you have is very little, you'd probably pay more for the transaction gas. So keep them in there or buy more COSS to accumulate more coins.

[thehihoguy]

Do you recieve devidends? How much do u get from your amount of COSS? I have 3200 COSS only, is it reasonable?

I have 2400 tokens, and I'm entitled to the following dividends for 2 weeks:
TOKEN   AMOUNT
 ARK   0.00081209863911369800
 BCH   0.00000253751722740669
 BNT   0.00021090967288045390
 BTC   0.00006165878202367671
 COSS 3.99132273416994000000
 CVC   0.00182297520934886100
 DASH 0.00000345260111502259
 EOS   0.00123149242133809000
 ETH   0.00116510918482272400
 FYN   0.00028856614842580700
 IND   0.00212405328905388710
 JET   0.00132362554691733400
 KNC   0.00136239305852992400
 LSK   0.00017299474101554230
 LTC   0.00004601301141303690
 PAY   0.00041901450123283900
 PIX   0.00121449715961914100
 POE   0.05765016330666520000
 QTUM 0.00012191515523325590
 SNM   0.00887210518256284000
 STX   0.00077232898203007300
 SUB   0.27668462047593280000
 WAVES 0.00014363927805776330
 XEM   0.00393502099990800800
 ZEN   0.00019100598155310340


Also I see button "DISTRIBUTE" near ETH line - should I click it to get my dividends into my balance?

You can take out the ETH you have unless you accumulate at least 0.01, the amount you have is very little, you'd probably pay more for the transaction gas. So keep them in there or buy more COSS to accumulate more coins.

Do i understand it correct, that the distribute button only converts all coins to eth?
So either i enjoy each alt like normal with withdrawal and deposit or i can convert them all to eth?

Just trying to understand the mechanic,

thanks in advance for explanation

[Isaaq.Almaguer]

You can take out the ETH you have unless you accumulate at least 0.01, the amount you have is very little, you'd probably pay more for the transaction gas. So keep them in there or buy more COSS to accumulate more coins.

Do i understand it correct, that the distribute button only converts all coins to eth?
So either i enjoy each alt like normal with withdrawal and deposit or i can convert them all to eth?

Just trying to understand the mechanic,

thanks in advance for explanation

No, that is not correct. So far they implemented the DAO for ETH only, so clicking that button will move your ETH from the dashboard to your coss wallet. They are working on implementing the same functionality for the others.

[paleoman]

So we have to wait for each dividend coin a Distribute Button?

[someonesomeone]

After looking at this project for a while I finally decided to jump in. Looking forward to my first dividends

[jhdeanda]

DAO phase 1.

The first DAO is live for distribution of ETH.

1)
To call the DAO you need to have ETH on your coss account.
Thee fee of calling the DAO is 0,002 ETH.
Minimum amount needed in the DAO to withdraw is 0,01 ETH.

Next step:2)

Convert non erc tokens (BTC, ARK, LSK, NEM etc) into ETH.
(smart move will be to wait for this before you withdraw ETH to save fee's)  (step 1)

Last step:3)
DAO for each of the erc20 tokens.

I think if you are not whale is better to accumulate your coin for whaile and after like one month or two just make DISTRIBUTE. This is for people who have less then 5k coss. Or secend option is to change all shitcoins to one eth to cover the 0.01 fee for DISTRIBUTE

Wow so I will have to pay some Gas each time I want to get my dividens....thas disapointing....

[Isaaq.Almaguer]

Wow so I will have to pay some Gas each time I want to get my dividens....thas disapointing....

I agree, most exchanges move users coins to a shared address after deposits anyway, and just keep a ledger of what everyone owns. This way, no gas will be needed to get the tokens unless you want to send them out of the exchange.

[Exister]

gas is necessary to pay the ethereum network for processing the dao transaction.

I am pleased that the revenue share operation is conducted completely within the dao because it places the operation outside the jurisdiction of regulators.

Otherwise the coss token would be legally considered a security.

This is a central behavior to all decentralized cryptocurrency, the protocol enforces its policy on the network participants consistently and without bias.

Just wait until there is enough revenue share accumulated before activating the dao transaction.

So we have to wait for each dividend coin a Distribute Button?

Yes, The conversion of non ether coins to ethereum will be needed for compatibility with the dao.


I have not heard, but it is my guess that the fiat revenue shares will be converted to ethereum as well

[klidex]

coss significantly dropping after the screen shot of Deviden published, guys do you think now is the best time to buy? but why the fee to withdraw from coss exchange are so expensive than from polo or trex. really love to trade coss but I'm start thinking to be a long holder of coss token

[clupo911]

hi coss community thanks for all the updates . so if i understand correctly u need to have ether in you coss wallet to hit the distribute button for payouts to be transfered into coss wallet ?    i planned on being a long time hodl  think wise move

[paleoman]

Bitcoin moon..I´ve been accumulating some COSS. Lets see next sunday dividend. And hopefully moon son too!!!

Although the exchange needs a lot of work:
* Better graphs and tools. May be tradingview?
* Better orders. Can they copy bittrex or bitfinex?

[Rokson33]

WORKED FOR ME


TOKEN   AMOUNT   DISTRIBUTED   ACTION   REMAINING
 ARK   0.00106016122431041800         0.00106016122431041800
 BCH   0.00000331262391161281         0.00000331262391161281
 BNT   0.00027533386494020030         0.00027533386494020030
 BTC   0.00008049299271213090         0.00008049299271213090
 COSS   5.21050694173517000000         5.21050694173517000000
 CVC   0.00237981882587572400         0.00237981882587572400
 DASH   0.00000450722812336274         0.00000450722812336274
 EOS   0.00160766248119768500         0.00160766248119768500
 ETH   0.00152100190832118500      DISTRIBUTE   0.00152100190832118500
 FYN   0.00037671118565538400         0.00037671118565538400
 IND   0.00277286382092886800         0.00277286382092886800
 JET   0.00172793847047928200         0.00172793847047928200
 KNC   0.00177854785534356500         0.00177854785534356500
 LSK   0.00022583748771511450         0.00022583748771511450
 LTC   0.00006006808553095590         0.00006006808553095590
 PAY   0.00054700612122147900         0.00054700612122147900
 PIX   0.00158547586912417900         0.00158547586912417900
 POE   0.07525990657931990000         0.07525990657931990000
 QTUM   0.00015915519865313750         0.00015915519865313750
 SNM   0.01158216679543008000         0.01158216679543008000
 STX   0.00100824357993387300         0.00100824357993387300
 SUB   0.36120034176114500000         0.36120034176114500000
 WAVES   0.00018751514354337310         0.00018751514354337310
 XEM   0.00513700735356806200         0.00513700735356806200
 ZEN   0.00024935041816465950         0.00024935041816465950

[soothaa]

So do we get paid in those dividends converted to ETH? Or the dividends shown? I like the diversification and collection of just everything in the list so I'm hoping it's the latter..

[paleoman]

So do we get paid in those dividends converted to ETH? Or the dividends shown? I like the diversification and collection of just everything in the list so I'm hoping it's the latter..

I think everything gets covered into ETH... Not sure how.
I don't have enough ETH to distribute yet.