COSS PLATFORM --- A CRYPTO ONE STOP SOLUTION

Hi Everyone,

This is CryptoGist

In This WriteUp I will be Covering a currently ongoing ICO named COSS

In the recent years, the inherent value of cryptocurrencies as an alternative method of payment has gained a lot of attention. The cryptocurrency industry has generated an entirely new market, which have the potential to disrupt the existing markets as of today.

The structure of Cryptocurrency has revealed new approach towards traditional finance system and unveiled new opportunities to Entrepreneurs , industries and startups by adopting them, which are,

• Legal and monetary transactions by eliminating middleman.

• Money transfers are done in more secure way and it protects completely the user information.

• Access to global financial system with any device connected to internet.

• Reducing substantially in transaction fee.

• Eliminating completely the risk of inflation.

The Advancement in Payment technologies are increasing to offer a seamless experience to consumers. But still they are failing due to fraud and theft of data. The existing financial system is involved with lot of complexity and time consuming. That's all problems cannot be eliminated with any traditional approaches.

However, as like in any other industry, cyptocurrency industry has encountered a number of obstacles that has slowed down it growth and adoption. One of these is an absence of a one-stop-solution that brings together its existing solution into a single, and easily understandable platform.

WHAT IS COSS

Crypto One Stop Solution is a platform, which consists of all the features of the cryptocurrency economical ecosystem. The COSS system consists of a payment platform, an exchange, a merchant list, a market place an e-wallet and a mobile platform.It also unifies all transnational aspect and offers multiple cryptocurrency related service in one place.

THE VISION

The main goal of COSS is to bring cryptocurrencies to the masses. It aims to cater to its users complete experience of accessing the available cryptocurrency services and product in the same place.
This vision is implemented in the following steps:

• Providing for all the cryptocurrency users' needs via one-stop-solution services;
• Rewarding users for bringing new merchants and affiliates on board;
• establishing a marketplace, where cryptocurrency users and merchants can meet each
  other seamlessly;
• issuing tokens with real value;
• expanding the network of customers by providing the high-quality services;
• enhancing the security of the system;
• adopting the disruptive innovations.

SERVICES
COSS Platform is self funded project with already existing following modules.

• AN Exchange
• Merchant list
• E wallet
• Payment Gateway
• News feed
• Market cap ratings

The COSS platform strives to become a - Decentralizes Autonomous Organisation.With this there will be a single point of failure. COSS aims to provide a mass market seamless experience.

COSS platform want to provide an ultimate solution by including every new feature in time by entering into new strategic partnerships, mergers and acquisitions with new companies those are having creating ideas to reach mass market. COSS has already entered partnership with few companies. These companies include:

The Principal COSS applications are

• The Core application
  -It contains all management tools for registration, login, password reset

• Payment Gateway
  -Merchant tools that helps to integrate merchant cryptocurrency payment.

• Exchange
  -Supports most trad-able Cryptocurrencies and allows COSS users to place order and swap funds from deposits in COSS balances.

Coss will store funds in three types of wallets to ensure security, these includes:

• Hot Wallets
• Warm Wallets
• Cold Wallets
  These wallets work as stated below:
  

COSS payment platform works as shown in the diagram below:

COSS TOKEN

COSS is a self funded project and did not rely on any external investment prior to and upon its launch. The COSS native token is to provide an investment opportunity to people who share the COSS vision and believe in the project potentials. The name of the token is COSS.
COSS utilizes the maker taker transaction scheme, that generates a pure revenue for the platform. The fee begin with 0.2% of the taker and maker fee,and end at 0.04% derived from transactions. 50% of this revenue is shared with the DAO token owners.

THE TEAM

ADVISORY BOARD

COSS Token Swap (ICO)

The COSS token will be available for exchange during the Token Swap (ICO) campaign that will take place in August 2017. During the Token Swap (ICO) the total of 200 million COSS tokens will be released, and will become exchangeable at the rate of: 1 ETH = 600 COSS Tokens.

July 10th: FIRE SWAP (Pre-ICO) (25,000,000 COSS Tokens available)
July 13th: End of the FIRE SWAP
August 8th: The official start of the COSS Token Swap (ICO) with the total of 130,000,000 COSS

Tokens available:

Day 1-5 = 15% Bonus Tokens
Day 6-10 = 10% Bonus Tokens
Day 11-15= 8% Bonus Tokens
Day 16-20 = 6% Bonus Tokens
Day 21-25 = 4% Bonus Tokens
Day 26-30 = No Bonus
September 6th: The end of the Token Swap The Token Swap ends, unless the total amount of tokens is sold-out earlier.

The ICO-Fund Distribution Plan is as follows:

• 50% - IT Development, User Experience, Road map Completion
• 25% - Mergers and Acquisitions
• 10% - Marketing Plan
• 10% - Operations
• 5% - Shareholders, Board of Directors, Advisers

Visit www.ico.coss.io for more details regarding the COSS Token Swap.
September 20th: The release and the official start of the COSS Token trading.

For further information:
Official Website: https://coss.io/
Whitepaper: https://coss.io/documents/coss-whitepaper-v3.pdf
My Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=1023331