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COSS

ICO

A platform COSS which provides a Payment Gateway/POS for online and offline stores allowing Merchants to accept payments for their services in various cryptocurrencies, and a fully-operational Crypto Exchange.

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Overview

Project industryExchanges & Wallets
FoundedSingapore

What is COSS

At the time of writing, the COSS platform is in beta, and its primary function is to serve as a cryptocurrency exchange. However, the conceptual model of COSS is not just confined to a cryptocurrency exchange. It also includes the implementation of multiple merchant tools aimed at the massive adoption of cryptocurrencies in the future. We will describe these instruments in the chapters devoted to the company's roadmap and development throughout 2018.

Through its services and merchant tools, COSS (a.k.a. COSS.IO) intends to improve the overall cryptocurrency user experience. COSS aims to build a foundation for a community of cryptocurrency users, companies, startups, traders, customers, and merchants into a viable market, or an ecosystem that will expand with the implementation of new features on COSS.IO. All of the components mentioned above in combination will provide a stable ground for the mass adoption of cryptocurrency.

With insufficient user and merchant adoption of cryptocurrencies, low transaction volumes, and consequently, low market prices, not enough viable solutions have been provided to make cryptocurrencies user-friendly. The path from creating a digital wallet to making actual payments in cryptocurrencies is still inconvenient, cumbersome, and technically challenging. When addressed mindfully, these barriers can be overcome by using a one-stop solution approach. A one-stop solution implies a single venue or platform designed specifically to educate users about the variety of tokens on the market, help individuals make informed choices, and provide multiple possibilities for digital currency use, all in the same place. All cryptocurrencies listed on COSS are subject to examination by us.

The primary focus of the COSS platform at this time is to improve the overall cryptocurrency user experience through its services and features, and above all, its cryptocurrency exchange. COSS approaches usability issues related to virtual currencies in an innovative way, inspired by disruptive technologies and trends such as blockchain, smart contracts, DAOs, token sales, and so on. The platform gathers the most popular services and products associated with cryptocurrency into a single outlet. COSS allows users to deposit, withdraw, buy, sell, and spend cryptocurrency safely, and to take advantage of the additional services that are and will be continuously implemented on COSS.IO to keep up with the fast-paced fintech industry.

WHAT IS COSS?

COSS, or Crypto-One-Stop-Solution, is a platform which encompasses all features of a digital economic system based on cryptocurrency. The COSS platform is made up of core elements such as an e-wallet, a cryptocurrency exchange, and a native token. Additionally, it provides related features and services such as market cap rankings, token listings, and merchant tools (namely, a payment gateway or point of sale), a merchant list, and an early version of a cryptocurrency-friendly marketplace. COSS aims to facilitate the mass adoption of cryptocurrency.

GOALS

The principal purpose of COSS is to offer multiple services associated with the use of cryptocurrency within a single state-of-the-art cryptocurrency platform and exchange. The number of potential features possible to implement on COSS is infinite and will continue growing as the platform evolves. COSS aims to offer its users a seamless experience when accessing the available cryptocurrency services and products within a single interface.

COMPONENTS

COSS aims to develop solutions to the global needs of the cryptocurrency industry in general, and with particular attention to the demands of individual users who intend to manage their assets online. The platform focuses on providing individuals with guidelines for a smooth start in the cryptocurrency world.

The full COSS system comprises multiple interconnected applications that are available to COSS account owners, divided into two main types of users: regular users and admins (company staff).

Details

Public sales: Aug 08, 2017 - Sep 06, 2017
Token supply: 200,000,000 COSS
Hard cap: 11,296,000 USD
Raised: 3,200,000 USD

Legal

Blockchain Platform: Ethereum
Registration country: Singapore
Office address: 66B, Tras Street, Singapore 079005
Herengracht 420, 1017BZ Amsterdam

Token info

Ticker: COSS
Dividends: The COSS token is a revenue-generating cryptocurrency, developed on the Ethereum Blockchain as an ERC20 Token, that enables owners to receive revenues in the form of transaction fees charged by the COSS system for cryptocurrency transactions.The COSS token holders receive revenues to their wallets on a weekly basis. Currently, the revenue share is generated from the transaction fees when payments in Bitcoin, Ether, and other cryptocurrencies supported by COSS are sent via the Payment Gateway/POS and/or through the Crypto Exchange. In the nearest future, COSS will adopt other revenue generating Features.
Token price in USD: 1 COSS= 0.56 USD
Accepted currencies: ETH
Token distribution:
25,000,000 COSS Tokens – Fire Swap (pre-ICO) (25% Bonus – 50 ETH minimum buy-in)
130,000,000 COSS Tokens – COSS Token Swap (ICO) (minimum amount is 0.001 ETH)
30,000,000 COSS Tokens – Developers, Staff, Strategic Partners, Operations
10,000,000 COSS Tokens – CAP (COSS Affiliate Program)
5,000,000 COSS Token – Shareholders/Board of Directors/Advisory Board
Funds allocation:
50% - IT Development, User Experience, Roadmap Completion
25% - Mergers and Acquisitions
10% - Marketing Plan
10% - Operations
5% - Shareholders, Board of Directors, Advisory Board

Offices on the map

COSS Roadmap

1
January 2016 – COSS Idea

From 2009 and up until recently, using cryptocurrencies has been a lengthy and cumbersome process from the usability perspective. A thought of a universal platform combining all the necessary features in one place: e.g. a wallet supporting multiple cryptocurrencies, an exchange and a marketplace, started crossing the minds of the digital currency users. We thought about it too.

2
May 2016 – Idea Validation – MIT (Scored 100/100)

In its early shape, COSS was conceived during MIT Fintech course modules taken by Rune Evensen. In the beginning, the concept seemed rather too obvious, however having done the necessary research Rune realized that no one attempted to create an integral one-stop solution platform for cryptocurrencies before, or at least wasn’t successful in bringing it to life. Feedback, encouragement and support from the course participants convinced Rune to move on with Crypto-One-Stop-Solution.

3
June 2016 - Whitepaper v1.0

The first detailed COSS outline on paper.

4
August 2016

Team Consolidation and Dev. Start

5
October 2016

Whitepaper v1.1

6
November 2016

C.O.S.S. Pte. Ltd. Incorporation
COSS was registered in Singapore as a company.

7
December 2016

Dev. Server Environment Created

8
January 2017

Pre-Marketing to Strategic Partners and Merchants
We started speaking about COSS publicly, promoting it on social and networking events, and attracting the first partners and merchants on board.

9
1st April 2017

Beta Launch – COSS is Live
The COSS platform saw the light of day for the first time with a fully operational cryptocurrency exchange, newsfeed, market ranking, e-wallet, APIs, coin listing, proof-of-development and the first set of merchants’ services.

10
May 2017
  • 100 Merchants and 600 Users on board COSS
  • Partnership with the International Chamber of Commerce and Industry of Romania (CCIR)
  • Partnership with the Chamber of Commerce and Industry Romania – Israel (CCIRI)
  • Collaboration with Attores
  • 11
    June 2017
  • Strategic Partnerships and MOUs
  • Eva Energy – MOU
  • Cardblue – MOU
  • Coinfirm – MOU
  • CoinPip – MOU
  • Satoshi Citadel Industries - MOU
  • June 8, 2017 BlockCon – Disruptive Innovation Conference (Romania, Bucharest) – Hosted by COSS and CCIR
  • 12
    July 10-13, 2017

    the COSS Token FIRE SWAP (Pre-ICO)

    13
    August 8, 2017

    COSS Token Swap (ICO)
    The start of the Token Swap (ICO) campaign for initial token distribution and offering

    14
    September 6, 2017

    Token Swap (ICO) ends

    15
    September 20, 2017

    Release and trading of the COSS tokens

    The Implementation of the new COSS features following the ICO:

  • COSS Affiliate Program (CAP)
  • Issuance of COSS prepaid cards for easy deposit/withdrawal in association with CardBlue
  • P2P remittance via SCI
  • B2B remittance via CoinPip
  • Enhanced AML functions via CoinFirm
  • Community channel via Howdy
  • Digital signing of documents and certificates via Attores
  • 16

    COSS is a living project that aims to evolve and develop in the same trajectory as the rapidly-changing Fintech industry. To be able to keep up with the industry trends, throughout 2018 and 2019 we will be looking for:

  • Strategic Partnerships with innovative companies from the Fintech, the blockchain and the related areas to help bringing their disruptive ideas to fruition, and to develop the new solutions by means of the COSS infrastructure;
  • Mergers and Acquisitions: start-ups that have powerful concepts and the potential to increase the technological and the market value will be able to merge with or be acquired by COSS;
  • Incorporation of COSS as entity in different locations of the world for the sake of the strategic and the optimized efficiency. Our Business Development Plan implies establishing the COSS Regional Offices worldwide in accord with the Team growth;
  • Development of the new features: the flexible structure of COSS allows adding new features to the system continuously and always staying up-to-date with the industry’s requirements and the customers’ needs.
  • Project team

    Rune Evensen
    Rune Evensen
    CEO & Founder
    Rune Evensen linkedin
    Desmond Sieow
    Desmond Sieow
    Head of Finance
    Desmond Sieow linkedin
    Gary Koh
    Gary Koh
    Head of Operations
    Gary Koh linkedin
    Lim Wen Qin
    Lim Wen Qin
    Compliance Analyst
    Lim Wen Qin linkedin
    Christopher Chen
    Christopher Chen
    Compliance Analyst
    Christopher Chen linkedin
    Honey Nwe Nwe Aung
    Honey Nwe Nwe Aung
    Operations Analyst
    Honey Nwe Nwe Aung linkedin
    Jessy Daniel
    Jessy Daniel
    Compliance Manager
    Jessy Daniel linkedin
    Razak Hassan
    Razak Hassan
    Community Manager
    Razak Hassan linkedin
    Ron Ang
    Ron Ang
    Senior Operations Analyst
    Ron Ang linkedin
    Calvin Zhou
    Calvin Zhou
    DevOps Engineer
    Calvin Zhou linkedin
    Marudi Tri Subakti
    Marudi Tri Subakti
    Full Stack Engineer
    Marudi Tri Subakti linkedin
    Henry Simpson
    Henry Simpson
    IT Manager
    Henry Simpson linkedin
    Hårek R. Andreassen
    Hårek R. Andreassen
    Product Research & Development Consultant
    Hårek R. Andreassen linkedin
    Fitro Hermawan
    Fitro Hermawan
    External Graphic Design Consultant
    Fitro Hermawan linkedin
    Maria Popova
    Maria Popova
    External Social Media Consultant
    Maria Popova linkedin
    Guillaume Viel
    Guillaume Viel
    Blockchain Engineer
    Guillaume Viel linkedin
    Rishi Raj Mohta
    Rishi Raj Mohta
    Senior Solution Architect
    Rishi Raj Mohta linkedin

    Advisors

    Stefan Neagu
    Stefan Neagu
    BlockChain Technology Advisor
    Stefan Neagu linkedin
    Mike Costache
    Mike Costache
    Strategy & Investments Advisor
    Mike Costache linkedin
    Professor Tan Kim Song
    Professor Tan Kim Song
    Financial Advisor
    Professor Tan Kim Song linkedin
    Peter Sundström
    Peter Sundström
    Disruptive Technology Advisor
    Peter Sundström linkedin
    Anson Zeall
    Anson Zeall
    BlockChain Industry & Community Advisor
    Anson Zeall linkedin
    Ionut Scripcariu
    Ionut Scripcariu
    Payment Gateway & Fiat Solutions Advisor
    Ionut Scripcariu linkedin
    Cristian Hagmann
    Cristian Hagmann
    Corporate Strategy Advisor
    Cristian Hagmann linkedin
    John Chrissoveloni
    John Chrissoveloni
    Equity & Trading Advisor
    Zach Piester
    Zach Piester
    Strategy & Investments Advisor
    Zach Piester linkedin
    John Bailon
    John Bailon
    Crypto Adoption Ecosystem Advisor
    John Bailon linkedin
    Miguel Cuneta
    Miguel Cuneta
    Crypto Adoption Ecosystem Advisor
    Miguel Cuneta linkedin
    Clemen Chiang
    Clemen Chiang
    Financial Advisor
    Clemen Chiang linkedin

    Social media

    COSS web-siteCOSS RedditCOSS MediumCOSS TelegramCOSS TwitterCOSS FacebookCOSS Slack

    MVP

    MVP URLApp storeGoogle Play

    User rating:

    5/5 ( 1 )
    0

    COSS rating

    7.4
    Claim admin rights for this project
    ICObench3.9 / 5COSS icobench
    ICOholderNACOSS icoholder
    ICObenchNACOSS icomarks
    COSS NEWS

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