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.
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.
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).
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.
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.
June 2016 - Whitepaper v1.0
The first detailed COSS outline on paper.
Team Consolidation and Dev. Start
C.O.S.S. Pte. Ltd. Incorporation
Dev. Server Environment Created
Pre-Marketing to Strategic Partners and Merchants
1st April 2017
Beta Launch – COSS is Live
July 10-13, 2017
the COSS Token FIRE SWAP (Pre-ICO)
August 8, 2017
COSS Token Swap (ICO)
September 6, 2017
Token Swap (ICO) ends
September 20, 2017
Release and trading of the COSS tokens
The Implementation of the new COSS features following the ICO:
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:
CEO & Founder
Head of Finance
Head of Operations
Lim Wen Qin
Honey Nwe Nwe Aung
Senior Operations Analyst
Marudi Tri Subakti
Full Stack Engineer
Hårek R. Andreassen
Product Research & Development Consultant
External Graphic Design Consultant
External Social Media Consultant
Rishi Raj Mohta
Senior Solution Architect
BlockChain Technology Advisor
Strategy & Investments Advisor
Professor Tan Kim Song
Disruptive Technology Advisor
BlockChain Industry & Community Advisor
Payment Gateway & Fiat Solutions Advisor
Corporate Strategy Advisor
Equity & Trading Advisor
Strategy & Investments Advisor
Crypto Adoption Ecosystem Advisor
Crypto Adoption Ecosystem Advisor
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