Coss Token (COSS) Crypto Review: Exchange Tokens
Coss Token Crypto Review (COSS): Exchange tokens have proven to been profitable investments for many crypto investors who have invested early on in favorite exchange based tokens such as Binances
BNB token and Kucoins KCS shares. Coss is an up and coming exchange, and its token COSS has the potential to be a lucrative investment if it follows the same path as the above mentioned popular exchange coins.
This Month we have seen popular crypto exchanges such as Binance drastically reduce their referral program commissions from 50% to 20%. Around the same time, Kucoin to the surprise of many decided to eliminate their referral program; current members will no longer be able to refer new users to the exchange. The Coss exchange, and it’s token are well positioned to take advantage of crypto investors and promoters who may have lost trust in other favorite exchanges.
In our Coss crypto review, I will be covering key areas that I feel are important to consider when deciding on investing in a promising crypto project. The areas that I will be covering are the following:
* Introduction- What is Coss?
*The Team- Who are they?
*Marketing Strategy- Can they grow their user base?
*Investment analysis- Could this be a profitable investment?
Coss Token (COSS) Cryptocurrency Review: Introduction
So what exactly is Coss? Coss is the short name for Crypto-One-Stop-Solution. It is currently in Beta stage at the moment, but users can use the exchange although it is still a work in progress with many enhancements scheduled for the upcoming months. If the upgrades go well, it could drive more growth to the exchange.
Coss aims to be more than just an exchange platform they plan to offer other crypto related services such as E-wallet solutions, Payment gateway, market cap rankings, etc. For further technical information, please check out their white paper by clicking here.
The Coss exchange has a native token with the same name COSS, and it’s an ERC-20 based token so you can safely store it in your online wallets such as myetherwallet.
Crypto Investors who hold the COSS tokens will benefit primarily in two ways 50% of the revenue on the COSS exchange is shared with COSS token holders, and similarly, 50% of the income from the payment gateway will be shared with COSS token holders.
If the Coss exchange can reach similar volumes as it’s competitors, then I believe the token valuation will further increase in price as the exchange becomes more well known. Currently, the best place to purchase the tokens is on the Coss exchange itself.
At the time of writing this article, Coss has a current market cap valued at USD 67,226,634. It has a circulating supply of 62,787,554 COSS tokens and a total amount of 104,000,000 COSS tokens.
50%: IT Development, User Experience, Roadmap Completion
25%: Mergers and Acquisitions
10%: Marketing Plan
5%: Shareholders, Board of Directors, Advisory Board
Coss Coin (COSS) Token Review: The Team
The Coss team is rather large and seems to be growing which is often a good sign that a crypto project is progressing. Below I have listed some of the team members, advisors, and partnerships.
Dan Cearnau: Team Leader and co-founder
Rune Evensen: Visionary and co-founder
Iulian Oprea: Technology Officer
Anson Zeall: Blockchain Industry & Community
John Bailon: Crypto Adoption Ecosystem Advisor
Mike Costache: Strategy / Investments
Coss Token (COSS) Exchange Review: Marketing Strategy
This is an area that can likely be improved upon since marketing is essential for new exchanges. It would be nice if they could create more video content explaining the benefits of using their platform over other competitors.
Coss Coin (COSS) Crypto Review: Investment Analysis
Since the COSS token offers dividends, it will be an appealing token to hold for long-term investors. Its current token price is well below the recent all-time highs, I believe this could represent an excellent buying opportunity for crypto investors who wish to start accumulating COSS tokens while the cost is still cheap.
*As always please do your research before investing in crypto projects this review is my own opinion and is not meant to be taken as investment advice.*