Quote from: abdulaziz07 on October 30, 2017, 08:51:07 PM

Quote from: ripplexn8 on October 30, 2017, 12:39:12 AM

The volume is getting scarly low.. will the project die or survive?

Kucoin exchange is rising at a rapid pace and they provide additional benefits on holding coins compare to COSS.

COSS team have to come up with some unique concepts

Kucoins plan is to grant 50% of exchange fees to the coin holders for the first 6 months. After that point it is their goal to reduce this percentage until 15%. but they have referral system that grants additional fees. its a very aggressive front loaded strategy, but they are just an exchange.

Coss is pretty different. the 50% fees policy is not subject to change, and the coss holders are rewarded for fees on additional coss projects like the point of sale service.
Coss tokens are alot less expensive than Kucoin and holders dont have to dick around with building up a referral pyramid either.

While Coss uses an erc20 dao for revenue distribution logic Kucoin has their own blockchain but does it have miners? masternodes? is there even a consensus algorithm? It seems a bit reckless to be running the code on their own servers instead of a decentralized entity considering the current regulatory environment.

Kucoin webpage currently not accessible. i cant download the whitepaper.

Anyway just cause kucoin got alot of money on their ico and is moving really fast on their plans doesnt have a whole lot to do with unique concepts. A cryptocurrency forms an incentivized ecosystem that allows some form of decentralized human organized behavior to emerge. Coss concept is effective and manages to be a good bit less annoying than that of Kucoin.

Quote from: rube08 on October 30, 2017, 10:52:55 PM

Quote from: iamaruf on October 30, 2017, 12:49:18 PM

I think ICO price was 0.5$ per coss? coz 1 ETH = 600 Coss and ETH price 300$ in that case coss price was 0.5$ but now price is under 0.1$.very sad.Also I am holding coss but didn't receive any reward until now.Why?

The ICO price was around 5 cents because it was 6000 coins for 1 ether. So right now, if you have contributed in the ICO, you are above 500 percent in profit.

Coss ICO price was indeed about $0.05 provided $300 ETH. Kucoin was a good 6x as much if im not mistaken.

ok threw me off that coinmarketcap lists them as a coin. Kucoin is an erc20 token.
https://etherscan.io/address/0x039b5649a59967e3e936d7471f9c3700100ee1ab
but still cant access https://www.kucoin.com/ nor whitepaper.