COSS stands for Crypto One Stop Solution, and represents a platform which aims to encompass all features of a digital economical system based on cryptocurrency. COSS has been launched in the Beta Version on the 1st of April, 2017 with 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. So far, these are the two most important features of COSS, that is currently integrating many the 3rd-party providers, who will offer their services through COSS.
COSS is designed as a living project with infinite possibilities for extension, aimed to bring cryptocurrencies to the masses by adopting and facilitating all the existing crypto- and the blockchain-related services and products into a user-friendly, intuitive and easy-to-use environment.
The number of customers and merchants listed on the COSS marketplace is constantly increasing, and currently counts 150 Merchants and over 1000 users. COSS has an international team spread many locations across the world from Singapore (the managing board) to New York (branches) and Bucharest, Romania (Development Team).
The main goal of COSS is bringing cryptocurrencies to the masses. What COSS aims to cater to its users is a complete and seamless experience of accessing the available cryptocurrency services and products in the same place. From the very first moment a customer decides to use cryptocurrency he/she is guided through the platform and its features. Protected from any unwanted negative experience, the user will continuously find the new possibilities to use the platform and to interact on it.
By means of this integrative approach to virtual currency services, the COSS platform aims to become the most preferred medium, familiarizing the COSS customers with the cryptocurrencies and the ways of using them. For this purpose, the COSS platform is equipped with its own token, a wallet, an exchange, a merchant platform, payment gateway / POS and a list of features that are closely related to the use of crypto.
The COSS team is visionary in the way it approaches the development of the Crypto-One-Stop-Solution. On the track to the massive cryptocurrency adoption we do not allow the limiting belief systems to interfere with the development of the COSS platform. We accept the changes that the rapidly-evolving technologies bring, and welcome innovation on any and every level.
We plan our success with determination and implement it into our strategy that implies the following steps:
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.
All ETH from the Main Token Swap (ICO) that begins on August 8th , 2017 will go into a Multi-Sig Wallet with 3 Signatories.
The Release Procedure from the Escrowed ETH Wallet will take place annually based on the approved budgeting presented by the COSS Management:
In our desire to bring cryptocurrencies to massive adoption we are eager to learn from experts in a variety of spheres such as business, IT, banking, finance, technology, innovation and marketing. We do not claim to know everything, but we ask the right people the right questions to bring the end-users services beyond their expectations.
Dan manages the technical aspects of the COSS system including the intricacies of the development and the security of the project's information.
He is cryptocurrency enthusiast, blockchain developer and experienced entrepreneur with background in advising, consulting and IT development of diverse products enhancing the efficiency of startups, companies and organizations.
Dan owns a full-stack development company that has worked with FinTech startups, and successfully implemented smart-contract applications on Ethereum as well as within the other frameworks.
Ioana manages the COSS development team and keeps it focused on high-quality performance and achievement of the short- and the long-term goals.
She is a Computer Science and Information Technology Engineer with knowledge of ETL processing, Big Data and Machine Learning. Ioana has successfully coordinated the creation of software products, acquiring experience and expertise in various fields, ranging from Information Technology to Communication including projects in Fintech, Retail, Business optimization and Sports.
Ioana's main objective is bringing innovation towards the end-user through software products. She dreams of designing comprehensive software capable of addressing the world's needs.
Iulian manages the technical design and setting of COSS. He is a Computer Science Engineer with a six years experience in delivering software products.
Iulian is highly-skilled in Software Project Management, Software Development and Financial Management. Iulian has been a developer for several years having successfully created and delivered a large number of software products to small and large companies.
Desmond manages accounting, bookkeeping, payrolls and reports.
He is a financial professional with 10+ years of expertise and specialization in full sets of accounts, financial and management reporting, data analysis, human resource experience in payroll, HR administration, staff permit application. Desmond is IT-savvy, and is on the short leg with the accounting software, possessing a strong business acumen at the same time.
Rune is the project's champion directing and supporting the team.
He is a business and start-ups consultant, entrepreneur and public speaker, who founded and co-founded multiple Internet companies throughout his career, which includes a 18-year experience in the top field leadership in collaboration with the multinational teams.
Rune's expertise lies in the field of the New Marketing Strategies, sales and marketing. Rune professionally assists businesses in developing business plans, in applying market strategies, incorporation and licensing.
Andrei is a vision-driven entrepreneur with career-long record of business growth and innovation. Having navigated several business ventures through the economic crisis of 2008, Andrei achieved the maximum operational output with the minimal resource expenditure and learned how to adapt, to survive and to grow in the challenging and the rapidly-changing markets.
At the moment, Andrei’s is focused on the blockchain-related technologies and the SaaS (software as a service) in finance, investments and payments.
Chris has over 27 years of experience as a litigation lawyer and is a notary public and a commissioner of oaths. His field of practice is in both Civil and Criminal Litigation and has handled Court cases involving breaches of Director’s Duties and other Statutory Duties and Compliance related Summonses. Chris is accredited on the List of Leading Counsel maintained by the High Court of Singapore under the LASCO scheme and is on the Panel of the Legal Aid Bureau. He is a volunteer probation officer.
Christopher has served in various sub-committees in the Law Society of Singapore, and has been recognized by the Criminal Legal Aid Scheme for his contributions to this Scheme. His is also involved in the Academic Field as Adjunct Lecturer with Murdoch University where he teaches Law Modules, and is a member of the Singapore Institute of Arbitrators.
Andras is in charge with the overall security of the platform, the way the blockchain technology is used and implemented to match the COSS needs.
With over 20 years’ experience in IT, building scalable systems, he has collaborated with the biggest players of the digital currency world such as Bitcoin, Ethereum, Ripple on the blockchain implementation, and co-authored David Lee Kuo Chuen in writing the Handbook of Digital Currency. Andras has entrepreneurial and technical background in a number of projects, such as: Viki.com (worth $230M), Yahoo Southeast Asia, Tembusu, Smartgrow and Yojee. Andras is CTO of a Singaporean startup named Yojee, which caters distributed logistics services for collaborative economies.
The level of expertise that Andras has acquired throughout his career as IT professional, entrepreneur and founder of numerous companies makes him a very knowledgeable specialist in the sphere of distributed technologies and cryptocurrencies.
Haarek is responsible for the product development of COSS and the research related to it.
He has technical educational background, and 25+ years of combined experience within Business Development, R&D, Process Development, IT Development, Project Management and General Management in several industries.
Haarek acquired a high level of Technical, and Project understanding from working within several areas of Project Management, Project Control and Project Planning in Oil & Gas and IT. He is expert in EPC Planning, General Project Planning Techniques and Processes, Process Management (Development, Assessment, and Analysis).
Eystein manages marketing communications, brand and sales management, advertising, promotion and distribution of the COSS services.
He has 20+ years experience in business development, management, brokering and trading, establishing and developing successful international companies, both on the owner and the operations' sides.
After many years in the brokering market, Eystein has moved on to the owning side of the offshore market. Having worked in brokering companies on and off since 1997, both in Europe and Asia, he has gained significant experience across all areas of the industry. Eystein has also held several senior management positions focused on project finance and syndication in the well-renowned companies, predominately across Europe and Australia.
He has management skills across an extensive specter of industries and businesses including shipping, finance, sales and business development, financial management, client recruitment, customer service skills, implementation and evolving of the new and the existing brands, products and services, recruitment and personnel development, establishing and driving market units.
Fitro creates the graphics and manages usability improvement of the COSS system.
He has 12 years' experience developing multiple design platforms consisting of web, print, digital media and advertising. He is experienced graphic designer with a BA in Visual Communication Design.
Maria converts the COSS vision into written words, manages the content and promotes the company in the media.
As a non-technical person Maria has always been fascinated by innovation, and started following the cryptocurrency agenda in 2014, when she was asked to write for a bitcoin news website part-time. She knows how to make the complicated technical terminology comprehensible for the non-techie people.
Stefan worked for ABN Amro and RBS as IT Infrastructure officer gaining extensive expertise in banking-related applications like core banking, payment systems, card management and internet banking.
Stefan re-discovered crypto during the Ethereum ICO and the emergence of Lisk. Seeing blockchain as the next revolution, Stefan started to get more and more involved into the blockchain ecosystem, now acting as Lisk Country Ambassador and part of the team that launched ARK blockchain platform in just 4 months. Stefan is Innovation Enabler for Societe Generale Shared Service Center in Bucharest, Blockchain Consultant, Innovation Banking and Business Strategy Advisor.
Mike always liked out-of-the-box thinking, so the last 20 years he kept himself busy as entrepreneur, investment banker, author, professor, speaker, angel investor and charity fundraiser.
Currently, as founding CEO he has been engaged into Krowd Mentor (crowdfunding project), Chargeback Armor (credit card chargeback representation & analytics platform) and TimeWare Solutions (smart home & office automation). Mike is on the Advisory Board of Token-as-a-Service (TaaS), the first ever tokenized closed-end fund dedicated to investments into the blockchain assets. TaaS tokens are currently traded on Liqui, LiveCoin, HitBTC.
Since 2011, Mike is a member of Tech Coast Angels (TCA), a network of 300 angel investors who have invested $175 million in 300 deals and raised over $1.5 billion from VCs.
From 2006 to 2011, Mike was the President of Leo & Leo, which represented brands such as Maserati, Segway, NetJets, PrivatSea, Sunseeker Yachts, NetSuite, Marsh, Orgil Greenhouses, Miss Universe, and Rockstar Energy Drink, with the total sales amounted to €60 million. From 2000 to 2006, Mike served as founding CEO of Pioneer TeleCare, an e-commerce firm with total revenues of $4 million. From 1998 to 2003, Mike was an Associate at WestPark Capital, The Interlink Group, Millennium Capital Partners.
Professor Tan Kim Song is currently a faculty member at the School of Economics, Singapore Management University, specializing in international economics and international finance. Prior to his present appointment, he was a Managing Director at Fleet Boston Bank, having also worked at other investment banks including Chase Manhattan Bank and others. He was involved in various aspects of the fixed income business. Before that, he was a senior journalist at the Straits Times in Singapore, covering political, economic and business issues in Singapore and in the region.
Prof Tan has been active in various businesses in the region. He currently sits on the board of a number of companies in Singapore and Myanmar, including listed company in SGX. In his capacity as an advisor/consultant over the past few years, he has worked with various private sector and public sector entities in the region as well as multilateral organizations such as the IMF, the World Bank, and the ADB. He is also active in public service, having served for many years as the Vice President of the Singapore Economic Society, and as a member of the Appeal Board of the Singapore Competition Commission.
Prof Tan holds a Ph.D. in Economics from Yale University and a Bachelor of Economics (First Class Honors) from Adelaide University.
Anson is the Chairman of ACCESS, Singapore’s Cryptocurrency and Blockchain Industry Association and a committee member of the Singapore Fintech Association. Anson is also the Co-founder/CEO of CoinPip, a payout service leveraging on blockchain technologies. CoinPip is backed by 500 Startups, one of the most prominent venture capital firms in Silicon Valley. He is an instructor of blockchain 101 at General Assembly Singapore. Prior to CoinPip, he ran a private family office in Singapore managing various asset classes, equities, derivatives and real estate.
Since 2014, John has been building a Bitcoin ecosystem in the Philippines with the help of like-minded partners. John leads the team as CEO, guiding the vision of the company and development of SCI’s products. The rare combination of technical expertise alongside business acumen has allowed him to lead the company’s rapid growth, and his passion for developing Bitcoin technology is reflected in SCI’s successful lineup of products and services today.
John is convinced that money transfers is an enormous opportunity in the Philippines, with at least US$30 billion entering the country in 2014 alone, and another US$40 billion in internal remittances. More importantly, he sees Bitcoin as the breakthrough technology that will revolutionize this industry.
John is an entrepreneur and a software developer. Two key skills that has allowed him to build his first venture, Baicapture Inc., from an idea in 2006 into a profitable company today with presence in the Philippines and Singapore. His unique skill set has
Ionut is currently a Managing Partner at CardBlue, a company issuing pre-paid MasterCard, who has 10+ years' experience in management within the payment industry at companies such as Union Card Services and Smart Paynetwork.
Christian has 20+ years experience in the energy sector with focus to the medium voltage networks, IT energy services, network automation research, energy market analysis and energy supply. He started his career in Vienna by providing medium voltage networks management.
In 2010 he was invited to speak about smart networks at an industry-related conference in Romania, where he launched a company catering IT energy services and network automation research soon after. To define the company’s strategy, Christian’s team conducted the energy market analysis in Romania and discovered that the demand for smart metering was strong.
The outcomes of the analysis inspired Christian to launch the energy supply company named Eva Energy becoming pioneer in the subscription-based energy supply in Romania with the innovative approach to portfolio structuring that Christian applied to boost the development of his business.
Throughout his career John has been president and shareholder of a few companies in Bucharest in the spheres ranging from real estate and IT to finance.
He began as mechanical engineer in the late 1960s, and since then has built his career up to CEO’s position, having worked as General Manager, International Business Advisor and Consultant in between. John is highly-skilled in strategic planning, management, operation, consulting, finance and investing.
Since the year 2000, John has become involved into the IT and Fintech industries as president, founder, and shareholder of a company processing card services. Currently, he is CEO of Cardblue, a company that is leading the catering of prepaid MasterCard and services in Romania.
Zach is an innovation, digital transformation, venture investor, growth executive and public speaker. He brought together strategic, creative, and technical skills assisting the industry leaders in grasping the innovation, digital capabilities, and organizational design in order to transform and sustain their positions at the forefront of their industries.
Zach is an early stage investor in Blockchain, DLT, Digital Health, IoT, Data & Analytics, Sensors, deeply involved in the organizational design and growth of a variety of FinTech, InsurTech, & non-financial blockchain, distributed ledger, and emerging technology co’s. He is a regular global public speaker sharing his strategies and insights about the technology trends shaping the global business across the future of work, organizational design, blockchain, Ethereum, Hyperledger, FinTech, RegTech, insurance, economic policy, human resources, innovation & emerging markets of Asia.
Zach specializes in general management, venture capital, innovation, hr, talent management, strategy, business develop ment, public relations, content strategy, mergers and acquisitions, startups, software development, innovation management, innovation strategy, corporate innovation, open innovation, growth marketing, design thinking, FinTech, Blockchain, Hyperledger, IoT, Internet of Things, Ethereum, AI, artificial intelligence, cyber security, insurance, insurtech, regtech, distributed ledger, compliance, regulation, kyc, aml, esports, digital health, recruitment.
Peter Sundstrom is a Solution Architect with focus and skillsets at finding disruptive technology trends, in many cases decades before others.
Peter has been in IT since 1985 and has a wide and deep knowledge in Development, IT infrastructure, Virtualization, Security, Cloud and Leadership with a long list of professional certifications. Peter has successfully directed development teams building $200m solutions for one of Sweden’s largest and most successful retailers, lead task-force team that saved a Bank from losing its license, designed IT security in military oriented organisations.
Peter's goal is helping both people and organisations to reach higher knowledge levels enabling them to find real business values in the new technologies.
COSS stands for Crypto-One-Stop-Solution and represents a platform embracing all features of a digital ecosystem, and aimed at boosting the adoption of crypto. The COSS platform unifies all transactional aspects that are usually managed by means of FIAT money, and offers multiple cryptocurrency-related services in one place: e.g. a payment gateway / POS, an exchange, a merchant list, market cap rankings, a marketplace, an e-wallet, various coin facilities and a mobile platform.
The COSS token is a revenue-generating cryptocurrency, developed on the Ethereum public Blockchain as an ERC20 Token, that enables its holders to receive revenues in the form of transaction fees charged by the COSS system for cryptocurrency transactions.
COSS has the nomination COSS and has 8 digits after the decimal point (e.g. 0.12345678 COSS). By using the ERC20 standard, we enable the currency to be stored and transferred to and from many ERC20-compatible wallets
The COSS token can help you to build your portfolio in all other tradable cryptocurrencies. Just as any other cryptocurrency it can be used for trading and exchange, as well as within the COSS payment gateway / POS as a payment medium. What distinguishes COSS from all the other cryptocurrencies is that simply holding will bring you weekly revenues in the cryptocurrencies used within the COSS system.
Somebody walks into a store in Korea, for instance, and purchases something with cryptocurrency - 1ETH worth of products. He/she pays through the COSS POS. A transaction fee equal to 0,75% of the transaction is charged for this purchase, and 50% of that fee goes to the COSS token holders and it is paid out in ETH.
Another person in Romania makes a purchase worth 1 BTC. Same procedure, same transaction fees and again 50% goes to the COSS token holders, but this time paid out in BTC.
The COSS exchange starts at 0,2% trading fee from both the taker and the maker of any order (this fee can be reduced by increasing the trading volume). Let's say, trader A wants to sell Litecoin (LTC) in return for ARK. Buyer B that already placed a buying order for ARK, paying with his/her LTC matches the required parity/offer, and a trade is being executed. 0,2% of the LTC is charged as trading fee AND 0,2% of the LTC is charges as transaction fee. 50% of both these fees now goes to the COSS token holders, paid in ARK and LTC respectively.
In the future, transaction fees from the upcoming features will also be added to the current model to benefit all the COSS token holders and increase their revenues.
In this way the COSS token allows you to build your crypto portfolio in all the popular cryptocurrencies.
Currently, the COSS platform generates revenues from three sources: withdrawal fees, exchange transaction fees and payment gateway.
The cryptocurrency withdrawal fees generate the revenue for the platform, however most of
the fees are used by the network to process the withdrawal. Throughout this process no direct revenue is generated, which means that no amount of the withdrawal fee is shared with the DAO token owners.
COSS utilizes the maker-taker transaction fee scheme, that generates a pure revenue for the platform. The fee is charged from both members participating in the trade. 50% of this revenue is shared with the DAO token owners. The fees begin with 0.2% of the taker and the maker's fee, and end at 0.04% derived from transactions.
The merchant selling goods by means of the payment gateway or the POS creates the revenue for the platform. The fee is generated in the cryptocurrency that is used for that respective transaction. The fee is generated in both cryptocurrencies traded within a pair. In the case of a FIAT pair, only the fees paid in cryptocurrencies are distributed to the token holders. 50% of this revenue is shared with the DAO token owners. The COSS merchant platform operates on a 0.75% fee derived from each transaction.
Every participant in the COSS Token Swap (ICO) will be rewarded with COSS Tokens, equivalent to the progressive bonus scale upon joining the Swap. The COSS Token Holders will be rewarded in accordance with the following revenue-share distribution plan: 50% of the COSS Platform’s Entitled Fees derived from the Payment Gateway/POS Fee – 0,75%; Exchange Fees starting from a standard trading fee of up to 0.2% (charged from both, buyer and seller, all the trading pairs on Exchange); the Shared Fees charged from the 3rd-Party Services’ Providers.
Each COSS token holder can set a smart-contract function by providing his/her COSS username to receive the interest generated by the platform. A screening procedure of the COSS Wallets will be done weekly, and based on the amount of the COSS Tokens held by the individual, his/her revenues will be automatically calculated and payed-out. In case the user didn't set-up the function by typing in his/her COSS username, the revenue will be received by the initial owner (buyer in the Token Swap (ICO)). In case no such user has been indicated, the revenue will not be received for the current revenue-sharing week.
The Fire-Swap is a means of exchange in the form of a pre-sale before the official Token Swap takes place. This form of exchange is designed specifically for strategic partners and the community members as well as the people who would like to become early investors into COSS. It starts on July 10, 2017 at 7 a.m. GMT.
A Token Swap is a means of exchange, during which one or more tokens are exchanged for another token in the equivalent of the same or similar total value. It starts on August 8, 2017 at 7 a.m. GMT.
The total amount of COSS tokens is 200,000,000 COSS.
The COSS tokens will be released after the end of the Token Swap on or by September 20, 2017.
25M (out of the total 200M) COSS tokens will be available for pre-sale during the Fire Swap and 130M during the Token Swap of which: 30,000,000 COSS Tokens are allocated to Developers, Staff, Strategic Partnerships, Operations; 10,000,000 COSS Tokens to CAP (COSS Affiliate Program) and 5,000,000 COSS Token to Shareholders/Board of Directors/Advisory Board.
The funds raised during the Fire Swap and the Token Swap will be used by COSS to Implement the new features: e.g. prepaid cards, P2P remittance, B2B remittance enhanced AML functions, digital signing of documents and certificates, Smart Contracts as a Service (SCaaS), DAO, launch of the COSS Affiliate Program (CAP).
All ETH from the Main Token Swap (ICO) that begins on August 8th , 2017 will go into a Multi-Sig Wallet with 3 Signatories. The Release Procedure from the Escrowed ETH Wallet will take place annually based on the approved budgeting presented by the COSS Management:
Followed by the Token Swap (ICO), COSS launches a 1-tier affiliate program to stimulate the further growth of the platform and to reward the contributors. All COSS users have a referral URL displayed in their account. By sharing the link and inviting the new users to the platform, they can reduce their own transaction fees on the COSS Exchange.
COSS aims to educate its customers about the functionality of the platform and its marketing tools by issuing a certification course that will ensure the seamless integration of the POS to merchants' online stores. By becoming Certified Affiliates (CCAP) users can also earn transaction fees derived from the COSS payment gateway / POS system and receive rewards for the new registered merchants.
Participants of the Token Swap will receive bonuses. The COSS Tokens will be swapped according to the progressive bonus scale stated below:
COSS will run run some of its features as a DAO (Distributed-Autonomous-Organization) that will generate the revenue and allocate 50% of it to COSS token holders. The COSS DAO token is operated via an Ethereum smart-contract that controls the distribution and the allocation of the revenue stream, generated by the platform. The platform itselfs is operated by COSS Pte Ltd. registered in Singapore, and is therefore centralized. The revenue share of the COSS DAO token holders, generated by the platform from transaction fees, is paid out in the appropriate currency that was transferred/exchanged/traded.
We recommend using Ethereum-based wallets (e.g. Mist, MyEthereum wallet) and ERC20-compatible wallets.
The community of the COSS token holders will vote to determine the fate of the unsold tokens, if any. A voting mechanism with several voting options will be setup after the Token Swap is over. The voting options will be based on the feedback and the suggestions provided by the COSS token holders via Slack:https://join.slack.com/t/cosstokenswap/shared_invite/MjI0MTIyMzEzOTA4LTE1MDIyNDcwOTAtZDhjZmRjZGI2Zg
COSS.io is Corporate Member of: