COSS Engine Upgrades + A Few $100,000 USD Promos To Come In A Few Days!

in #coss6 years ago (edited)

A message from their facebook

"Dear all. A short update from us here at COSS.IO in Singapore.
New Dev is in place and things are happening behind the scenes. Constant updates are being added to the UI and optimization of the system is ongoing. This should result in a much smoother running exchange over the days to come. The coming week will be a very exciting week with multiple new listings of tokens and several very attractive trading promos’. We are talking BIG promo’s here. A few $100,000USD promo’s out of which one will also offer 2 VIP tickets to The World Cup Final in Moscow including 3N/4D accommodation at the official FIFA Hotel. But even before those promo’s start, a $400,000USD promo will start. Please check back for announcements regarding this. February and Chinese New Year is coming up and why not kick off the new lunar year with a MILLION DOLLAR promo, added gravy to that promo will be 3 x iPhone X and a trip to Singapore including flight and accommodation. The MILLION DOLLAR PROMO is set to start on February 16th. Stay tuned for more announcements. Enjoy your weekend all."

What does this mean?

Currently, as of last week users received dividends to make the coin worth ~85 cents (for 5%ROI per year), however the dividends were doubled due to their recent mistake. Therefore, their coin is worth ~40 cents, despite it being ~90 cents right now. This means more than half is speculation. However, if speculation is correct, I could see this coin reaching 10 dollars by the end of Feb.

This will likely create a high influx of volume, thus increasing the price of the coin through the increase in dividends. However, the most important thing is it brings more exposure to it, hopefully increasing the volume of other trading pairs too!

Here's my analysis of COSS

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do i still get the free trip to singapore if i'm already in singapore?

get on at Singapore, get off at Singapore!! haha

COSS the Boss. Given the growth potential, an extremely interesting token for those who want a dividend stream (official: token distribution split) attached to their tokens.

yes! their weekly dividends will stay at 50% forever, unlike KCS. all they need now is more volume, and with the new coins coming, surely their volume will increase. With more capital on the exchange, hopefully some of the other trading pairs will also gain more volume!

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