Cryptocurrency Research Report: Coss.io (COSS)

in #coss6 years ago

Cryptocurrency Research Report - Coss.io (COSS).jpgWhat does this crypto do?

COSS coin holders receive 50% of the revenues earned from the COSS.io exchange and merchant gateway.

Why is this crypto unique?

The 50% fee split is locked in forever in the smart contract. Also, the COSS.io platform offers exclusive ICO’s and will have a fiat gateway in March 2018. Competing exchanges simply do not offer all of the services of the Crypto-One-Stop-Solution.

Rating

We rate COSS a 4 / Buy due to its long-term potential to become a massive crypto powerhouse. Currently, the exchange lags under minimal volume, but it is expected to be upgraded in Q1 2018. The community is extremely devoted, with over 80 volunteer devs working with the COSS team on UI/engine improvements. If all goes as planned, COSS can provide substantial weekly income for years to all early adopters.

Investment Highlights

  • Weekly “fee split allocation” paid to all COSS coin holders based on 50% of exchange and merchant services revenue forever
  • A fiat gateway for USD, EUR, and SGD will open in March 2018
  • Extremely focused on all regulatory approvals and licenses, especially meeting SEC requirements for US citizens
  • The exchange will host exclusive ICO’s that are heavily vetted

Investment Risks

  • Significant competition against decentralized exchanges, no-fee exchanges and potential projects such as FairX and WorldBook
  • The development team is very small and the current exchange engine crashes under light volume
  • A bear market or decline in crypto interest will reduce overall trading volume and limit the upside potential

Competition

  • Kucoin: the major incumbent in the fee split token segment. Kucoin quickly grew in popularity and averages over $100M volume per day. However, the fee split for KCS is variable and can be adjusted below 50% at any time.
  • Binance: major global exchange averaging over $2B volume per day. The BNB coin does not offer a fee split, but instead offers reduced trading fees

Market Sentiment

  • COSS has an extremely devoted community and the coin has a high level of hype and a decent amount of shilling across several subreddits
  • Rune, CEO, is very active on Telegram with consistent updates, which drives high intraday volatility

For more research, check out Coinonomic.com or here: https://coinonomic.com/research/research-report-coss/

Disclaimer: At the time of writing, several team members at Coinonomic own positions in the cryptocurrency. We are not directly affiliated with the Company and we are not receiving compensation for this research report. Visit our website Coinonomic.com for more research reports and analysis.

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