This is the first post at a place where we share analysis and opinions for interesting coins, tokens and pure gems in the vast landscape of the blockchain world. There's so many coins out there, but not a lot of free information (looking at you, paid groups) and analysis on them. The Scoop aims to change that by sharing and improving the data available for a given coin.
So let's begin!
It's your Crypto One Stop Solution! The platform is literally so many different things, from an exchange to payment gateway to wallet / dividend system and fueled by the coin. And there actually IS a product that you can use today unlike most ICOs and 'cool idea' coins. You get free split tokens just for keeping coins on the platform which is pretty unique as almost all exchanges are only taking your money in fees rather than giving it to you.
It's got a slick UI and while still in Beta, works as well as can be expected. Very active team out of Singapore. It feels like they got a better handle than normal on security as well with the usual 2FA features, but they don't let it get in the way of usability.
It's a platform, actually. You can get access here:
Along with the whitepaper:
https://coss.io/documents/coss-whitepaper-v3.pdf
CMC says ~63m circulating with a total supply of 104m and max 200m. According to the whitepaper where it's broken down further, ~17.5% premine (really a pre-allocation, I guess) for the company, plus 5% more for the affiliate program.
It also says that the remaining undistributed tokens will be given to their charity foundation, which is nice.
No huge names, but the teams seems nicely filled out. Top guy has Fintech experience and owns a dev company, many have CS degrees and they actually have someone publicly in charge of security (surprisingly rare even today). Also rounding out the team are marketing, accounting and UX folks, all of whom's specialties are critical for a project of this size's success.
Idea wise, there are plenty of exchanges, DEX and traditional, as well as platforms and fancy wallets out there today already.
Pros
Cons
They follow the tradition of having the majority of volume on their own platform, just like CryptoBridge. But you can also find it on HitBTC and EtherDelta.
https://coinmarketcap.com/currencies/coss/#markets
Based on FA, COSS looks like a low to medium risk with high reward potential if they continue to deliver and catch on. Picking it up under 3000 sats would be bargain or under a dollar would be an upper entry while still expecting solid gains.
And that's your scoop!
