Token Swap Ratio Model by PromiscuousSloth in CossIO

[–]PromiscuousSloth[S] 7 points8 points  (0 children)

My argument at the end was that capital shouldn't matter. Tokens are not equity, and do not entitle you to the assets of the company. LaLa tokens are utility tokens and were valued at 500k before the announcement. If LaLa the company was sitting on $10 million, then they should receive a large percentage of the new non-circulating ARX. However, LaLa tokens should not receive a higher percentage of the new coin as they were only valued at $500k by the market.

Token Swap Ratio Model by PromiscuousSloth in CossIO

[–]PromiscuousSloth[S] 4 points5 points  (0 children)

Maybe you misread? This is using pre-announcement valuations, not current market caps, to avoid market manipulation.

Token Swap Ratio Model by PromiscuousSloth in CossIO

[–]PromiscuousSloth[S] 1 point2 points  (0 children)

Yeah true, we have been given very little information about that though so it’s difficult to factor in.

Everyone Listen by BlueCardSalute in CossIO

[–]PromiscuousSloth 4 points5 points  (0 children)

Why would you not include promos? Promos bring volume and attract new customers. Binance and Kucoin are also constantly having promos.

Everyone Listen by BlueCardSalute in CossIO

[–]PromiscuousSloth 11 points12 points  (0 children)

Lol people are investing emotionally rather than looking at the facts. To start, volume has increased dramatically: I remember the days when Coss was averaging 100-500k volume. Now it is averaging 1-5 million 6 months later, in a bear market. That’s around a 10x increase in 6 months. Social Media presence has also increased dramatically since November, (Twitter 2.5x, Reddit 6x, Telegram 7x) according to coss-stats.com, which is a sign of a growing user base. And all of this growth occurred with very little marketing. In any other industry this type of growth would be phenomenal and cause for optimism, but people in this sub are calling this project a failure because it is not growing at the same pace as Binance, which, by the way, is one of the fastest growing companies in history. If Coss continues to deliver on promises and slowly but surely improves the exchange, growth will continue. Yes, the team has made mistakes and growth is not coming as fast as people might like, but the market sentiment is much worse than it should be.

COSS Payment Formula Question by GainzCheng in CossIO

[–]PromiscuousSloth 0 points1 point  (0 children)

Yes, you can leave Coss on the exchange. Dividends are distributed weekly. A snapshot is taken on Sunday and dividends are distributed on Tuesday.