Expanding on SamuelBRoberts' rundown:
Kucoin
Total supply: 181,034,076
Circ supply: 91,043,076
The other 90 mil belongs to kucoin and is in lockup for 3 years. No word on how these coins will eventually reach the market, if they do.
The 50% split is for at least the next 6 months, and after two years they said it'll be no less than 15%. However, it seems whenever they list a new coin, they will run a promotion where there are 0 trading fees for the first month (at least that has been what's happened so far). In addition to the fee split, holding 1000 kucoin gives you a 1% trading fee discount, stacking up to a max of 30% discount (with 30k kucoin). All of this lowers the value of the fee split.
They have a referral program that heavily encourages shilling for the Kucoin exchange. https://news.kucoin.com/en/kucoin-will-l...t-october/
COSS
Total supply: 200 million
Circ supply: 83 million
Of the coins not in circulation, 10mil is permanently locked up & receiving the fee split for charity purposes. The rest of the coins are locked and not able to receive the fee split until they're distributed. Of those, it's split 50 mil for future coss funding, 20mil for COSS affiliate program, 30mil for dev/shareholders/staff/bounty. Of the coss funding coins, Coss-Rune said that they will be incrementally sold off in future to help fund expansion. No exact plan at this time, but it's likely some of the following will be considered: Priority to existing coss holders, a discount, a lockup period to prevent discount coins from hitting the market all at once.
Given that adds to 203 million, that means some amount of affiliate or bounty COSS have been distributed.
They're aiming to be a fiat portal and to have full legal compliance, which means they won't be listing coins that are in essence securities (they believe the way they've set it up, the coss coin isn't a security, whatever) or have other potential issues (such as coins that are very focused on privacy such as monero or verge).
COSS has definitely had more setup issues than Kucoin (slow to list new coins & generally shitty exchange, fee split teething issues, etc) but if they pull it off, I'd say they have a much higher potential than Kucoin.
To be clear, I do hold some kucoin and a larger amount of coss.
Kucoin
Total supply: 181,034,076
Circ supply: 91,043,076
The other 90 mil belongs to kucoin and is in lockup for 3 years. No word on how these coins will eventually reach the market, if they do.
The 50% split is for at least the next 6 months, and after two years they said it'll be no less than 15%. However, it seems whenever they list a new coin, they will run a promotion where there are 0 trading fees for the first month (at least that has been what's happened so far). In addition to the fee split, holding 1000 kucoin gives you a 1% trading fee discount, stacking up to a max of 30% discount (with 30k kucoin). All of this lowers the value of the fee split.
They have a referral program that heavily encourages shilling for the Kucoin exchange. https://news.kucoin.com/en/kucoin-will-l...t-october/
COSS
Total supply: 200 million
Circ supply: 83 million
Of the coins not in circulation, 10mil is permanently locked up & receiving the fee split for charity purposes. The rest of the coins are locked and not able to receive the fee split until they're distributed. Of those, it's split 50 mil for future coss funding, 20mil for COSS affiliate program, 30mil for dev/shareholders/staff/bounty. Of the coss funding coins, Coss-Rune said that they will be incrementally sold off in future to help fund expansion. No exact plan at this time, but it's likely some of the following will be considered: Priority to existing coss holders, a discount, a lockup period to prevent discount coins from hitting the market all at once.
Given that adds to 203 million, that means some amount of affiliate or bounty COSS have been distributed.
They're aiming to be a fiat portal and to have full legal compliance, which means they won't be listing coins that are in essence securities (they believe the way they've set it up, the coss coin isn't a security, whatever) or have other potential issues (such as coins that are very focused on privacy such as monero or verge).
COSS has definitely had more setup issues than Kucoin (slow to list new coins & generally shitty exchange, fee split teething issues, etc) but if they pull it off, I'd say they have a much higher potential than Kucoin.
To be clear, I do hold some kucoin and a larger amount of coss.