Hi Steemit ^)^,
I'm really into financial exchange coins because they are easier to evaluate. There are already the most popular ones (BNB from binance) and Kucoin shares.
I have found a new one that has not yet exploded - COSS, and I feel it is the winner for a variety of reasons:
One of the biggest strengths of the COSS coin is that it actually has a real-world use value. It is quite literally the crypto equivalent of owning a stock. COSS will pay out 50% of all the fees collected on its exchange. You will be paid a certain monetary amount per COSS coin that you hold. The exact formula is as follows. [(Daily Trading Volume) x 7 x 0.002 x 0.5]/93 mil = payout per coin. To put that into perspective, let’s say that COSS reaches the level of volume that Binance does (considering that less than 1% of the world is invested in crypto, that is absolutely plausible). Binance does 6 billion per day in transactions. The formula to calculate your payout would be [6,000,000,000 x 7 x 0.002 x .5]/93,000,000 = .45 dollars per coin per week. If you were to buy just 1000 coins (which would cost about $2100 USD at the time of this writing), you would be making $450 per week in dividends alone. If you were to buy 10,000 coins for $27,400, you’d be making $4500 per week. You’d be making $234,000 per year by just letting your money work for you. This coin has retirement level potential, which is why I like it so much. If KucoinShares (the COSS token equivalent of Kucoin) can reach almost $18 per coin with a 50% dividend that is going to be reduced to 15% over time, why shouldn’t COSS absolutely skyrocket past $18 if COSS will offer 50% dividends forever?
Eva
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.reddit.com/r/COSS/comments/7qdfx8/coss_will_make_you_rich_heres_why/
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If it get the volume of Binance the weeklenzen income will be great... But also the coin price itself will Sky rocket.
Coss is my favorite coin.
Especially when they will issue debitcards.. This would be a real world use.. And so we can finale use our crypto in stores
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