cosquare

About:

cosquare is a globally scalable social marketplace with the potential to transform how a generation of social media users shop. Serving consumers, influencers and brands, cosquare combines blockchain technology, social media and e-commerce to create a fun social shopping experience. CSQ, cosquare’s own currency, run on the Ethereum public blockchain, is a pure payment token and acts as a medium of exchange for products sold on the cosquare social marketplace. CSQ thereby fulfils one of the core functions of money as a medium of exchange for goods or services. Our vision is to make CSQ the number one currency for online shopping. The cosquare social marketplace is designed to empower people and liberate brands. Empowering people:
Every user is both a potential consumer and influencer with the power to earn CSQ to spend on the platform or exchange to fiat and cash out. Every user can influence the buying decision of another through their social activity and can discover (new influencers, products and brands), share, buy, earn and gift on the platform. Each user is entirely in control of their own cosquare universe, following only the brands and influencers they love. Committed to creating a fully people-driven shopping experience, there is no advertising on the marketplace. cosquare will however give users the opportunity to opt in to monetise their own data in a transparent way, rewarding them with CSQ for data monetised through brands and publishers. A simple gifting function lets users gift each other the products they love. A user can accept or decline a gift, while cosquare protects their data. Users can also send instant peer-to-peer transfers of CSQ. Liberating brands:
cosquare liberates brands by facilitating them to sell direct-to-consumer, bypassing the traditional wholesale distribution model.
The platform becomes a brand’s social flagship and unlike on existing social media, direct conversion takes place within the ecosystem, without any adverse impact on user experience. cosquare seeks to make cryptocurrency payments mainstream. The platform accepts its CSQ currency and major fiat and cryptocurrencies. This feature enables brands to tap into the massive value held in cryptocurrencies.



Intro:

cosquare is a global social marketplace with its own CSQ digital currency. Merging the worlds of blockchain technology, social media and e-commerce, cosquare is on a mission to create a richer shopping experience for consumers, influencers and brands. The gamified shopping ecosystem empowers people to earn and liberates brands to sell direct-to-consumer. cosquare makes cryptocurrency payments mainstream, accepting CSQ and all major crypto and fiat currencies. Committed to transparency towards all stakeholders, cosquare is an advertising-free, people-driven shopping universe.



Milestones:

Q4 2017

Perpetual THC AG is founded in St. Gallen, Switzerland, and acquires the intellectual property rights of a social marketplace from cosquare holding B.V., cosquare technology B.V. and cosquare B.V.

Q1 2018

Ideation of blockchain application with own currency for payment and reward system.

Q2 2018

Founders of cosquare join Perpetual THC AG. Conceptualisation of token economy and smart contracting. Delivery of platform prototype and development of White Paper.

Q3 2018

Cosquare AG founded in Zug, Switzerland. Pre-ICO token sale begins. Integrate blockchain application layer with social marketplace.

Q4 2018

ICO token sale begins and sales team begin onboarding brands.

Q1 2019

ICO token sale ends. Integrate exchanges. Roll out go-to-market strategy to attract brands and influencers.

Q2 2019

Launch MVP (web, iOS and Android) and sign 100+ brands. Enable CSQ and cryptocurrency purchases, gifting, direct messaging and tracked sharing.

Q3 2019

Introduce decentralised influencer agency portal. Enable users to opt in to monetise their own data.

Q4 2019

Dynamic media delivery and expanded product offering capability.

Q1 2020

Expand online offering to include services and experiences.

Q2 2020

Roll out payment solution for CSQ at brands’ offline stores.