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 merges the worlds of blockchain technology, social media and e-commerce
to create a fun and gamified social shopping experience.
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|Website||Click Here For Visit ICO Homepage|
e-commerce has transformed how people shop and is fast becoming the preferred shopping method for many, especially in the major consumer markets. Over the past decade global e-commerce has been expanding at an average rate of 20%, and retail e-commerce sales are projected to hit 4.8 trillion U.S. dollars by 2021.
Social media & influencer marketing
Social networking is one of the most popular online activities as the number of social media
users worldwide continues to grow. In 2017, 71% of internet users were social media users.The number of social media users is projected to reach 3.02 billion by 2021 and expanding mobile and smartphone penetration will fuel growth.
With the growth in the global e-commerce market and a fall in offline retail, the direct-toconsumer model has become an increasingly important retail channel. More and more brands are recalibrating their strategies in favour of a direct-to-consumer model where
they sell directly to customers via their webstore or offline presence, avoiding intermediary
agents and the traditional wholesale distribution model.
The recent Cambridge Analytica/ Facebook scandal has brought attention to the use of
data collected by online companies. Internet users are aware that giants like Google and
Facebook collect their data in return for use of the service free of charge. This data is used
to give consumers a more customised web experience. But consumers and regulators are
now calling for more transparency around the use of data collected online.
The CSQ acts as a transfer of value in two functions. Firstly, as a payment token CSQ
enables consumers to purchase products from brands on the platform. Secondly, CSQ is
used to reward influencers and consumers for their social activity and loyalty on cosquare.
Cosquare enables brands – young and established alike – to optimise their profits by
benefitting from the cosquare ecosystem, liberating them from some of the constraints of
today’s retail and social media landscapes.
Cosquare objective is to provide people with a transparent, empowering and rewarding
system of online shopping.
Loyalty payback rewards
Cosquare offers payback rewards to consumers for their loyalty in making purchases from
brands on cosquare. All rewards to consumers are made in the CSQ currency. The payback
rewards are distributed according to payment method used with a tiered reward offered
for payments made through CSQ, cryptocurrencies, then fiat currency.
There is no advertising displayed within the cosquare marketplace. cosquare is committed
to creating a shopping universe entirely driven by the people using the platform. Users are
fully in control of their experience on cosquare, following only the brands and influencers
|Member||Duco Hiensch – Founder and President
Olav Johannesma – Financial Controller
Justin busschau –Technical Director
Abraham Mouritz – Technology Counsel
Timo Maas – System Engineer
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