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Costcoin is a decentralized token based e-commerce platform to be launched in 2019 by Drew Chin. [1] [3] [2]


Initial brand partners will be awarded token stakes, and all brands will earn a token for every executed transaction. Over time the skew of token ownership should naturally skew towards the brands. Once the brands in aggregate hold over 51%, they will effectively control the Costcoin platform. [1]

The Advisory board includes executives from Wikibuy, , Mirae Asset Daewoo Securities, and IDEO. [2]


Costcoin has also partnered with Multicoin Capital, a leading cryptocurrency hedge fund based in Austin, Texas. [2]

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