Ok team. So the recent announcement I will admit was a little confusing and was full of a lot of Jargon. However, I don't think this is as bad as a lot of people are making out. I have a few reasons for thinking this.

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From ARAX's website:

"Supporting multiple blockchains, the wallet serves as a one-stop manager of your cryptocurrency portfolio. Arax adds value to the market by facilitating users to make utility bill payments and mobile recharges via crypto at their will. The Blockchain wallet also offers international money transfers and coin exchange while enabling near by transfer via GPS technology".

If COSS can actually become a functioning, high volume payment gateway, this leads to more fees etc.

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2) We still don't know the way in which FSA will be affected? Maybe COSS holders will receive a small decrease in FSA, but as mentioned by someone else, a smaller piece of a hopefully larger pie.

Let me know what you think, and don't base your feelings on the price right now. We know how reactionary and erratic this space is. FUD reigns supreme. I am positive about this merger, even if the kinks need ironing out (hopefully ASAP).