COTI is a Gabraltar originating ICO which was started in 2018. The platform represents an innovative blockchain protocol elaborated for decentralized financial transactions and payments. COTI was created for the usage by vendors, institutions, payment dApps and stable coin issuers. The main ICO application is COTI Pay which is already consists of the networks joining five thousand merchants and eighty thousand users. The platform is not intended to service casual, widespread and everyday transactional needs. The platform provides vendors, payment systems providers, developers and financial institutions with an overall solution that can help them replace credit cards, and bank wire transfers and cash.
COTI provides a technology elaborated for decentralized payment networks so companies can orient to important business aspects instead of financial infrastructure. The advantages of COTI are scalability, high speed and near zero fees. Moreover, COTI provides the infrastructure required for governments to provide stability and usability in their networks. COTI unites infrastructure, services and applications to support enterprise solutions, payment applications and stable coins.
COTI platform is built upon Trustchain, which represents a proprietary algorithm based on artificial intelligence, which significantly reduces transaction costs and raise transaction speed by allocating trust scores to payments and clustering it in chains.
Merchants will benefit from:
Founded: 2018, Gibraltar
Price 1 COTI = 0.1 USD
Accepting ETH, BTC, Fiat
Hard cap 30000000 USD
Whitelist/KYC KYC & Whitelist
|Start||February 1, 2019|
|End||February 15, 2019|
COTI has just published an impressive review of 2018's achievements. They've launched products (Trustchain protocol AlphaNet ); came first in several competitions and rankings (top place at the Google-sponsored Pick a Startup competition, well, that's something worth mentioning!) and got into some meaningful partnership around the globe. These guys stick to their road map so far and I am really looking forward to the release of the main net in 2019!
The COTI business whitepaper mentions mitigating the volatility risk with put options and other hedging mechanisms. It is possible, but generates extra transaction costs (merchants will have to buy the options). And it requires having a big enough market to have the counterparty to the hedge (someone who wants the sell the options). This is a chicken and an egg problem: you need a stable price to have the mass market adoption, and a mass market adoption to stabilize the price. This will not work. Every currency designed specifically for payments needs be a stable coin pegged to a fiat currency.
We list the most relevant upcoming crypto market ICOs from the industry leaders
Bcnex is intent on providing a complex solution to four overarching issues pertaining to the dominating majority of crypto and digital asset exchanges, precisely unsophisticated and incompetently developed technical architecture; lax security of traders' assets and operations...
1 days left
Bither is a multi-layer platform created by a team of blockchain enthusiasts from Georgia. The main purpose of Bither is to resolve the problems associated with the Proof-of-Stake algorithm...
2 days left
Slothee is a startup registered on the British Virgin Islands that developed a business networking application which, as they claim, is unique to this particular field. According to the team’s estimate, over the course of 3 years, the app must form the base of 3.5 million active users capable of generating the revenue of around $31 million
2 days left
With the arrival of 2019, the token sale models promised a change that would significantly improve over what ICOs had to offer. While ICOs were at their height back in 2017, their popularity quickly started to drop in 2018...
4 days left