COTI (COTI) Review

Industry: finance


Description

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.


Features

Benefits:

Consumers will enjoy:

  • Cash back
  • Near-zero fees
  • Buyer-seller protections
  • User-friendly interface
  • Seamless integration into e-commerce sites and debit cards

Merchants will benefit from:

  • Near zero fees
  • Instant settlements
  • Improved cash flow
  • Low rolling reserve requirements
  • Regulated payment ecosystem

Founded: 2018, Gibraltar


Social networks


Conversion Block

Token COTI
Price 1 COTI = 0.1 USD
Platform Trustchain
Accepting ETH, BTC, Fiat
Hard cap 30000000 USD
Raised $3,001,028
Country Gibraltar
Whitelist/KYC KYC & Whitelist

More on ICO


Technical details

  • Token COTI
  • Platform Trustchain
  • Type ERC20
  • Price in ICO 0.1000 USD
  • Accepting ETH, BTC, Fiat
  • Distributed in ICO 30%
  • Hard cap 30000000 USD
  • Raised $3,001,028


Milestones

  • Q2 2017 Foundation and R&D.
  • Q3 2017 Consensus White Paper release.
  • Q1 2018 Onboarding Design Partners. T1 Token sale - $15M.
  • Q3 2018 Alpha release trustchain.
  • Q4 2018 Onboarding partners Test net release.
  • Q1 2019 Main Net COTI coins minting.
  • Q2 2019 First partners applications roll out.
  • Q3 2019 Advanced partners applications roll out

Team

  • Shahaf Bar-Geffen, CEO, Serial entrepreneur
  • Dr. Nir Haloani, CTO, IBM (Former head of research), Owner of 14 patents
  • David Assaraf, COO, Former HSBC internal auditor, Financial specialist
  • Eli Hallufgil, Technology team leader, Mathematician
  • Yoni Neeman, Software Engineering, Expert in FinTech applications
  • Anton Suslonov, Data scientist, Expert in blockchain technology and applied mathematics
  • Yair Lavi, CFO, Former finance director at Plus500 UK, Financial specialist
  • Samuel Falkon, Co-founder, VP business development FinTech pro
  • Efrat Bar-Lev, VP marketing, Marketing pro

 

COTI

Start: February 1, 2019

End: February 15, 2019

Ternion is another fantastic looking project. It's solid team and overall excellent vision are going to catapult this project into the next level of crypto trading. Their platform will integrate fiat trading to enable day traders with the ability to cash in and out with fiat. Still, no exchange has accomplished this simple feature. Ternion will probably be the first, and I want to be there when they make it happen.

Roland   April 6, 2019  

Woah FABA coin! Now this is a game changer. FABA is talking about building a platform for non-accredited investors. Does anyone know how huge this is? This is just as big as institutions buying up crypto and having custody of it. Allowing N-A investors a piece of the pie is crucial in creating the decentralized economy and allowing more players to join. Crypto is meant to be available to everyone, not just the elite few. FABA is here to make everyone money, and this coin is going to be the next big hit. It's logo is awesome and their vision speaks to the majority of crypto enthusiasts.

Corey   April 6, 2019  

Foodnation is working on a respectable platform. They understand that only a few food delivery companies have control of the entire marketplace. This is unacceptable in the current time period. Food companies on a smaller scale should be allowed to gain exposure without being overshadowed by the few companies that own the majority stake. The team is filled with professionals of their given network, and they are adamant in making a change in one of the most important aspects.

Carlos   April 6, 2019  

Add/Read Reviews

https://coti.io/  

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