COTI
| COTI | |
|---|---|
 COTI ICO Review | |
| COTI ICO | |
| Ticker: | COTI |
| ICO start: | 2018-08-15 00:00:00 |
| ICO end: | 2018-09-01 00:00:00 |
| Price: | 1 COTI = 0.1 USD |
| Tokens: | 0 |
| Tokentype: | ERC20 |
| Hardcap: | 30 000 000 USD |
| Raised: | 0 |
| Platform: | Trustchain |
| Distributed: | 42% |
| Accepting: | ETH, BTC |
COTI is a FinTech company that has developed a base protocol, known as the Trustchain™, which aims to address technical challenges plaguing other existing cryptocurrencies and limiting their mass adoption as means of payment. It includes consumer wallets, merchant processing tools and a digital currency exchange facility.
The consumer-merchants payments industry is estimated to be a two trillion USD market however, it has been monopolised by Visa and MasterCard for the past 40 years. Nowadays, each transaction goes through 6-8 middlemen, each collecting a fee and potentially being a point of failure.
COTI aims to address such shortcomings by combining the best of traditional payment methods with the best of traditional currencies. COTI network users can expect low-to-zero fees, full buyer-seller protections, a robust Trust Scoring Engine and decentralised Mediation System.
COTI’s team includes top management and R&D talent, veterans of the financial industry and blockchain experts. Our team includes Steven Heilbron (former CEO of Investec Bank UK), Dr. Matthew McBrady (former CIO of Blackrock), the founders of Processing.com and early investors in Twitter, Square, Coinbase, Ripple.
Contents
Description
COTis building a base protocol that is built for payments from the ground up.
Merchants using us will enjoy a better bottom line since they’ll be able to process more transactions and to pay less fees. Consumers using COTwill have a great user experience, mixing the best of traditional payments with the best of digital currencies. COTinnovated using DAG for payments, built a generative Trust Chains algorithm that is used to achieve consensus and has introduced the Mediators, to decentralize payments dispute resolution. COTwill be able to process 10,000 transactions per second, has signed an exclusive partnership with Processing.com to get access to over 10,000 merchants and applied for a DLT license in Gibraltar. team includes veterans of the payments industry and Blockchain experts. team of advisors consists of the founders of Processing.com, former CEO of Investec bank, CIO of Blackrock and esteem group of professionals
Crypto Badges
COTI is promoting transparency in the crypto space and was awarded the Competition-verified Badge by Crypto-Potential[1]:
Review
| “ | May – July 2018 : ICO. Aug 2018 : Alpha net launch (basic scale). Sep 2018 : Exchange and wallet Launch Beta. Oct 2018 : Mediators and merchants onboarding. Nov 2018 : Exchange and wallet – Full Launch. Dec 2018 : Test Net Launch (large scale). Jan 2019 : Integrated Decentralized KYC/AML Solution. Feb 2019 : Integrated Decentralized KYC/AML Solution. Mar 2019 : Debit card Launch. May 2019 : Scale up Tests. Jul 2019 : Main net Launch (full scale).[2] | ” |
Team
| name: | title: | links: | group: | photo: | iss: |
|---|---|---|---|---|---|
| Shahaf Bar-Geffen | CEO | https://www.linkedin.com/in/shahafbg |  | 6.28 | |
| Erol Hallufgil | Research & Software Engineering | https://www.linkedin.com/in/eli-erol-hallufgil-970847104/ |  | 3.9 | |
| Tal Dadia | Research Engineering | https://www.linkedin.com/in/tal-dadia-aab71b107/ |  | 3.9 | |
| Yoni Neeman | Software Engineering | https://linkedin.com/in/yoni-neeman-64672247 |  | 3.9 | |
| Stav Perle | Cryptographer | https://www.linkedin.com/in/stavperle/ |  | 3.9 | |
| Anton Suslonov | Data Science | https://www.linkedin.com/in/anton-suslonov-558587103/ |  | 3.9 | |
| Eyal Wagner | Legal and Compliance | https://www.linkedin.com/in/eyalwagner/ |  | 3.9 | |
| Yair Lavi | Operations | https://www.linkedin.com/in/yairlavi |  | 3.9 | |
| David Assaraf | (Co-Founder) Business Development | https://www.linkedin.com/in/david-assaraf-54656a150 |  | 3.9 | |
| Gilad Hirsch | Finance | https://www.linkedin.com/in/gilad-hirsch-645a0b26 |  | 3.9 | |
| Neta Salomon | HR | https://www.linkedin.com/in/neta-salomon-5620a228/ |  | 3.9 | |
| Samuel Falkon | (Co-Founder) Community | https://www.linkedin.com/in/samuel-falkon-467a878b |  | 3.9 | |
| Andy Chin | Software Engineering |  | 3.9 | ||
| Tamar Drachli | Social | https://www.linkedin.com/in/tamar-drachli-59108216/ |  | 3.9 | |
| Jared Ungar | Business Development | https://za.linkedin.com/in/jared-ungar-a1865b103 |  | 3.9 | |
| Carlos M. Martins | Gibraltar Business Director | https://www.linkedin.com/in/carlos-m-martins-11917b6 |  | 3.9 | |
| Dr. Matt McBrady | Former CIO & MD BlackRock | Advisors |  | 3.9 | |
| Steven Heilbron | Former CEO Investec | Advisors |  | 3.9 | |
| Avi Chesed | (Co-Founder) CEO | Advisors |  | 3.9 | |
| Jon Avganim | (Co-Founder) President Processing.com | Advisors |  | 3.9 | |
| Sebastian Stupurac | Blockchain Funding Expert | Advisors |  | 27.36 | |
| Stas Oskin | Blockchain Expert | Advisors |  | 34.76 | |
| Theofanis Alexoudas | Risk Management Advisor | Advisors |  | 3.9 | |
| Dr. Zvi Gabbay | Partner Barnea & Co | Advisors |  | 3.9 | |
| Prof. Martin Fochmann | Professor University of Cologne | Advisors |  | 3.9 | |
| Sean Melnick | Chairman Peregrine Group | Advisors |  | 3.9 | |
| Dr. Stephan Wessel | CEO Arcana Capital | Advisors |  | 3.9 | |
| Dr. Stefan Hlawatsh | CEO Skybridge Investment | Advisors |  | 3.9 | |
| Thomas Graham | Managing Partner – TLDR, Co-founder – Codec, MapD, Media Protocol, DFC | https://www.linkedin.com/in/tomgtgraham/ | Advisors |  | 21.26 |
External links
COTI on twitter
COTI on slack
COTI on telegram
COTI on facebook
COTI on medium
COTI on bitcointalk
COTI on github
COTI on reddit
COTI on youtube
COTI official website
COTI whitepaper
Sources
- ↑ “COTI’s profile on Crypto-Potential”, Switzerland, 18 April 2019. Retrieved on 22 June 2019.
- ↑ https://coti.io/