The COTI protocol is based on a DAG (Directed Acyclic Graph), which allows scalability and instant settlement while remaining secure. It has a multi-address privacy module, and it employs a one-of-a-kind consensus algorithm known as Proof-of-Trust (PoT) that aims to encourage good network behavior, resulting in lower fees and better service quality. COTI is also eco-friendly, since its transactions do not require mining. The COTI MultiDAG is the first-ever DAG structure that allows token issuance on top of DAG technology.
COTI is regulation-ready, which is a base requirement for enterprises when entering web3. COTI has performed KYC/AML checks to all holders of COTI’s Native coin in the COTI VIPER Wallet since inception and works in a prudent manner, making it ready for the challenges of tomorrow.
COTI is an all-in-one company - protocol and commercial development are both in-house. COTI offers a turn-key solution for enterprises which can be white labeled with products such as: custom branded tokens, wallets, website integration, fiat on and off ramps, processing gateways, Debit cards and bank accounts.
Attention. There is a risk that unverified members are not actually members of the team
$15 000 000
This is a commercial project that needs strong execution to realise. The team is strong. Market will be tough. Interesting choice of blockchain. Will follow to see measured progress.
It didn't fit my liked
Our thoughts on buying the tokens for flipping and investing for the long term are as follows:For flipping: BThere were various pools with different bonuses/lock up terms offering COTI. The private sale had been ongoing for a few months. Therefore, we don’t think there would be much unmet demand following listing of the tokens.For long-term holding: CThere are a lot of DAG projects out there recently. COTI doesn’t seem have much differentiation in our opinion.We believe the derivative hedging service is bad user experience for merchants. The vast majority of them are not familiar with this complicated financial concept, so it is going to be very difficult to educate them and get them to actually use the hedging feature.
SummaryFor people who are interested in a new way to conduct transactions, COTI is the right ICO for that. In conclusion, its development process is uncertain, but if their team follows the roadmap, it might be of great value.Positives Mediation System: If there is a transaction dispute, COTI’s mediation system will assist by adding backup to the platform’s trust engine. Team: COTI’s team is based in Canada, and they are all passionate about finishing the project from start to finish. Payment Security: Through the use of smart contracts and its reputation system, COTI helps users conduct trades without having a fear of any negative issues occurring. Negatives Lack of Token Sale Information: While this is a good project, we hope that COTI would release their token sale information. This would help users who are interested in their project and increase their credibility. Competition: COTI’s development would place it in direct competition with other
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