COTI

COTI

Created using Figma
Created using Figma
COTI: A Distributed Trust and Mediation System for Online Payments. The base problem for online trade is how to make a relationship of trust between disparate transacting parties. Localized communal enforcement of confidence is insufficient in global e-commerce to account for the risks concerned between parties who have never met and may never interact again. Given these challenges, often no commerce happens, or costly outcomes for one or both parties results. The information opening in assessing deal risk implies an online reputation organization is needed to establish trust. A fixed share of the transaction, reduce than the standard acquirer assessment domestic fee [6], is charged per transaction to supply the foundational network administration. Supplying credit requires an appropriate understanding of each user’s creditworthiness, which is already a key feature of the COTI network - the trust score. The COTI network leverages these known trust scores to supply credit for instant payments for sellers, and to backstop any losses with a network-maintained RCF.
Token Sale
Sep 15, 2018
Oct 15, 2018
100% completed
$15 000 000
cap
goal
50% goal completed
Goal 30 000 000 USD
Cap 30 000 000 USD
past
Public Pre-Sale
Apr 1, 2018
May 1, 2018
100% completed
$3 000 000
5% hard cap completed
Hard cap 60 000 000 USD
past
Private Sale
Mar 1, 2018
Apr 1, 2018
100% completed
$3 000 000
5% hard cap completed
Hard cap 60 000 000 USD
past
Token Details
Ticker
COTI
Total supply
2000000000
Token Distribution
30% - Token sale
45% - Incentives and liquidity
15% - Team
10% - Advisors
Accepted Currencies
ETH, BTC, FIAT
Min Contribution
50
ETH
Company Details
Registered Country
Gibraltar
Additional Details
MVP/Prototype
Yes
Whitelist
Yes , from May 21, 2018 till May 24, 2018
KYC
Yes
Restricted Countries
China, Cuba, Iran, Israel, Bosnia and Herzegovina, Afghanistan, Congo
Categories
Cryptocurrency, Retail, Business services, Internet, Big Data, Artificial Intelligence

About COTI

Developed by payments industry veterans, COTI combines the best of traditional payments systems with the best of blockchain technologies to offer the fastest, easiest, most cost-effective and most trusted way to pay. COTI will be holding a token sale for its native currency, for more details refer to the Overview Document and Technical Whitepaper.

Features

COTI is a payments transaction network that was built from the ground-up to solve the payments challenges of today. By introducing a layer of trust to all buyer and seller interactions, COTI eliminates friction from the payments experience.

COTI Roadmap

  • Q1 2018

  • Wallet.
    Processing tools (API). Exchange.
  • Q2 2018

  • Trust scoring prototype.
    Listing XCT on 3rd-party exchanges. Processing tools (iFrame).
  • Q3 2018

  • Trust scoring launch.
    Dynamic fees prototype. Automated market-maker launch.
  • Q4 2018

  • Dynamic fees launch.
    Decentralized mediation prototype. Virtual debit card launch.
    Ledger broadcasting launch.
  • Read More
  • 2019

  • Decentralized mediation launch.
    Hedging service launch.
    Recurring billing launch.
    Trust Scoring SDK launch.
    Mediation SDK launch.
    COTI Fund.
    Wallet integration with POS (via NFC).
  • 2020

  • Expansion of merchant services.
    Migration to drivechain (or similar).
    Migration to decentralized governance model.

Activity

Activity:
75
LOW
Posts:
166
LOW
Views:
7 206
HIGH
Activity:
75
LOW
Merit:
10
LOW
Posts:
166
LOW
Views:
7 206
HIGH
Users:
101
MEDIUM
Posts:
924
VERY HIGH
Followers:
24 575
VERY HIGH
Likes:
24 043
VERY HIGH
Followers:
15 326
VERY HIGH
Tweets:
710
VERY HIGH
30 Days Growth:
-105
Members:
24 530
VERY HIGH
30 Days Growth:
-1487
Alexa

Rank:
657 547
LOW
Delta:
285 007

Materials

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Andy Chin
Software Engineering
unverified
Research & Software Engineering
unverified
Research Engineering
unverified
Software Engineering
unverified
Legal and Compliance
unverified
Business Development
unverified
Business Development
unverified
Gibraltar Business Director
unverified

Last News

3.87
stable
5.0 0
ICO Profile Vision Activity Potential Product Team

COTI Reviews

Jeremy Khoo
Group CEO | Blockchain Entrepreneur | VeChain ICO Partner | Fund Partner | Exchange Founder |

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.

Read More
Ian Balina

It didn't fit my liked

Read More
Sergio
52%
Read More
CrushCrypto
B/C

Our thoughts on buying the tokens for flipping and investing for the long term are as follows:
For flipping: B
There 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: C
There 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.

Read More
thetechinsider.org
reviews

Summary

For 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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