Coti

Coti
WhitepaperView ICO whitepaper
Restrictions KYC:yes
Whitelist:yes
Restricted countries:USA, Columbia, Israel, Bosnia Herzegovina, Syria, Iran, Ethiopia, Uganda, North Korea, China
Rate:86% ICO website

Fin tech company that is building a base protocol to solve the payments challenges of today

Features

Coti is a financial technology venture that created a new protocol called the Trustchain. It is aimed at addressing the current challenges existing cryptos are facing, driving down the speed of their adoption over the world. The protocol features wallets for the consumers, processing tools for merchants and a currency exchange.

Today’s payments industry is currently worth around $2 trillion. Still, there are two great powers that made it monopolised for the last 40 years – these are Visa and Mastercard. Currently, all the transactions have to go through up to 8 middlemen. Each one is collecting a fee each time, each one is also a potential reason of failure.

COTI wants to resolvethese issue thanks to combining whats best in traditional payments processing with the strongest points of fiat. The users of COTI will be able to enjoy extremely low or even zero fees, both the buyer and the seller will have full protection, and the network will provide a trustworthy scoring engine along with a decentralised system of mediation.

Official video

Whitelist Yes
Token Sale Hard Cap $ 30,000,000
Token Sale Soft Cap TBD
Token Symbol COTI
Token Type ERC-20 Ethereum
Token Distribution 42% Token sale – Privare, Pre, Public 10% Founders, Team, Early Backers, Advisors 6% Partners’ network 7% Validators’ incentives 11%Token liquidity for market-making 9%Opening balance for the Reserve Credit Fund (RCF) 12.5% Incentive program for Merchants and Users 2.5% Comuunity grants and partnerships
Initial Token Price 1 token = 0.1 USD
KYC Yes
Participation Restrictions USA, Columbia, Israel, Bosnia Herzegovina, Syria, Iran, Ethiopia, Uganda, North Korea, China

Core Team

Shahaf Bar-Geffen
CEO
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Tal Dadia
Research & Software Engineering
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Erol Hallufgil
Research & Software Engineering
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Yoni Neeman
Software Engineering
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Anton Suslonov
Data Science
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Eyal Wagner
Legal and Compliance
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Yair Lavi
Finance/Operation
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David Assaraf
Business Development (Co-Founder)
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Neta Salomon
HR
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Samuel Falkon
VP Community (Co-Founder)
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Dr. Nir Haloani
CTO
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Erol Hallufgil
Research & Software Engineering
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Tal Dadia
Research Engineering
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Yoni Neeman
Software Engineering
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Efrat Bar-Lev
VP Marketing
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Yaniv Dadon
Software Development
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Anton Suslonov
Data Science
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Jon Elias
Social & Operations
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Advisory Team

Dr. Matt McBrady
Steven Heilbron
Avi Chesed
Jon Avganim
Sebastian Stupurac
Stas Oskin
Theofanis Alexoudas
Dr. Zvi Gabbay
Prof. Martin Fochmann
Sean Melnick
Dr. Stephan Wessel
Dr. Stefan Hlawatsh
Greg Kidd – Former CRO, Ripple Labs – Adviser
Steven Heilbron – Former CEO Investec Bank UK – Adviser
Avi Chesed
Dr. Matt McBrady – Former CIO & MD BlackRock Adviser

User Rating 4 (1 vote)
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