название

COTI

Start Apr 30, 2018
End May 28, 2018


COTI

Existing payments networks are not suited to deal with new forms of commerce that have been emerging over the past few years, such as peer-to-peer transactions, online marketplaces, and cross-border eCommerce. While digital currencies like Bitcoin promise lower transaction fees and higher approval rates, they face scaling challenges and low rates of adoption. Moreover, they are not equipped to deal with the safeguards that consumers and merchants have grown accustomed to. COTI is built from the ground-up to address payments use cases. It takes a sophisticated behavioral approach to address the absolute necessity of having a provision for mediation, adding a trust layer that incentives honest, trustworthy conduct on the part of network participants.


Tokens generation cap

2,000,000,000 COTI


Token distribution

42% ICO
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% Community grants and partnerships


Tokens exchange

1 COTI = 0.1 USD


Expect to raise

$60,000,000


Differences from competitors

"Existing payments networks are not suited to deal with new forms of commerce that have been emerging over the past few years, such as peer-to-peer transactions, online marketplaces, and cross-border eCommerce. While digital currencies like Bitcoin promise lower transaction fees and higher approval rates, they face scaling challenges and low rates of adoption. Moreover, they are not equipped to deal with the safeguards that consumers and merchants have grown accustomed to. COTI is built from the ground-up to address payments use cases. It takes a sophisticated behavioral approach to address the absolute necessity of having a provision for mediation, adding a trust layer that incentives honest, trustworthy conduct on the part of network participants."

Comment on