Coti ICO (Coti)
Digital money designed for payments
Trust Scores represent a key feature of COTI's network and are utilized for effective processing of transactions and risk mitigation. Trust Scores are formulated via the Trust Score Servers or the KYC/AML Database Servers.
COTI will also boast inexpensive and well designed multisig and escrow accounts. COTI's platform Mediation Service will be designed for efficient and swift dispute settlement via an arbitration procedure.
COTI will also offer users access to debit cards which are directly associated with the COTI wallets. These debit cards will enable users to execute payments from their COTI wallets even when purchasing products and services from merchants that have not partnered with COTI.
Coti Use of Token
COTI is a PoW coin based on the DAG technology. However, the project has created Ethereum based ERC20 tokens for the ICO. When the mainnet is launched, the ERC20 tokens will be swiped for the COTI coins on COTI's public ledger. There is a total of 2 billion COTI ERC20 tokens. 30% of the tokens will be offered for sale during the public ICO sale. 22% of the tokens will be reserved to aid in the development of COTI's ecosystem. 15% of the tokens will be awarded to the project's team. 10% of all COTI tokens will be set aside for the project's advisors, partners, and backers. 13% of the tokens will be allocated to an incentive program for validators, partners, and users. 10% will be used to promote liquidity of COTI's platform.
Organization
COTI Group
Platform
Ethereum
Coin type
Currency
Category
Fintech
Soft cap
10,000,000
Max cap
60,000,000
Max supply
4,000,000,000 COTI
Price
0.1
Coti Token Sale Stages
- Stage
- Start date
- End date
- Amount of Tokens
- Price
- Discount
Coti Distribution
Coti Use of Proceeds
Coti Advisors
Coti Past Events
- 31 December, 2019
Consumer wallet prototype, Full Node prototype, DSP Nodes prototype, History Node prototype, Trust Score Server prototype, Testnet launch
- 30 June, 2019
Consumer wallet launch, Launch of the Full Nodes, History Nodes and DSP Nodes, Trust Score Server launch, Decentralised mediation prototype, Mainnet launch
- 31 December, 2019
KYC/AML Server launch, Decentralised mediation launch, Payment processing tools (API), Payment processing tools (iFrame), Exchange
- 31 December, 2019
Debit card launch, Hedging service launch, Recurring billing.
- 31 December, 2019
Expansion of merchant services, COTI Fund, Mediation SDK launch