COTI COTI
Report IssueSentiment Neutral
Fundraising Statistics
$0.08 +4.12%
$0.065

Short Review COTI
Crypto project COTI (COTI) is classified as a Protocol. COTI is a Utility token that is hosted on the Ethereum Network. The current total supply is 2.00 B COTI (Circulating Supply + Tokens yet to be released - Burned Tokens). (2.31% of total tokens) have been allocated for the public sale.
COTI ICO Overview
Estimated date for the public token sale: 4 June 2019. COTI (COTI) price during the token sale: 0.065 USD.
COTI Price Chart
The launch of COTI token trading took place on 4 June 2019.
Fundraising Rounds
Total sold 246.35 M COTI tokens (12.32% of total tokens). Total amount of funds raised by the COTI project is $19.02 M.
Investment Round | Date | Price | Funds Raised |
Spotlight | June 4, 2019 | $0.065 | $3.00 M |
Private Round | June 4, 2018 | $0.08 | $16.02 M |
COTI Investors
Coti Cryptocurrency (COTI)
COTI (stands for “Currency of the Internet”) aims to create a scalable, decentralized payment network for global commerce. In its system, COTI combined a trust mechanism, a multi-currency wallet, a crypto exchange and a decentralized intermediation system. The COTI token serves as a medium of exchange. The use of tokens in the COTI network is beneficial due to low fees and high transaction speeds.
The COTI Cross Chain Bridge is an important milestone for the entire blockchain space. This marks an important big step towards realizing the vision of a fully interconnected Internet of Value. COTI's Cross Chain Bridge provides seamless integration with virtually any existing blockchain, with additional support for proprietary ledger features such as scalability, staking, governance, and more. In this way, COTI Cross Chain Bridge connects its own network with other networks.
Additionally, the COTI blockchain, called Cluster, is based on so-called directed acyclic graphs (DAGs). The high throughput of DAG-based networks is based on simultaneous asynchronous transaction verification. Simply put, this means that each confirmed transaction must include confirmations of two previous transactions, and this relationship is not always linear.
History of the COTI project
COTI was founded in early 2017. The COTI protocol combines layers of infrastructure, services and applications to create an end-to-end payment solution that is modular and fully customizable.
Specialists from various fields are working on the project. There are specialists with experience in mathematics and information technology, economics and finance, including those who have worked for giants such as IBM, HSBC and Credit Suisse. The project has 17 official consultants who represent investment banks and venture funds. The most notable figure on this list is Greg Kidd, who has backed many successful projects including Ripple Labs, Coinbase, Square and Twitter.
Coti Advantages
- Scalability. COTI can process more than 100,000 transactions per second.
- Simplicity< /b>. COTI tools are flawless and extremely easy to use.
- Buyer-Seller Protection. COTI provides the world's first dispute resolution system that protects users from errors, fraud and contractor abuse.
- Cost Efficient. COTI eliminates the middleman and the need for expensive mining.
Disadvantages of Coti
- A new project that still needs to prove its worth.