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COTI
COTI | |
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COTI logo COTI ICO Review | |
COTI ICO | |
Ticker: | COTI |
ICO start: | 2018-08-15 00:00:00 |
ICO end: | 2018-09-01 00:00:00 |
Price: | 1 COTI = 0.1 USD |
Tokens: | 0 |
Tokentype: | ERC20 |
Hardcap: | 30 000 000 USD |
Raised: | 0 |
Platform: | Trustchain |
Distributed: | 42% |
Accepting: | ETH, BTC |
COTI is a FinTech company that has developed a base protocol, known as the Trustchain™, which aims to address technical challenges plaguing other existing cryptocurrencies and limiting their mass adoption as means of payment. It includes consumer wallets, merchant processing tools and a digital currency exchange facility.
The consumer-merchants payments industry is estimated to be a two trillion USD market however, it has been monopolised by Visa and MasterCard for the past 40 years. Nowadays, each transaction goes through 6-8 middlemen, each collecting a fee and potentially being a point of failure.
COTI aims to address such shortcomings by combining the best of traditional payment methods with the best of traditional currencies. COTI network users can expect low-to-zero fees, full buyer-seller protections, a robust Trust Scoring Engine and decentralised Mediation System.
COTI's team includes top management and R&D talent, veterans of the financial industry and blockchain experts. Our team includes Steven Heilbron (former CEO of Investec Bank UK), Dr. Matthew McBrady (former CIO of Blackrock), the founders of Processing.com and early investors in Twitter, Square, Coinbase, Ripple.
Contents
Description
COTis building a base protocol that is built for payments from the ground up.
Merchants using us will enjoy a better bottom line since they'll be able to process more transactions and to pay less fees. Consumers using COTwill have a great user experience, mixing the best of traditional payments with the best of digital currencies. COTinnovated using DAG for payments, built a generative Trust Chains algorithm that is used to achieve consensus and has introduced the Mediators, to decentralize payments dispute resolution. COTwill be able to process 10,000 transactions per second, has signed an exclusive partnership with Processing.com to get access to over 10,000 merchants and applied for a DLT license in Gibraltar. team includes veterans of the payments industry and Blockchain experts. team of advisors consists of the founders of Processing.com, former CEO of Investec bank, CIO of Blackrock and esteem group of professionals
Review
“ | May - July 2018 : ICO. Aug 2018 : Alpha net launch (basic scale). Sep 2018 : Exchange and wallet Launch Beta. Oct 2018 : Mediators and merchants onboarding. Nov 2018 : Exchange and wallet - Full Launch. Dec 2018 : Test Net Launch (large scale). Jan 2019 : Integrated Decentralized KYC/AML Solution. Feb 2019 : Integrated Decentralized KYC/AML Solution. Mar 2019 : Debit card Launch. May 2019 : Scale up Tests. Jul 2019 : Main net Launch (full scale).[1] | ” |
Team
name: | title: | links: | group: | photo: | iss: |
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Shahaf Bar-Geffen | CEO | https://www.linkedin.com/in/shahafbg | Shahaf Bar-Geffen photo | 6.28 | |
Erol Hallufgil | Research & Software Engineering | https://www.linkedin.com/in/eli-erol-hallufgil-970847104/ | Erol Hallufgil photo | 3.9 | |
Tal Dadia | Research Engineering | https://www.linkedin.com/in/tal-dadia-aab71b107/ | Tal Dadia photo | 3.9 | |
Yoni Neeman | Software Engineering | https://linkedin.com/in/yoni-neeman-64672247 | Yoni Neeman photo | 3.9 | |
Stav Perle | Cryptographer | https://www.linkedin.com/in/stavperle/ | Stav Perle photo | 3.9 | |
Anton Suslonov | Data Science | https://www.linkedin.com/in/anton-suslonov-558587103/ | Anton Suslonov photo | 3.9 | |
Eyal Wagner | Legal and Compliance | https://www.linkedin.com/in/eyalwagner/ | Eyal Wagner photo | 3.9 | |
Yair Lavi | Operations | https://www.linkedin.com/in/yairlavi | Yair Lavi photo | 3.9 | |
David Assaraf | (Co-Founder) Business Development | https://www.linkedin.com/in/david-assaraf-54656a150 | David Assaraf photo | 3.9 | |
Gilad Hirsch | Finance | https://www.linkedin.com/in/gilad-hirsch-645a0b26 | Gilad Hirsch photo | 3.9 | |
Neta Salomon | HR | https://www.linkedin.com/in/neta-salomon-5620a228/ | Neta Salomon photo | 3.9 | |
Samuel Falkon | (Co-Founder) Community | https://www.linkedin.com/in/samuel-falkon-467a878b | Samuel Falkon photo | 3.9 | |
Andy Chin | Software Engineering | Andy Chin photo | 3.9 | ||
Tamar Drachli | Social | https://www.linkedin.com/in/tamar-drachli-59108216/ | Tamar Drachli photo | 3.9 | |
Jared Ungar | Business Development | https://za.linkedin.com/in/jared-ungar-a1865b103 | Jared Ungar photo | 3.9 | |
Carlos M. Martins | Gibraltar Business Director | https://www.linkedin.com/in/carlos-m-martins-11917b6 | Carlos M. Martins photo | 3.9 | |
Dr. Matt McBrady | Former CIO & MD BlackRock | Advisors | Dr. Matt McBrady photo | 3.9 | |
Steven Heilbron | Former CEO Investec | Advisors | Steven Heilbron photo | 3.9 | |
Avi Chesed | (Co-Founder) CEO | Advisors | Avi Chesed photo | 3.9 | |
Jon Avganim | (Co-Founder) President Processing.com | Advisors | Jon Avganim photo | 3.9 | |
Sebastian Stupurac | Blockchain Funding Expert | Advisors | Sebastian Stupurac photo | 27.36 | |
Stas Oskin | Blockchain Expert | Advisors | Stas Oskin photo | 34.76 | |
Theofanis Alexoudas | Risk Management Advisor | Advisors | Theofanis Alexoudas photo | 3.9 | |
Dr. Zvi Gabbay | Partner Barnea & Co | Advisors | Dr. Zvi Gabbay photo | 3.9 | |
Prof. Martin Fochmann | Professor University of Cologne | Advisors | Prof. Martin Fochmann photo | 3.9 | |
Sean Melnick | Chairman Peregrine Group | Advisors | Sean Melnick photo | 3.9 | |
Dr. Stephan Wessel | CEO Arcana Capital | Advisors | Dr. Stephan Wessel photo | 3.9 | |
Dr. Stefan Hlawatsh | CEO Skybridge Investment | Advisors | Dr. Stefan Hlawatsh photo | 3.9 | |
Thomas Graham | Managing Partner - TLDR, Co-founder - Codec, MapD, Media Protocol, DFC | https://www.linkedin.com/in/tomgtgraham/ | Advisors | Thomas Graham photo | 21.26 |
External links
COTI on twitter
COTI on slack
COTI on telegram
COTI on facebook
COTI on medium
COTI on bitcointalk
COTI on github
COTI on reddit
COTI on youtube
COTI official website
COTI whitepaper