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COTI - Fintech company that is building a base protocol to solve the payments...
In the decentralized economy of the future, there is a need for a decentralized payment platform - meet COTI COTI is building a platform that creates payment networks over DAG. It powers up merchants, payment service providers, developers and financial organizations with a full solution that can help them replace cash, credit cards, and banks. COTI's 30 people team is built from highly experienced individuals from IBM (Former head of research), Ripple (former CRO), Blackrock (Former CIO), Investec Bank (Former CEO), and Israeli elite army intelligence units. COTI is a FinTech company that has developed a base protocol, known as the Trustchain™, which aims to address...

Token sale ended
- Token: COTI
- Price: 1 USD = 10 COTI
- PreICO start: 4 Jun 2018
- PreICO end: 5 Jun 2018
- ICO start: 1 Feb 2019
- ICO end: 15 Feb 2019
- Country: Gibraltar
In the decentralized economy of the future, there is a need for a decentralized payment platform – meet COTI
COTI is building a platform that creates payment networks over DAG. It powers up merchants, payment service providers, developers and financial organizations with a full solution that can help them replace cash, credit cards, and banks.
COTI’s 30 people team is built from highly experienced individuals from IBM (Former head of research), Ripple (former CRO), Blackrock (Former CIO), Investec Bank (Former CEO), and Israeli elite army intelligence units.
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.
Team
Erol Hallufgil
Research & Software Engineering
Tal Dadia
Research Engineering
Yoni Neeman
Software Engineering
Anton Suslonov
Data Science
Eyal Wagner
Legal and Compliance
Yair Lavi
Operations
David Assaraf
Co-Founder, Business Development
Gilad Hirsch
Finance
Samuel Falkon
Community
Andy Chin
Software Engineering
Tamar Drachli
Social
Carlos M. Martins
Gibraltar Business Director
Advisors
Dr. Matt McBrady
Advisor
Steven Heilbron
Advisor
Avi Chesed
Co-Founder, CEO Processing.com
Sebastian Stupurac
Project & Product at WINGS DAO, Advisor
Stas Oskin
Advisor
Jon Avganim
Co-Founder, Advisor
Theofanis Alexoudas
Risk Management Advisor
Dr. Zvi Gabbay
Partner Barnea & Co
Prof. Martin Fochmann
Professor University of Cologne
Sean Melnick
Chairman Peregrine Group
Dr. Stephan Wessel
CEO Arcana Capital
Dr. Stefan Hlawatsh
CEO Skybridge Investment
Milestones
- May-July 2018ICO
- August 2018Alpha net launch
- September 2018Exchange and wallet Launch - Beta
- October 2018Mediators and merchants onboarding
- November 2018Exchange and Wallet - Full launch
- December 2018Test net Launch (large scale)
- January 2019Integrated Decentralized KYC/AML Solution
Token
- Platform: Own ledger
- Price: 1 USD = 10 COTI
- Accepting: BCT, ETH, fiat
- Token distribution: 45% - Incentives/ Liquidity/Reserve 30% - Token sale 15% - Team 10% - Advisors
- Hard cap: 30,000,000 USD
Proof Points
Legal entity
Official Name: Coti Limited
Legal Address: 57/63 Line Wall road Gibraltar Gibraltar, GX11 1AA
Registration number: 116200
https://portal.kyckr.com/AvailableProducts.aspx?code=116200®Author=GICO
Prehistory of project
No prehistory of project.
Product or its MVP
Whitepaper contains screenshots of mobile application for customers
Wallet example:
Debit card example:
Also ICO provide technical document about its cryptocurrency.
https://coti.io/files/COTI-technical-whitepaper.pdf
The project is in alpha stages, being tested by the team. POC(Proof Of March) by the end of March.
No other product or its MVP.
Blockchain experience
Advisor Sebastian Stupurac has experience as Project & Product developer in https://www.wings.ai/
He also is advisor for many ICO’s:
https://www.iolite.io/
https://ins.world/
https://www.adex.network/
http://ico.kickcity.io/
Advisor Stas Oskin has experience as Project & Product developer in https://www.wings.ai/
Escrow
No ecrow information were found
Comments
Update 15.04.2018