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COTI 4.5/5 (1) - 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 starts in:

4.5
Hype5.0
Security4.0
Team4.0
Vision5.0
  • 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
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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

Samuel Falkon

Community

Andy Chin

Software Engineering

Jared Ungar

Business Development

Carlos M. Martins

Gibraltar Business Director

Milestones

  • May-July 2018
    ICO
  • August 2018
    Alpha net launch
  • September 2018
    Exchange and wallet Launch - Beta
  • October 2018
    Mediators and merchants onboarding
  • November 2018
    Exchange and Wallet - Full launch
  • December 2018
    Test net Launch (large scale)
  • January 2019
    Integrated 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
4/5

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&regAuthor=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

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