COTI ICO Review

COTI

A digital currency built for payments

COTI Score



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.

LINKS

WEBSITE WHITEPAPERS

SOCIAL MEDIA

REVIEW VIDEO

TOKEN SALES

METRICS

Green lights

– Disrupts a 2 Trillion USD industry. – Team members from IBM and Advisors from Coinbase, Ripple etc. – Signed up over 2,000 global merchants. – Over 50,000 users to its crypto payments service. – Partner with Bancor, Bitfinex, Wings, Coinlist, GlobalID, Transact Europe |Bank and Processing.com – Consensus algorithm (Trustchain) is based on DAG. – Team Vesting – 24 months Locked up for the first 6 months, then released proportionally every quarter.

red flags

– High Hard-Cap at $30 million. – Only 30% of tokens available to ICO. – 22% of tokens for Reserve, not known if it would be used for a 2nd round of fund raising or not. – COTI token price unknown. – Very long roadmap- Phase 5 Milestones not complete until 2021. – Consumer Wallet not live until Q2 2019 (After ICO)

COTI
DETAILED ANALYSIS

ICOs Found

ADVISOR SCORE

Unknown

Very High – Greg Kidd Former CRO, Ripple Labs. Co-founder of Hard Yaka and an early investor in numerous startups in the exchange space including Ripple, where he served as CRO, Shift, Coinbase and 3taps, and previously Square and Twitter. Others Advisors former Blackrock, HSBC.

TEAM SCORE

Unknown

High – Team members former IBM, WEB3, Blockchain Academic Researchers.Very experienced in their fields.

HYPE SCORE

Unknown

High – Strong backing from the community with over 30k on Telegram and 12k on Twitter. Could have done with more backing from influencers.

TOKEN SCORE

Unknown

Medium-High – High hard-cap of $30 million, only 30% of tokens available to ICO.

CONCLUSION

COTI is a very good ICO which is looking to the future of currency and how we use it digitally. A payment transaction network supported by a native digital currency that can process tens-of-thousands of transactions per second. With zero fees for buyers, low-to-zero fees for sellers, and full buyer protection, COTI combines the best of traditional payment methods with the best of digital currencies. Current payment networks aren’t suited to deal with new forms of commerce that have emerged over the past few years. While digital currencies like Bitcoin promise lower transaction fees and higher approval rates, they face scaling challenges & low rates of adoption in the context of payments. Plus, they aren’t equipped to provide the safeguards (e.g. dispute resolution & fraud protection) that consumers and merchants have grown accustomed to. COTI is building a transparent & secure system that defers governance as much as possible and aims to overcome these issues. ICO starts 15th June 2018

9.3

ADVISOR

8.4

TEAM

7.3

HYPE

7.3

TOKEN

payment

CATEGORY

All information including our "Grading system" rating, is provided merely for informational purposes. ICO DOG does not provide investment advice (read more).

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