CryptoPotato score
Coti
KuCoin Spotlight
KuCoin Spotlight
Coti Review and Rating
Pros
- Comprehensive Decentralized Payment Solution: COTI was developed exclusively to satisfy daily consumer payments use case, and it indeed, provides a thorough solution that addresses properly the market need and solves concurrently the major concerns of consumers and merchants. Aside from the “regular” benefits in terms of scalability, decentralization, security and low fees, COTI also provides an additional trust layer, hedging services (to address the volatility), and an integration with a native wallet and native currency exchange that provides a convenient easy-to-use solution.
- Project potential: The project’s targeted market is the online payment industry. A huge and growing market. We believe that the advantages of the future COTI payment network are beneficial enough for it to successfully penetrate as a legitimate payment service provider and therefore, to capture a sizeable market share. COTI addresses a tangible market needs that neither of the current payment systems has addressed, and thus, despite the intense competition, the project potential seems high.
Cons
- Early stage: COTI is still in its early stages. Though an Alpha Net will be launched soon after the Tokens Sale, for the network to achieve full scalability and usability, a wide adoption of merchants, market makers (for the hedging services), and mediators should be achieved. Such adoption will not occur before the COTI’s Main Net launch, during Q2 2019 (more than a year from the time of writing).
IEO Ended
04 Jun 2019
$3,001,028 / $30,000,000
Token: COTI
Token type: ERC-20
ICO price: 1 COTI = $0.065 USD
Finite token number: 4,000,000,000 COTI
Token Allocation: 42% token sale, 12.5% Incentive programs for Merchants and Users, 11% Token liquidity for market-making, 10% Founders, Team, early Backers, Advisors 9% Opening balance for the Reserve Credit Fund (RCF), 7% Validators' incentives, 6% Partners' network, 2.5% Community grants and partnerships
Availability: Restricted countries: People’s Republic of China, Afghanistan, Bosnia and Herzegovina, Central African Republic, Cuba, Democratic Republic of Congo, Democratic People’s Republic of Korea, Eritrea, Ethiopia, Guinea-Bissau, Iran, Iraq, Israel, Libya, Lebanon, Somalia, South Sudan, Sudan, Syria, Uganda, Vanuatu, Yemen. Citizens and residents of United States of America can participate only if they qualify as Accredited Investors.
Status: Working Prototype
Accepted Currencies: KCS
IEO on KuCoin The COTI will be distributed immediately after the successful deduction of KCS.
Cap: 46,152,000 COTI ($3,000,000 USD)
Price: 1 COTI = $0.065 USD
Public ICO
Cap: 60,000,000 USD
Bonus: Tranche 1: $0.087 = 1 COTI, Tranche 2: $0.091 = 1 COTI, Tranche 3: $0.096 = 1 COTI, Tranche 4: $0.100 = 1 COTI
Presale
Cap: Undisclosed
no vesting: $0.083 = 1 COTI, 6 months vesting: $0.079 = 1 COTI, 12 months vesting: $0.075 = 1 COTI, 24 months vesting: $0.066 = 1 COTI
Private Sale
10.01% of Total Token Supply: 200,000,000 COTI ($16,000,000 USD)
Price: 1 COTI = $0.08 USD
6 months vesting: 5% additional bonus, 12 months vesting: 10% additional bonus, 24 months vesting: 20% additional bonus, $50K: No additional bonus, $100K - $200K: additional 5%, $200K - $400K: additional 10%, $400K - $1M:additional 15% discount, $1M - $5M: additional 20% discount, $5M > TBD
Team Members
Advisors
Investors
Partners
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