ICO COTI REVIEW - cryptocurrency (exchange crypt for Fiat and back)
The project wants to create a platform where you can exchange cryptocurrency between each other and conventional (Fiat) money.
The aim of the project:
To create a payment mechanism to allow payments in Fiat (dollar, ruble) money and cryptocurrency.
The strengths of the project:
The versatility of the calculations (Fiat and cryptocurrency), i.e. the team aims to create not just another cryptocurrency, but a whole ecosystem.
The project will allow to make more than a few thousand operations per second..
Zero Commission for sellers and a minimum for buyers.
Masternode that generate passive income and keep the system in operation.
Market project:
At this stage, to COTI all are better than ever. Despite the richness of the world of cryptocurrency exchanges as well as crypto-currency, functions of exchange Fiat money for the crypt and back, few offers, and if offers, in a very truncated version.
Thus, if the team implements the planned, the project is able to break into tryptomer due to its demand.
Economics and metrics of token:
Token (COTI) is a currency in its own system.
The abbreviation token: COTI
Standard token: ERC20 (Ethereum), then the token transformirovalsya to your standard, based on the technology DAG.
Participation in ISO: KYC
The amount of money: 30 000 000 $
Price token: from 0,079 to 0.10 $ (depending on stages ICO)
ISO date: may 2018.
Available to buy tokens: 600 000 000
All tokens: 2 000 000 000 (followed by release of another 2 billion tokens)
Team:
The project team from Israel and employs about twenty people. The team has experience in cryptography, asset management, banking and startup experience ISO. Some team members worked under the names of such companies as IBM, Yahoo, Intel, Bank of Israel and other
Advisors – 14 people, also with experience, I will refer to some:
Matt McBrady , a former Director of a large investment company BlackRock.
Steven Heilbron – former CEO Investec Bank UK (part of a group of companies Investec).
Greg Kidd – risk Director at Ripple Labs.
In summary. The participants of this project are people with experience who know what to do, this is a huge plus for the project.
More information about team can be found on the website: https://coti.io
Product:
Testnet promise to run the job in the 4th quarter of 2018. At the same time and the beta version of the wallet and the exchange.
Run business network, wallet and exchange in the second quarter of 2019.
Full range of services includes roadmap, painted right up to 2020-2021 years.
Competitors:
The team has strong competitors in the face, like the cryptocurrency, and in the face of already operating payment systems (e.g. PayPal).
However, the project proposes a number of differences and advantages over all of them:
Decentralization.
Reliability.
Masternode.
The ease of use of the system.
Despite their “chips” will have to compete with such sites as: Waves, IOTA, NANO, Hashgraph, Byteball Bytes. They all offer about the same. Coti is able to compete with all of them, if you are implementing all of their plans.
HYIP project and community assessment:
Hype and activity in social networks is available. The company's estimates, the project is positive. Many are waiting for this project, as it has relevance.
Conclusion:
Assessing the idea, the team and the relevance of the project – COTI there is a market for launch and development of the project. The result promised by the fourth quarter of 2018, and functionality in 2019. On the one hand long enough will have to wait with the other large projects are not fully start and get to function normally for several months.
In summary: the prospects are, they are real and in demand.
Website: https://coti.io/
Whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf
Token Economy: https://coti.io/files/COTI-Token-Sale-Summary.pdf