COTI
Name
COTI
Summary
COTI is the first DAG-based blockchain technology designed specifically for payment dApps, merchants, and stable coin issuers.
-It was founded by David Assaraf and Samuel Falkon
-COTI employs the combination of the Trustchain Algorithm and Proof of Work
Rating
Symbol
COTI
Overview
COTI is a fintech platform that aspires to provide the foundation for future decentralized solutions, based on its own directed acyclic graph (DAG)-based blockchain architecture and a Proof of Trust consensus mechanism.
COTI has a multiDAG structure that allows independent DAG clusters to be combined into the COTI network. The fintech platform allows businesses to create their own payment networks and stable currency by supporting cross-chain interoperability.
Historical Price Movement (in INR)
Technology
The DAG protocol and COTI's Trustchain algorithm form the foundation of COTI's infrastructure.
COTI's data structure is a hash table built on chaining. This means that the blockchain can protect customers' computing and privacy.
The COTI wallet is built with React Native Framework and offers cross-platform functionality and portability.
Use of Native tokens in the ecosystem:
The COTI token is used to pay fees for all transactions on the network. COTI rewards network members by allowing users to run Full Nodes, which receive a share of all transactions handled by their node.
Token Sale
30%
Advisors
10%
Team
15%
Incentive/Liquidity/Reserve
45%
Volume (As of 3rd April, 2022)
$33,048,907
Total Supply
2000000000
Circulating supply
1.05B COTI
Crowd Sales
It has raised $500K in three rounds of investment
Funding
6/04/2021: Series A- $500K,
24/05/2019:Seed Round - NA ,
1/12/2018: Seed Round - NA
Country
Gibraltar
Name of Organization
COTI Limited
Year Incorporated
2017
Registered Address
56/63 Line Wall Road, Gibraltar, Gibraltar GX11 1AA, GI.
Dispute Resolution and Governing Law
Gibraltar
Country Risk Assessment
A1
Founding Team
Name | Designation | Education | Experience |
David Assaraf | Co-Founder and COO | Bar-Ilan University: Master's degreeThe College of Management Academic Studies: Bachelor's degree, Business Administration and Accounting (with distiction) | 15 Yrs |
Samuel Falkon | Co-Founder and VP of Business Development | Tel Aviv University: Geological and Earth Sciences/GeosciencesArts and Science Academy High School Chaim Herzog: Matriculation certificate, Geography | 12 Yrs |