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

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Rating

A

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)

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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
NameDesignationEducationExperience
David AssarafCo-Founder and COOBar-Ilan University: Master's degreeThe College of Management Academic Studies: Bachelor's degree, Business Administration and Accounting (with distiction)15 Yrs
Samuel FalkonCo-Founder and VP of Business DevelopmentTel Aviv University: Geological and Earth Sciences/GeosciencesArts and Science Academy High School Chaim Herzog: Matriculation certificate, Geography12 Yrs