COTI — CURRENCY OF THE INTERNET

As net property becomes progressively pervasive,and as transportation and communication prices decline, patrons and sellers square measure demonstrating a bigger propensity to trade across borders, through on-line marketplaces and on a peer-to peer basis.Yet despite the benefit with that info,goods and services currently flow, payments square measure still characterised by high fees,low approval rates and high abandonment rates.As a results of the friction obligatory by existing payments solutions, the number of trade occurring within the world nowadays falls so much wanting its potential to the hurt of people, merchants and therefore the world economy at giant.
COTI could be a FinTech company that has developed a base protocol, referred to as the Trustchain™, that aims to handle technical challenges plaguing alternative existing cryptocurrencies and limiting their mass adoption. The COTI Trustchain relies on a DAG organization that's able to method ten,000 transactions-per-second.

The first key use case that COTI has enforced on this new technology could be a payments dealings network, engineered from the ground-up. The consumer-merchants payments business is calculable to be a 2 trillion USD market, but it's been monopolized by Visa and MasterCard for the past forty years. The decentralised and climbable payments network has been created to facilitate economical international commerce. Developed by specialists in many industries, as well as the previous chief executive officer of Investec bank, Steven Heilbron, COTI combines the most effective of ancient payments systems with the most effective of blockchain technology to supply a quick, easy, cost-efficient and sure thanks to pay.
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COTI is committed to catalyzing the widespread adoption of virtual currencies because the main payment methodology and leave current heritage card networks and cryptocurrency technologies behind by making a next-generation network for payments which will be:
Decentralized
Fast-scalable
Highly reliable irrespective of industry or jurisdiction
Secure for both sellers and buyers
Zero-to-low cost where transaction fees depend on a user's behavior
Trust-generative
Easy-to-use
Fully-compliant and welcoming of regulation

In business, disputes between merchants and customers ar typically happened, that were caused by whether or not the goods’ value was wrong, merchandise was totally different with its description, or paid merchandise has nonetheless to arrive. To counter these disputes, COTI offers to mediate them employing a system known as Mediation System. within this method are going to be gift Associate in Nursing freelance moderator tasked with breakdown any problems by giving votes for same problems. Who’s the proper side? Was it the bourgeois or the customer?
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COTI Token Sale:
TOKEN SALE: 15 JUN – 1 JUL or once the fundraising goal is achieved
Ticker: COTI
Token type: ERC-20, but after the launch of COTI’s main net, the ERC-20 tokens will be converted into coins issued on the COTI network’s transaction ledger.
ICO Token Price: USD 0.1 per COTI
Fundraising Goal: 30,000,000 USD
Total supply of COTI tokens during the formative stages: 2,000,000,000.
The maximum supply of COTI Tokens: 4,000,000,000 (at a later stage)
Available for Token Sale: 30% (550,000,000 tokens)
Whitelist: YES (PERIOD ISN'T SET, JOIN)
Know Your Customer (KYC): YES
Can’t participate: Afghanistan, Bosnia And Herzegovina, Central African Republic, China, Congo, Cuba, Eritrea, Ethiopia, Guinea-Bissau, Iran, Iraq, Israel, Lebanon, Libya, North Korea, Somalia, South Sudan, Sudan, Syria, Uganda, USA, Vanuatu, Yemen
Unsold Tokens: will be reserved
Accepts: still not clear, but surely, COTI will not accept USD payments during the token sale.
Company Foundation: Royal Ocean Plaza, 42 Ocean Village Avenue, Gibraltar GX11 1AA

Token Allocation
2 billion of COTI tokens will be distributed as shown below:

Token sale (30%)
Backers, partners and advisors (10%)
Reserve (22%)
Incentive program (13%)
Team (15%)
Liquidity (10%)
Money Distribution
The raised money will be used in a next way:

R&D (30%)
Cybersecurity (5%)
Legal and compliance (9%)
Merchant services (8%)
Licences and capital requirements (12%)
Marketing (15%)
Market maker (7%)
Operational expenses (7%)
COTI fund (7%)