COTI (COTI)

COTI is currently trading at $0.0670, after a price change of 2.23% in the last 24 hours.

Ranked as cryptocurrency #259 by capitalization today, COTI market cap is valued at $74,313,100. COTI trading volume reached $6,733,843 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on COTI coin price prediction page.

What is Coti?

Coti is a financial technology platform that enables enterprises to create payment solutions and tokenize assets. The platform features a DAG-enabled blockchain, global payment solution, and a Global Trust System. Coti is built on a Directed Acyclic Graph system with a proof-of-trust consensus algorithm. 

Coti network employs a multiDAG structure that enables the integration of autonomous DAG clusters into the Coti network. The integration enables interoperability and allows companies to create their payment protocols and stable coins. Users can issue their customized stablecoins on the network to control their funds and data. 

COTI is a medium of payment in the Coti platform. The asset can be staked and is a requirement when operating the COTI network. There are currently 1.05 billion circulating COTI tokens from a total supply of 2 billion and an equivalent maximum supply. From the initial token supply of 2,000,000,000, 30% was set aside for investors, 45% for pre-mined rewards and airdrops, and 25% for founders and the project development. 

Coti completed two private sales before the Initial Exchange offering on KuCoin in 2019. The first was a seed sale consisting of 2.9% of the total supply, raising $3.44 million. A private sale of 10.04% of the total supply followed, raising $16.02 million. 

Coti was founded in 2017 by a team led by co-founder David Assaraf.