COTI Logo

COTI COTI

COTI header image

1. Summary

Ranks

Liquidity
Developer
Social
Momentum (beta)
Stack Rank™
Price
$0.07 +1.8%
Market Cap
$79.67M (#236)
Supply
1.11B / 2.00B
Price
52W High price $0.48
52W High date 2nd Dec 2021 (1 year ago)
All Time High (ATH) Date 29th Sep 2021 (1 year ago)
ATH Price $0.67
% From ATH -89.07%
All Time Low (ATL) Date 7th Nov 2019 (3 years ago)
ATL Price $0.005563420000
% From ATL 1213.24%
Supply & Trading Volume
Trading Volume (24h) $4.72M
Total Supply 2.00B
Max Supply 2.00B
Circulating Supply 1.11B
Description

COTI or Currency of The Internet is a project that aims to build a decentralized as well as scalable payments network with the intention of facilitating efficient global commerce. Through combining the distributed ledger technologies with traditional payment solutions COTI actually aspires to set a next-generation decentralized payments solution wh...

COTI or Currency of The Internet is a project that aims to build a decentralized as well as scalable payments network with the intention of facilitating efficient global commerce. Through combining the distributed ledger technologies with traditional payment solutions COTI actually aspires to set a next-generation decentralized payments solution which is trust-driven, instant and most importantly cost-efficient.

This is why the COTI ecosystem was developed. It has four participants. These are the end-users, the node operators, the mediators as well as the merchants. The network itself is also designed in a way that the goal is to create a decentralized payment network that will integrate the benefits of both traditional payment systems as well as digital currencies.

The COTI Token Explained

COTI is the native cryptocurrency of the network that drives as well as fuels the interactions between the consumers, merchants, and mediators as well as the node operators. It is a medium of exchange, which means that it can be used when making or receiving payments in the COTI ecosystem.

Mediation stakes and payouts are also denominated in COTI coins. Merchants rolling reserve funds are also denominated in COTI coins and automatically can accumulate in the merchant’s account. All of the node operators are incentivized in COTI coins and are required to hold COTI whenever they validate node activity. All of the COTI’s network fees can also be paid through the usage of these COTI coins.

Features of COTI

In terms of features of COTI, you have the cluster. Its distributed ledger is based on a directed acyclic graph (DAG) which is known as the cluster. In DAG-based networks, every transaction has to validate two previous transactions in order to be confirmed. The cluster itself performs multiple types of nodes including full nodes, DSP or Double spend prevention nodes, and History nodes.

Then you have the trust scoring mechanism. Its trust scores are the key mechanism through which new as well as unconfirmed transactions select prior transactions to validate in order to reach the confirmation consensus. A participant’s trust score is determined by a general questionnaire and document verification. To incentivize users to gain this trust score, COTI is designed in a way that scores can be associated with the transaction fees. The higher score you have, the lower the transaction fees you will need to pay. Then you have the confirmation process, where each transaction needs to validate two previous transactions that are in the range of their trust score.

This is further built upon through the mediation system, where the mediators are taking responsibility if disputes arise in the network. They do not approve the transactions and only solve the disputes. They are required when a scenario occurs, such as billing errors, inadvertent transfers, unauthorized changes, undelivered goods or services, and non-conforming goods or services.

Founders of COTI (COTI)

Discussing the founders of COTI, it was founded by two people, specifically, Samuel Falkon and David Assaraf.

Samuel Falkon is the co-founder of COTI Group and works as the VP of business development within the COTI group. He also serves the role of chief revenue officer at Paywize and is the founder of Gil Scott Ltd.

When we discuss David Assaraf, who is the second co-founder of the COTI group, he also co-founded Frequants.

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2. Price

COTI/USD

2.1. Market Performance

How does COTI's (COTI) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-29.1%

COTI

-25.0%

Similar Market Cap

60 Day Return

-32.1%

COTI

-30.0%

Similar Market Cap

1 Year Return

-83.9%

COTI

-84.7%

Similar Market Cap

3. Developer Activity

We're monitoring 28 COTI GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All COTI Repos)

Commits vs. The Market

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Most Active Repos

Past week 18
Past 12 weeks 21
Past year 89
Past week 4
Past 12 weeks 21
Past year 70
Past week 0
Past 12 weeks 2
Past year 17
Past week 2
Past 12 weeks 2
Past year 16
Past week 4
Past 12 weeks 4
Past year 13

Top Developers 2022

In total, sRChq (Upgrade to view) developers have contributed to COTI over the past year. Who are the most active COTI developers, by commits, over the past year?

Related Projects

Developers working on COTI also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 10,837
Active Reddit Users (past 24h) 17
Discord users
Active Discord Users
Telegram Users 22,805
Twitter followers 239,062
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://coti.io/
Explorer https://explorer.coti.io/
Twitter @COTInetwork
reddit /r/cotinetwork

What is the correct contract address for COTI?

Ethereum 0xddb3422497e61e13543bea06989c0789117555c5

Has COTI been audited for security?

No security audits found for this project.

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