What is COTI? Introduction to COTI issuance price, total amount and white paper

COTI's Initial Coin Offering (ICO) in May 2018 offered tokens at an issuance price of $0.20.

Nov 02, 2024 at 01:59 pm

What is COTI?

COTI (Currency of the Internet) is a blockchain platform designed to facilitate payments and digital asset issuance. It aims to provide a scalable, secure, and cost-effective solution for businesses and individuals to transact in a frictionless manner.

1. Issuance Price

COTI was first offered to the public through an Initial Coin Offering (ICO) held in May 2018. The issuance price of COTI tokens during the ICO was $0.20.

2. Total Amount

The total supply of COTI tokens is 2,000,000,000. Of this amount, 50% were distributed during the ICO, while the remaining 50% are allocated to the COTI team, development, and ecosystem growth.

3. White Paper

The COTI white paper provides in-depth technical and vision information about the COTI project. It covers topics such as:

The COTI platform architecture
COTI's core features and capabilities
The COTI token economics
The COTI development roadmap

4. Accessing the White Paper

The COTI white paper is available on the official COTI website:

https://coti.io/en/whitepaper/

5. Additional Information

COTI is built on the Tendermint Proof-of-Stake (PoS) consensus mechanism.
COTI offers a suite of payment solutions, including digital wallets, merchant services, and a payment gateway.
The COTI platform supports the issuance of digital assets and stablecoins.

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