Intoduction to COTI - (Currency of the Internet) || Leo Challenge
The COTI project is also known as the Currency Of The Internet, which is a fintech platform that runs on the Ethereum blockchain(ERC20) network and COTI blockchain, the platform runs a degree of items such as financing handling, Peer-to-peer transactions, and as well card payment transactions. The Platform works in a way that other organizations can assemble their arrangements and digitize any money into Stable coins, then pegged the coin to actual currency.
The $COTI is the COTI organization's native currency, The $COTI is used for staking, governing, and used for financing process on the COTI network. $COTI holders can also stake the $COTI tokens on the blockchain so as to ensure they reach the validity of new blocks on the network. The COTI platform brags about cracking the issue of decentralization as the platform authorizes others to participate in creating a stable coin pegged to their fiat currency at the tiniest cost.
The Uniqueness of the COTI network is its transaction speed as the network boasts of running 100,000 TPS, the platform as well as comfortable to use, guaranteed and the mining fee is affordable to any low-budget user, and it uses the Proof-of-Trust Consensus for its security.
COTI PARTNERS
COTI web is currently conjoined with other strong crypto platforms, and strong financial investment organizations such as the Cardano, Blackedge-capital, Waves Financial, and others.
COTI TEAM MEMBERS
Shahaf Bar-Geffen is the present CEO of the COTI network, with David Assaraf being its Co-originator, other team fellows of the COTI project are seen in the image below.
$COTI Tokenomics:
COTI is currently ranked 176th on the list of coins, at the price of $0.2659, and a market capitalization of $278,485,373, and the market has been up by +6.71% since the past 24hrs, COTI has a circling supply of 1.05 Billion COTI, and the $COTI has a maximum. supply of 2,000,000,000 COTI, and the Total supply of the $COTI is 2,000,000,000 COTI.
COTI Markets
$COTI can be traded on several exchanges which I will be listed in the order of top exchanges the coin has been traded below;
- Binance Exchange(Spot and Futures)
- Coinbase Exchange
- KuCoin
- Huobi Global, and others...
Financial Advisable?
Yes, holding the COTI coin for long would be the best idea as the coin has some credibility of showing great fortune in the future, The COTI project has successfully collaborated with the Cardano network, meaning they are now having more offers and more popularities, so the project is expected to turn out great sooner, The $COTI is also expected to reach the value of $2.5 0r $3 by the end of 2022, so I would believe the idea of holding the COTI as an admirable financial idea.
I would admiringly advise others who are interested to own the COTI coin, as this is one of the exceptional coins to have stacked in a wallet for a long placement, we could also see that the project has a serious project backing it up, it is mostly utilized on our day to day activity on the Cardano network as well, it is also recommended to buy as the COTI price is not up to one dollar yet, now will be the best time to buy and hold for long, pending the time the future rise come and the coin would have turned bullish.
it is as well advised to buy the coin with the idea of participating in the COTI platform, as with the COTI, you can stake, and participate in the voting decision on the platform.
You can access the COTI webpage from the website https://coti.io/, where other information regarding the COTI coin can be gotten as well, where users who are interested in participating in the platform defi can choose to, and as well the platform allows the access to cards to pay for transactions which are uncommon on defi platform, the platform also lends some portion of assets to its users provided people meet the condition required to be eligible to partake.
Conclusion
From this write-up, I have been able to join the challenge organized by @leogrowth on the post , where I have chosen to write about the COTI project and analyze its market.