COTI - Digital currency built for payments

What is COTI?
COTI is a payments transaction network that was built from the ground-up to solve the payments challenges of today. Developed by payments industry veterans, COTI combines the best of traditional payments systems with the best of blockchain technologies to offer the fastest, easiest, most cost-effective and most trusted way to pay. COTI will be holding a token sale for its native currency, COTI’s vision is to build a decentralised and scalable payments network to facilitate efficient global commerce. This will set the standard for a next generation payment solution that is trust-driven, instant, cost-effective and supportive of a multi-currency wallet. By reconciling cutting edge distributed ledger technologies with the best of traditional payment solutions, COTI will be poised to spearhead the mass adoption of digital currencies in the mobile era.

COTI's tech and ecosystem
I am no technical geek or nerd when it comes to the blockchain technology(atleast not yet) but according to what i read on the COTI website, the COTI ecosystem is designed using innovative distributed ledger technology with the goal of providing a superior payment solution that outpaces current legacy card networks and cryptocurrency technologies. The COTI base protocol, native currency, Mediation System and Trust Scoring Engine have been conceptualized to produce a comprehensive payment solution for merchants and consumers that is both decentralised and scalable.

COTI's Vision
The main vision that COTI has is to build a decentralized and scalable payment network to facilitate efficient global commerce.
According to COTI, this will set the standard for a next generation payment solution that is trust-driven, instant, cost-effective and supportive of a multi-currency wallet.
By reconciling cutting edge distributed ledger technologies with the best of traditional payment solutions, COTI will spearhead the mass adoption of digital currencies in the mobile era.

COTI is a FinTech company that has developed a base protocol, known as the Trustchain™, which aims to address technical challenges plaguing other existing cryptocurrencies and limiting their mass adoption as means of payment. It includes consumer wallets, merchant processing tools and a digital currency exchange facility. The consumer-merchants payments industry is estimated to be a two trillion USD market however, it has been monopolized by Visa and MasterCard for the past 40 years. Nowadays, each transaction goes through 6-8 middlemen, each collecting a fee and potentially being a point of failure. COTI aims to address such shortcomings by combining the best of traditional payment methods with the best of traditional currencies. COTI network users can expect low-to-zero fees, full buyer-seller protections, a robust Trust Scoring Engine and decentralized Mediation System. COTI's team includes top management and R&D talent, veterans of the financial industry and blockchain experts.

Total Hardcap $30,000,000
Token type: Ethereum ERC-20
ICO price: 1 COTI = 0.1 USD
Finite token number: 4000000000
Token Allocation: 42% token sale, 12.5% Incentive programs for Merchants and Users, 11% Token liquidity for market-making, 10% Founders, Team, early Backers, Advisors 9% Opening balance for the Reserve Credit Fund (RCF), 7% Validators' incentives, 6% Partners' network, 2.5% Community grants and partnerships
Status: Working Prototype
Accepted Currencies: BTC, ETH, USD
Token: COTI

Website: https://coti.io/
Whitepapper: https://coti.io/en/files/COTI-overview-document.pdf?v=871efc619c0
Telegram Group: https://t.me/COTInetwork