COTI
Disclaimer: This is not investment advice and I am not a financial advisor. Everything on this newsletter is for education and entertainment purposes only. Consult a professional financial advisor before you expose your capital to the crypto market. Crypto markets are inherently risky and volatile, so understand risks before you do anything with it. There is a good chance that I also hold the crypto assets that I discuss on this newsletter. Also, the WazirX sign up link here is an referral link of mine and I will be compensated when you sign up.
The cryptocurrency we will explore today is called COTI.
COTI is an enterprise grade payments platform that helps companies to build their own payment solution and digitise any currency.
COTI is good for a few reasons:
They can process over 100,000 TPS, compared to 25,000 TPS in traditional payment systems and up to 20 TPS in common blockchain protocols.
They provide dispute resolution system to safeguard users against errors, fraud and abuse.
They also have a distributed ledger technology that eliminates a single point of failure resulting in better security.
Click here to sign up and view COTI’s price chart on WazirX
Some of the solutions they currently offer include COTI pay. This solution can process all payment types, both online and offline, including crypto and stable coins, credit cards and even a merchant’s native coin. It also has built-in financing with interest earned on deposits and business loans.
Their leadership team consists of people who mostly come from the finance domain, which is good news.
Here are the profiles of the CEO, CFO & CTO.
They also got a $500K investment from Cardano, which I believe is a good sign.
As far as price is concerned, since July COTI has 5X its price from ~0.0915 USD to ~0.5200 USD.
I'm looking to enter this trade in the next week within the 0.52-0.55 range and hold it for 4 years.
Their current market cap is $455 million and I believe there is about 8-10X opportunity in the next 4 years. However, as I mentioned earlier, I'm not a financial advisor so do your own diligence before you risk your capital.
If you are looking to get COTI, you can open an account using my link. (WazirX)