MEXC will list COTI (COTI) in the Innovation Zone and open trading for the COTI/USDT trading pair. The specific timeline is shown below.
- Deposit & Withdrawal: Opened
- COTI/USDT Trading: 14:00 2022-08-08 (UTC)
Note: Prices may move greatly for projects listed in the Innovation Zone, please be cautious of the risks.
(This information is sourced from the internet. Strictly for references only.)
Project Name: COTI (COTI)
Max Supply: 2,000,000,000 COTI
Official Website: https://coti.io/
Project Brief Introduction:
COTI is a layer-1 blockchain ecosystem designed for payments. Unlike traditional blockchains, COTI doesn’t rely on Proof of Work (PoW) or Proof of Stake (PoS) to validate transactions. It adopts a unique consensus algorithm called Proof of Trust (PoT), which combines directed acyclic graph (DAG) data structure with PoW. PoT can lower transaction costs and increase throughput to up to 100,000 TPS.
Its native token COTI is a cryptocurrency that operates on three different mainnets. COTI is used for paying transaction fees and can be staked to earn rewards in the Treasury. You can also use COTI and other cryptocurrencies to pay for goods and services with the COTI Visa debit card. The COTI MultiDAG 2.0 will allow developers, merchants, and enterprises to issue tokens that inherit Trustchain abilities, such as scalability, high throughput, low cost, and easy-to-use payment tools like COTI Pay Business.
Users are strongly advised to do their own research before participating. Nothing herein shall be construed to be financial advice or recommendation to participate in the associated network. The price of the project token may fluctuate greatly due to market conditions and other factors. Withdrawal for the project token may be suspended (fully/partially) due to the token mechanism.
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The MEXC Team
7 August 2022