Review on COTI by Robiul Islam
Ultimate power grid of payments.
It has a clear path to achieve adoption by improving established characteristics of the payment industry and introducing new benefits that significantly impact the way we buy and sell products / services and transfer money. The team recognizes the limitations of the
current blockchain networks, hence why they decided to build a new infrastructure with an array of services and applications to make cryptocurrencies viable in the real world.
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Smartphones could very well be the key vehicle in the future of payments and personal
finance, so COTI is developing an easy to use application for consumers and merchants
manage all their transactions in one place.
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Considering the target market, the current market cap and the team capabilities in producing good results in the development and business partnerships, I believe COTI has a strong upside potential.
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Pros
- Team managed to secure partnerships and investment from strong players inside and outside the blockchain space.
- Well designed ecosystem with new and improved benefits for consumers and merchants which improves the adoption.
- Strong and engaged community coupled with consistent communication from the team (project updates, content creation, AMAs)
Cons
- Still very centralized and will have to deal with some challenges to achieve the vision of a decentralized payment system.
