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Coti strongly believes that in the near future, digital currencies will take the place that is currently taken up by cash, coins, cheques, and other payment cards. COTI’s main aim is to work as the Internet’s best digital currency that can be used by various customers across the universe.
At the moment, several payment platforms have failed to offer effective commerce transactions, leading to increased fees and reduced rates of approval. COTI introduces a payment system that is created to solve the payment challenges witnessed today and give the consumers greater peace of mind.
Powered by XCT as its native currency, COTI seeks to blend the best of the current processes of payments and blockchain technologies to provide not only the most effective but also a means that is trusted, fastest and easiest to pay with.
The COTI’s Crowd & Token Sale
The creation of COTI was mainly based on the idea of coming up with an advanced network of payment that would be widely used by both sellers and buyers. Its main hope is to be the main promoter of the application of the virtual currencies in use cases that involves payments.
Coti’s token sale is ongoing at the moment, just as the private sale is coming to an end. It has been revealed that a total of 80% of the tokens that had been earlier issued will be offered for sale as well as reserves.
Here are the main strengths of the COTI platform
As a payment platform, COTI is much aware of all the weaknesses that this industry has been facing for a long period. It is therefore determined in offering the users what they have been long waiting for. It has a mission of accomplishing a total of eleven objectives, which would, in turn, ensure that their main payment platform is effective than others that are currently used.
The hedging services and mediators will ensure that various businesspeople are convinced to begin using XCT, COTI’s native currency for digital currency payments.
COTI platform has been strongly built on the Trust Scoring Engine, which will give the merchants the peace of mind and confidence they need as they continue with their services.
COTI’s Team
COTI is made up of a diverse group of persons that have a good background in engineering, particularly software engineering. The current CEO is Shahaf Bar-Geffen, who also co-founded WEB3, a top ranking service provider for digital media adverts.
The Department of Software Engineering and Research is headed by a mathematician known as Erol Hallufgil. Erol has helped several fintech firms to come up with CRM solutions.
The team also has a myriad of advisors.
Last Word
Coti’s main commitment is to offer a positive user experience to its customers. This would, in turn, give the sellers and buyers an opportunity of transacting on a payment platform that has the most reduced fees and improved security.
Although it might take COTI considerable amount of time to be accepted as the best payment option for cryptocurrencies, it would definitely be the leading method across the globe.
We as cryptocurrency enthusiasts know that the banking industry is far behind in technology and needs of consumers. It’s missing out on decentralized technologies, and powerful concepts such as the blockchain, which can certainly revolutionize the cryptocurrency landscape. At the same time, if you want to invest in or trade crypto, management of your assets can be difficult when there’s 20 different coins to keep track of. There are no professional instruments for such purpose available to the masses, and SwissBorg, an ICO company, is going to change that.
SwissBorg ICO, the Cyber Wealth Management Platform
This project attempts to create a platform for efficient management of digital assets, in a fair, accessible and transparent manner. In whitepaper, SwissBorg point out community as the most important link in the chain, thus the aim for a community-centric organisation. Starting off straight with the presentation of its extremely skilled members, you know the company means business. Whitepaper, website and other media provided by SwissBorg seem very professional, and not in a stiff, boring old business guy way. There’s a dash of humor in the presented writing, which makes their image highly likeable.
CSB Token will have its funds dynamically allocated, from 50% to 100% in Indexes Pocket, 0 to 50% in Opportunistic Pocket. The token itself will be distributed in 100% to the users, with no team allocation. No discounts on tokens provides fairness – you get as much as you put in. Unlike in other ICOs, where some investors get better returns because they invested in at a different time in the crowdsale. Many neat features are available for investors willing to take part in this project, but the list is lengthy, and I believe that they require some knowledge of the financial world to fully understand, thus I’ll send you off to read the whitepaper yourself.
The SwissBorg Team
A quite large team with impressive portfolios that doesn’t disappoint. SwissBorg is all about professionalism. The CEO seems like a genuinely cool person that inspires trust. He’s had contact with technology since childhood, and knew that technology would revolutionize modernity. If I were to judge the book by its cover, this one would get a great score. But regardless, Cyrus Fazel has great experience in quantitative investment, and a passion for P2P solutions. CSO, Anthony Lesoismier, has 7 years of experience working in finances at Market Securities LLP and an extensive portfolio. There’s much good to be written about this group, but there is no need, as their LinkedIn profiles speak for themselves.
Social Media Presence of SwissBorg, Summary
This department is another place where SwissBorg shine. Over 24 thousand likes on Facebook, posts with high engagement, and an active Twitter. It’s big, no need to say more. A lot of people in the crypto community seems to be on the lookout for a future with SwissBorg. Surely, a cryptocurrency portfolio manager will find itself an extremely useful tool in the hands of many altcoin trading aficionados and investors alike.
Artists are free souls. What guides them is their passion. They hate all limits, as limitations hinder their creativity and ultimately, the quality of the art they make. Our world ended up in a situation where artists are completely in the hands of financial behemoths – recording labels and streaming platforms such as Spotify or Apple Music. Ultimately, it is up to these entities whether their compositions get published and whether they gain any recognition. Musicians are chained by the regulations of these companies. Fees can be high, cutting a lot of profit from musicians. For an up and coming artist, this can make the road to stardom very tough. VOXXO is an ICO that wishes to release artists from these restrictions.
The Goals of VOXXO
VOXXO attempts to integrate cryptocurrency and blockchain technologies to the music world. It aims to halt filtering of content, so that every artist can become heard, not just the ones with large label support. The ERC20 token will grant extra bonuses to its users on the VOXXO platform. There will be options to pay with other cryptocurrencies, but without the extras. If you do not want to pay, you will still be able to listen to music freely, but with ads every two songs. Otherwise, there will be no limitations, unlike Spotify, which doesn’t let you play specific songs as a free user when your trial time runs out, only compositions from random playlists, hopefully based around your interests.
Payments would be based on as many hours as you want to listen, without any monthly subscriptions. There will be chances to win free concert tickets and the option to listen to live gigs. For musicians, there are licensing options, which require no complex paperwork. Artists would earn funds when users listen to their songs with VOXXO. Thanks to collaboration with organizations like ASCAP, BMI and PRS, a cryptocurrency revenue collection system will be established. It’s a big deal, because small time artists find it difficult to earn money off copyright.
VOXXO Team
Team of this project is quite small. While we’re at it, I’d like to point out that the whitepaper is littered with spelling errors and bad formatting. Apparently, the list it going to be updated after sale #1 finishes, but I believe that a mere four people is not enough for something as complex as an ICO. It could be justified if it was a squad of 4 prodigies, but it isn’t. Unimpressive resumes with no achievements that stand out. No real experience in managing companies. I wouldn’t trust these people with my money. Not mentioning that the LinkedIn profiles aren’t even in English, and I had to use Google translate to make sense of them.
Social Media, Summary
I don’t need to bother with a lengthy description. VOXXO has less than thousand likes on all social media. I can only see them talked about in forums like bitcointalk.org, with only 8 pages in the thread since November. To pad this section out a bit, I’ll mention that I can’t shake the feeling that VOXXO isn’t really trying to “free the artists”. The project to me seems like simply replacing the current model with a copy, but with cryptocurrency and blockchain functionalities added. Features like users voting for the songs to just get inside the platform, or paying with your tokens to have a higher power vote during live event votes doesn’t seem quite fair to me. The one with the most money wins. Nothing changes. As an artist and a musician, I’m suspicious of this project. I wouldn’t invest a penny in this.
At the advent of cryptocurrencies, they were mined by relatively small entities. Single persons, mining with just their personal computers, without any specialized hardware needed. As the networks grew, more and more processing power was required. Only high end PC’s could mine. And then, you needed a whole farm to make a profit. Therefore, it became unaffordable for everyone but the select few. Or companies specializing in just that. Now you need an ASIC stack to mine Bitcoin. This defeats one of key principles in design of the cryptocurrency – decentralization. The network is still kind of decentralized, but decentralized as in few thousand pools owning the majority of the mining power. Not the most optimal solution. Envion, an ICO company, wants a return to the era of personal mining.
Summary of Envion ICO
An additional issue, which I didn’t mention in the intro, is of course, the ever growing power cost of mining BTC. This has a negative effect on the environment. We should aim to decrease power costs, not increase them. Not only you have to own expensive hardware, you need to pay large electricity bills, further worsening the situation of network democracy, where it’s interests are in the hands of the “elite”, owning the biggest farms.
Envion has developed a system of MMUs, Mobile Mining Units, that can tap electicity directly at the source. Green power like solar, hydro or wind, or fossil fuel power plants would be given intermodal containers equipped with mining hardware, communication and industry 4.0 automation features. Breakthrough cooling system included, costing less than 1% of total system power consumption. Envion is a fusion of the blockchain and renewable energies.
Token name EVN, it uses the ERC-20 standard. The token holder is privileged to receive 100% of earnings of the proprietary Envion mining operation, 35% from third-party operations, voting and veto in important company strategy decisions. Sale started on 15th December, 2017, and will end January 14th, 2018.
Envion Team and Impressions
Reading the whitepaper, you can see there is no flashy presentation. It’s showcased in a way as if you were reading a scientific document, not a sales pitch. That’s a bonus to me. A lot of ICOs seem like downright scammy pyramid schemes or MLM. This one earned my respect with its honest approach. Moving onto the team itself, it’s full of seasoned experts. Matthias Woestmann, CEO, is an enterpreneur, investor and media professional. He co-financed a $300M solar company. Having two decades of experience, he surely knows what he’s doing. The rest of the team isn’t divided into specific positions, but their general roles. Felix Krusenbaum handles finance, Johnatan Koch the technology. Both of them are experienced IT professionals with over 10 years of experience. This team as a whole is a huge hit. I’ve reviewed profiles of everyone on board, and I can say I’m impressed. Envion spells success.
Socia Media and Press
Envion has a HUGE following for an ICO, which I’ve seen at 5k likes max. Their Facebook page has ten times that. Apparently, they managed to raise $34 million dollars in first few days of the ICO. Impressive! People are drawn to the idea of connecting blockchain and renewable energy technologies. The cryptocurrency community sure loves Envion.
Risks and Opportunities of Envion ICO
I can see this ICO being highly successful. The project has made such an impression on me that I am going to invest a few dollars into it, personally. However, as with every investment, please research what you’re investing in and make your own judgement. We are not responsible for any losses you could have by investing in this or another ICO. Still, I highly believe this ICO can net some serious profit for it’s investors and make waves in the technology world.