COTI’s community pre-sale has reached its cap!

COTI
COTI
Published in
3 min readJun 7, 2018

We are pleased to share these exciting results with you

8,525 applications to the community pre-sale

4,137 approved whitelist members

3,186 total contributors (77%, wow!)

52% contributed the maximum amount of 1.5 ETH

$3,001,028 raised in 27 hours!

COTI CEO Shahaf Bar-Geffen’s message to the COTI community: “Your support of COTI is greatly appreciated! While it is possible to sell the entirety of the COTI tokens to private investors, we knew from the start that we would like to include the COTI community in our road to success and changing the future of payments. We’re pleased to announce that by the end of August COTI holders will be able to purchase products online using COTI! I want to thank all participants who took part in the sale. The fact that there was a 77% participation rate is nothing short of extraordinary — the industry average is approximately 20%. My sincerest apologies to anyone who didn’t have the chance to participate due to regulatory restrictions and time constraints, or to anyone who wished to contribute beyond the personal cap. We will take these factors into consideration as we finalize our decision on conducting a public sale. COTI community, thank you again for joining us in our mission to innovate the future!”

The winner of 100,000 COTI coins, as well as the 1,000 members who will be receiving a limited edition COTI debit card, will be announced in our upcoming newsletter!

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COTI
COTI
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COTI is the fastest and lightest confidentiality layer on Ethereum.