COTI and Stox Partner to Launch a Series of ICO Predictions
Stox and COTI Join Forces for Sponsored Prediction Markets
Stox.com, a leading blockchain prediction markets platform, has collaborated with COTI to launch at least three market predictions during their upcoming ICO. In addition, the two companies will jointly promote each other’s offerings via social media and other channels.
COTI, Currency of the Internet, has developed their ‘’Trustchains’’ base protocol that aims to solve the numerous shortcomings faced by crypto-currencies and traditional payment methods. Their distributed ledger, the Cluster, is based on a directed acyclic graph (DAG) data structure, which works alongside a trust scoring algorithm and decentralised mediation system to provide the fastest and most scalable digital payments network around. Together these components provide a simple, secure and frictionless payment experience with low-to-zero fees.
Mutually Beneficial Partnership
COTI CEO Shahaf Bar-Geffen expressed his predictions for the partnership and what’s in store for both platforms. “There’s a palpable synergy between COTI and Stox’s visions and we are excited to partner with Stox for our ICO phase and beyond. We expect valuable insight from our sponsored market predictions that will assist us in forecasting our ICO’s success into the future. In addition, our offering is a perfect fit for Stox, as they are focused on expanding their single token platform that is powered by the STX token. Now there will be more payment processor reach, which is what COTI offers to the partnership,” he explained.
Yossi Peretz, CEO of Stox, indicated Stox’s enthusiasm regarding the collaboration, stating, ‘’Stox is proud to partner with COTI, as we see them as a valuable channel on which the Stox advantage will be clearly evident, thus enabling us to accelerate our business growth.”