Hotbit does not provide endorsement for any blockchain assets. All introduction information regarding the assets is originated from third party sources and that emissions and errors might occur in the information provided.
The investments in blockchain assets are highly risky; the user is solely responsible for undertaking the risks of any asset shrinkage or lost. Please do conduct investment activities cautiously based on your own situation.
CoTrader is a non custodial funds management marketplace, which aims to improve the $85 trillion investment funds industry with blockchain. It is the world's first such live alpha product on mainnet.cotrader.com.
CoTrader strives to increase individual financial freedom. It enables anyone anywhere to open a crypto fund without registration, and anyone anywhere to join it.
We provide whitelisting for fund managers to follow regulations as desired.
Our smart funds are smart contracts which ensure that only investors can ever pull out their funds, anytime.
Fund managers can only make trades on behalf of the pooled funds in their smart funds, and enjoy open internet-scale leverage from performance fees.
Performance fee details are transparent and assured on the Ethereum blockchain.
We use Kyber to service trades, and in February are adding our own DEX using smart escrow to service trades with liquidity and volume pooled from all exchanges.
Token Status and Distribution
The token is used to remove platform fees. Platform revenues are held in COT tokens from all funds - 1% management fee and 5% performance fee.
70% of the 20B tokens are distributed.
20% is reserves for operations.
10% is vested 4 years to team.
Contract address: 0x5c872500c00565505f3624ab435c222e558e9ff8