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COGI stands for Cryptocurrency Online Gateway Infrastructure. The goal of the project is to create a gateway to connect traditional services and users to Blockchain and Cryptocurrency.
To accomplish said goal, it is crucial that COGI have an independent Blockchain Ecosystem, fully equipped with basic components. Within the current Blockchain technologies, limitation and shortcomings remain existent, by utilizing the current technologies, difficulties users often face will not be solved.
That is the reason why COGI Chain was born. COGI Chain is a Layer 1 Proof of Authority (PoA) blockchain. PoA is a consensus mechanism that upholds the identity and reputation of the participants who validate transactions and add new blocks to the blockchain. The advantages of POA are:
• Fast transactional speed and large network scalability
• High security
• Integration of zero-knowledge proof (ZKP) technology, which can quickly process 10000 transactions per second
• Friendly user experience when approaching Blockchain and Blockchain integration services" (especially traditional users).
2. What are the key products of COGI Ecosystem?
COGI Scan: An Explorer of COGI Chain, providing an analytics platform for COGI Chain with many other essential features. The goal of COGI Scan is to create transparency for COGI Chain by allowing users to inquire all information in a clear and transparent way.
COGI Dex: COGI Ecosystem’s own DEX, used to trade tokens in the Ecosystem. Operating based on COGI Chain with smart contracts and peer-to-peer networks, which is safe and secure. Low transaction fees, slippage control tools, fast transaction speed. Friendly UX, easy to understand, less steps.
COGI Bridge: A bridge that assist with token transfers between networks, attracting money flows from external networks into the COGI Chain. Currently, COGI Bridge support 5 networks: ETH, BSC, AVAX, Kardia and COGI Chain. In the future, more Chains will be supported when there is a need to attract more users of other HSTs to COGI Chain.
NEMO Platform: A management & operation platform that automates the decentralized digital economy model. The core principle of NEMO Platform is to use automated tools & technologies to oversee the value of the NEMO token (Common co-used Token of all projects in the Ecosystem).
NEMO Wallet: Each generated Wallet address will be associated with an identifier that the user can actively customizes and is easy to remember, and meaningful. Login, register by phone number, email or link with Google, Facebook, Apple, Twitter Account... which is similar to traditional apps. User friendly interface, intuitively comprehensible, easy to operate. NFT list, NFT images are updated automatically instead of having to Add Token ID manually as of some current Wallets. Support multi-platform PC, Android, IOS...
One SDK: Login SDK, directly integrated with NEMO Wallet. Enable a fast integration for traditional services to become a blockchain hybrid service. Easy for developers to integrate their products from a traditional product into blockchain products. Support tracking service parameters. Interact directly with NEMO Wallet to take advantage of the utilities of COGI Ecosystem.
One Marketplace: NFT Minting vs NFT Exchange. A centralized Marketplace for all services and all products in the Ecosystem. Products connected to Ecosystem will not need to build their own NFT Marketplace, they can simply open a store on Marketplace and make use of it.
COGI Launchpad: IDO, INO, IDO Pools, Launch Pools - Launchpads for new projects in the Ecosystem, which help attracting more projects and developers to COGI Chain.
NEMOVerse: All services operating on COGI Chain and NEMO Platform will be parts of a metaverse that fulfilled all needs (of users) from entertainment, work, study...
3. What is the use of COGI Token?
Transactional processing fees for all COGI Chain operations and data storage.
Running validator nodes on the network through COGI tokens staking.
Used for governance voting to determine how ecosystem resources are allocated.
Get Governance Rewards Through Staking Activities, Provide Ecosystem Liquidity.
4. Where Can You Buy COGI Token?
As of November 2021 you can buy COGI at the Pancakeswap decentralized exchange.
As of November 2021 you can buy COGI at the Pancakeswap decentralized exchange.
Besides direct purchasing, it is also possible to own COGI by COGI Staking activity, to get more details, you can visit the COGI.Network's homepage.
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The live COGI price today is $0.000703 USD with a 24-hour trading volume of $167.29 USD. We update our COGI to USD price in real-time. COGI is down 4.41% in the last 24 hours. The current CoinMarketCap ranking is #2713, with a live market cap of $43,286.34 USD. It has a circulating supply of 61,587,047 COGI coins and a max. supply of 680,000,000 COGI coins.