COTI constantly lie about "decentralised network" on their website, however just opening a wallet on this centralised network, you need to create an account with email/pw and then complete KYC. Because AML. Lol. So decentralised.
This scam resembles a bank and has nothing whatsoever to do with decentralised cryptocurrencies.
COTI supposedly has staking rewards for token holders. However, to stake on the network, you need to "register" with them via google forms.
On top of their centralised and scammy practice of peddling a centralised database as a decentralised blockchain network lies about NANO requiring fees. While everyone knows that NANO is feeless, COTI claims they are feeless while NANO requires fees.
Technically comparing COTI with Nano, one will realize COTI is a ridiculously crappy technology. While NANO relies on PoW and onchain difficulty adjustments to prevent spam, COTI uses brazenly centralised concepts like "trust score" of a wallet, which means your wallet will be assigned a "trust score" and those wallets with high trust score can transact freely while those with low score can be censored if the centrally chosen validators agree upon. This is just like what a bank does – Small drug dealer – low trust score. Mexican cartel drug dealer having HSBC account – High Trust score. Etc.
If people want to invest in banks, they are better off investing in stocks of legit regulated banks instead of something as shady as COTI, which is neither decentralised, nor permissionless, and runs a house of cards built on top of lies.