Topic: 📌[ANN] COTI - CURRENCY OF THE INTERNET. Digital currency built for payments ✔ - page 4. (Read 26331 times)

We are happy to say that we will increase each Community Node’s capacity for April allowing us to increase the staking pool and staking rewards, locking out more of our supply. Read more: https://cotinetwork.medium.com/staking-3-0-update-capacity-will-increase-sooner-than-projected-e1c54bb627a8

Pool-X will enable KuCoin users to stake via KuCoins' wallets while earning COTI coins and extra POL rewards.
This campaign will increase the COTI overall staking amount of locked supply to 123M in March, and 135M in April!
For all the details, read here: https://cotinetwork.medium.com/coti-launches-a-new-staking-campaign-with-kucoin-59243b014c57

STAY COTI!


COTI Resources
Website: https://coti.io
Telegram group: https://t.me/COTInetwork
Github: https://github.com/coti-io
Technical whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf

                                                                    
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https://www.binance.com/en/support/announcement/53c007d040594d55a8b2ccc57de8efa4

STAY COTI!

COTI Resources
Website: https://coti.io
Telegram group: https://t.me/COTInetwork
Github: https://github.com/coti-io
Technical whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf

                                                                    
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With a collective mission to tackle the barriers to widespread adoption of the crypto industry, Orion Protocol and COTI have joined forces. Orion Protocol will drive limitless liquidity to the COTI network via COTI-X, while COTI will enable greater accessibility of Orion Protocol via COTI Pay.



COTI is a fully encompassing “Finance on the blockchain” ecosystem, specifically designed to meet the challenges of both centralized finance (fees, latency, global inclusion and risk) and Decentralized Finance DeFi (fees, clogging and complexity) by introducing a new type of DAG based base protocol and infrastructure that is scalable, fast, private, inclusive, low cost and is optimized for finance.

COTI Pay can process all payment types, both online and offline, including crypto and stable coins, credit cards, and a merchant’s native coin.
Built on the most advanced liquidity aggregator ever developed, Orion Protocol will aggregate the liquidity of every crypto exchange into one decentralized platform: providing a decentralized gateway to the entire crypto market. Orion Terminal will enable traders to trade across the liquidity of every CEX, DEX, and swap pool at the best possible price with zero slippage.

Enabling greater accessibility of Orion Protocol
Orion Protocol will become a COTI Pay Merchant, furthering fiat onramp to Orion Terminal through the integration of ORN, Orion’s native token, into COTI’s fiat processing gateway and wallets. Terminal users will benefit from quick and safe payments, zero FX fees, and buyer-seller protections. The integration also has the potential to unlock further functionality of the ORN token including loyalty points and cashback rewards, as well as borrowing and lending via Celsius Network which is integrated into the COTI platform.

Driving liquidity to COTI-X
With 17 revenue streams and counting, ORN has unrivalled utility across the Orion ecosystem, comprised of enterprise solutions for crypto projects, blockchains, and exchanges such as Orion Liquidity Boost Plugin: bringing endless liquidity to exchanges immediately, from every CEX, DEX, and swap pool.

COTI-X is the instant settlement layer of all forms of value on the COTI network for users, consumers, and merchants alike and is powered by the various COTI-X liquidity pools. Orion Liquidity Boost Plugin will enable COTI-X immediate access to any source of liquidity in the market, enabling virtually limitless liquidity and tight spreads on all currencies within the COTI ecosystem. COTI-X forms a critical part of the overall COTI ecosystem, allowing COTI to bootstrap and supply liquidity to both the COTI network and external networks in a manner not previously possible. As such, Orion will play an integral role in bolstering the growth of the COTI network.



About Orion Protocol
Built on the most advanced liquidity aggregator ever developed, Orion Protocol aggregates the liquidity of every single crypto exchange into one decentralized platform: providing a non-custodial gateway to the entire digital asset market. In doing so, Orion is building a protocol on which to bridge the worlds of crypto, traditional finance, and real world assets.

COTI Resources
Website: https://coti.io
Telegram group: https://t.me/COTInetwork
Github: https://github.com/coti-io
Technical whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf

                                                                    
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Weekly Updates From the COTI Team

Over the last week, we announced a new record in COTI’s merchant monthly transaction volume of $18.6M! in successfully launched the Staking 3.0 program. We also completed the research and development on gas costs reduction for Crypto Volatility Index. Here is our weekly recap:



February marked a new record in COTI’s merchant monthly transaction volume! The transaction volume of last month grew to new heights of $18.6M thus allowing us to increase each Node capacity to 8M COTI already in April! With this growth, we will be able to welcome more new stakers to the network and upgrade current ones. https://medium.com/cotinetwork/february-staking-rewards-and-last-staking-2-0-rewards-successfully-distributed-16493d770fc8

Read more: https://medium.com/cotinetwork/weekly-updates-from-the-coti-team-2a385ef2df57

We are happy to share that Simplex has added Apple Pay to their payment methods, which means that you can now buy COTI with Apple Pay at checkout.
Apple Pay is the popular choice for millions, as 45% of Americans owning an iPhone, and now they can easily and securely purchase COTI with it.

We are working closely with Simplex on the COTI debit cards and bank accounts. We will start working on the card design very soon. Stay tuned for upcoming updates.

Stay COTI!


COTI Resources
Website: https://coti.io
Telegram group: https://t.me/COTInetwork
Github: https://github.com/coti-io
Technical whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf

                                                                    
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Hello!
Simplex will issuing the VISA debit card for COTI.
Regarding the dates, cards are still in process. We've received conformation that we'll be in the first batch launched on the new program. We don't control VISA's schedule, obviously, but we're doing everything we can to get it out there as soon as possible.

Kind regards,
Vladyslav

COTI Resources
Website: https://coti.io
Telegram group: https://t.me/COTInetwork
Github: https://github.com/coti-io
Technical whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf

                                                                    
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"VISA Debit Cards and Bank Accounts: We are thrilled to update that this week we have been picked as an exclusive design partner for Simplex, to be the first to issue branded VISA debit cards and bank accounts. Simplex has become a principal member with VISA, so COTI will have much better access to VISA and overall better terms and card sustainability than most programs out there. With everything in place, we began working on card designs and will be able to present it to the community for feedback in the coming weeks"

Exlusive Design Partner for Simplex?

Lets keep this simple.

Will COTI Have its own DEBIT CARD? (not the pre paid bs from crypto com that takes more than half a year to arrive)

Are you saying Coti will have its own Bank card?

Thats what i would like to know please.

PS: If SO..... is it still on Target to be done by the end of this month? 

March 2021 marks the first month for Staking 3.0. We’d like to congratulate all participants!

At COTI, we want to make sure everyone gets a fair opportunity. To that end, we had to work meticulously and handpick the approved stakers. Seats were filled and staking amounts approved on a first-come-first-served basis. Among all Staking 3.0 applicants, priority was first given to current stakers, then to stakers from the Staking 2.0 waiting list, and then to overall new stakers.
We are happy to share some information and stats from the staking application and approval process:
Over 1,300 new applicants were admitted to Staking 3.0, in the course of 10 days.

In detail:



We were able to approve 86% of the total staking applications!




- We have upgraded 51% of the current stakers who had requested to upgrade their staking amount. We have also been able to approve the full requested amount for 71% of the upgraded applicants.
 - We are very proud to say that we’ve succeeded in approving and welcoming 100% of the stakers who applied to Staking 2.0 and have since been waiting for their turn.
 - 109M COTI Native coins are now locked into the staking platform for 30 to 90 days.
 - The Banter Node, a new community node run by Ran Neuner has been added and went live today. As such, we now count 12 Community nodes and a total of 17 nodes:



To those who didn’t make it into the March cycle: Don’t give up! You are in line for the next cycles.

The processing volume is expected to grow, thus allowing the Community Node’s numbers and capacity to increase. Soon, and as a direct result, we will be able to upgrade the staking amounts for current stakers as well as add new stakers to the program.
The application form is still available, you can find the instructions here: https://medium.com/cotinetwork/staking-3-0-application-is-now-open-bb4d6dae3ff3

Stake COTI, Stay COTI!

COTI Resources
Website: https://coti.io
Telegram group: https://t.me/COTInetwork
Github: https://github.com/coti-io
Technical whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf

                                                                    
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Weekly updates from the COTI team

During the last few days, we have been hard at work on the technical goals and upcoming releases. Here is our weekly recap:



AdaPay with the Cardano Foundation: We’re making progress with the Cardano Foundation to launch AdaPay on Shelly Mainnet. The efforts are led by COTI’s top developer, Mr. Eli Hallufgil, working closely with a dedicated team of developers, managers and executives from the Cardano Foundation. The Cardano team has already brought in an amazing first use case for AdaPay and we are thrilled to take part in this project. Our plans are that all features from the Shelley Mainnet (such as staking), will be available for AdaPay users. This week we had a great call with the team and have put in place timelines and communications plans.



VISA Debit Cards and Bank Accounts: We are thrilled to update that this week we have been picked as an exclusive design partner for Simplex, to be the first to issue branded VISA debit cards and bank accounts. Simplex has become a principal member with VISA, so COTI will have much better access to VISA and overall better terms and card sustainability than most programs out there. With everything in place, we began working on card designs and will be able to present it to the community for feedback in the coming weeks.



More information, click here

The new staking program application reached new application records. We remind all that approvals for the March cycle will be sent between Feb 22nd and Feb 25th - PLEASE MAKE SURE YOU HAVE ENOUGH NATIVE COTI BY THEN.

Read more here: https://medium.com/cotinetwork/cotis-staking-3-0-status-report-e68286345dc5

We are happy to announce the application opening for COTI’s Staking 3.0 program! First come, first served. Act now!
We ask everyone, current stakers and new applicants, to follow the process outlined below:
https://cotinetwork.medium.com/staking-3-0-application-is-now-open-bb4d6dae3ff3

Don't miss out! The application for COTI’s Staking 3.0 program will open tomorrow
Secure your seat as the onboarding is on a first-come-first-served basis.
Stay tuned.
https://twitter.com/cotinetwork/status/1359504491775746051?s=21

We are pleased to announce the launch of COTI’s Global Trust System (GTS) for the Bitcoin network. The GTS is available via a web interface, an API, and soon also via Chainlink’s oracle and smart contract framework. The first release of GTS, for the Bitcoin network, enables users and other blockchain services to analyse BTC wallet addresses and identify malicious parties before transacting with them, introducing a layer of trust to the Bitcoin network that has previously not existed.

Trust Scores and Trust Nodes form an essential part of the COTI Trustchain. The Trustchain is designed to create a trustworthy operating environment for both consumers and merchants alike, one of the key components considered essential for the widespread adoption of cryptocurrencies. By creating the GTS and expanding our Trust score technology to other networks, any blockchain service, infrastructure, or chain will now be able to leverage efficient behavioral tracking to maintain trust scores and risk indicators for all network addresses and the consumers and merchants who access them.

The GTS engine is customized for each service, infrastructure, or chain, as each faces varying levels of risk, technicality complexity, and process flow. Past the Bitcoin network, we will also be expanding this service out to the Ethereum and Cardano networks in the future.

Trust Scores on COTI are calculating a number of factors, including, but not limited to -

 - Number of successful transactions
 - Number of transactions attempted or made that do not adhere to the network’s rules (with no obvious fraudulent intentions)
 - Number of possible attempts to double-spend/defraud. Actions like this must be critically dealt with to prevent a participant from perpetually building up a high trust score only to attempt defrauding other participants. There should either be a permanent and significant reduction in the participant’s Trust Score, or an extremely slow increase in the Trust Score.
 - Frequency of network use. We cannot expect ordinary users to use the network with the same frequency as merchants, so the user type is taken into account.
 - User type — the wide range of possible users impacts the trust score awarded to each user type and classification.
 - Network centrality

We’ve previously written about the GTS in great detail as it forms a critical part of our Universal Payment Solution (UPS) infrastructure.

How to use GTS via the Web?

Visit https://coti.io/trust
Insert BTC wallet address to analyze and click on “Check”:



That’s it! You can now review the user’s risk factor and activity score:

1.High-risk address



2.Low-risk address




3.Moderate risk address




As always, Stay COTI!


COTI Resources
Website: https://coti.io
Telegram group: https://t.me/COTInetwork
Github: https://github.com/coti-io
Technical whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf

                                                                    
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We are thrilled to announce that Dafabet, one of the world’s most prominent global gaming groups, has contracted COTI as a preferred technology provider for digital currency processing.

As part of this contract, we have built an entire wallet and payment system, specifically for Dafabet’s gaming platforms, using both our Trustchain and Payment Gateway technology stack. Together, we will offer Dafabet’s target audience an enhanced and easier cryptocurrency payment experience with less friction.

Dafabet is our biggest client to date, with over $1 Billion in annual revenue!

Dafabet properties, such as Dafa888, DafaPoker, DafaBetSports, and more, account for over 1.5 million unique visitors per month.

By offering Ultra eWallet to their massive existing user base, Dafabet will be able to enjoy instant payment settlement while also being able to offer their products to a wider market segment, due to the Ultra wallet not having any regional limitations. This will improve both revenue and cash flow for Dafabet as a result.

According to eGaming Review Magazine, Dafabet is a top tier gaming group, ranking in the top half of the world’s e-gaming operators. It operates an array of gaming platforms and it’s the home to some of the best gaming products on the web that includes Sports Betting, Online Casino, Live Casino Games, Flash Games, one of the world’s largest online poker networks, and many other world-class online betting games.


Dafabet’s presence is synonymous with the sporting world and they currently sponsor several English Premier League teams, including Everton, Aston Villa and Burnley, several first division teams, such as Blackburn Rovers and Sunderland, along with the perennial champions of the Scottish Premier League, in Celtic.

Dafabet also sponsors several English County cricket clubs, including Sussex CCC and Durham Cricket along with a host of other sporting teams around the world, like Cádiz CF and Norwich City FC.


The solution COTI has developed with Dafabet is a derivative of COTI’s technology, similar to Blockchain Dollars, but tailored to Dafabet’s scale and needs. We have branded the new solution as Ultra eWallet and it is an already live and functional product.

The Ultra eWallet includes a Fiat On-Ramp, stablecoins, a designated wallet, a CRM, and a full back-office management software. The entire payment process operates on the Trustchain rails, allowing for instant settlement and transparency. As more and more users from Dafabet’s immense 1.5M audience start using the Ultra eWallet as their preferred payment method, we expect the volume on the Trustchain to greatly increase, benefiting the holders of COTI, stakers, and node operators all over the world.

Here is a quick glance at Dafabet’s cashier with COTI’s Ultra eWallet in it:
WEB VERSION

MOBILE VERSION


And a glance at what deposit will look like with Ultra eWallet on Dafabet’s:




Shahaf Bar-Geffen, COTI’s CEO:
“Today marks a great date for COTI. Being recognized by a titan like Dafabet and having COTI’s technology installed in such a popular platform is a huge achievement. Dafabet is processing massive volumes and we look forward to taking part in it. COTI’s technology will serve Dafabet’s audience well and this agreement will greatly benefit COTI’s holders and stakers too”

Stay COTI!


COTI Resources
Website: https://coti.io
Telegram group: https://t.me/COTInetwork
Github: https://github.com/coti-io
Technical whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf

                                                                    
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Meet BetterNode — The New COTI Community Node


BetterNode, the 9th Community node added to the MainNet, and the 16th node in total.
BetterNode will go live on November 6th 2020, to support COTI’s growing processing volume, opening up more positions for community stakers.

Read more: https://medium.com/cotinetwork/meet-betternode-the-new-coti-community-node-910506872f89.

Last July, we announced Blockchain Dollars, COTI’s product that was tailored for the gaming industry and allows operators to accept stable coins as a form of payment based on a white-label version of COTI’s payment infrastructure.
Our long term goal is for Blockchain Dollars to become both synonymous with, and the payment method of choice, for the online gaming industry.


The first operator to use Blockchain Dollars is a giant of the gaming industry: Market Junction N.V. with some of their most successful Bingo brands: BingoCafe, BingoLiner, BingoCabin, and JetBingo.


With the rise of the gaming industry, Bingo games found their place in the online gaming back in 2003, which is the year Market Junction N.V. launched its Bingo brands, being one of the pioneers of this emerging market.

As such, these brands are a tremendous success and count hundreds of thousands of unique visitors per month, putting them at the top 20 globally.

Users of these four brands will enjoy an instant and straightforward onboarding experience, while the casino operator will benefit from instant settlement, high approval rate, and zero fraud environment.

Bingo brands are the first of Market Junction’s gaming brands that will use Blockchain Dollars, but certainly not the last. Please stay tuned for further updates!

STAY COTI!

COTI Resources
Website: https://coti.io
Telegram group: https://t.me/COTInetwork
Github: https://github.com/coti-io
Technical whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf

                                                                    
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As the end of Q3 is approaching we are proud to announce the first release of COTI-X: COTI’s liquidity pool and fiat on-ramp!

COTI-X is the instant settlement layer of all forms of value on the COTI network for users, consumers, and merchants alike and is powered by the various COTI-X liquidity pools. As such COTI-X forms a critical part of the overall COTI ecosystem and allows us to bootstrap and supply liquidity to both the COTI network and external networks in a manner that was not previously possible. This means we can enable payments via the COTI network for more tokens and partner with more projects in a much faster manner.

More payment options means greater exposure of the COTI network to a much larger user base and gives merchants using the COTI network substantially more options when it comes to accepting various forms of payments, something we see as one of the key aspects of gaining widespread adoption of our COTI Pay product.

COTI-X enables COTI to process instant settlements on ANY cryptocurrency processed via the COTI network. This is a tremendous competitive advantage for COTI and our merchants over other crypto payment solutions that support slow and thus relatively unusable native chain payments.

In our previous article regarding COTI-X, we demonstrated the various use cases of COTI-X, the utility of the COTI coin within COTI-X, how COTI-X works within the overall COTI ecosystem, and the improvements and additions we have made to COTI-X as part of its developmental process.

We have expanded the original vision of COTI-X to allow more tokens to access both our own internal liquidity pools as well as external liquidity pools, such as Uniswap, to meet the market demands of 2020 and encourage increased and incentivized participation in this aspect of the COTI network.

Later this year we will introduce the COTI-X SWAP product line to allow easy access to fiat and liquidity to more projects and tokens who are looking to partner with us and utilize our unique instantaneous settlement solution.



Read more about how COTI-X enables easy fiat on-ramp access to both the COTI network and partnered tokens and networks here -
https://medium.com/cotinetwork/coti-x-cotis-liquidity-pool-61e7955c82cc

When your credit cards to go live? And in which regions they will be available?

Highlights:​
COTI-X is built to provide liquidity to the COTI network.
COTI-X will have 3 liquidity pools:

• Internal licensed exchange
• Fiat On-Ramp
• External pools

The products that are entailed are:

• Fiat On-Ramp for COTI — a website and an integration to COTI Pay
• COTI-X Swap Widget — a Fiat On-Ramp for partner tokens hosted on partners’ websites
• COTI-X Swap pools — an incentivized external liquidity pools on various platforms

Introduction:

As we approach the launch of COTI-X, it is an ideal time to reflect the use case for COTI-X, the utility of the COTI coin within COTI-X, how COTI-X works within the overall COTI ecosystem and the improvements and additions we have made to COTI-X as part of the developmental process.

COTI-X was initially conceived as an instantaneous internal liquidity solution. One of the keys to a great payment network is instant settlement…and as we all know by now, no-one will use BTC to purchase a cup of coffee if they have to wait for a BTC transaction confirmation, making it, and any other cryptocurrency with slow settlement times redundant as a “real world” method of payment.

Of course, if COTI were to be used in place of BTC as a method of payment, it WOULD be instantaneous, as one of the key capabilities of the Trustchain is the ability for instant on-chain settlement. However, the crypto space consists of thousands of cryptocurrencies, most of whom DO NOT support instant settlements, and by creating COTI-X, COTI now has the ability to integrate and process instant settlements on ANY cryptocurrency processed via the COTI network. This is a HUGE competitive advantage for COTI over other crypto payment solutions, who support SLOW and thus relatively unusable native chain payments.

As an example, when a consumer pays for a product on the COTI network using BTC, we can instantly create the same value on COTI’s Trustchain, complete the transaction instantly, and settle with the merchant using COTI-X’s BTC liquidity pool. This allows both the consumer and the merchant to use BTC as a method of payment, without any of the overhead of the BTC network, mainly speed and cost of transaction.

We are already processing several million USD of these types of transactions every month.

COTI and COTI-X have the ability to provide, transact, and hold both fiat and other cryptocurrencies as part of the COTI-X liquidity pool, as COTI-X operates under an exchange license, the same type of license that major centralized exchanges like Binance or Bitfinex use to run their exchanges.

COTI is also in the process of acquiring an EMI (Electronic Money Institute) License — which allows us to issue e-money or quasi-currency that can be withdrawn and converted into any other currencies and service third-party payments. EMI license holders are practically a bank, but only without the right to issue fiat loans. This is the sort of license that PayPal, for example, holds.

The above processes have also been described in detail as part of our Universal Payment System.

To summarize the above, COTI-X is the instant settlement layer of all forms of value on the COTI network, between users, consumers, and merchants, powered by the various COTI-X liquidity pools.

How Liquidity Pools Function On COTI-X


COTI-X requires reliable liquidity pools. Liquidity on COTI-X is supplied from several sources:

• Internal liquidity (provided centrally by COTI)
• Fiat On-Ramps (COTI’s direct access to credit card processing)
• External liquidity (DeFi based liquidity pools)

External liquidity may also come from several sources:

• Liquidity pools created by COTI on platforms like Uniswap, Balancer, etc.
• Liquidity posted by other communities and projects, wanting their token to have access to Fiat, as we’ll explain below
• Merchants and consumers through COTI Pay having access to incentivized liquidity pools (opening the option for users to give merchants working capital loans, for example)
• Ecosystem liquidity coming from other platforms

By utilizing both internal and external liquidity pools, we greatly increase the amount of locked-in value on the COTI network, in the form of COTI coins, stored Fiat, and other cryptocurrency coins or tokens.

The COTI network value or TLV (Total Locked Value) therefore, in this context, is represented in several forms:

• The COTI coin itself
• Various tokens issued on the COTI network
• Other cryptocurrencies (BTC, ETH)
• Stable coins
• 35 Fiat currencies we support

Introducing COTI-X Swap

We have been closely following the shift in market dynamics, from more centralized liquidity to more decentralized liquidity pools and as such, we have expanded the original idea of COTI-X to allow more tokens to have access to our liquidity and to meet the market demands of 2020.

We are happy to introduce the COTI-X SWAP category of products to allow easy access to Fiat and liquidity to tokens who will partner with us. We will be introducing the first two products:

• COTI-X SWAP Widget — a widget that partners install on their websites which grant them access to Fiat liquidity (a Fiat On-Ramp) for their token
• COTI-X SWAP Pools — an external liquidity pool, supplied by the community, and incentivized both by COTI and our partners

COTI-X SWAP Pools

To complete our swap offering, we have chosen to allow both our community and our partners’ community to be able to post liquidity and enjoy lucrative incentives.
As such, we’ll be introducing external liquidity pools, on platforms like Uniswap v2 and Balancer, of both COTI and our partners' tokens, as pairs. When a user would swipe his credit card to purchase our partner’s token, through the COTI-X SWAP widget, liquidity may come from the external pool. This will lock a lot of value on COTI’s network and enhance the service we can offer to our partners and community.

COTI-X SWAP Widget


As you may remember, COTI has been approved by major banks to be directly purchased with a credit card. We have the best banks behind this and global coverage, so this adds liquidity and access to new users worldwide. This approval is also backed by our license to manage exchange and by our upcoming license to become Electronic Money Institute (EMI), as explained above.

We feel very fortunate to have been approved for direct purchase and we realize that a lot of other tokens out there are looking for a way to onboard users with credit cards. Currently, their only option is to work with centralized exchanges, making the entire process cumbersome, inefficient, and completely out of the control of projects who issued these tokens.

To solve this, we are introducing the COTI-X SWAP widget that partners can embed in their website, allowing users to buy their token with a credit card, using the COTI coin as an intermediary coin.

This will allow our partner to have access to untapped audiences while having a process that the partner can host on his website or wallet. This has a great benefit for the COTI ecosystem, of course, as the COTI that is initially purchased, is purchased from the market at market price.
Our partners will be paid with COTI and these coins will have a mandatory staking period, limiting our supply even more.

COTI has a huge advantage over competitors as we are in a unique position where we have all the right keys to offer this service:

• An instantaneous network
• Bank approval to be purchased directly
• The licenses required to handle the entire process
• The tech required to manifest the whole process

We already have design partner tokens in place and we’ll announce names closer to launch.




The following is the user experience when using COTI-X to buy COTI and then, the user experience when using COTI-X to buy a partner token.

Buy COTI Step 1:


Buy COTI Step 2:



Buy COTI Step 3:



Buy Coin Step 1:



Buy Coin Step 2:



Buy Coin Step 3:



Purchase COTI:



Summary:


COTI-X is COTI’s liquidity pool and as such needs to be reliable. Liquidity on COTI-X comes from several sources:

• Internal liquidity (provided centrally by COTI)
• Fiat On-Ramps (COTI’s direct access to credit card processing)
• External liquidity pools

External liquidity may also come from several sources:

• Liquidity pools created by COTI on platforms like Uniswap, Balancer, etc.
• Liquidity posted by other communities and projects, wanting their token to have access to Fiat, as we have explained above
• Merchants and consumers through COTI Pay having access to incentivized liquidity pools (opening the option for users to give merchants working capital loans, for example)
• Ecosystem liquidity coming from other platforms

Using the above liquidity, our licenses, and to meet market demands for 2020, we’re launching a few products over COTI-X:

• Fiat On-Ramp for COTI — a website and an integration to COTI Pay
• COTI-X Swap Widget — a Fiat On-Ramp for partner tokens hosted on partners’ websites
• COTI-X Swap pools — an incentivized external liquidity pools on various platforms

We plan on launching COTI-X around October this year and have made great progress both in terms of technology, partnerships, and licenses.

COTI-X will launch on its own domain, cotix.io, but will also exist as a widget that will be installed both on COTI’s website and on COTI Pay, COTI’s official wallet.

We predict a lot of value will be locked on COTI’s network due to COTI-X and the innovation it brings to the space.

Stay COTI!

COTI Resources
Website: https://coti.io
Telegram group: https://t.me/COTInetwork
Github: https://github.com/coti-io
Technical whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf

                                                                    
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