|All Time High:|
|Market Cap: |
|The price of #COTI today is $0.12 USD.|
The lowest COTI price for this period was $0, the highest was $0.117, and the current live price for one COTI coin is $0.11655.
The all-time high COTI coin price was $0.71.
Use our custom price calculator to see the hypothetical price of COTI with market cap of SOL or other crypto coins.
|The code for COTI is also #COTI. |
COTI is 3.3 years old.
|The current market capitalization for COTI is $129,217,564.|
COTI is ranked #182 out of all coins, by market cap (and other factors).
|The trading volume is big today for #COTI.|
Today's 24-hour trading volume across all exchanges for COTI is $9,988,489.
|The circulating supply of COTI is 1,108,643,952 coins, which is 55% of the maximum coin supply.|
COTI Partners With Empowa to Explore Using Djed as a Means of Transferring Funds to African…
COTI Partners With Empowa to Explore Using Djed as a Means of Transferring Funds to African Building Partners - We are pleased to announce another Djed partnership, this time with Empowa, a RealFi project built on the Cardano blockchain. Empowa enables local African developers to offer an affordable lease-to-own option for eco-homes to their customers. This system gives tenants the opportunity to own a home at the end of the lease period, thereby providing quality housing for them. A core mission of Empowa is to increase the mainstream adoption of blockchain across the African continent with special attention being paid to Cardano’s offering. The inclusion of the Djed stablecoin as a means of transferring funds to local building partners brings Empowa a step closer towards its goal to speed up blockchain adoption in Africa. Glen Jordan, Empowa CEO and Co-Founder, said:“As a proud Cardano project, we are excited to see the ecosystem reach this significant milestone, the launch of a native stablecoin. We are eager to play our role in supporting broader adoption of the Djed stablecoin, especially across the African continent”. This partnership, along with some of the previous ones we have announced, will ensure the proper utilization of Djed across the entire Cardano ecosystem, and create an increased use-case for it across multiple platforms. Stay tuned for more updates. — Stay COTI!. — About Empowa Empowa ...
The Latest Djed Updates
We are pleased to continually keep you informed about updates on Djed’s progress and development. Since our last update, the IOG and COTI development teams have been working relentlessly. Here is a breakdown of updates and developments done in the past few weeks: Extensive script optimizations to increase throughput have been carried out, which helped to cut down more than 60% of the execution budget (fees)., The $ADA exchange rate acquisition module has been updated to consider at least 6 external sources for redundancy and security reasons. The exchange rate will be updated on the blockchain only when 3 out of the 6 external sources have responded reasonably., We improved our capabilities to test and deploy new versions. Currently, 80% of the test objectives have been implemented to automatically test the Djed smart contracts and Plutus backend applications (PAB). This will result in a better and faster development and release cycle., The on-chain code has been finalized with reference to audit mediations and we are now waiting for the final audit report., — Business Development Updates:. — In the past few weeks, we have announced four new partnerships to explore Djed integration opportunities: WingRiders, an automated market maker DEX built on top of Cardano., JaraNetwork, an Open Finance Portal., Cardano Warriors, a Massive Multiplayer Onchain Role-Playing Game built on Cardano., Cogito Protocol, a sp...
Meet The COTI Team, Featuring: Guy Mesika
This week we’ll continue to introduce our team, new and old, for you to get to know them better. In this week’s edition, we sat down with Guy Mesika, COTI’s Development and Technology Team Leader. We asked Guy five questions to get to know him better, check it out: — Can you tell us a bit about yourself and how you got into Crypto?. — I literally live, breathe and eat code, praying it will run, and I so much love what I do. I have been into developing since I was a teen, and I also have about ten years of experience with leading teams. Ever since I heard about crypto, I had always wanted to understand the technology behind it. — What attracted you to COTI?. — I believe Cryptocurrency is the future, a disruptive tech for the future of basically everything. Though it is still in its early stages, I want to be a part of that future when it eventually materializes! When I came across COTI, learned the technology behind it and saw a team that is building a proprietary robust Directed Acyclic Graph (DAG) layer 1 protocol, that is superior to current block-based Blockchains in terms of scalability and operational cost. So, I gladly took the opportunity to be part of the team, and I am proud of what we are building here in COTI. — What do you hope to improve from within COTI’s Development department?. — I am the kind of man that will always have a critical perspective and the will to im...
COTI Partners With Cogito Protocol, SingularityNET’s Spin-off, to Add Djed to Its Treasury Reserve
We are pleased to announce another Djed partnership, this time with Cogito Protocol, a spin-off from SingularityNET, a multichain, decentralized AI platform. Cogito offers a framework for creating tracercoins, which are new classes of digital assets including a non-fiat pegged stablecoin. Cogito will explore the option to create stablecoin trading pairs between $DJED and Cogito’s tracercoins, and to include $DJED to its treasury reserve, amongst other assets, in order to maintain the stability of Cogito’s stablecoins. Cloris Chen, Cogito’s CEO, remarked:“We have been following Djed’s development for a long time. This partnership showcases the collaborative and inclusive nature of Cardanoland.” This partnership, along with some of the previous ones we have announced, will ensure the proper utilization of Djed across the entire Cardano ecosystem, and create an increased use-case for it across multiple platforms. Stay tuned for more updates. — Stay COTI!. — About SingularityNET and Cogito The purpose of SingularityNET is to develop decentralized, democratic, inclusive and beneficial Artificial General Intelligence. The two main development strategies to achieve this are: OpenCog Hyperon, an architecture that enables multiple AI systems to collaborate on a shared knowledge-base, The blockchain-powered AI-Platform and marketplace that allow any user to easily “publish, market and monetize” their own p...
COTI Development Update: Bridge 2.0 Foxnet Release
We are pleased to share that the COTI Bridge 2.0 has been updated with a new interface and new features on Foxnet. Foxnet is an internal developer environment that allows us to test it before the public Mainnet release. Bridge 2.0 will inherit MultiDAG 2.0 capabilities, and will support multi token swaps across supported networks. The new Bridge 2.0 will include a swap monitor page, swap max rate limit and a new UI. These features will enable users to properly manage their transactions based on configured individual caps, and rate limit. The rate limit will prevent bad actors from trying to abuse the system. Users will also be able to monitor their swaps from source to destination, and to cancel or refund swaps initiated from the COTI Pay VIPER wallet. Here is a glimpse of the new Bridge 2.0 interface: Our QA team will continue testing the new Bridge for the next few days. After that, we plan to deploy it to private Testnet for a testing period of a few weeks, after which we will deploy it to Mainnet. Stay tuned for more updates. — Stay COTI!. — For all of our updates and to join the conversation, be sure to check out our channels: Website: coti.io Twitter: twitter.com Telegram: t.me Github: github.com Discord: discord.gg Technical whitepaper: coti.iofiles/COTI-technical-whitepaper.pdf COTI Development Update: Bridge 2.0 Foxnet Release was originally published in COTI on Medium, where people are continuing the c...
COTI Partners With Cardano Warriors to Explore Djed Integration Opportunities
We are happy to announce another partnership, this time with Cardano Warriors, a Massive Multiplayer Onchain Role-Playing Game (MMORPG) that enables asset trading within the game through an enjoyable game experience. Cardano Warriors aims to become an exploring and adventure game that brings the Golden Era of RPG elements to the New Age in the world of blockchain. The integration of Djed will help to bring a stable way of buying and selling NFTs minted in Cardano Blockchain. Djed will be another alternative rather than ADA for Cardano Warrios’ players to trade their NFTs within the game. Alan Lengruber, Cardano Warriors Founder, said:“We want to allow players to enjoy the possibility of negotiating within the blockchain, capitalizing, and trading in a genuinely free market. DJED will be essential in assisting us in introducing our game to the external public that is accustomed to using fiat in Web2 games.” This partnership, alongside the ones we have previously announced, will ensure the proper utilization of $Djed across the entire Cardano ecosystem, and create an increased use-case for it across multiple platforms. Stay tuned for more updates. — Stay COTI!. — About Cardano Warriors Cardano Warriors is a Massive Multiplayer Onchain Role-Playing Game (MMORPG) that enables asset trading within the game through an enjoyable game experience. The game will allow players to collect rewards, forge and upgrade ...
Meet the Resolute Node — COTI’s New Mainnet Node
Meet the Resolute Node — COTI’s New Mainnet Node - We are happy to announce that a new Mainnet Node has been added to the COTI network: Resolute Node! The new Node is now live and running. The new Node operator is known as ZippyZoro, a valuable community member and a Testnet operator with a lot of technical knowledge, always willing to explain and assist other community members. Here’s what he had to say;“I first got into COTI around Oct 2019, which I think was around the time the ADA Pay announcement was made.I’m very happy to have been chosen as a COTI Mainnet operator and look forward to adding to the future growth of the COTI Trustchain.There are loads of crypto projects out there but COTI is the one which caught my eye, mostly due to it being run like a professional company rather than a side project.I also love the tech around using a DAG which gets quicker with more on-chain transactions.The team has updated the community about some amazing new features planned for the coming months. The one I find most exciting is their clear north star vision of making COTI the Enterprise Layer-1.The thing which has certainly made me #stayCOTI over the years has been the awesome community, so thanks to everyone on the Telegram, Reddit and Discord channels”. The demand to become a COTI Mainnet Node operator is still high, however, we will continually select Testnet operators as they patiently wait for their turn. ...
Meet The COTI Team, Featuring: Aviv Mizrahi
This week we’ll continue to introduce our team, new and old, for you to get to know them better. In this week’s edition, we sat down with Aviv Mizrahi, one of our Front end Developers. We asked Aviv five questions to get to know him better, check it out: Can you tell us a bit about yourself and how you got into Crypto? I have been working as a Full stack and Front end developer for the past ten years. I started traditional trading about three years ago, along the line I became very intrigued by cryptocurrencies. The logic behind crypto was really interesting to me, so I decided to start trading crypto as well. However, I discovered that I wanted more, I wasn’t satisfied with trading alone, I wanted a bigger challenge. This was what prompted my decision to look for a job in the Crypto industry. What attracted you to COTI? I have always wanted to work in an innovative Crypto company in order to utilize my potential and to also expand my horizon in the crypto industry. Naturally, when the opportunity came, COTI was the preferred choice in this regard. Furthermore, working with COTI has given me the opportunity to work on exciting projects within the crypto space, which has always been of interest to me. What do you hope to improve from within COTI’s FrontEnd department? I’m currently working on the new COTI website to completely revamp it. I am working on making the new website more user-friendly, enabling the use o...
COTI Partners with JaraNetwork to Incorporate Djed into Their Network
We are happy to announce another partnership, this time with JaraNetwork, an Open Finance Portal enabling access to unlimited financial services for emerging markets. The JaraNetwork bridges the gap between centralized and decentralized finance by giving Africans access to blockchain-enabled financial services. By adding Djed as a stable payment option, Jara is advandancing their goal to bridge the gap between centralized and decentralized finance. Abiola Shogbeni, Head Jara Network said: “Djed presents the ultimate foundation for creatives across emerging markets to leverage Cardano’s robust network and global economy to resolve long standing financial challenges. We resonate with Djed’s stable coin infrastructure and its approach toward frictionless international payments as it’s a critical need for Jara Network customers. We are excited to partner with Djed toward a common goal”. This partnership, along with some of the previous ones we have announced, will ensure the proper utilization of Djed across the entire Cardano ecosystem, and create an increased use-case for it across multiple platforms. Stay tuned for more updates. About Canza Finance Canza is building the world’s largest non-institutional-based financial system. Canza is utilizing Web3.0 and decentralized finance (DeFi) along with a robust network of experienced local money market players to distribute financial data and transaction-based services ...
Tech AMA Recap
Yesterday, we held a Tech AMA with two of our dev team, Guy and Yuval, to answer some more technical questions. The AMA took place on the COTI tech-dev channel on Discord. If you weren’t able to join, here is the full recap: Lidar: Hey everyone, thanks for joining us today for our technical AMA on Discord. My name is Lidar, COTI’s Community Manager, and I will be your host today. Joining me from our technical team are Guy, COTI’s Development and Technology Team Leader, and Yuval, COTI’s Full-stack Team Leader. Before we get started, I would like to remind you that this AMA is for tech questions only. Any other questions can be answered at our next Twitter Spaces that will be announced soon 👀 We will start off by answering some pre-submitted questions, then open the conversation up to everyone. The chat will be muted for the first part. So without further adieu, let’s begin. The first question is: “My question is regarding the Trust Chain and its mechanism. Originally COTI created the Trust Chain to be able to trust entities during the payment flow. However, is the trust score really useful anymore as it’s never been used and wouldn’t any other type of DAG chain just be as useful. Is Trust Chain now just a name for the chain rather than a useful mechanism for proving validity of payments?” Guy: Trust score is used on every transaction in the network. It specifies the SLA of the wallet in the network and...
More COTI (#COTI) News
|Cardano asset trading platform Tent integrates COTI stablecoin DJed
COTI, a DAG protocol optimized for decentralized payment networks, announced today that it a formed a partnership with Trading Tent, a platform for trading any type of native Cardano asset within two wallets.
Through this partnership, Trading Tent will integrate $Djed into their trading system to enable the stablecoin for buying and trading of Cardano NFTs, along with other native Cardano assets.
'The integration of DJed into Tent will add a new layer for traders to trade their favorite NFTs. Stablecoins like Djed are quickly gaining popularity amongst NFT marketplaces as an alternative solution to the volatility risks of traditional cryptocurrencies. We’re really excited to be along with the first integrations of DJed into day-to-day case uses.”
- Sam Portillo, Strategic and Creative Director of Trading Tent
Tent.io is a service that allows users to live-trade native Cardano assets (NFTs, tokens, and/or ADA) in a single transaction easily, securely, and instantly.
The post Cardano asset trading platform Tent integrates COTI stablecoin DJed appeared first on CryptoNinjas.
|COTI links with Cardashift to accelerate social & environmental projects...
COTI, a DAG protocol optimized for creating decentralized payment networks and stablecoins, has now announced another fresh partnership, this time with Cardashift, Cardano’s community-run launchpad. Cardashift will COTI explore possibilities to offer Djed to Cardashift and the projects it supports.
This partnership, among over 20 others, will support the development of the Cardano DeFi ecosystem.
“Cardashift is excited to announce its new partnership with COTI to support the development of the Cardano ecosystem. We do believe that strengthening links between Cardano major actors could be an efficient way to democratize blockchain technology! Cardashift and COTI will share knowledge to support impactful projects and create a virtuous Cardano investing ecosystem.”
- Vincent Katchavenda, CEO, Cardashift
Cardashift is a community-run launchpad that raises funds, builds, and accelerates startups that are solving social and environmental issues. Cardashift is based on the blockchain platform, Cardano.
“By working with Cardashift and exploring Djed possibilities, Cardashift is helping new businesses to succeed and scale their idea from start to end: with a finished product/service, We are happy to see more and more projects joining us to ensure Djed’s utilization across the Cardano Defi ecosystem.”
- Yair Testa, Head of Business Development, COTI
The post COTI links with Cardashift to accelerate social & environmental projects using Djed stablec...
|DAG-based blockchain ecosystem COTI launches $10M ecosystem fund
DAG-based blockchain ecosystem COTI, today announced the launch of ecosystem fund: COTI Ventures.
There will be an initial budget of $10 million USD, which will be used to invest in equity, tokens, and other forms of capital in early-stage startups developing solutions related to COTI's ecosystem.
'We're focusing on investing in strong and experienced founding teams with a robust business plan that relies on a great product-market fit and a quick time to market, thus creating strategic partnerships and encouraging new use cases for our tokens, products, or infrastructure.'
- The COTI Team
Recently, the fund has made its first investment in WingRiders, a new and encouraging Cardano DEX, joining other participants in the funding round that included cFund, Longhash, and others.
The second investment was made in ADASwap, which raised $2.6M in a recent funding round.
Both investments include a partnership with the projects, as well as Djed (crypto-backed algorithmic stablecoin that acts as an autonomous bank, developed by IOG and issued by COTI) integration into their platforms, which increases Djed's participation in trading through liquidity pools, Djed pairs, and more.
COTI Ventures welcomes builders and early-stage projects interested in collaborating with the COTI ecosystem to apply for investment by sending an email to: email@example.com.
The post DAG-based blockchain ecosystem COTI launches $10M ecosystem fund appeared first on CryptoNinjas.
|COTI Launches a $10 Million Fund for Ecosystem Development
The blockchain payments network COTI has unveiled COTI Ventures, which will focus on investing and capitalizing on the 'upside opportunity' in the COTI ecosystem.
The initial budget is $10 million, directed towards equity, tokens, and other forms of capital in early-stage startups developing solutions associated with the COTI's ecosystem.
As per the release shared with CryptoPotato, COTI's Chief Financial Officer, Yair Lavi, and a team of analysts and researchers will spearhead the fund. They will be tasked with identifying opportunities for collaborations and analyzing ways to contribute to the COTI business model.
In addition to the initial investment, the team will also guide the selected projects and leverage expertise, connections as well as resources to assist them in achieving their business objectives.
COTI says that the focus is to churn out 'strong and experienced founding teams with a robust business plan that rely on a great product-market fit and a quick time to market.' With this initiative, COTI joins the likes of Andreessen Horowitz (a16z), Sequoia, Bessemer, and Bain, which have established Web 3 and blockchain-focused funds.
While talking about his role in COTI Ventures, Lavi stated,
'I look forward to my new adventure as head of COTI Ventures. During my 4 years at COTI, I’ve seen our ecosystem, as well as our variety of products and services, grow tremendously, and the next evolution is to encourage new teams to work together with ...
|COTI Releases 2022 Roadmap: Plans to Focus on Becoming a Robust Payments...
The open-source payment infrastructure program COTI has released its roadmap for 2022 as it aims to position itself as a go-to Layer 1 for payments.
COTI's 2022 Roadmap
In a press release shared with CryptoPotato, COTI revealed that it is building a Layer 1 with its DAG-based Trustchain. It also plans to build the necessary tools required for mass adoption by providing wallets, banking solutions, processing tools, etc.
With the help of the MultiDAG 2.0 layer, COTI intends to issue more tokens on top of its Trustchain enabling developers, merchants, and enterprises to issue tokens with features such as scalability, high throughput, cost-effectiveness for payments like COTI Pay Business.
Expanding COTI from a one coin network to a Layer 1 with multiple tokens on top of it to be leveraged by consumers and merchants around the world remains the main goal behind the move. Development of MultiDAG 2.0 is currently underway and will be launched on mainnet in Q3. In the following quarter, COTI seeks to offer its enterprise clients to use of the MultiDAG technology for the purpose of stablecoins and other digital currencies issuance issue stablecoins.
COTI and Cardano
COTI also revealed that it will launch Cardano’s first-ever stablecoin Djed on testnet in Q1. After an external security audit is performed and the results are received, it will be deployed to the mainnet, which is slated for Q2. The focus will then be shifted to managing Djed’s liquidity bootstrap...
|COTI in 2022, The Relationship With Cardano, NFTs & BTC: Interview with ...
Shahaf Bar-Geffen is the CEO and founder of COTI Network, a blockchain-based payments network.
Bar-Geffen has a rich background in the tech field, and, believe it or not, back in 2016, he sold a media company by the name of Web3 to Mccan Erickson Group (IPG). He also founded a company called Positive Mobile - one of the first venues to advertise on smartphones and a company that was also acquired later on.
His crypto passion started in 2015 and became even more serious when he founded COTI in 2018. Since then, COTI had become a noteworthy player in the field.
In this exciting episode, we chat about what is COTI, its close relationship with Cardano, the CVI - which is the crypto version of the famous VIX, and of course the market sentiment and the recent trends - NFTs and the metaverse.
What is COTI? The 2022 Edition
First things first, COTI is a layer-1 protocol that has its own native chain. It's optimized to do payments - more precisely, consumer-merchant payments.
'This means that we've built everything from the grounds up to specifically solve the issues around payments.' - According to Bar-geffen.
Talking about the issues that COTI stands to solve, the world's underbanked population came to rise, and he argued that the currently existing system is just not cut to handle issues of this kind. Centralization, expensive transactions, lack of transparency - these are all just some of the challenges that COTI tackles, in the words of Bar-Geffen. He also explained some of...
|COTI Expands Staking Opportunities With Launch Of Its COTI Treasury
The COTI Treasury is finally up and running, giving community members with an appetite for greater risk more options to capitalize on their ecosystem investments.
Described as an “algorithmic and decentralized $COTI pool”, the COTI Treasury will grow over time as it collects fees on all COTI ecosystem transactions, and users will have the opportunity to earn some of those rewards by staking their tokens in it.
While staking has previously been available with COTI it has up until now had fairly limited functionality. With the COTI Treasury, users can set their own risk tolerance and benefit from much higher APYs, so long as they’re willing to accept a higher possibility of their deposits being liquidated.
“The Treasury binds everything that we do at COTI into one coherent system,” said COTI Shahaf Bar Geffen. “Our commitment is to continue to grow the ecosystem in terms of services, volume, and partnerships to enable lucrative rewards for our users”.
The way it works is this: First, the user decides how much $COTI they’re willing to deposit into the Treasury (any amount) and the duration they want to lock up their coins for. Then, they select the multiplier, which has a direct impact on the APY they’ll earn. A 1X multiplier comes with the lowest risk and, consequently, lowest APY, while a 4X multiplier can offer an extremely generous APY of 80% or more, depending on other factors, though such a high potential reward comes w...