COTI is excited to announce its new chapter.
Today, Coti Foundation is shifting gears from pure development to a blended approach, to further the adoption of COTI and its privacy ecosystem. The foundation is now critically tasked with creating purpose-built applications that fulfill utilities in daily life, while ensuring transaction privacy.
1. Coti Foundation New Strategy
In the coming weeks, Coti Foundation will publish a detailed expansion to COTI's roadmap, with an emphasis on expanded COTI token spending ability.
It serves as a decentralized ecosystem, which companies and merchants across the world can join to expand their payment rails to include a privacy infrastructure. The foundation exists to champion this cause.
The current management will step down and COTI will come under the direction of ZK Foundation, led by Robbie Vander, who has deep experience working in web3 venture space. That network will now spearhead COTI's focus on business development.
2. COTI Token
This shift is designed to take the network and its asset to new utilities, led by a consortium that will focus on regions across the world.
Exciting new methods to use and spend COTI tokens are due soon this year.
3. Privacy Market Distinction
The biggest company in web3 is not an exchange or trading firm. Privacy firms are mostly focusing on trading.
The industry's kingpin is Tether, for their emphasis on making a spendable currency. That is going to be COTI's focus.
Rather than solely creating private trading tools, Coti Foundation is going to emphasize making private transactions a part of daily life. In a seamless, united interface.
We will soon announce an AMA with Robbie so the community can get a deeper grasp of the new vision of Coti Foundation.
4. Closing Points
Under Shahaf's leadership, COTI built much of the technology and institutional foundation that makes this next phase possible. He will continue to bring that experience to COTI as an advisor.
Robbie's vision goes in full effect with COTI 2.0 campaign, which starts next month. Get ready!