COTI Team To Extend Team Lockups To 4 Years

COTI
COTI
Published in
2 min readJan 4, 2020

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Summary:

  • COTI’s team further commits by extending team lockups until June 2023
  • Changes apply immediately
  • More token metrics changes to follow

As previously announced, we are currently in the process of revising our token metrics. While the full set of changes are not yet fully complete, we’d like to announce that we will be immediately extending the COTI team’s token lockup while we complete the final revisions to the overall token metrics, which should be announced soon.

Since the inception of COTI in early 2017, we have been hard at work, ticking off amazing achievements like our MainNet, Decentralized nodes, MultiDAG and Universal Payment System. Our team, built from developers, researchers, economists, mathematicians, marketing and business developers have been the people behind all of these achievements.

To align the team’s interests with those of the ecosystem, a major part of the team’s compensation was in COTI coins. To further show the team’s commitment to the COTI project, the core team have decided to extend the lockup period of their coins until June 4th, 2023, setting the overall lockup to 4 years.

We believe that actions speak louder than words and have gladly extended this lockup of team coins. The revised team lockups appear in the link below. In the meantime, we’ll continue to ship and build.

Stay COTI!

For all of our updates and to join the conversation, be sure to check out our channels:

Website: https://coti.io

Twitter: https://twitter.com/COTInetwork

Telegram: https://t.me/COTInetwork

Github: https://github.com/coti-io

Discord: https://discord.me/coti

Technical whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf

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COTI
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COTI is the fastest and lightest confidentiality layer on Ethereum.