COTI’s closing words on the Binance community vote and our plans ahead

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COTI

3 min readDec 13, 2019

It was a great week and we would like to thank one last time to all COTI supporters around the world. We are humbled by your support and will do our best to be worthy of it.

COTI will continue building and growing and there are lots of exciting developments ahead of us.

We would like to thank the Binance team once more for giving us the opportunity to participate in the Binance community vote, and we congratulate VITE for winning this round.

As mentioned in Shahaf, COTI’s CEO, last announcement yesterday COTI has been exposed to hundreds of thousands of people this week.

Here are some amazing stats from our Twitter and Google Analytics:

3X more people visited our website during the past week than the week before.
65% of them visit our website for the first time.
On Twitter, we had 3.5X more profile visits in December than we had in November, though the month is not over yet.
We welcomed 2,105 new Twitter followers to the COTI family
There were 8X (!) more COTI mentions in December than in November, and we are only halfway through the month
We did 17 AMAs over 2 days with over 250,000 people
We’ve had over 1000 people join our telegram group this week

We are happy to welcome all the new followers and members to our warm community.

Our fundamentals remain strong and we continue to build and ship. This is not the end, it’s a beginning. So what are our plans ahead?

1. Our MainNet is live since June 2019. We are now working on adding Nodes and staking in the coming weeks so COTI holders can benefit from that. Read more here: https://bit.ly/2mqG6Dl

2. Another key release coming on our MainNet is MultiDAG, the first-ever DAG that lets you issue tokens on top of the base protocol, like ERC20 on Ethereum https://bit.ly/2HGjvcQ. This is also coming quite soon.

3. We are already processing $5 million USD every month as can be viewed on our block explorer (https://explorer.coti.io/). Credit Card processing will be live soon, and we expect to process over $10MM USD / month in less than a quarter.

4. With that ready, we can start working our way to instant settlements on our Trustchain, and Defi elements of interest to holders and working capital loans to merchants (https://www.youtube.com/watch?v=7v_ruHS483g&t)

5. The Universal Payment System is well underway with the Crypto processing elements in place for BTC and ADA, with more to follow soon. https://medium.com/cotinetwork/announcing-the-first-release-of-the-coti-payment-gateway-4a9f3e515b86
https://medium.com/cotinetwork/adapay-solution-is-now-live-13b5ca506f37