COTI FOUNDATION CHANNEL
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Welcome to the COTI Foundation Official Telegram Channel! Here you will find all the news and updates from the COTI team. Got any questions? Chat with us in our official group https://t.me/COTInetwork
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Every great payment system has a great wallet. This is why we have been working hard on improving COTI’s wallet, for the benefit of COTI’s holders, consumers and merchants alike.
COTI Pay is going to be our one wallet to rule them all.
COTI Pay will include a revamped design for our MainNet wallet, iOS/Android native app, Multi-Asset support (including BTC and Stable Coins), full Staking 2.0 console, Interoperability Bridge integration, Optimized Fiat On Ramp, 1-click payments, easy Send/Receive, DeFi and Virtual Debit Card.
VIPER IS COMING.
We explain everything here: https://medium.com/cotinetwork/coti-pay-and-cotis-wallet-strategy-61b53f1ca43
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As promised to Node operators, we have been reevaluating our recent fee policy, allowing nodes to compete and set their own fees.

Our commitment is and will always be to consumers and merchants that use COTI. If we stay committed to our clients, their business with us will grow and that will have a positive effect on the network, the demand for COTI, and of course on rewards paid to node operators and stakers.
By enabling nodes to set their own fees, we introduce dynamics of competition, constantly improving the level of service while lowering costs.

All of that remains true.

However, we may have opened up the competition between nodes too soon. The network will be better having a fixed policy for fees until the number of nodes will grow substantially. Letting 8 nodes which are the pillar of our network compete, may destabilize the network instead of improving it.

Hence, as of June 15th 2020, we have rolled back the policy we have introduced on June 1st 2020 to the previous one: Fees are set by COTI and are network wide. The node fees rate will also roll back to the default value of: min(0.01%, 25 COTI). Fees that were collected prior to the roll back will be kept by the nodes and stakers.
We’ll revisit this policy periodically as the number of nodes grow.

We’d like to thank our strong community of node operators for speaking out and sharing their thoughts with us. Building a new economy, even on a small scale, is a constant learning experience and we’re happy to learn.
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COTI's Trustchain is the base infrastructure for our systems and products. We have recently introduced our growth plan, product roadmap, and the new COTI Pay ecosystem. Supporting such an extensive growth of our processing volumes will require fortifying our network. Hence, it's time for Trustchain 2.0!
Read this article for the full Trustchain 2.0 details: https://medium.com/cotinetwork/the-continuing-growth-of-cotis-trustchain-trustchain-2-0-8c2212ee61ef
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Join COTI for a live AMA with Indodax in their official Youtube channel.

📆 When: June 24th at 12:00 pm UTC
📍 Where: Youtube.com/Indodax
*3,000 COTI will be given to the quiz winners.
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Curious about Blockchain Dollars? COTI will reveal it for the first time during an AMA with Wolf Crypto, on June 30th 1pm UTC.
We'll also be covering the latest with COTI Pay VIPER, Trustchain 2.0 and some other surprises.
Where: https://t.me/WolfCryptoPub
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Less than a month ago we launched our first staking campaign on Binance and filled the 20M COTI allocation in 1:15 minutes, setting a record time on the Binance platform!
Now it is time for the second Binance Savings campaign. Hurry up, it is now LIVE!
Read all about it here: https://medium.com/cotinetwork/coti-x-binance-staking-campaign-flexible-savings-1e976a85cd51
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COTI's CEO, Shahaf Bar-Geffen, and CTO, Dr. Nir Haloani, have been invited to speak at the CARDANO Virtual Summit 2020, Shelly edition. They will be giving a talk about the ADA Pay solution developed by COTI.
Join the virtual summit on Thursday, July 2nd at 7:00 PM UTC and hear them out.
*The link to the live conference will be given closer to the event.
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Meet GeordieR Node, the new addition to COTI's Community nodes and the 5th of its kind, operated by one of COTI's most faithful community member. This node is opening more staking spots and adding another 5M COTI into the staking volume. Read all about it here: https://medium.com/cotinetwork/coti-adds-a-new-community-node-meet-the-geordier-node-7c097166c26f
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COTI's CEO, Shahaf Bar-Geffen, and CTO, Dr. Nir Haloani, have been invited to speak at the CARDANO Virtual Summit 2020, Shelly edition. They will be giving a talk about the ADA Pay solution developed by COTI.
Join the virtual summit on Thursday, July 2nd at 7:00 PM UTC and hear them out.

👉 To participate and watch the conference, register here: https://www.ubivent.com/register/cardanovirtualsummit
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June's Staking Rewards Are Here!
With over $8M volume processed in June, we are happy to say that the rewards for June's staking have been successfully distributed with an annual return between 24% and 43%. Read more about it here: https://medium.com/cotinetwork/junes-staking-rewards-are-here-77aed49e4c81
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Blockchain Dollars Revealed!

We have designed a slick custodian wallet with intuitive UI that allows gaming merchants to accept stable coins as a form of payment based in a white-label version of COTI’s payment infrastructure.

Curious? Read more here and watch the DEMO: https://medium.com/cotinetwork/blockchain-dollars-revealed-8ea095fd0ae6
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Ask COTI's CEO Anything! This Tuesday, July 14th at 13:00 UTC, Gate.io will host our CEO, Shahaf Bar-Geffen for a LIVE AMA. So prepare your best questions and be ready for great insights about COTI.
All details here: https://www.gate.io/en/article/17619
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COTI Pay v1.0 “VIPER” is coming soon and we thought it would be the right time to give you a glance at the newly designed wallet! VIPER will launch as a new design to our MainNet wallet, revamping it completely with a new sleek responsive design.
Let us give you a sneak peek at the fresh brand new design of COTI Pay:
https://medium.com/cotinetwork/coti-pay-viper-is-coming-a-preview-of-the-new-design-48540b8ec774
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COTI is now available on Hummingbot with a Liquidity Mining campaign. This partnership allows COTI and Hummingbot users to run their market-making strategies for COTI and get rewarded for it!
Read all about it here: https://medium.com/cotinetwork/coti-is-now-available-on-hummingbot-a-new-source-of-liquidity-for-coti-coin-421aee0d03e9
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Hummingbot team organizes a live webinar for our community!

On Monday, July 20th at 4 pm UTC, Hummingbot will hold a zoom session in order to provide all the information needed to our community about how the liquidity mining campaign works and will answer all your questions. Don’t miss it and join the live webinar to make the best use out of their bot!

Register here 👉 https://www.eventbrite.com/e/coti-liquidity-mining-webinar-how-to-use-hummingbot-tickets-113830002602
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COTI is now listed on WazirX, the largest Indian exchange, with the COTI/USDT pair available for trading from today at 04:00 pm IST (10:30 am UTC). To celebrate this new listing, WazirX will conduct a trading contest offering a reward.
Read all about it here: https://medium.com/cotinetwork/coti-is-now-listed-on-wazirx-the-largest-indian-exchange-39cdfcc15c68
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Game changer for COTI: You can now directly purchase COTI, all over the world, using credit and debit cards!
COTI
joins the elite club of top currencies like BTC, ETH and XRP as purchasing COTI becomes far more accessible and easier now. This is facilitated through our partnership with Simplex and adds a huge liquidity source to our network, while improving our enterprise offering.

Read all about it here: https://medium.com/cotinetwork/coti-can-be-purchased-directly-by-more-than-35-fiat-currencies-using-credit-cards-and-debit-d7cfb1690ff0
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