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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We're thrilled to report that December is indeed our best month to date, clocking $15.1M USD in merchants' processing volume!

The growth of volume on the Trustchain directly benefits the stakers and node operators of COTI by paying lucrative rewards.

Not only that, but the growth of processing volume has allowed us to do substantial buybacks of $COTI from the market. We can now share that we bought for our merchants more than 35M coins from the open market during 2020, as part of our coin purchase plan. Read all about it: https://cotinetwork.medium.com/all-time-high-month-for-coti-breaking-15m-in-december-2020-in-processing-volume-63774e09f717
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December staking rewards have been successfully distributed on December 1st to all COTI MainNet stakers.https://cotinetwork.medium.com/december-staking-rewards-have-been-successfully-distributed-c6ebd7d60603
In 2021 we will be exploring ways to expand the capacity of our staking program. Stay tuned
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CVI Platform and Competition — Update for January 4th
Amazing participation so far with more than $7.3M test USDT trading volume. The trading's stats will be updated on a daily basis and we invite you to take a look at the current state of CVI:
https://cviofficial.medium.com/cvi-platform-and-competition-update-for-january-4th-744ecf3b1fbf
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Everything You Need to Know About CVI: Chapter 3 - Providing Liquidity: What and how
As we are getting closer to the CVI trading platform launch on MainNet, we continue to release a series of articles and guides, detailing the CVI index and trading platform. In the following article, we’ll explain how to provide liquidity to the platform, and we’ll present the most common strategy for liquidity providing. Read here:
https://cviofficial.medium.com/everything-you-need-to-know-about-cvi-chapter-3-providing-liquidity-on-cvi-7090d10aefaf
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CVI Platform and Competition — Update for January 5th
New users joined the competition and we are now counting more than $8.4M test USDT trading volume. The trading's stats will be updated on a daily basis and we invite you to take a look at the current state of CVI:
https://cviofficial.medium.com/cvi-platform-and-competition-update-for-january-5th-7cbdaef0e9bd
Why holding Crypto Volatility Index (CVI) was a better trade than holding Bitcoin these last few days
Read here our latest market analysis showing you exactly why the CVI index is so needed for investors: https://cviofficial.medium.com/why-holding-crypto-volatility-index-cvi-was-a-better-trade-than-holding-bitcoin-these-last-few-a0c1f5fb9681
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CVI Platform and Competition — Update for January 6th
New users joined the competition and we are now counting more than $9M test USDT trading volume. The trading's stats will be updated on a daily basis and we invite you to take a look at the current state of CVI:
https://cviofficial.medium.com/cvi-platform-and-competition-update-for-january-6th-7a2a2a065ae2
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2021 has a strong start and we are pleased to present to you our roadmap for the first half of 2021.
In the next 6 months we will be focusing on the following milestones:
COTI Pay - Bank accounts and Debit cards, iOS app
COTI Pay Business solutions for merchants including new versions of AdaPay, Ultra eWallet and Blockchain Dollars
Infrastructure Upgrades, including new native listing, Ledger support and Staking 3.0
Licenses - new licenses, including Payment institution, Singaporean exchange license and the much anticipated EMI license
DeFi - Crypto Volatility Index, $GOVI, Celsius ($CEL) partnership

See the roadmap here and read what is planned: https://cotinetwork.medium.com/cotis-roadmap-2021-s-first-half-ae8f2d8f08fe
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Ultra 2.0 is coming and will be launched with Dafabet, one of the world's biggest gaming platforms. Here is an update and scope of what the version will include: https://cotinetwork.medium.com/ultra-ewallet-2-0-product-highlights-9447a02200b
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The CVI beta platform competition results are here!
More than 1700 users participated in the competition with over 15M test USDT locked into the platform. All users competed to get a share of the reward pool of 150K $GOVI. Yesterday we concluded the competition and we are happy to show you the final results. All details here: https://cviofficial.medium.com/cvi-beta-platform-competition-the-results-ceedd2d1deb3
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We are proud to announce the release of the Crypto Volatility Index (CVI) on MainNet.
The platform users can now connect with their Metamask, deposit USDT and buy positions or provide liquidity to the platform here:
https://cvi.finance/platform
In the MainNet version, we implemented new features and fixed some bugs we saw from the Beta testing phase. In addition, we've prepared a full tutorial to help you better understand the CVI features and trading options.
Read all about it here: https://cviofficial.medium.com/the-crypto-volatility-index-is-now-live-on-mainnet-a6dd2b56764f
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Tomorrow, January 21st at 15:00 UTC (10:00 AM EST) watch live Shahaf Bar-Geffen interviewed by Ran NeuNer on Crypto Banter.
https://rebrand.ly/crypto-banter-live-show

We encourage you to join the show and call in, the call in details will be here:
https://rebrand.ly/crypto-banter-telegram
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COTI Integrates Chainlink on MainNet to Decentralize CVI Index

We’re excited to announce that we have now integrated Chainlink on MainNet, making this integration the final stamp for CVI to realize its ultimate vision of being a decentralized, stable, transparent, informative, and replicable benchmark for cryptocurrency volatility information.

Johann Eid, Chainlink Product Manager stated that "Bringing an important and unique data set like CVI to the DeFi ecosystem helps facilitate novel DeFi products, further maturing the market and enhancing its ability to compete with traditional finance.

We'd like also to take this opportunity to thank the Chainlink team for this great partnership.

Read the full article to understand how using Chainlink is highly valuable to power CVI: https://medium.com/cotinetwork/coti-integrates-chainlink-on-mainnet-to-decentralize-cvi-index-48bbc4ddf848
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Paywize continues to break records in merchant acquisitions, marking another record month in December 2020 with over 339K transactions and new top clients. Read the full update here: https://medium.com/cotinetwork/paywize-continues-to-break-records-in-merchant-acquisitions-marking-another-record-month-in-9fc9ecabbef2
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COTI and CVI's feedbacks & suggestions box is here!
If you have a constructive feedback, a suggestion, an illumination, a bug report or any other feedback you think is worth sharing with the COTI team for improvements (in any matter/subject), make sure to send it to us through this form:
https://forms.gle/kYAYeMXA49tinyjb6
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COTI lists as a Payment Institution in Singapore
We have always believed that meeting strict regulatory requirements will pave the way for institutional adoption of cryptocurrencies and thus have been working hard on obtaining various licenses in different jurisdictions to support our operation and clients.

For the full details about the payment institution license read here: https://cotinetwork.medium.com/coti-lists-as-a-payment-institution-in-singapore-666c6fcaaab4
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📬 COTI Recent Highlights 👀

📌 The Crypto Volatility Index (CVI) has been released on MainNet.
The platform users can now connect with their Metamask, deposit USDT and buy positions or provide liquidity to the platform here:
https://cvi.finance/platform
https://cviofficial.medium.com/the-crypto-volatility-index-is-now-live-on-mainnet-a6dd2b56764f

📌 The Crypto Volatility Index has achieved the $500K mark!
With this goal achieved, $GOVI tokens will be distributed to all participants.
Distribution will take place this Sunday 31.1, 12pm-4pm UTC.

📌 COTI Will Integrate Chainlink on MainNet to Decentralize CVI Index. This integration will be the final stamp for CVI to realize its ultimate vision of being a decentralized, stable, transparent, informative, and replicable benchmark for cryptocurrency volatility information.
https://medium.com/cotinetwork/coti-integrates-chainlink-on-mainnet-to-decentralize-cvi-index-48bbc4ddf848

📌 Paywize continues to break records in merchant acquisitions, marking another record month in December 2020 with over 339K transactions and new top clients.
https://medium.com/cotinetwork/paywize-continues-to-break-records-in-merchant-acquisitions-marking-another-record-month-in-9fc9ecabbef2

📌 COTI lists as a Payment Institution in Singapore
https://cotinetwork.medium.com/coti-lists-as-a-payment-institution-in-singapore-666c6fcaaab4

📌 On January 21st, Shahaf Bar-Geffen was interviewed by Ran NeuNer on Crypto Banter. If you missed the live interview, you can still watch it on the Crypto Banter Youtube:
https://www.youtube.com/watch?v=Zo_5mYpBtcw

📌 COTI and CVI's feedbacks & suggestions box is here!
If you have a constructive feedback, a suggestion, an illumination, a bug report or any other feedback you think is worth sharing with the COTI team for improvements (in any matter/subject), make sure to send it to us through this form:
https://forms.gle/kYAYeMXA49tinyjb6
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