input including admins.
Please past onto the COTI senior management team. I’ve been a long term investor.
1. COTI is primarily a payments platform. While there is huge demand, there is also a lot of competition: apple pay, ali pay, other cryptos e.g. crypto.com pay, utrust etc
Realiastically how can we compete?
2. There’s been no data on how COTI has been used..in the past it’s been “15M transactions per month”…cannot verify this as numbers could be based on other metrics we don’t know. Now, no transaction figures are provided.
I’m talking about *actual use to buy things* like a VISA card
3. Djed launch has been good. But again, competition with USDC…and so many stablecoins out there. Hasn’t proved itself to be safe yet. Huge potential there. How do we compete with USDC?
ALso, not backed 1-1 USD like USDC…so how can COTI compete if just based on “alogorithmic stability”? It’s a big risk.
4. Promise of new partnerships with big companies, but only ones I’ve seen are gambling organisations that dont’ have accesss to traditional payment networks. ANyone know any other companies COTI is partnered with that isn’t payments or “underground” type organisations?
1. Please watch latest video about our COTI Pay business: https://youtu.be/u1_AJSZuzX8 3. Why should we compete with USDC ? It’s fiat backed stable coin, DJED built differently, it’s over collateralized stable coin backed by ADA (crypto asset). I guess you should learn more about DJED, let me know and I will share some articles. 4. COTI's latest Business development (MOU's and partnerships) : 👉🏻 Agoda (daughter company of booking.com) 👉🏻 an online gaming company with over 1 million unique users every day. 👉🏻 A major Israeli Bank 👉🏻A Major Israeli Medical Institution 👉🏻 Rudder Consultancy
This 1 million unique users everyday was not valid right?
Yes, sorry. For the gaming company, the stats are around 2 million unique users per month and not 1 million per day.
And all this will somehow affect the capitalization of COTI?
Its a big question now, what more safe, taking into account latest bank crashings and usdc depeg )
more fees generated = more coti rewards = greater incentive to hodl = new interest and greater buying pressure as new folk see the networks value
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