4 years ago, people bought Coti for 0.065$ at Ico.

Question

4 years ago, people bought Coti for 0.065$ at Ico.

Coti target was to replace PayPal instant payments with any currency through Coti innovative tech +EMI license.

4 years later we have Cvix, Djed, Treasury, gCoti we are sitting at 4 cents. Still no Emi license and no PayPal competitor yet. Ecosystem not really creating any buy pressure, or high apr...

Did the monthly processed volume for Coti trustchain ecosystem even increase last two years? Is there any hope for a game changer coming which turns this around to the good?

#coti #cryptocurrency #english

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26.07.2023

14 ответов

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Sammy

Very good points? Any one care to respond?

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26.07.2023

Hans

Sammy
Very good points? Any one care to respond?

Not yet that long with COTI....2 years ago the EMI issue was quick off the table, instead payment system for companies was the new approach

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26.07.2023

Rick Sheron Автор вопроса

Hans
Not yet that long with COTI....2 years ago the EMI...

Let's discuss, who thinks this payment system for companies works well for Coti and it's holders? Is the monthly volume/ revenue increasing last two years?

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26.07.2023

Rick Sheron Автор вопроса

What is coming to turn things around and bring some hype?

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26.07.2023

Hans

Rick Sheron
Let's discuss, who thinks this payment system for ...

No....this is still in progress, as last AMA fm Shahaf the work with potential customers is increasing in pace. Results expected end this year. Another result is DJED implementation, bit stalled through bears now, but in future definately a winner.

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26.07.2023

Gladiator Boog

Rick Sheron
What is coming to turn things around and bring som...

Well, honestly idk...im already holding for some years. Hoped for some kind of working product for any enterprise. But i see to much focus on other things. ( my opinion)

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26.07.2023

Rick Sheron Автор вопроса

Hans
No....this is still in progress, as last AMA fm Sh...

Why is Coti not creating kinda Djed with Usdt or Usdc or even Gold/silver or bitcoin by themself? To make it 4-8x safer to hold a stablecoin, Gold or Btc if a bank goes bankrupt for example. Ada could go to Zero anytime like Luna if ecosystem fails. Even a 8x won't safe it if it goes quick. I wouldn't expect a billion $ marketcap based on a super high risk asset leaded by Hoskinson. Still a lot of hot air watching Cardano TVL locked. Ok Coti team created a Cardano Djed stablecoin and made good job building it. But still it depends on Cardano to not go to Zero. Why not creating a super stablecoin with trust assets by themself?!

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26.07.2023

Yeu Sheng Teo

Rick Sheron
Why is Coti not creating kinda Djed with Usdt or U...

Trust cannot be built on something that is built by the same party. Ada is not coti. there is more tendency to trust it by external parties

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26.07.2023

Hans

Rick Sheron
Why is Coti not creating kinda Djed with Usdt or U...

That might be an interesting project indeed. I am not to much technically into that, but I believe it is not easy and a loooong way

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26.07.2023

Vladyslav | COTI

Rick Sheron
Why is Coti not creating kinda Djed with Usdt or U...

You’re confusing all things with DJED. It’s not a stable coin backed by fiat, it’s overcollateralized stable coin backed by crypto asset which make it decentralized, also the structure is unique and prove itself that peg can be maintained.

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26.07.2023

Stefan | COTI Unity Node (testnet) Y

That‘s Djed 1.3 and is already planned.

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26.07.2023

Vladyslav | COTI

Stefan | COTI Unity Node (testnet) Y

That‘s Djed 1.3 and is already planned.

He said about about different thing, that stable coin backed by crypto is not that safe. I can’t agree also from the stretch we want to make decentralized like real crypto stable coin without any connection to fiat world

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26.07.2023

Rick Sheron Автор вопроса

Vladyslav | COTI
You’re confusing all things with DJED. It’s not a ...

Nothing against decentralized over collateralized crypto stablecoin. But with Cardano it's wild, still a high risk asset that could collapse and go to Zero. Why not building the first over collateralized decentralized Btc stablecoin by Coti itself where partial fees flow to treasury and stablecoin holders. Insured by a decentralized insurance. The all in one package

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26.07.2023

Asta · Accepted Answer

Asta

That’s what I’d like to know too! Because we don’t know how many transactions Coti is processing per day.

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26.07.2023

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4 years ago, people bought Coti for 0.065$ at Ico.

14 ответов

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