who will swap from v1 to v2. So lets say v1 holders 1B will swap.
We have 3B circulating?
Initial circulating supply will be 2B
Including the swap from v1 to v2?
Point is, we are not at 2 billion now. We are around 1.2 billion. Start of 2025 we will have 2 billion , so thats a big jump. 1.2/1.3 to 2 billion in 1 jump. The release shedule before v2 was every few months we add a little more to the circulating. So normally we should reach 2 billion in 2032. So instead of small bits. There will be added like 35/40% of the supply at once when V2 starts. Me personally, im very surprised. Like another kick in the ass of the investor (i.m.o)
Imo most of that 600million will be the 🥕 for folk to relock in March April.
What about the US investors? The gCoti drama all over again
Interesting , does that mean that you think that the rest of the increase from 2 Billion to 3 BIllion will have the 58% of the amount which would be about, 580,000,000 given in airdrops to the community. This really needs to be explained by the team as so far we have very partial information which is actually worse than having no information. It seems that many people (myself included) are making assumptions as we have no real facts to go on.
The team have said that there will be an opportunity for US users to also take part in the swap to V2
From V1 to V2 migration will be 1:1; however you are planning inflationary supply approximately 4B. So, as an investor of COTI, if we have 1% of total Coti will be 0.5% with migration. It is not fair.
Detailed information on this will be available with V2 whitepaper
Majority imo will be given away as incentives to relock. I may be wrong but with the sentiment going about now it would be the smart thing to do to potentially keep investors/attract more to re lock.
You are right on that, newcomers are selling there coti's and losing there fait. A "soft" update in the next couple of weeks what's going on will be nice.
Doesn’t make sense from a long term perspective. You will have the same problem again in march/april 2025 when the new lock period expires.
By then coti will hope they will be in a totally different position where they won't need to offer such incentives.
We also thought that about april 2024… fully operational PPN, more fees from djed, djed pay, djed 1.2/1.3, treasury 2.0 etc.
Think this would be fair to assume will happen by 25 now
It will be fair that the slice of the pie of the V1 Citi holders will be the same in Coti V2. Iff that will mean a ratio 1:2, 1:3, 1:4, ..... so be it. I hope greed (like a lot of companies have these days) is not slipping in to the coti team, and blur there vision. There are a lot of old and early coti holders that give them there trust and they can build on that to be the company what they are now. Let trust be one of coti's biggest pillar of foundation!
I've seen crypto companies that literly just forget the previous community and just make a new coin and start a fresh. Nothing is stopping coti doing this (legally). Fact they are making a brand new coin but migrating us lot over shows they still care enof about us. Yes it would be shady if they didn't do this but I've seen (and was invested) in a crypto company that did this before. Obviously the old community were absolutely fuming.
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