We have made a strategic investment in COTI to support its ecosystem and advance the development of privacy solutions on L2.
The project announced that this is the biggest upgrade for their infrastructure, and the Ethereum L2 will use new technology that aims to be 10x faster and lighter than ZK solutions. With the increasing importance of Ethereum privacy solutions, COTI is a project with strong potential.
Founded in 2017 as a payment-focused L1 platform, COTI is now transitioning to a privacy-centric Layer 2 solution on Ethereum. COTI V2 introduces smart contracts using Garbled Circuits, promising faster computations and enhanced privacy.
The COTI foundation announced a $100M fund to grow the COTI V2 ecosystem. The team has already achieved several significant milestones.
They have a large community, with a Twitter following of over 250K, and recently announced a $100M fund to grow the COTI V2 ecosystem. The $COTI token is the core of the privacy L2, creating value from development and network usage. It is trading on Binance, Coinbase, KuCoin, HTX Global, Gate.io, and Kraken.
Learn more about COTI: https://coti.io/
