COTI is dropping announcements every other day of new partnerships rolling out on their new COTI V2 Mainnet and the beauty of this I do not have to keep up with all of this. Over the last 42 months I have been accumulating and staking which has set me up for the positions I now hold and I am almost ready for whatever the future holds.
I am expecting that the partnership announcements will continue on throughout this year and next year with some really big ones still to drop. There has been no major surprises as yet and we know of a few COTI cannot reveal due to the projects have to announce this themselves. This is all highly confidential until the other party is ready to reveal and officially announce who they are.
We know ADA, SOL, XRP, LINK are doing development behind the scenes incorporating the privacy element COTI V2 offers. COTI V2 is an Ethereum L2 token so this is all readily available for ERC20 tokens. The other country with a COTI developed CBDC we do not know as yet, but my hunch would be a country in the Middle East. I say that as COTI is busy working with the Saudi's with regard to tokenization on real world assets.
As you can see from the above charts the transactions have started to increase slowly. As an investor this is exactly what you want to see as the demand and use for COTI is increasing. I look at COTI more in terms of a gas token these days as this is what is used to pay for transactions on the blockchain.
The important part is the usage and more transactions are needed which will happen as each partnership rolls out. We need to see the number of COTI being spent daily in the thousands next and then tens of thousands. The fees generated from these transactions filter back to those who have stakes in the form of an increased APR which is where the real staking value lies.
COTI being used in DeFi will generate millions of transactions daily and all we need is patience letting the developers do their thing. I have mentioned in the past this is not just crypto related privacy and there is real world online use cases such as smart phones which COTI V2 would encrypt your information. Anything that has a password could incorporate COTI and why this technology is far bigger than what we are seeing as the eco system currently. The upside is that big and this will take some patience because this will be rolling out continuously growing in demand for may years. Give the world a chance as they ae only coming to terms with crypto going main stream due to all the years of FUD. Who would have thought crypto is not a scam and actually has tech developed that the rest of the world needs.