This announcement came through 2 days ago via the COTI Foundation and I do not think there are major changes to the tokenomics with regard to the circulating supply economics besides extra liquidity on Ethereum for the POD use cases. We shall find out tomorrow as that would be the count down timer ending with more news being revealed.
The burn mechanism is going to be a factor I am interested to see and how this changes or if they have changed anything at all. The user growth will come from the blockchains COTI services and are live on AVAX with Ethereum imminent which will be big news for crypto.
The Ethereum announcements will be something else especially with DeFi on Ethereum being so big. The roll outs will be interesting as we know there is another unnamed major blockchain and could they launch before Ethereum? With every blockchain using COTI POD we are talking about more transactions which ultimately burns more COTI so the burn mechanism will be key to the future tokenomics of COTI.
No point in guessing even though i think this person is on the right track. and will be similar to what is mentioned above. COTI is very different to all the other privacy protocols on offer as the POD is integrated with the blockchain and you do not have to move off the blockchain you are on.
COTI is a service provider providing their privacy tech on as you need it type of requirement so one can switch in and out seamlessly. Blockchains need what COTI has and COTI needs the blockchains to use their tech.
Above is an example of an account on AVAX using the POD whilst remaining on AVAX and the entire process took 26 seconds. The POD takes place on COTI Mainnet behind the scenes and just works.
What is clear is AVAX was being held back due to a lack of privacy and is slowly starting to grow with these announcements. These are serious numbers with this one being the new York Life Investment Management who have $807 billion in investments. These companies have to be seen as the new liquidity coming into crypto or using the blockchains for their tokenized funds.
This week will kick off the 30 days of promised announcements which seems like anormal month for COTI as the announcements never seem to stop. The one good thing about all of this is COTI is always in the crypto news so many more investors are taking notice.
Once the POD transactions are highlighted and reflecting against the burning mechanism we should start to see the COTI price increasing. Many thought we would see a major price move but as we know this takes time to filter through and tech can take many months to show the value created. There is no rush because at some point price will reflect the technology COTI has developed through genuine real world use cases so patience is needed until that happens. This is still the time to grow the bags and accumulate as quickly as possible before the price rises.