COTI launches COTI Earn loyalty platform - Cryptopolitan
In this post: COTI has launched its COTI Earn loyalty platform for its ecosystem. COTI stated that all actions on the loyalty platform are rewarded, with 12.5 million COTI tokens in rewards. Users can also...
In this post:
- COTI has launched its COTI Earn loyalty platform for its ecosystem.
- COTI stated that all actions on the loyalty platform are rewarded, with 12.5 million COTI tokens in rewards.
- Users can also generate revenue and earn daily rewards by holding selected assets on the COTI Network.
Privacy-first blockchain infrastructure layer COTI launched its official loyalty platform, COTI Earn, on Tuesday for the COTI ecosystem. The company also announced that Season 001 starts with Genesis live, featuring 12.5 million COTI tokens in rewards.
Unlike traditional airdrops that reward signups or superficial activity, COTI Earn turns every user interaction into Token Points (TPs). TPs are tokens that are minted on-chain daily and dropped to users’ wallets. COTI promises that all actions in the loyalty platform are rewarding, from holding and trading assets to referring friends and engaging socially.
Users earn daily rewards by holding selected assets
The company confirmed that all rewards in COTI Earn are liquid, since TPs are on-chain. Users can also generate revenue and earn daily rewards by holding selected assets on the COTI Network.
COTI revealed that there will be seasonal drops, bringing new rewards and fresh reasons for users to connect. According to the report, users will also have the opportunity to unlock badges and boosters for being early adopters and actively participating in the ecosystem.
COTI Earn will also include leaderboards, where users can climb the ranks and compete with their peers. COTI acknowledged that the new initiative is built for everyone, from traders to referrers to day-one believers.
“COTI Earn is designed to recognize real users and real contributions to the ecosystem. As on-chain activity increases, loyalty platforms must evolve to be transparent, fair, and rewarding by design. Platforms running on vanity metrics simply won’t stand the test of time.”
-Shahaf Bar-Geffen, CEO at COTI.
Users will have to connect their wallet to earn.coti.io. The company said users who hold supported assets, including wETH, wBTC, USDC-e on the COTI Network or COTI, gCOTI in the Treasury, will automatically begin accruing rewards.
Additional actions like trading on PriveX or Carbon DeFi, joining social channels, completing quizzes, and referring others, will earn users even more rewards. COTI acknowledged that a bridging experience via Hyperlane Nexus makes it easy for users to onboard into the COTI ecosystem.
COTI delivers privacy infrastructure for Web3
COTI acknowledged that it delivers foundational privacy infrastructure for Web3, arguing that it’s the last missing piece needed to scale blockchain to institutions and enterprises. The company highlighted that the blockchain is transparent by default, where every wallet, transaction, and position is visible.
COTI said its mission is to deliver fast, scalable, and compliant confidentiality to the entire blockchain ecosystem. The company confirmed that its privacy layer is live and is already deployed across Ethereum and more than 70 chains. COTI revealed that it’s powered by Garbled Circuits, which allows its blockchain infrastructure to enable on-chain private computation without compromising on composability, cost, or performance.
The blockchain infrastructure layer stated that its ability to deliver programmable privacy across chains at scale makes COTI a foundation for privacy-preserving financial infrastructure, such as private stablecoins and payments, in partnership with MetaMask, MyEtherWallet, Cardano, and IOG. The company added that it also makes COTI a foundation for confidential DeFi (PriveX, Bancor, Carbon DeFi), RWAs, and tokenization (Plume, Tokenized Asset Coalition), as well as government and CBDCs.
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