Ecosystem Partnership Announcement: Cogito to Partner with COTI/DJED
Cogito will leverage the COTI-developed stablecoin DJED to increase tracercoin stability
SingularityNET is excited to support the recent announcement by our Cogito Protocol spin-off in entering a strategic partnership with COTI, a Layer 1 enterprise-grade fintech platform.
Both are partnering on the development of payment blockchain technology. Cogito Protocol provides an AI-driven framework for tracercoins, a new class of digital assets that includes a AI-managed stablecoin that is completely independent of fiat or any other digital asset. Now Cogito will add Djed, a crypto-backed algorithmic stablecoin developed by COTI, to its treasury and also establish a Cogito/Djed trading pair.
DJED is a stablecoin with almost no risk and is pegged to the US dollar. This new partnership will undoubtedly accelerate both Djed and Cogito’s growth, as well as provide and important boost to the SingularityNET and Cardano ecosystems.
See the full announcement for more details of the partnership.
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