DAG-based blockchain ecosystem COTI launches $10M ecosystem fund

2022-3-23 23:27

DAG-based blockchain ecosystem COTI, today announced the launch of ecosystem fund: COTI Ventures.

There will be an initial budget of $10 million USD, which will be used to invest in equity, tokens, and other forms of capital in early-stage startups developing solutions related to COTI’s ecosystem.

“We’re focusing on investing in strong and experienced founding teams with a robust business plan that relies on a great product-market fit and a quick time to market, thus creating strategic partnerships and encouraging new use cases for our tokens, products, or infrastructure.”
– The COTI Team

Investments

Recently, the fund has made its first investment in WingRiders, a new and encouraging Cardano DEX, joining other participants in the funding round that included cFund, Longhash, and others.

The second investment was made in ADASwap, which raised $2.6M in a recent funding round.

Both investments include a partnership with the projects, as well as Djed (crypto-backed algorithmic stablecoin that acts as an autonomous bank, developed by IOG and issued by COTI) integration into their platforms, which increases Djed’s participation in trading through liquidity pools, Djed pairs, and more.

COTI Ventures welcomes builders and early-stage projects interested in collaborating with the COTI ecosystem to apply for investment by sending an email to: [email protected].

The post DAG-based blockchain ecosystem COTI launches $10M ecosystem fund appeared first on CryptoNinjas.

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Источник: cryptoninjas.net

ecosystem coti → Результатов: 21


COTI Expands Staking Opportunities With Launch Of Its COTI Treasury

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2022-2-2 17:27


Фото:

AdaSwap to Integrate COTI-Issued Djed Stablecoin, Exploring DEX Listing

Cardano-based ecosystem builder AdaSwap today announced a partnership with COTI’s Djed stablecoin and shared plans to integrate the same into the Cardano ecosystem. AdaSwap Allies with COTI to Integrate Djed In an announcement made on December 21, Cardano-based ecosystem developer AdaSwap that is slated to launch the network’s first decentralized exchange (DEX), stated it hasRead More

2021-12-21 17:00


Фото:

Cardano Unveils ‘Djed’ – An Innovative Stablecoin For The Fast-Growing Ecosystem Issued By COTI

Cardano’s new stablecoin, Djed, will now be issued by the COTI platform according to a partnership announcement on Sunday at the Cardano summit in Wyoming. Djed, a product of efforts between IOG, Cardano’s Emurgo, and Ergo Blockchain is based on an algorithmic design that uses smart contracts to ensure price stabilization improving usability in decentralized […]

2021-9-27 18:22


Фото:

Cardano Foundation, COTI, Unveil AdaPay for Seamless Cardano (ADA) Payments

AdaPay, a payment solution that will enable merchants to receive Cardano (ADA) altcoin as payments for their products and services has gone live, after its development by Cardano Foundation, the organization focused on accelerating the growth of the Cardano ecosystem, and COTI, an enterprise-grade fintech platform, according to a press release on November 28, 2019.

2019-11-30 20:00


COTI Joins Forces with Fantom to Transform the Blockchain Ecosystem

As heavyweights in the third generation distributed ledger technology solutions, the strategic partnership will form a solid foundation for future cooperation in R&D and more. While blockchain technology is fast transforming the trade finance and payments ecosystem, it still faces own challenges including low scalability, high costs, and slow confirmation speeds.

2019-5-25 14:41


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