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Coti V2 Launches $10M Incentives for V2 Token Expansion!

Key Points:

Ethereum-based Coti plans $10M Coti v2 token airdrop to COTI holders!
Coti v2 offers privacy layer on Ethereum for Web3 apps.
Airdrop begins March 25, rewarding early supporters with bonuses.

Ethereum-based confidentiality layer Coti is set to distribute Coti v2 tokens worth a staggering $10 million through an airdrop to holders of its native Coti (COTI) token.

Coti v2, a privacy-centric layer-2 protocol on Ethereum, is designed to securely transmit sensitive data across Web3 applications on the blockchain.

The company recently unveiled an upcoming community rewards initiative, announcing the airdrop of 40 million Coti tokens to existing native and ERC-20 COTI holders. Scheduled to kick off on March 25, the Coti v2 airdrop campaign will distribute tokens starting in the last quarter of 2024, following its token generation event.

Coti v2 Brings Confidentiality Layer to Ethereum with $10M Rewards!

Eligibility for airdrop rewards extends not only to existing COTI tokenholders but also to all treasury participants. Additionally, users with deposits in the treasury before February 28, 2024, will receive an extra bonus as a token of appreciation for their early support.

With Coti’s treasury boasting a total value locked of approximately $98.7 million, rewards for each investor will vary based on their level of engagement in the ecosystem. Coti positions the launch of Coti v2 as pivotal for unlocking new use cases for the Web3 economy through enhanced confidentiality.

Coti plans to expand rewards by introducing longer lock periods of 180, 270, and 360 days starting March 25. This move aligns with the recent surge in token airdrops, with protocols collectively offering $700 million in just a week during January 2024.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.