COTI Official News
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Welcome to the COTI Foundation Official Telegram Channel! Here you will find all the news and updates from the COTI team. Got any questions? Chat with us in our official group https://t.me/COTInetwork
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As we are approaching the first distribution of gCOTI, we are pleased to share an update regarding the upcoming gCOTI campaigns.

Check it out: https://medium.com/@cotinetwork/gcoti-campaigns-update-7d02fef67d8f
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๐Ÿ›  Update: We have scheduled Treasury maintenance to take place within the next few hours.
This process is expected to take 10 minutes. During this time, there will be no liquidations. Thank you for your understanding!
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Exciting day for gCOTI campaign participants!
We are thrilled to announce that we have started the distribution of 82M Native gCOTI tokens to thousands of VIPER Wallet addresses. Check your wallets and stay tuned for further updates.

Stay COTI!
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COTI's 4th Trustchain Anniversary!

Today marks the 4th anniversary of COTIโ€™s Trustchain Mainnetโ€™s launch! ๐ŸŽ‰
We celebrate with the announcement of 4 new Mainnet Nodes, and with a Trivia competition!

Check it out: https://medium.com/@cotinetwork/its-our-birthday-celebrate-trustchain-s-4th-anniversary-with-us-7ae042501594
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COTI Debit Card Update:
Nuvei, the company that acquired Simplex, have announced they are terminating their Co-branded Debit card programs by August 5, 2023.

This means that all COTI Debit Cards will be deactivated on this date. While we explore alternative options, any user with a COTI Debit Card is encouraged to move any funds prior to the deactivation date. We regret any inconvenience this has caused to our community.
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Last chance to enter the Trivia competition to celebrate COTIโ€™s 4th Trustchain anniversary with the winner taking home a COTI gift box filled with cool merch!
The competition will end tomorrow, June 7th at 1pm UTC.

Join here: https://zealy.io/c/cotis4thtrustchainanniversarycelebration/invite/-fW3EtRJBiBQa0uWOhnnc
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๐Ÿ›  Update: We have scheduled Treasury maintenance to take place within the next hour.
This process is expected to take up to 1 hour. During this time, there will be no liquidations. Thank you for your understanding!
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The Trivia competition to celebrate COTIโ€™s 4th Trustchain anniversary has ended! Thanks to everyone who took part. The winner will be drawn and announced tomorrow, so stay tuned!
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Shahaf Bar-Geffen, COTIโ€™s CEO, Shares a Few Words About Recent Events
In this video, Shahaf Bar-Geffen briefly discusses recent events. Hereโ€™s a short recap of what he had to say:

- We are here, and we stay committed to our plan by making steady progress towards our goals.
- We learned from the media about the SEC complaint against Binance.
- We take such matters seriously, even if we disagree with this assessment.
- We empathize with the stress you must be feeling. We know you care.
- COTI has always demonstrated a prudent approach when it comes to regulation.
- It's not just COTI; the entire market is facing broader challenges.
- Our market is resilient and innovative. We are in this together.

Watch the full video: https://youtu.be/9qqw4SS8GAU
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Weโ€™ve collated the names of everyone who got a perfect score in the COTI Trustchain Trivia competition and drawn out a single name.
Congrats wja28154701(N0ach)! Please DM us to collect your prize.

Stay COTI!
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gCOTI update:

In light of recent events, we have decided to temporarily suspend the gCOTI exchange campaign until we have more clarity. We are moving forward, as planned, with the gCOTI community campaign, which will be announced shortly.
Additionally, we remain on track with gCOTI's initial utility: the APY boost on the Treasury app.

As always, these decisions are not taken lightly and are in line with our prudent approach.

Stay COTI!
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As part of the preparation for Ledger integration on Mainnet, we've deployed it on COTI's Testnet first. We'd like to invite you to participate in testing and share your valuable feedback. The plan is to go live on Mainnet next week. Thanks!

Check it out: https://pay.coti.io/
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Throughout recent market volatility, DJEDโ€™s protocol proved its resilience, maintaining its peg. Changing conditions have created new opportunities for current and future SHEN holders.

Find out more: https://medium.com/@cotinetwork/djed-shen-weathering-the-storms-of-market-volatility-while-creating-new-opportunities-a5b320241e3b
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The gCOTI Community Campaign is coming!
Whether you're a content creator, tool builder, or simply have some creative skills, this campaign is for you! Even the judges of this campaign are community members, and you can join them!

Read more: https://cotinetwork.medium.com/introducing-the-gcoti-community-campaign-3544564a7beb
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Weโ€™ve been asked โ€˜wen Ledgerโ€™ countless times, and we are excited to announce that Ledger Live now supports Native $COTI! Youโ€™re now able to transfer and hold your Native $COTI in Nano S, S+ and Nano X cold storage wallets.

Find out more: https://medium.com/@cotinetwork/coti-native-is-now-supported-on-ledger-live-9d1c4d2eb11a
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Thank you to everyone who applied to be a judge on the gCOTI Community Campaign. But there can be only one winner, which weโ€™ve drawn randomly. Welcome on board @Mikael_D! Heโ€™s been a testnet node operator since November and a longtime COTI supporter!
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DJED is now LIVE on BNB Chain! You can now bridge your DJED across to BNB chain via Chainport and start using it on THENA. Check out the DJED/USDC liquidity pools on Thena.Fi with more to come!

Learn More: https://medium.com/@cotinetwork/djed-is-now-available-on-bnb-dapps-ac5b899feca9
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The 1st phase of the gCOTI Community Campaign is here!

From top social media personalities to tool builders and Node operators, If youโ€™ve been a COTI supporter and contributor for the past year - you probably want to read this article: https://medium.com/@cotinetwork/the-gcoti-community-campaigns-1st-phase-is-here-a0b8b78b31b6
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