According to Odaily, lightweight privacy layer COTI has announced a collaboration with on-chain funding solution Gitcoin to launch a $500,000 grant program. This initiative aims to accelerate the development of privacy solutions to support the broader web3 ecosystem. The partnership will enable COTI to leverage Gitcoin's grant management tools and services, integrating a group of experienced web3 developers and privacy projects into COTI's privacy ecosystem. Since 2017, Gitcoin has distributed over $60 million to developers of thousands of projects.