👉Summary of $COTI Token and 2024 Roadmap:
Core Role of COTI
COTI will serve as the central token for a Layer 2 (L2) privacy network, benefiting from increased development, network activity, and application adoption.
Driving Adoption:
New applications leveraging COTI will boost demand and usage, supporting broader adoption.
2024 Roadmap Highlights:
Q1 2024:
Launch of education and design initiatives.
Deployment of the first ecosystem fund to foster development.
Q2 2024:
Release of the Devnet.
Onboarding design partners to contribute to the ecosystem.
Q3 2024:
Testnet launch to trial the network.
Migration from COTI V1 to COTI V2, improving performance and functionality.
Q4 2024:
Official Mainnet launch, marking the network's full-scale rollout.
Implications
The roadmap reflects a clear focus on both technical enhancements and ecosystem growth, positioning COTI significant developments in the privacy and blockchain sectors throughout 2024.