Crabby ©

Investing in #COTI since 2020

[Inflationary Coins - Pengo @Infl_Coins]

We are putting our received trading fee on @CipherTradeApp plus part of our ethereum:0xddb3422497e61e13543bea06989c0789117555c5 staking income to the $wBBT staking pool.

On 122k $wBBT staked we are currently paying 19.5% APY. If arbitrage volume increase our rewards will increase as well..

Defi on @COTInetwork

[Prince.coti ⛓️ @PrincePratapS_]

Following the recent leadership transition and restructuring at @COTInetwork, my 5+ year journey at COTI has come to an end.

I am now exploring new opportunities across Business Development, Partnerships, Growth, Community & Marketing.

If you’re hiring, let’s talk🤝

[Peresvet @parasvet]

8 things the new @COTInetwork team should publish to show this is not a disguised treasury distribution

Wallet map
Label every major wallet: Foundation, new team, market maker, rewards, contract owner. Addresses, purpose, who has the keys.
Split of the deal
Exact amounts: how much COTI went to the team vs the market maker vs any other party. Transaction hashes for the September 16–17 transfers.

Consideration paid
How much was paid to the Foundation, in what asset, from which address, on which date. Without inbound payment evidence, it looks like a treasury grab.
MM agreement terms
Sell cap, inventory vs sale rights, lock/return clause, reporting duty, and whether the MM can freely deposit to Binance. Name the firm or at least the legal entity.

Locks
Public commitment that team tokens (especially the ~1.29B wallet) are locked or vested. A screenshot is not enough; on-chain lock or a verifiable vesting contract is.
Legal action, if real
Against whom, in which jurisdiction, filed or only “in process.” A case number beats a tweet.

Treasury / sales report
How much COTI has been sold since closing, on which venues, and where the USDT/USDC went (operations, MM inventory, payroll, or Foundation).
Who controls the token contract
Who owns 0xcd50cFd2…, who can mint/upgrade/admin, and a written rule that those powers will not be used to dump or dilute holders.

If those eight are public and checkable, the “MM broke the deal” story can be judged. If they stay missing, the market will keep treating this as an exit dressed up as a handover.

[Crabby © @SRCrypto2021]

@last_aka Brilliantly put Soeren lad.

[Soeren Jensen © @last_aka]

The Confidential Brief

I could have written a 200-page novel about the events of this past week. I’m obviously not going to do that, but instead focus most of my attention on the power of the $COTI community.

When the new team came in there was a clear and confirmed offer:

Keep mods, ambassadors and a few other Key people until the end of October/November. To assist in making the transition smooth. No extra cost.

Offer was rejected.

Instead the new team, who had clearly not made the advance effort to understand our community, decided to bring in their own. And not only that.

In a jaw dropping display of contempt and arrogance, proceeded to “shame” one of our most loyal members with some fake salary numbers. The guy, predictably, got crucified.

The new community-facing crew promptly introduced North-Korean conditions in the main TG chat because they were getting overwhelmed by questions and complaints that they didn’t have an answer to. Those controls are still in place, mind you.

Why was that?

A team largely undoxxed - The old COTI team was fully transparent - all moderators, ambassadors, CEO, CTO, CMO, etc were fully doxxed and visible to anyone wishing to see who’s behind the project. New team won’t even go on camera and have a proper engagement with the community. We have their first names, but don’t know who they are - no social footprint whatsoever. The team behind the team - no clue either. Sure, some details will never be known but there could have been an effort to be a bit more informative. We’re gonna find out anyway!!!

Roadmap - rather than focus on what was right in front of them, namely PoD live on Avalanche, relatively straightforward to copy to other chains, ChainLink of privacy. An absolute slam dunk - plenty of positive sentiment to be leveraged, and a real chance to generate meaningful revenue. What we get instead is “yeah of course we will do that, but what we really want to do is consumer-facing app, travel, VPN, etc”. This could all be very good - I don’t know enough about it to claim otherwise - but given the massive excitement that PoD had generated online and in the community, this should have been the headline. Everything else to come later. It’s called low-hanging fruits and is what every new CEO looks for initially.

Transparency - to this day we still don’t have full visibility on who controls main wallets and what the security is like. What we do now know is that somewhere between 500-800 million $COTI was sent to a consortium partner/market maker. We don’t (yet) know who this is, but rather that the commitment to provide liquidity was “misrepresented” and instead resulting in a sustained sell-off, much to the detriment of everyone involved (see chart below).

Ecosystem care - it’s been less than 10 days and already we are facing issues with liquidity on @CarbonDeFixyz . Maybe, instead of making the transfer of more than half a billion COTI to a dodgy MM the top priority, make sure the COTI ecosystem is looked after first.

These are basically the most asked questions by our community - and questions that the team has not adequately covered - not in the chat group and not in yesterday’s Q&A.

And make no mistake about this - the community will not back down.

We saw this most recently on the “58%” issue. @shahafbg had initially given (on camera) a less than satisfactory answer, but with significant pressure from the community and some internal discussions between community leaders and core team, a better approach was agreed to.

Perfect? No. Better that what we had? Yes.

Ignoring the community and instead going with “trust me, fam” has been an unmitigated disaster, but it could have been so much different.

Reach out to the 10-15 most influential community members, have a call and broadly lay out plans and understand where the pain points are, and what is needed to get the community onboard.

I will always support @COTInetwork , and for sure old COTI wasn’t always a dance on roses, but I’m having a really hard time reconciling with what’s been going on since this takeover.

What’s the point of having a community, if you don’t make an attempt to understand and make good use of it?

Now, instead of a buy-in, you have a community full of distrust and opposition. How much time will be spent rebuilding that?

I haven’t sold out, nor will I at this stage. I’m just too curious, and will always believe in second-chances. @RobbieVdg will get this right.

For those who did sell out - I totally understand you. This has shaken the project at its foundations.

Onwards and Upwards

Soeren

[Crabby © @SRCrypto2021]

@SunderlandAFC I think I might miss this one 😂

[Stefanos @iamsstef]

The new ethereum:0xddb3422497e61e13543bea06989c0789117555c5 market makers thought they would rug the COTI community and would get away with it!

Rest assured friends, I will be name dropping once I confirm, and will make sure you are blacklisted from every Tier1 exchange.

Brace yourselves.

[Stefanos @iamsstef]

@cryptomanran Name them, why are you backing down?

We all know it's the founders of CoinTerminal and Maker DAO.

I can point out specific names, but I'll leave it on you.

[Glad @gladbone19]

@COTInetwork probably worth addressing this wallet stuff 🤷‍♂️

[Serge Satoshi @SergeSatoshi]

🔺 Avalanche is showing massive fundamental growth! With the successful Helicon upgrade, staking is now highly flexible-lock-up periods have been cut from 14 days to just 48 hours, alongside a new auto-renewal feature. Meanwhile, the network is hitting new milestones in institutional adoption: securing $252M in net inflows for tokenized stocks in a single month, while Tassat deploys its Lyng network on an Avalanche L1. Tech advancements and big capital are rapidly pushing the ecosystem to the next level! 🚀

#Avalanche #AVAX #Crypto #Web3

[Crabby © @SRCrypto2021]

@gladbone19 They certainly seem to have capital behind them. Maybe all those lunches paid off in the end.

[The Talent Hunter 🎯 @TalentHunter]

Earlier this week, 15 year-old Charlie Scorer made his EFL Trophy debut for Sunderland U21s.😯✅

Charlie came on against Accrington Stanley in a 3-3 draw on Tuesday, becoming Sunderland’s youngest ever player to feature in the competition and also the EFL Trophy’s 14th youngest player.📈

Despite only being 15, Charlie made his U21s debut in late August, and has since gone on to feature for the U21s in four other fixtures.🤯

Last season, Charlie registered 34 G/A and was also named Sunderland’s Academy Player of the Season.🏆

Charlie Scorer - remember the name.👀🎯

[Cipher Bot @CipherAppStore]

👨‍💻 Quality Devs > headcount race - $COTI

Q: Very disappointed in the X space. So many non answers

Team definitely does not inspire confidence. They are just throwing darts at a board, that’s not a strategy. They don’t even know the product they are working with. How will they capture value and win? Oh well we have a first mover advantage blah blah blah. Again not a strategy and completely avoiding everything related to RWAs, stablecoins, etc. They mention the ECB but don’t even know the nature of the relationship which is with Tchain officially and not even with the Foundation. A 6 person dev team, meanwhile the competition has 10x that. Acting like GC has already won as if the product is done being developed.

@RobbieVdg: If you think just hiring more devs is the way forward you would be mistaken, having strong Devs is more important than just hiring 50 people

[Mar© @coti_marc]

A few people have been asking about my thoughts on the recent leadership change at ethereum:0xddb3422497e61e13543bea06989c0789117555c5. Here is where I stand: I am staying fully invested for now.

Why?

Because my conviction isn’t tied to a single name! (I liked Shahaf, and I needed some time to process the news of the resignation, too.) It’s tied to the undeniable economic efficiency of this technology.

Institutions, banks, and governments will inevitable migrate to public blockchains. The decentralized path is just cheaper and faster. @amateo has repeatedly confirmed this to us over the past few weeks through his conversations with the above-mentioned.

But to onboard them, we need a privacy layer that offers zero latency for the everyday smartphone user.

This is exactly why I believe ethereum:0xddb3422497e61e13543bea06989c0789117555c5 and Garbled Circuits (GC) will win the privacy race over ZK-Proofs and FHE:

🚫 The Limits of ZK & FHE:

• ZK-Proofs cause heavy "Prover time" overhead on mobile apps. Generating a proof drains your battery and takes too long at checkout. Plus, ZK cannot natively calculate a shared private state between two different banks.

• FHE is mathematically secure but computationally devastating. Running it on a phone causes overheating and takes minutes—unusable for real-world adoption.

Why Garbled Circuits (ethereum:0xddb3422497e61e13543bea06989c0789117555c5 V2) Win in my Opinion:

1. Built for Smartphones: GC shifts the heavy lifting off your device. Your phone processes the transaction in under 0.5 seconds. No overheating, just the speed of Apple or Google Pay!

2. Shared Private State: GC allows true multi-party computation. A smart contract can cross-check private bank data against an encrypted government AML-list, outputting an "Approved" status without either party seeing the other's raw data.

3. Regulated Confidentiality: It balances absolute privacy with compliance. Users hold the Viewing Keys via their wallet to instantly comply with tax or KYC audits.

But latency is the ultimate gatekeeper for global adoption. By solving the mobile bottleneck while keeping compliance intact, GC positions COTI V2 as the premier infrastructure for institutional Web3.

The tech is too good to ignore. Still bullish, still holding. Let´s wait for the next Weeks!📈

But as I mentioned earlier, DYOR is more important than ever. I am describing MY OPINION here!

Stay ethereum:0xddb3422497e61e13543bea06989c0789117555c5

[Sunderland AFC @SunderlandAFC]

We’ve got Le Fée, Enzo Le Fée! 🎶

[Sunderland AFC @SunderlandAFC]

🤩 Enzo 2031!

We are delighted to confirm that Enzo Le Fée has committed his future to the Club by signing a new long-term contract ✍️

[Crabby © @SRCrypto2021]

@Deku_85 @amateo @COTInetwork Just Asta showing everyone what a 🔔 🔚 they are.

[Crabby © @SRCrypto2021]

@JoshColborn That stupid law about the sleeve comes into play.

[Crabby © @SRCrypto2021]

@g_ndamwe