COTI is a utility token - plain and simple. It’s not a stablecoin, not a meme, not a governance-only placeholder. It’s a working part of a system built to handle something crypto hasn’t nailed yet: confidential computation.
Let’s get the basics out of the way. COTI isn’t pegged to any currency. Its value fluctuates based on market activity and protocol usage. The COTI token is used to:
- Pay for private computations using garbled circuits on COTI V2
- Stake in the COTI Treasury to earn protocol rewards
- Vote on governance proposals (coming with Treasury expansion)
- Access advanced features and developer tools in the V2 stack
Originally, COTI launched as part of a Layer 1 blockchain built for fast, DAG-based payments. But those days are done. COTI V2 marks a full shift to Ethereum, not as another DeFi token, but as a privacy-focused Layer 2. The token comes with it, but its use case has evolved dramatically.
Now, COTI’s value isn’t in hypothetical adoption. It’s in real computation. Every time someone runs an encrypted smart contract, settles a private transaction, or builds a dApp that keeps logic hidden, they’re spending COTI to make it happen. It’s not the kind of token that rides hype cycles or meme momentum. But it’s exactly the kind that becomes more valuable as developers quietly plug it into systems people actually use.
So if you're asking what type of coin it is - it’s one that's trying to build a base layer for the kind of privacy Web3 should’ve had from the start.
🔗 Related Questions
- How much will COTI be worth?
- What does Layer-2 mean in crypto?
- Does COTI have a future?
- Main COTI FAQ