COTI’s activity and network processing volume continues to grow!
COTI
Altcoins
4 years ago
1 QCP
As the world is slowly adjusting to the “new normal” of COVID-19 and consumer spending patterns are moving more towards online services, COTI’s merchants, who primarily transact online, have significantly grown their processing volume over the past month.
This increased online processing for merchants, coupled with our recently launched credit card processing, has resulted in a record month for COTI’s network activity, with over $7M in processing volume, representing 40% growth from the previous month!
Such growth can be reflected in our Explorer under “Merchant’s activities” and has a direct impact on the demand for the COTI coin, as explained here.
This continual increase in merchant processing volume on the COTI network, despite the COVID-19 pandemic, is very encouraging and as such, we expect to meet our goal to process $120M on the COTI network this year!
The growth for the demand of COTI’s network and services, coupled with the new Staking 2.0 model limiting the supply of coins, serves as a great benefit for coin holders.
..
https://medium.com/cotinetwork/cotis-activity-and-network-processing-volume-continues-to-grow-14111416e321
This increased online processing for merchants, coupled with our recently launched credit card processing, has resulted in a record month for COTI’s network activity, with over $7M in processing volume, representing 40% growth from the previous month!
Such growth can be reflected in our Explorer under “Merchant’s activities” and has a direct impact on the demand for the COTI coin, as explained here.
This continual increase in merchant processing volume on the COTI network, despite the COVID-19 pandemic, is very encouraging and as such, we expect to meet our goal to process $120M on the COTI network this year!
The growth for the demand of COTI’s network and services, coupled with the new Staking 2.0 model limiting the supply of coins, serves as a great benefit for coin holders.
..
https://medium.com/cotinetwork/cotis-activity-and-network-processing-volume-continues-to-grow-14111416e321
- Covid-19
- Online services
- Platform update
- Credit card
- Merchants
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