COTI Launches Stay COTI to Boost Layer 2 Dapp Development

COTI, a blockchain platform renowned for its privacy-enabled Layer 2 network, has introduced Stay COTI, a new builder platform designed to expedite the deployment of decentralized applications (dapps) on its Layer 2. This launch follows the successful deployment of COTI's mainnet, signaling the next phase in the platform's development. Stay COTI is intended to serve as a community hub, attracting and retaining developers within the COTI ecosystem. While grant programs can accelerate the onboarding process, Stay COTI provides the necessary tooling to ease developers' entry into the ecosystem, which is particularly important given that COTI uses the familiar Ethereum Virtual Machine (EVM).

One of the key features of Stay COTI is its support for natural language prompts, enabled by AI integration. This eliminates the need for extensive coding knowledge, making the platform accessible to a broader range of developers. Although some level of coding expertise will still be beneficial for creating more complex dapps, Stay COTI significantly lowers the barrier to entry. The platform also offers funding and marketing support, live build sessions, demos, and real-world coding events to assist developers in bringing their ideas to life.

COTI's Layer 2 network is designed to address privacy concerns that prevent enterprises from fully participating in onchain markets. Its privacy technology, based on a version of Garbled Circuits, is computationally lightweight and compliant with regulatory requirements. This allows for the creation of platforms where user activity is confidential, despite being conducted onchain. Potential use cases for COTI's Layer 2 include real-world asset (RWA) platforms, AI agents, and payment systems, among others. The launch of Stay COTI is a strategic move by COTI to catalyze development on its Layer 2 network. By providing a supportive environment for developers, COTI aims to position its Layer 2 as the backbone of the DeFi, AiFi, and RWA economy. The platform's vision is to become the de facto web3 privacy layer, supporting a wide array of use cases and applications. With Stay COTI, COTI is well-positioned to achieve this goal, fostering a vibrant developer community and accelerating the growth of its ecosystem.