When you are invested in a project it is up to you to keep informed and not rely on others. If there was something to go wrong you could sell off before the market dumped and why staying ahead of everyone is a security blanket. Being an Ethereum L2 token is going to create serious values and for now I am concentrating on what COTI has currently.
COTI's first Private Payment Network is in it's "soft launch" phase which is what they tend to do making sure everything functions as it should before letting it scale up. The DPINR token is the Delta Platinum Indian Rupee that is controlled by Delta Corporation a gambling and betting company.
What is interesting to note is when you look at the shareholders the Government of India is listed so they would have known that the company intended to use crypto to bypass the excessive taxation (28%) that was implemented in July last year.
The Delta Corporation achieved over 10.21 billion in sales last year even after they had a shocking 2nd quarter due to the new taxations. This was why the company was so desperate to get into crypto and why the private payment network was rolled out so quickly. If you look at the time frame this was achieved in under 4 months.
What I would like to see happen is he numbers start to rise rapidly and to phase out the "soft launch" increasing the supply and daily usage of the DPINR.
The COTI team was in GOA last week which is like the Las Vegas of India and the only State where gambling is legal. The reason the team was there was Delta Corporation are based there and they will be announcing their Private Payment Network making it official before month end.
The roll out with increased usage is important because he service fees flow back to the COTI investors staked in the treasury. The sooner this happens the more COTI I earn daily due to the APR increasing. The service fees alone could easily surpass all the other earnings combined doubling the current APR. Gamblers are not like other investors and will buy in and sell out all within a few hours creating a double service fee that is being earned. When you are dealing with millions of clients daily that is a lot of transactions being generated considering many will be double transactions.
Currently I am fortunate enough to be earning around 31 COTI daily from 3 stakes earning different APR's and would like to see this grow as soon as possible before everyone jumps into the Treasury which they will soon enough. The APR is expected to drop once the ERC 20 tokens are also allowed to stake later this month. This means we have a set time limit before our earnings drop and somehow need to try and grow what is on offer now. You always need more even though you are grateful for whatever you already have.
Posted Using InLeo Alpha