Among other synergies, the partnership will explore bringing ADA payments to the OccamRazer launchpad.
Zug, Sept. 13, 2021 — COTI, the first company in the world to offer a Cardano (ADA) payment gateway in association with the Cardano Foundation, will partner with Occam.fi to explore potential development synergies, including the possibility of enabling users to participate in initial decentralized offerings in ADA through the OccamRazer launchpad.
The strategic partnership, still in its early exploration phase, will look for opportunities to merge the launchpad capabilities of OccamRazer with the ADA payments solutions offered by COTI.
Shahaf Bar-Geffen, CEO of COTI, said:
“As fellow cFund recipients, it makes sense for COTI and Occam.fi to explore potential synergies for the good of the entire Cardano ecosystem. One of OccamRazer’s most significant challenges to date has been delivering ADA payments for initial decentralized offerings on their Cardano launchpad, which would allow them to solve the Ethereum gas problem and vastly increase value for their users. As one of the first ADA payment gateways, we’re excited to explore the possibility of delivering this functionality to the Occam.fi team.”
In April 2021, COTI made history on Cardano when it launched ADA Pay, onboarding multinational charity Save the Children as its first merchant, making seamless payments in ADA available from anywhere in the world.
Elliot Hill, head of communications at Occam.fi, said:
“COTI are true experts in making ADA payments available for services, empowering ADA holders and Cardano enthusiasts to use their holdings in the real world. It’s an exciting opportunity to work alongside COTI as we explore potential synergies and co-development milestones both before and after the release of smart contracts on Cardano.”
COTI is a fully encompassing “finance on the blockchain” ecosystem, specifically designed to meet the challenges of both centralized finance (fees, latency, global inclusion and risk) and decentralized finance (fees, clogging and complexity) by introducing a new type of directed acyclic graph-based base protocol and infrastructure that is scalable, fast, private, inclusive, low cost and is optimized for finance. Learn more at COTI’s website.
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Telegram official community — https://t.me/COTInetwork
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Website — https://coti.io/
Twitter — https://twitter.com/COTInetwork
The Occam.fi ecosystem is managed and maintained by the Occam Association, a Switzerland-based entity operating from the crypto-friendly Canton of Zug. When the Occam.fi ecosystem grows sufficiently, Occam.fi will be governed and steered by a carefully designed decentralized autonomous organization. Occam.fi is the first decentralized launchpad designed for the Cardano ecosystem, built with expertise and care from a veteran team of blockchain entrepreneurs and professionals. Learn more at Occam.fi’s website.
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