COTI, a privacy layer for Web3 that is lightweight and fast, has partnered up with Gitcoin in order to create a grant program of $500,000 to accelerate the creation of privacy-related solutions. This initiative will use Gitcoin’s grant management tools to bring experienced Web3 developers, privacy-focused projects and the COTI ecosphere.
Gitcoin has a reputation for funding Web3 projects. It has distributed more than 60 million dollars across thousands of projects in the past year. COTI plans to expand its ecosystem and gain visibility in the Web3 Community by collaborating with Gitcoin.
Innovative Privacy Technologies
COTI’s Garbled Circuits technology will power the grants program. This groundbreaking privacy technology has been proven over 1,000 times quicker than other alternatives. The technology allows developers to create fast and affordable privacy features. This is an important step in privacy innovation.
Shahaf Bar-Geffen is the CEO of COTI and he’s very enthusiastic about this partnership. This is because Gitcoin has a lot of expertise with Web3 grants, as well as the ability to attract developers.
COTI, powered by the Garbled Circuits Protocol, is Ethereum’s fastest layer of confidentiality. It offers privacy solutions at cutting edge levels. The network was designed to accommodate a variety of Web3 applications, including confidential transactions and AI.
COTI Use Cases (coti.io )
COTI announced earlier in the year the largest grant pool ever for web3 privacy projects, and this $500K Gitcoin Grants Program will add to this by giving developers the chance to learn about COTI capabilities.
Soon, we will have more information on how to apply for these grants.
