COTI And Poolz Partner To Launch Privacy-Focused MomentumX Accelerator

COTI and Poolz, a leading IDO platform, have partnered to launch the MomentumX Accelerator, aiming to drive the rapid and sustainable growth of the COTI ecosystem.

MomentumX is a groundbreaking initiative that will support the next generation of privacy-focused dApps built on COTI’s flagship technology, developed by Soda Labs. Bringing together COTI’s cutting-edge technology with Poolz’s fundraising expertise, MomentumX will ensure startups are fully equipped to succeed in the competitive Web3 landscape.

Since its testnet launch, COTI has experienced steady network growth, strengthened by a series of high-profile partnerships and SDK enhancements. Through the MomentumX Accelerator, we aim to further expand the COTI ecosystem by working with projects that will build and deploy on COTI from the ground up.

Collaborative Powerhouse for Web3 Growth

We are excited to partner with Poolz, a leading IDO platform that has, over the past four years, established itself as a significant player in the crypto crowdfunding space. Poolz has successfully raised over $47 million for more than 150 Web3 startups, attracting an average of 4,000 active users per IDO. Beyond its role in funding, Poolz has built an extensive network of strategic partnerships across the blockchain industry.

As part of this collaboration, Poolz will now offer its IDO infrastructure to MomentumX and will actively seek to source new projects and developers. In turn, COTI has committed to investing up to $1 million per year in qualifying projects. Poolz’s track record, together with COTI’s cutting edge technology, developer expertise, and substantial funding, creates a powerful foundation to help young ventures achieve success.

The MomentumX Boost Plan

MomentumX ventures will benefit from the MomentumX Boost Plan, a tailored support package designed to help propel them beyond the incubator stage and into sustainable growth. This plan comprises of the following core elements:

Funding

• MomentumX, powered by COTI, will provide initial grants and seed investments of up to $250,000 per project.
• Poolz public launchpad gives projects valuable exposure to potential investors.

Marketing

• Web3 Influencer and KOL introductions.
• Co-marketing campaigns across social media channels will leverage audiences of over 500,000+.
• Access to one of the best-respected marketing agencies in the Web3 space.

Business Development

• Strategic introductions to key people within the blockchain sector for example, industry VIPs, exchanges and market makers (MMs).

Legal Assistance

• Expert guidance in setting up companies in favourable jurisdictions.
• Support to understand and comply with complex regulatory requirements.

The MomentumX Boost Plan is an exciting opportunity for startups, offering them the financial, marketing, and BD resources they need to build on COTI’s tech stack with confidence. Applications are now open via the MomentumX website.

Garbled Circuits: A Flagship Technology

COTI’s privacy solution — based on Garbled Circuits by Soda Labs — offers the fastest, lightest privacy layer in Web3 and promises to bring innovation in the Decentralized Confidential Computing (DeCC) space.

Garbled circuits are a recent addition to the DeCC sector, but the technology holds substantial benefits over other approaches to on-chain privacy, with a recent benchmarking study demonstrating significant performance advantages. COTI and Poolz’s partnership makes it all but certain that Garbled Circuits will be firmly established in the Web3 world in the coming months. We welcome privacy-focused projects and developers interested in working at the leading edge of blockchain privacy.

To find out more, check out the MomentumX website and apply to join the accelerator.