COTI has announced the establishment of an independent non-profit organization, COTI Foundation, to promote the development of its network.

BlockBeats reported on November 30th that the COTI network officially announced the establishment of the COTI Foundation, an independent non-profit organization dedicated to promoting the adoption and development of the COTI network. The COTI Foundation will serve as an important milestone for COTI to launch COTI V2, aiming to make COTI V2 a global and permissionless network, breaking previous limitations.