COTI - Currency of the Internet

07 October 2026 12:53

Also other crypto payments like coinpay or .... lock the amount for every crypto which you accepted to pay by and then it gives you 30 minutes to pay and there is no recharge if it drops or not

COTI - Currency of the Internet

07 October 2026 12:48

Ok this answer tells me everything I wanted to know.

COTI - Currency of the Internet

07 October 2026 12:39

unless you want to give the user like 2 minutes to pay

COTI - Currency of the Internet

07 October 2026 12:34

Have you seen binance when you buy with fiat it locks a rate for a moment until payment is accepted
It's the same idea
The user and the client lock the exchange rate until payment is confirmed

COTI - Currency of the Internet

07 October 2026 12:30

The service that handles the transactions and sends the fiat to the Hotel/Booking

COTI - Currency of the Internet

07 October 2026 12:28

but overall the fluctuations are not going to have an effect long-term

COTI - Currency of the Internet

07 October 2026 12:27

This is what I haven't understand

COTI - Currency of the Internet

07 October 2026 12:26

Will you make a kind of treasury for that?

COTI - Currency of the Internet

07 October 2026 12:24

Who will pay the dollar differnce, if the price drops, to the Hotel?

COTI - Currency of the Internet

07 October 2026 12:22

safety net for what mate

COTI - Currency of the Internet

07 October 2026 12:22

I don't know what you are even concerned about

COTI - Currency of the Internet

07 October 2026 12:21

This doesn't comfort me. Standard procedure is also that 99% of crypto fails.

COTI - Currency of the Internet

07 October 2026 12:18

My red flag was the 30 min window without safety net

COTI - Currency of the Internet

07 October 2026 12:14

It's quite simple mate, COTI will have a few retail products, 1 is Private Travel, which can be paid in $COTI if you want. The price is irrelevant, the point is to allow people to use COTI to transact and know about COTI through this product

COTI - Currency of the Internet

07 October 2026 12:10

This is what I understand

COTI - Currency of the Internet

07 October 2026 12:48

Can i ask who are "we"?

COTI - Currency of the Internet

07 October 2026 12:39

which is just bad user journey

COTI - Currency of the Internet

07 October 2026 12:38

Travala locks it for 40 minutes even

COTI - Currency of the Internet

07 October 2026 12:31

So you mean the travel agency?

COTI - Currency of the Internet

07 October 2026 12:28

Can you expand on the payment processor? What is it?

COTI - Currency of the Internet

07 October 2026 12:27

As I said before, the payment processor takes the risk not the user or the hotel

COTI - Currency of the Internet

07 October 2026 12:26

Or you will have a kind of reserves?

COTI - Currency of the Internet

07 October 2026 12:25

Hi, Zayn, please see DM

COTI - Currency of the Internet

07 October 2026 12:23

Maybe I haven't understand where the money for any loss will come from

COTI - Currency of the Internet

07 October 2026 12:22

What I try to say is that you should think a way of safety net. That is all.

COTI - Currency of the Internet

07 October 2026 12:21

I'm not trying to comfort you

COTI - Currency of the Internet

07 October 2026 12:20

Again, it's a standard procedure

COTI - Currency of the Internet

07 October 2026 12:16

Yes, this is a very nice perspective. But you don't do just because other crypto projects do it, or because you expect the price to rise.

COTI - Currency of the Internet

07 October 2026 12:13

I think you don't really understand what you answered to an investor.

COTI - Currency of the Internet

07 October 2026 12:09

In small scale ofcource it won’t matter