Koii x Coinlist Incentivized Testnet

Details

What is Koii?

• Koii is an L1 and compute platform for DePIN and AI
• Nodes on Koii run a collaborative economics protocol called Tasks, allowing them to form small consensus networks using CARP
• Koii isn’t just about raw compute, nodes can provide storage, bandwidth, data mining, and a range of other value-generating activities
• Tasks are rewarded with stablecoins, altcoins, and KOII for their work
• Because of the wide range of Tasks on Koii, any computer can join and participate in this next-generation decentralized network
• Early adopters are already accumulating a significant amount of KOII, and the project has earmarked 200,000,000 KOII for early adopters who join the testnet

Easy and Scalable DePIN with the Koii Stack

• KOII - The Currency of DePIN
• K2 - The Hyper-Scalable Layer One Blockchain
• Koii App - Installs on any PC or mobile device in minutes, leveraging latent compute for passive income
• Tasks - Tokenized Applications running on cloud of Koii App devices

The Big Picture

Step-by-Step Guide to Run a Koii Node

Koii Incentivized Testnet Program

Rewards

The Koii Node utilizes the latent computational resources of your computer to perform various tasks for end protocols. Tasks can be as simple as data scraping to as complex as powering a fully functioning VPN.

Each time your computer completes a task, you are compensated with rewards, which can be in the form of KOII tokens, stablecoins, or alt-coins. The value of the rewards you receive is directly related to the computational resources required by the selected task.

You have the autonomy to select the tasks you want to run on your computer. To ensure the safety of your computer, every task available has been thoroughly evaluated and approved by the Koii team. Additionally, each task has a detailed description that outlines the work involved and the rewards offered.

Why does KOII have value?

New DePIN tokens launching on Koii scale faster thanks to Koii’s existing network of thousands of high quality infrastructure node operators.

• Each time a node operator wants to earn rewards for executing a Koii task, their node must make on-chain transactions.
• KOII is used to pay for all transactions and submissions within the network, functioning as a gas fee token.
• KOII is also the default staking collateral and reward for tasks.
• Node operators who hold KOII can use it to pay gas fees and earn stablecoins and altcoins launching on the network.
• The more tasks and nodes exist on the network, the more tokens will be required for these gas fees, and the fewer KOII will be available for retail buyers.

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