Koii x Coinlist Incentivized Testnet - DropsEarn
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Koii x Coinlist Incentivized Testnet

Koii x Coinlist Incentivized Testnet

Add to Watchlist

Added to Watchlist

Reward pool

Not set

200,000,000 KOII

Expected profit

KOII

KOII

Max participants

No limit

DropsEarn score

Neutral

Normal, Low Risks

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

Koii Incentivized Testnet
Timeline Feb 13 - Feb 27
Welcome Bonus 10 KOII
Ongoing Rewards Run a Node to earn rewards
Bonus Rewards
  • Refer friends to get extra tokens
  • Earn additional DePIN and AI altcoins as they launch on Koii’s L1 Chain
Allocated Rewards 200,000,000 KOII (2% of total supply)
Deep Dive Koii Koii Docs
Eligibility Anyone - Certain jurisdictional limitations apply (i.e. users must be non-U.S./Canada and OFAC compliant), as outlined here.
Testnet FAQ Koii Incentivized Testnet FAQ

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.

Links

 
 

About

Koii announced its incentivized testnet with total reward pool of 200,000,000 tokens from Koii total supply. Getting started with Koii is simple - setup takes less than 5 minutes, and Koii can run on any personal computer.

Activity Type

Testing

Incentivized testnet

Bugs

Date

13 Feb 2024 06:00(UTC+3) - 28 Feb 2024 03:00(UTC+3)

Registration

Closed

When Reward:

None

Event Status

You can't participate(Event ended)