Announcing Koii’s Incentivized Testnet on CoinList

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Are you intimidated by the technical acumen required to run a staking node? Maybe you don’t have the hardware or funds for the hardware typically required to be a validator? Look no further than Koii.

Thanks to the diverse range of tasks available on the Koii — one of the most exciting new DePIN projects in crypto — any crypto adopter can join, participate, and earn rewards in this next-generation decentralized network.

Today, we are excited to announce Koii’s Incentivized Testnet on CoinList, a grassroots effort aimed at accelerating the growth of their network, Koii is offering 200,000,000 tokens (~2% of the total token supply) to qualifying users for their contributions.

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Rewards:

200,000,000 KOII has been earmarked for early adopters who participate in the testnet. As a verified user, each time you complete a task, you are compensated with rewards, which can be in the form of KOII tokens, stablecoins, or alt-coins. The value of these rewards is directly tied to the computational resources required for the task you choose.

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.

More information on rewards and additional bonus rewards available for participants can be found here.

Timeline:

This program is set to run for two weeks between February 13-27, 2024.

How to participate:

About Koii:

Koii’s Layer 1 leverages the core technology of Solana to build a hyper-scalable chain. K2, Koii’s blockchain, is one of the fastest chains globally, with the transaction speed of over 45,000 per second. What makes K2 unique is that the blockchain scales to include smaller devices such as laptops and mobile phones, which provide additional computation and storage. Apps built on Koii extend Smart Contracts with distributed computing capacity, reducing costs, and providing new utility for altcoins beyond traditional L1s.

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Legal notice

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