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.
Anyone - Certain jurisdictional limitations apply (i.e. users must be non-U.S./Canada and OFAC compliant), as outlined here.
200,000,000 KOII has been earmarked for early adopters who join the testnet. 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.
More information on rewards and additional bonus rewards available for participants can be found here.