Open Letter from Al Morris, CEO and Co-Founder of Koii Network

Dear Koii Network Community,

The recent revelations about Grass and its distribution model are a stark reminder of the risks we face in decentralized ecosystems. Centralized control, Sybil attacks, and token inflation can distort rewards, undermine trust, and leave honest participants with less than they deserve.

At Koii Network, we are committed to ensuring that this will never happen on our platform.

Koii’s Core Commitment: A Secure, Transparent Network

Unlike networks that have fallen victim to manipulation, Koii was built to resist these vulnerabilities from the start. Through years of work at Koii Labs, we’ve designed a system that prevents exploitation, controls inflation, and safeguards participants by decentralizing both control and the verification process.

1. Sybil Resistance by Design
   Many networks rely on a single point of Sybil resistance, leaving them vulnerable. Koii uses multiple, independent verification layers, where tasks are audited by witness nodes. This makes it nearly impossible for fake accounts to manipulate token rewards.

2. Market-Based Token Distribution
   One of the major issues seen elsewhere is token inflation—when tokens are issued without any real connection to value. At Koii, rewards are based on real market demand for services like bandwidth and storage. Only legitimate contributions are rewarded, preventing inflation and ensuring stability.

3. Decentralized Control and Fair Rewards
   Centralized networks can manipulate rewards to benefit the few. Koii’s control is fully decentralized, with nodes independently verifying tasks and distributing tokens based on actual contributions. No single entity can alter or control the system.

Learning from Others’ Mistakes

The failures we’ve seen with Grass underscore the need for constant vigilance. At Koii, we’ve been laser-focused on building a secure and fair network that benefits participants, not bad actors. Koii Labs has integrated multiple safeguards—ensuring every token is backed by real value, and that manipulation is impossible.

Bug Bounty: Strengthening Koii Together

We’re not just focused on security internally. Our Bug Bounty program invites the community to help us test our network, identify weaknesses, and ensure that Koii remains resistant to Sybil attacks and inflation. Together, we can build a stronger, fairer network.

Moving Forward

Koii Network is committed to transparency, fairness, and security. We refuse to be another network manipulated for personal gain. Instead, we’re building a system where rewards are fair, participants are valued, and everyone can trust the process.

Thank you for being part of this journey.

Warm regards,
Al Morris

CEO and Co-Founder, Koii Network