Koii Ocean
We are thrilled to introduce the Ocean platform, a revolutionary new way for projects in the Koii ecosystem to crowdfund tokens from our growing community which now boasts over 85,000 nodes.
As our community has expanded, it has become clear that selling a large portion of tokens for each new project to VCs is not only infeasible but also creates long-term problems for both the projects and the ecosystem. To address this issue, Koii node operators can now invest directly in new projects through the Ocean protocol.
Why the Ocean Platform?
The traditional model of raising funds from VCs often places undue pressure on projects to deliver short-term gains, sometimes at the expense of long-term sustainability and community alignment.
By leveraging the Ocean platform, projects can bypass this hurdle, ensuring that their funding sources are more aligned with their vision and the community’s interests. This decentralized crowdfunding approach democratizes investment opportunities, allowing Koii node operators to support and benefit from the projects they believe in.
How Does It Work?
The Ocean platform is designed to be user-friendly and efficient.
Profile Creation: Projects create a detailed profile on the Ocean platform, showcasing their vision, team, roadmap, and tokenomics.
Community Engagement: Engage with the Koii community through updates, AMAs, and other interactive sessions to build trust and excitement around your project.
Fundraising Campaign: Launch a fundraising campaign, specifying the funding goals, timeline, and reward structure for contributors.
KYC and Compliance: The Koii Ocean team takes care of all Know Your Customer (KYC) requirements to ensure all compliance and security requirements are met for both projects and investors.
Token Distribution: Once the funding goals are met, tokens are distributed to contributors, and the project receives the necessary funds to move forward.
Upcoming Features
While the Ocean platform is currently limited to crowdfunding for Koii projects, we are excited to announce that in the coming weeks, we will expand the platform to allow a broader range of projects to participate. This means that any project within the Koii ecosystem will soon be able to create a profile and begin crowdfunding through the Ocean platform. The Koii Ocean team will handle all the complexities of KYC and fundraising, providing a seamless and secure experience for both projects and investors.
If you have a project that you’re eager to launch on Koii, don’t wait! Fill out the form below to join the waitlist. With the waitlist already growing rapidly, we want to ensure that we can support the best and most innovative projects first. By joining the waitlist, you’ll be among the first to take advantage of this groundbreaking platform and connect with a passionate community of supporters.
Meet Us in Brussels at the Ethereum Community Conference (EthCC): We’re also excited to announce that Koii will be in Brussels for the EthCC Global Hackathon. For six days, we’ll be offering mentorship and guidance from the Blockspace at Sneaker Cafe. This space is open to anyone who wants to change the world, and we are here to help you build your project and get it crowdfunded. This is a unique opportunity to work directly with the Koii team and gain valuable insights into launching and scaling your project.
The Koii Advantage
Koii is the only platform where you can not only crowdsource the hardware and data needed to build world-changing apps but also crowdfund without selling to private investors unless required. This unique combination ensures that projects, from the beginning, can maintain greater control and alignment with their respective communities.
Through this pipeline, Koii is also equipped to help projects get their tokens listed on the upcoming release of the Orca DePINDEX, the first DePIN forward decentralized exchange on Koii.
Please note that Koii is also prepared to help projects launch tokens in testnet mode by leveraging Koii’s 85,000 nodes.
Get Involved
The Ocean platform is more than just a crowdfunding tool; it’s a gateway to a vibrant and supportive community. By participating in the Ocean platform, you become part of a movement that is redefining the future of decentralized applications and Web3. Whether you’re a developer, investor, or enthusiast, there’s a place for you in the Koii community.
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FAQs
Q: What is the Ocean Platform?
A: The Ocean platform is a new crowdfunding tool for projects within the Koii ecosystem that allows them to raise funds directly from the Koii community.
Q: How does the Ocean platform offer benefits to projects?
A: By using the Ocean platform, projects can bypass traditional VC funding, avoiding the pressures and misalignments that often come with it. This ensures greater long-term sustainability and community alignment.
Q: Who can participate in the Ocean platform?
A: Initially, the platform is limited to Koii projects, but we will soon expand it to include a broader range of projects. Any project within the Koii ecosystem will be able to create a profile and start crowdfunding.
Q: How can I join the waitlist for the Ocean platform?
A: You can join the waitlist by filling out the form here. Act quickly, as the waitlist is already growing!
Q: What kind of support does the Koii Ocean team provide?
A: The Koii Ocean team handles all KYC requirements and the entire fundraising process, ensuring a secure and compliant experience for both projects and investors.
Q: Where can I meet the Koii team for mentorship?
A: We will be at the EthCC Global Hackathon in Brussels, which takes place from July 8 to July 11, 2024. We will be offering mentorship and guidance from the block space at the Sneaker Cafe.
Q: How does Koii ensure the security of investments?
A: The Ocean platform incorporates robust KYC and compliance measures to protect both projects and investors. The Koii Ocean team manages all these aspects to ensure a secure fundraising environment.
We look forward to seeing the amazing projects you will build with the power of the Koii community!
Koii Task Creation Hackathon