How to Run Koii Node: Earn Passive Income, 1:1 Conversion, Tier 1 Exchanges, Mainnet Q2
Put your computer to work, get paid and support organizations you care about
Referral Code: 4B7028C0F54B
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I started running Koii Node at January 17, 2024 and I earned around 2,570+ $KOII tokens
By running a Koii node, you will earn passive income, and by completing tasks which is automated, you will earn $KOII tokens, which will be available on tier 1 exchanges very soon!
1:1 is the conversion from your testnet $KOII tokens to mainnet $KOII tokens (Testnet will be 1:1 as Mainnet)
Full Proper Installation Guide
- Download and install Node.js to prevent javascript errors from running the Koii node
- Choose the LTS, Current Latest or the stable old version and choose the installer whether you are on Windows or MacOS
- Choose the latest LTS Version, Current Latest or this version v18.12.1 if you still get javascript errors (Like, test which version will not produce a javascript error)
- Currently I am using the "Current Latest" because i was having javascript errors using the latest LTS version and the v18.12.1
No need to install extra files or this tool by the way
- Download from the official website and install by clicking the Download Now
- By navigating to the Official Koii Faucet, input the referral code. If it says already claimed, no worries you have activated the referral code
4B7028C0F54B
You will get 5 koii tokens from the faucet and extra 5 koii tokens when you run the node for 7 days from using my referral code
I provided a video visualization from the Official Koii Network for the full installation guide, as well as other videos that provided guides
- Download Finnie Web3 Wallet (Finnie is the official wallet of the Koii Network). The purpose of this wallet is for mainnet launch, it's like metamask or phantom wallet
If you're still confused on how to run Koii node, refer to this official instructions provided by the Koii Network
https://docs.koii.network/run-a-node/task-nodes/time-to-node
Running on VPS Tutorial
https://docs.koii.network/run-a-node/task-nodes/Running-on-VPS
Tips based on my experience
Run 1-2 tasks when you're just getting started with the Koii node for a test run and stability.
Once you've earned a decent amount of $KOII tokens, add more funds to your staking key: it should be 7, 10, or 15 to cover the gas or network fees from running tasks.
You can do that by transferring some $KOII tokens on your system key to your staking key, just copy the staking key address and transfer.
1. Staking Key
And then try to add more tasks, to earn more but don't run all tasks if you're computer or laptop is not high-end. If your PC or laptop can't handle multiple tasks, avoid running too many. Test the stability of tasks for an hour and choose the ones that work best for you.
If you have a high-end PC with 12-16 or 32GB RAM, SSD or NVME, and a high-end CPU etc., go ahead and run all tasks. It should work seamlessly without any problems or interruptions.
In my experience of running the Koii Node, I am currently running 3-4 tasks and it's enough to earn for me.
Tasks that I recommend running:
- Inflation Monitoring
- Adot Search AI
- Mask Social Feed
- #koii Twitter Archive
- Free Token Task
- Twitter Archive
If you're having javascript errors, some tasks stopped or freezed, I recommend running:
- Free Token Task
- Inflation Monitoring
Remember that this is still a testnet or in testnet phase, some tasks are undergoing optimizations, finalizations, and fixes to ensure that they are fully functional and smooth, so expect some difficulties at this time. Finally, as the project approaches mainnet, more tasks will be added, particularly on mainnet. If you're having problems, please report them to the Discord server so that they can debug and possibly fix it.
To run the #koii Twitter Archive task successfully, you must post a tweet with the hashtag #koii, which can be one tweet or multiple tweets.For Twitter Archive label and Key input:
Label: TWITTER_KEYWORD OR KEYWORD
Key Input: #koii
2. Getting Spheron Storage Key
3. Twitter Credentials
For tasks involving Twitter, log in to Twitter first and also use incognito mode too for making it extra guaranteed to work
Provide the necessary credentials, such as your Twitter username without the @, password, and phone number (use a spacebar if you don't have a phone number).
Example:
- Twitter_username: pngjieun
- Twitter_password: passwordexample123
- Twitter_phone: (your phone number or a spacebar if no phone number)
As you can see here, this twitter account of mine, does not have a phone number so I just leave space and save, then it should look like this
For getting login reviews in your X notifications or email, it's normal
4. Reputation Hardening by Staking
- Stake more $KOII tokens in your existing tasks to build up your reputation.
- The more you stake, the more trusted your node becomes, ensuring consistent rewards.
- Keep in mind that staking more won’t grant extra rewards, but it contributes to reputation hardening.
- Don’t stake too much or it will or might be slashed, balance your stakes on each task.
- In the future, the Koii Network team said that more tasks will be added where you will get rewarded more if you stake more from that task.
5. Running on MULTIPLE PC'S/Laptop and Twitter Account
For Twitter Account
For Running on Multiple PC's or Laptops
1 Koii node running on your computer or laptop = one different email address, and it generates a unique wallet for that account.
You cannot run multiple nodes on the same wallet. This means that if you farm Koii tokens on multiple PCs or laptops, you must have one wallet per node, so you will use different email addresses.
However, you can transfer your koii tokens to your main koii account once the mainnet is launched.
Key-points from Koii Node
1:1 is the conversion from Testnet to Mainnet launch
Koii Node is still super early so I advise to join as soon as possible
Join the Discord Server to get updates, announcements and join meetings with some airdrops
Tier 1 Exchange is a well-known cryptocurrency trading platform with high liquidity, security standards, and a diverse range of listed assets. It is regarded as a premier platform in the cryptocurrency industry.
Examples:
- Binance
- Coinbase
- MEXC
- OKX
The $KOII Token Tokenomics
https://docs.koii.network/koii/the-koii-token/network-economics
Token Generation
https://docs.koii.network/koii/the-koii-token/tokenomics/token-generation
Referral Code: 4B7028C0F54B
Nodes are the backbone of the Koii network, with the primary goal of building a global, decentralized network that will rival the current monopolies on computing power.
By downloading the Koii Node, your laptop or computer can become a part of the global network that aims to revolutionize and democratize the world, as a Task Node that runs Web3 applications.
Running a Koii Node allows you to gain rewards in the form of $KOII tokens, with early adopters receiving higher rewards.
By running a Koii Node, individuals can contribute to the decentralization of the network, gain rewards, and support the development of the Koii ecosystem.
Official Links from Koii Network
References:
Official Koii Network Website. (n.d.). Retrieved January 26, 2024, from https://www.koii.network/
Koii Docs | Koii Docs. (n.d.). Retrieved January 26, 2024, from https://docs.koii.network/