Koii.rocks: what is it?
Koii.rocks is a decentralized web application (DApp) based on Koii, a protocol for finding and publishing information on the new web. Koii.rocks demonstrates the technologies made possible by the Koii protocol.
The era of NFT has arrived. Koii.rocks takes advantage of key features of the Koii protocol to provide new features to content creators in a web 3.0 environment.
Atomic NFT and persistent storage
With Arweave permaweb, koi.rocks uses persistent storage to facilitate the creation of atomic NFT- NFTs in which the asset and its content are in the same place in the chain. Minting or transferring digital works in koi.rocks ensures that the NFT is a complete asset. This means that NFTs hosted on koi.rocks are not subject to the fragility inherent in the prevailing platforms (markets). The metadata associated with any NFT hosted on koi.rocks is not at risk of being disconnected from the blockchain ownership contract. This innovation creates a concrete solution for hosting and storing NFTs.
Data and content published and archived in the Koii protocol is always persistent and immutable. Koii.rocks is an application in the Koii ecosystem that demonstrates these qualities. Web 3.0 applications need to take advantage of persistent storage to solve major problems in the current web 2.0. NFT implies true ownership of creations so that owners can get more out of their work. Koii.rocks helps solve the problems of hosting these creations so that the qualities that make NFS valuable remain true over time.
Attention Rewards
Rewards for attention depend on how much traffic (“attention”) any image or data receives, as measured by the Koii protocol gateway tracking feature. By tracking the amount of traffic to the host gateways, koi.rocks displays the amount of “attention” given in real-time to any digital creation displayed on the site. By displaying the amount of attention given to creations on the web, koi.rocks creates a leaderboard that contextualizes the success of projects based on how often they are viewed. This stands in stark contrast to the commercialization of creation based on active bidding prices.
In addition to the leaderboard, koi.rocks helps attract attention by monetizing each NFT with a daily KOii protocol mint of 1,000 KOII tokens. The koi.rocks app is an early example of token distribution to content creators in the Koii ecosystem. The Koii protocol rewards anything archived on the Koii network with a KOII share equivalent to the amount of attention it received in a 24-hour period. Koii.rocks is the first service to use attention bounty distribution.
Allowing NFT creators to earn on the amount of attention given to their projects further strengthens the quality of koi.rocks’ NFT-hosted assets. Attention rewards with KOII are a new revenue stream in addition to the infinite and customizable transactions made possible by ERC-721.
This experiment contributes to the value of innovation within the new network. Imagine your favorite artist generating revenue every time you view his or her work in a free gallery.
Evidence of traffic
Koii.rocks is the first app in the Koii ecosystem to use a port or proof of real traffic. Real Traffic Proofs ensures that gateway tracking and subsequent attention tracking enabled by the Koii protocol will not be exploited by bad actors. NFSs hosted on koi.rocks receive “attention” when clicked. Gateway tracking with traffic log checking allows for proper registration of the attention given to the posted content. The port ensures that this system is not disrupted by spamming the network or colluding protocol participants in pursuit of disproportionate rewards. The goal is to assess the actual traffic coming into the gateways based on genuine interest in the information posted by the Koii protocol.
Koii.rocks uses the port to maintain the integrity of attention rewards and leaderboard positions. To reflect the actual public interest in these NFTs, the port generates a hash that represents important metadata associated with any IP address that accesses the koi.rocks gateway. The generated hash causes network participants to waste work, the forgery of which is more expensive than the reward for attention. This deters disruptive organizations from gaming the system.
