Hey All,
If you all recall, I did a post around Coti seasonal rewards and right now the third season is in progress. The seasonal rewards program is where every different interaction like #coti token transfers, depositing and holding #coti tokens etc allows you to earns Token Points (TPs), and all the TP are redeemable for $COTI at end of the season. The #COTi team did a announcement in their discord channel around - "ZNS has joined COTI Earn for Season 3" So what does this mean to the #COti users...
Coti - Mint Your .coti domain on ZNS...
At first, it’s not just about minting the .coti domain. It’s more about earning, participating, and building a persistent on-chain identity that is actively used. At the same time, minting the .coti domain gets you 1,000 TP points, redeemable at the end of Season 3. The steps of minting the domain just take a couple of minutes but then please be informed that there is a cost associated to it which is like almost 100 #COti tokens for registraing the domain for a Year. Here’s the order summary when I tried to register the domain, but then stopped because I felt it wasn’t worth it for me. I questioned myself as to what I am going to do with having a domain registered as .coti becuase right now I am not planing on something to host anything or build on it.
With just a few clicks of buttons I was able to add the .coti domain to the shopping cart. And once the domain is added to cart, all you need to do is complete the checkout paying in #COTi or #ZNS tokens and then you are almost dome with the minting process. Your new domain name will appear as an NFT within your wallet. Plus within 24 hours you’ll receive the 1K TPs in your #coti wallet. It is that simple and your on-chain identity is all LIVE now.You all be having this question as to::
- Why Mint a .coti Domain?
Well it is more to do with the .coti domain being a human-readable on-chain identity that is powered by ZNS and is native to the COTI ecosystem. Plus there are rewards associated to in the form of TP points that can be convereted to #Coti tokens. Apart from that users can share the simple name like yourname.coti as their on-chain identity as opposed to sharing long wallet addresses.
Currently I am ranked #466 and have earned close to 23K+ TP points. I am earning all these TP via my stake in the coti treasury and due that on a daily there are some TP points that gets creditted to my wallet on a daily basis. This time we have close to 1,250,000 COTI per week up for grabs. So lets see how much #COTi I will be able to earn via this coti.earn reward programe. Well this should be it for todays post on - "Coti - Mint Your .coti domain on ZNS - Lets Explore..." Happy Investing & Stay COTI.... Cheers
Image Courtesy:: coti, cotiearn, medium
Best Regards
Paras
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I have a personal interest in blockchain, stocks, and cryptocurrencies and actively invest in emerging projects.