For those that are unaware - cold staking is a way to incentivize CLO coin holders by allowing them to stake their coins and earn interest, without having to validate transactions, since consensus will still be achieved via Proof-of-Work (POW). This is an impressive accomplishment. The crypto chicken and egg problem is incentivizing the coin holders to continue holding the coins.

The techchat team is excited to follow this project! It appears as if most of the incentive is for the miners, but CLO has the attention of the space now.