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What is a .coop domain and why use it?

.coop is a domain name extension specifically reserved for cooperative organizations. It signifies that a website is owned and operated by a cooperative and adheres to cooperative principles. This domain is mainly used by cooperatives, credit unions, and related organizations to distinguish themselves online and promote their cooperative identity. Potential use cases include member-owned businesses, cooperative networks, and platforms providing resources and information for cooperatives. The .coop extension helps build trust and recognition among stakeholders, members, and the community by clearly indicating the cooperative nature of the entity.