Its a free web hosting for one year and after that if your using it for Commercial Use you'll only pay $3 for a renewal! (not bad for using their service for whole year)
The advantage of it is that you don have to drag the name of your hosted platform for your blog and have a customize domain of your own. You can also set up an Adsense for Domain and earn money, just follow this, link.
I will teach you instructions on how to set it up for Blogger.
Blogger:
(click the images to enlarge)
Source: www[dot]co[dot]cc
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