co.cc is providing free domain for registration. The extension of the domain will be .co.cc and are compatible with new website creation (DNS) settings and url forwarding. You can register a domain (which is available) and can set up your own website on it for free. Domains provided are not TLD’s but still one can use them for redirection. The next question can be like - Do they provide Web Hosting. Well NO. However you can register and separate account for web hosting with any free hosting service provider and everyone is aware of free web hosting service provider.
However within 24 hours of domain setup you would have to use the domain for redirection (which can be very useful if you want to shorten you existing web address) or have to anter the DNS fields otherwise domain registered will be cancelled. Also it is apparant to everyone how to use website to make earnings. For those who find it difficult to find free hosting I am suggesting few websites.
freehostia.com, 000webhost.com, everydns.net, hostgator.com
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