SINGAPORE, December 11, 2024 (GLOBE NEWSWIRE) — KIP Protocol, the Web3 base layer for decentralized AI, announces its highly anticipated Token Generation Event (TGE). With a first wave of announcements confirmed on KuCoin, Gate.io and BingXand with past investment cycles led by Animoca Ventures And Tribe capitalthe KIP protocol is poised to revolutionize the decentralized AI landscape.
With a focus on creating infrastructure that addresses all aspects of AI, governments exploring AI Sovereignty has consumer applicationsthe KIP protocol aims to achieve more than 100,000 daily active users (DAU) and unlock the largest total addressable market (TAM) in decentralized AI. Meeting the challenges of connectivity, monetizationAnd possessionthe platform allows creators to transform their innovations into tangible and lasting value.
Transforming AI Monetization: $KIP Token and D/RAG Technology
Leader in decentralized AI, KIP Protocol is the inventor of Augmented generation by decentralized recovery (D/RAG) and a winner of Chainlink Fall Hackathon 2023 among 18,000 other participants, highlighting his leadership in the field. By integrating advanced blockchain solutions with AI innovations, KIP creates transparent bridges between AI creators (app developers, model trainers, and data owners) within a trustless decentralized ecosystem .
At the heart of this ecosystem is the $KIP tokenserving as an economic engine. The token enables transparent revenue sharing, allowing creators to retain digital ownership rights to their AI assets while accessing sustainable revenue streams. Through its ERC-3525 tokenization, KIP is democratizing access to AI innovations and enabling creators to thrive in a decentralized economy.
Rapid traction in key verticals
KIP Protocol has demonstrated impressive technological versatility and business development capabilities across sectors and regions, having already accomplished the following:
- Education: Thanks to its collaboration with Open campusKIP built Open Campus U (OCU)an AI-powered education platform targeting at least 1 million learners. Supported by a $10 million DAO fund, OCU aims to reach 250 million students at 23,000 universities worldwide.
- Entertainment: Going into the red AI Agent space, KIP made its first investment in Moématean AI-powered social platform with 5 million Web2 users, KIP is driving the platform’s transition to Web3 using its industry-leading infrastructure. Moemate is just the beginning, as KIP envisions a future filled with diversity AI agent applications-Since AI Companions has Specialized AI who might one day take on routine roles like financial management.
- Infrastructure and development: Collaborate with AethirKIP integrates over 40,000 GPUs through a decentralized GPU cloud infrastructure, powering AI ecosystems and improving the accessibility of decentralized applications.
- Government: With a view to integrating entire nations, Argentina is the first country in which KIP will have significant influence, impressing the president Javier Milei with his vision for AI Sovereignty. Beyond this milestone, the team is actively engaging with policymakers in other countries to explore how decentralized AI can transform city managementTHE education sectorand data-intensive tasks, boosting productivity and creating technology-driven jobs.
- Biotechnology: By obtaining a Memorandum of Understanding with one of Thailand’s largest government research institutesKIP is expanding into the field of biotechnology, supporting data-driven decision-making in stem cell production.
- Developer Empowerment: Strategic investment in HackQuest fosters the next generation of innovators, extending decentralized AI knowledge to a community of 50,000 developers.
Opportunities for AI innovators and consumers
The launch of the $KIP token opens up unprecedented opportunities for participation in the decentralized AI economy. Token holders have access to a transparent marketplace for AI models, tools and services, enabling efficient monetization and collaboration.
Julien Pehco-founder and CEO of KIP Protocol said:
“KIP aims to make real impact through our DeAI framework. While we are honored to be trusted by so many leading organizations and countries around the world as customers, our TGE still marks a major milestone, paving the way for a truly decentralized future where creators own a fair share of the economic benefits of AI. a propelled future.
James Hohead of Animoca Ventures, added:
“KIP is at the forefront of decentralized AI adoption, with the vision and technology to redefine AI, and real-world execution capabilities to match. This token launch not only accelerates its mission, but also opens the door for creators and users to thrive in a decentralized AI economy while retaining full digital ownership rights to their AI assets.
A vision for a decentralized AI future
As KIP leads the charge in decentralized AI adoption, its TGE represents a major turning point for AI creators, businesses, and consumers. The $KIP token provides a gateway to a decentralized future where the full potential of AI can be unleashed: empowering innovators, fostering collaboration, and generating tangible results in Web3 and beyond.
For more information, visit KIP Protocol Website
About the KIP protocol
The KIP protocol creates a Web3 infrastructure for AI application developers, modelers and data owners, enabling easy deployment and monetization of AI assets while retaining full ownership rights.
KIP has been a pioneer in decentralized recovery augmented generation (D/RAG), being a winner of the Chainlink Hackathon in 2023. This expertise in D/RAG has been integrated into a framework called KnowledgeFi, currently used by leading Web3 companies to monetize knowledge assets using AI.
KIP solves critical challenges faced in decentralized AI deployments, with the aim of jump-starting entirely new business ecosystems and ensuring that everyone can benefit from the economic benefits brought by AI.
Founded and led by seasoned AI PhDs and tech industry veterans, KIP aims to be a catalyst for the widespread adoption of decentralized AI.
To learn more, visit www.kip.pro or follow them onKIP protocol
For media inquiries, contact presse@kip.pro
Disclaimer: This content is provided by the KIP protocol. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release does not constitute an investment solicitation nor is it intended to constitute investment advice, financial advice or trading advice. It is strongly recommended that you perform due diligence, including consulting a professional financial advisor, before investing in or trading cryptocurrencies and securities. Please do your own research and invest at your own risk.
