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KIP

KIP

KIP
$0.0₄1470Up 12.07 percent($0.00)

Key Stats

Market Cap$147.08KUp 12.07 percent
Volume (24h)$49.06
Fully Diluted Value$147.08K
Vol/Mkt Cap (24h)0.03%
Total Supply10.00B KIP
Max Supply∞
Launch Date2024-12-03
Built OnETH
Token StandardERC20
Smart Contract Address0x946f…d374
Decimal Places18

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Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
KIPERC20ETH0x946fb08103b400d1c79e07acCCDEf5cfd26cd3742024-12-03

About KIP

KIP Protocol is a decentralized Web3 framework that enables the creation, management, and monetization of Knowledge Assets for AI applications. Utilizing $KIP tokens, the platform ensures transparent revenue sharing, decentralized governance, and fosters innovation within the AI ecosystem.

Frequently Asked Questions

KIP Protocol is an open-source Web3 framework designed to facilitate the creation, management, and monetization of decentralized Knowledge Assets for AI applications. It aims to democratize AI by granting true digital ownership rights to data producers, model developers, and application designers, ensuring transparent accounting and equitable revenue sharing among all contributors.

KIP Protocol serves as a decentralized base layer where AI models, applications, and data owners can securely transact and monetize their assets within the Web3 ecosystem. By tokenizing each component as an NFT or ERC-3525 Semi-Fungible Token (SFT), the protocol enables seamless interactions and real-time value transfers between users and creators. This structure promotes a fair distribution of AI-generated value and fosters collaboration among diverse stakeholders.

The $KIP token is integral to the KIP Protocol ecosystem, serving multiple functions:

  • Transaction Currency: Acts as the medium for all economic activities within the ecosystem, enabling seamless payments for AI services and Knowledge Assets.

  • Staking Mechanisms: Allows users to stake $KIP tokens to mint tradable Knowledge Assets, build reputation scores, and gain access to project allocations on the KIP Starter Launchpad.

  • Governance Rights: Empowers token holders to participate in the KIP DAO, influencing key decisions on protocol upgrades, grant funding, and strategic direction.

The development of KIP Protocol is led by a team of AI researchers and Web3 enthusiasts who have been working on AI and big data solutions since 2019. Their mission is to counteract monopolistic control in AI by providing a market-based, technology-secured solution that empowers individual contributors and smaller entities.