Recently, with #Openai's 12 consecutive days of #AI product launch events and the Amazon AI conference, the #AI heat in December is becoming the focus and core topic of market discussions. It is expected to lead to a big explosion in the Web3 AI market! Numerous AI projects are about to go live with TGE, which is worth noting!
KIP Protocol (@KIPprotocol) is an AI decentralized underlying protocol strongly incubated by Animoca, dedicated to promoting the deep integration of #AI and #Web3 technologies. As the world's first decentralized RAG (Retrieval Augmented Generation) network, KIP Protocol provides application developers, model creators, and data owners with the capability to quickly deploy AI solutions while ensuring complete data ownership, security, and tradability. The TGE will be held at 10 AM on December 10 (KuCoin, Gate, BingX), and the airdrop details have been announced, which can be checked on the official website!
Project Highlights:
1. Technological Innovation and Leading Position
KIP Protocol is the inventor of D/RAG technology. D/RAG (Decentralized Retrieval Augmented Generation) is a method for quickly deploying AI solutions without training models, allowing AI models to access external data in real time through enhanced retrieval generation technology, thus generating more accurate and up-to-date answers. This framework ensures data ownership and security in a decentralized manner and significantly improves the deployment efficiency of AI applications in the Web3 environment.
2. Rich Industry Experience and Award Records
KIP's founding team has a deep background in AI and machine learning, actively working in the AI field since 2019 and accumulating rich business experience. The team stood out from over 18,500 participating projects in the 2023 Chainlink hackathon, winning the Tencent Cloud award, with their technical strength widely recognized.
3. Well-Known Clients and Partners
• Supported by Animoca Ventures and Tribe Capital: KIP has secured over $10 million in financing, with $5 million in the private placement round led by Animoca Ventures and Tribe Capital.
• Leading global clients and partners: KIP has signed with several well-known clients and partners, including Open Campus ($EDU), Mocaverse ($MOCA), Aethir, Moemate, and the Thailand Institute of Scientific and Technological Research (TISTR).
• Collaboration with the government: KIP has engaged in in-depth dialogue with Argentine President Milei to introduce KIP's DeAI solutions into the Argentine government, laying the foundation for expansion into the Latin American market.
4. Diversified Real Use Cases
KIP has demonstrated the powerful capabilities of DeAI in multiple fields:
• AI+Education: KIP is the official AI partner of Open Campus, responsible for building the DeAI-driven learning platform Open Campus U and managing a $10 million fund to support it.
• AI+Entertainment (AI Agent): KIP collaborates with Moemate to help its virtual AI platform achieve decentralization and bring its 5 million Web2 users into the Web3 ecosystem.
• AI+Biotechnology: Collaborating with the Thailand Institute of Scientific and Technological Research to leverage AI technology to advance regenerative medicine and stem cell research.
• AI+Government: Partnering with the Argentine government to deploy DeAI solutions, empowering national AI development.
Market Potential and Development Prospects:
KIP Protocol's FDV (Fully Diluted Valuation) during TGE is only about $100 million, far lower than many overvalued but illiquid projects in the market. With a rich client base, strong partnerships, and real commercialization application scenarios, KIP shows significant growth potential.
In addition, KIP has generated revenue through technical services and solutions, engaging in deep cooperation with clients and partners such as Animoca and Moemate. In the future, KIP will also launch a global hackathon program to further expand its developer ecosystem and continuously promote the technological and commercial development of KIP.
Summary: KIP Protocol is centered around decentralized D/RAG technology, covering multiple fields such as AI+education, entertainment, biotechnology, and government, bringing breakthrough solutions for AI applications in Web3. With the support of top investment institutions and global partners, KIP will become a leading project in the integration of AI and Web3, promoting the popularization and development of DeAI, which is worth looking forward to and long-term attention!
