KIP Protocol announced an important collaboration with Moemate, a leading AI Agent platform. This collaboration will leverage KIP Protocol’s purpose-built decentralized infrastructure to help Moemate’s more than 3 million users enter Web3. Moemate will serve as the flagship project of KIP Protocol’s new AI Alliance, demonstrating KIP Protocol’s ability to handle large-scale deployments and setting new standards in scalability, security, and ownership of AI interactions.

The AI ​​Agent market is growing at a compound annual growth rate (CAGR) of 40.7% and is expected to reach $51 billion by 2030. This collaboration will position KIP Protocol well in the rapidly expanding industry. KIP Protocol's technology addresses key data privacy and user control issues, and is expected to transform traditional AI services and drive the transition to decentralized AI solutions across industries.

Providing users with the next generation of AI companion services

Moemate is a leading AI Agent platform that has built an ecosystem of mixed reality AI Agents from chatbots to AR/VR, including personalized AI companions that can play games with users, and AI NPCs in games. Moemate is already a leader in the field of "Entertainment AI" with over 3 million users, and more new features are planned that will enable the community to build more advanced experiences, own and monetize them.

Seamlessly connect Web2 and Web3 AI users

KIP Protocol's Web3 infrastructure solves the challenges of decentralized deployment, connection, and monetization, enabling the rapid creation and monetization of decentralized AI products, attracting large government agencies, and adopters of mature Web2 and Web3 platforms. As a pioneer in decentralized retrieval-augmented generation (D/RAG), KIP Protocol won the Tencent Cloud Award at the Chainlink 2023 Fall Hackathon and set a new standard for decentralized AI.

Moemate's AI platform will use KIP Protocol's tools and infrastructure to gradually decentralize its architecture, seamlessly introducing Web2 AI users into Web3's decentralized AI ecosystem.

The cooperation includes the following:

- Fully interoperable account abstraction, allowing users to interact freely in the Moemate and KIP Protocol ecosystems

- Tokenization, segmentation and trading of roles, skills and models

- Community-driven investing and crowdfunding of popular AI assets — users will be able to buy shares in their favorite chatbots and receive a portion of the revenue

- Choose to pay in fiat or crypto

Combining Moemate’s extensive experience in creating engaging, personalized user entertainment experiences with KIP Protocol’s cutting-edge decentralized infrastructure, this partnership sets new industry standards in user privacy, security, and ownership of digital interactions.

Reshaping the AI ​​field through KIP Protocol innovation

This collaboration marks an important achievement for KIP Protocol, demonstrating its scalability and real-world application capabilities. By supporting Moemate’s large active user base, KIP Protocol has demonstrated its ability to handle large-scale integrations and provide innovative features such as tokenizing experiences and user-owned AI companions.

Julian Peh, CEO and co-founder of KIP Protocol, commented: “At KIP Protocol, our system is carefully designed by AI developers for AI developers, with a robust and advanced infrastructure capable of supporting large-scale builds like Moemate. We believe that the decentralization of AI is the catalyst for true innovation for all AI developers. Joining forces with Moemate is a big win for KIP Protocol, and we look forward to fully supporting Moemate and providing an excellent user experience for their users.”

Ahad Shams, Founder of Moemate, added: “At Moemate, we are focused on building the future of entertainment with AI. We believe AI is unlocking entirely new experiences and interactions. Our goal is to build the right tools, platform, and infrastructure to enable the community to seamlessly build, own, and monetize these next-generation experiences across all channels and with millions of users. This partnership with KIP Protocol allows us to facilitate a community-owned ecosystem that enables community ownership.”

About KIP Protocol

KIP Protocol builds a Web3 underlying protocol for AI App developers, model makers, and data owners, enabling AI assets to be easily deployed and monetized while retaining complete digital property rights.

KIP will build a new AI business ecosystem to solve the problems and challenges faced in decentralized AI deployment and ensure that everyone can enjoy the economic benefits brought by AI.

The KIP team brings together senior PhDs and technical experts who have been committed to AI research since 2019. They also have deep professional backgrounds and rich experience in the Web3 field. They are committed to promoting the decentralization of AI and becoming an accelerating catalyst for the decentralized AI wave.