📍Project Rating: KYVE丨B $KYVE

KYVE is a Layer1 built on the Cosmos SDK, utilizing POS consensus.

The main strategic direction is focused on storage, with significant shifts in strategy occurring along the way, as it was originally a storage ecosystem built on Arweave before later transitioning to a Layer1 based on Cosmos. However, the business direction has remained unchanged.

The core goal is to build a data consumption market based on storage, where the demand side can utilize the stored data to develop applications, with one side supplying data and the other consuming it, forming the overall business logic.

From the K-line perspective, its market liquidity is not great, and it is listed on very few exchanges. It has a market cap in the range of 10-50 million, and it doesn't correlate much with the overall market.

Average

About the Rating 🔻

S: Must be monitored, but in principle, very few projects achieve this rating.

A: Worth including in the observation pool.

B: Generally represents a relatively active project level, with opportunities to enter the observation pool.

C: A relatively ordinary target.

D: Not worth monitoring.

Note: The content of this series will not involve any business components.