📍Project Rating: KYVE丨B $KYVE

KYVE is a Layer 1 built on the Cosmos SDK, with POS consensus

The main strategic direction is focused on storage. There was a significant shift in strategy in the middle, as it was originally built on Arweave as a storage ecosystem before later transitioning to a Layer 1 based on Cosmos; however, the business direction has not changed.

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

From the K-line perspective, its market liquidity is not great, and there are very few exchanges listed. It has a market value of 10-50 million, and it does not closely follow the overall market trends.

So-so

About the Rating 🔻

S: Must be focused on, but in principle, it is very difficult for projects with this rating to appear.

A: Worth including in the observation pool.

B: Generally represents the level of relatively active projects, with an opportunity to enter the observation pool.

C: A relatively ordinary target.

D: Not worth paying attention to.

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