Congratulations to#AIunderlying protocol KIP Protocol for completing a $5 million financing, led by Animoca Ventures and Tribe Capital. The total amount of financing has reached $10 million.
KIP Protocol is the world's first AI underlying protocol that supports decentralized retrieval augmentation generation network (dRAG). It aims to build the#Web3foundation layer of#AIand unleash the potential of decentralized AI (DeAI) by solving key problems faced by AI product developers in Web3 deployment, connection and monetization.
At present, AI projects in Web3 are often difficult to implement. The cooperation between KIP Protocol and Moemate, a leading AI-Agent platform, has become a benchmark for actual commercialization. Moemate aims to introduce Moemate's 3 million users to Web3. Through this cooperation, KIP Protocol has demonstrated its scalability and innovation capabilities in large-scale AI deployment, as well as new standards in security and ownership in AI interactions.
In addition, KIP recently obtained the management rights of a $10 million fund from its partner Open Campus to continue building the decentralized AI-driven online learning and education platform Open Campus U, jointly laying out and developing the "DeAI+Education" map, and redefining decentralized education.
According to forecasts, the AI ââagent market will reach $280 billion in 2030, with a compound annual growth rate (CAGR) of 40.7%; the education market is expected to reach $1 trillion in 2030. Through cooperation with Moemate and Open Campus, KIP Protocol is positioned at the forefront of these two rapidly expanding markets.
Summary: As an innovative Web3 foundation layer, KIP Protocol not only performs well in technology, but also shows great potential in market application and commercialization. It deserves special attention and is worth looking forward to in the future!
