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【?? ??? ?? ??】KIP Protocol Closes Strategic Funding Round Led by Animoca

【?? ??? ?? ??】KIP Protocol Closes Strategic Funding Round Led by Animoca
Editorial Note: The ?? ??? ?? ??following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions.

Hong Kong, 1 February 2024 – KIP Protocol, the Web3 base layer for artificial intelligence (AI), has successfully closed its strategic funding round led by Animoca Ventures.

KIP Protocol builds secure and gas-efficient Web3 infrastructure that makes it possible for AI creators – whether app developers, model makers or data owners – to: 

  • deploy their work on Web3, thus retaining full ownership,
  • interact and transact with other AI assets and 
  • monetise without losing control over access. 

Using KIP Protocol, AI app developers can easily create decentralised apps linking to a wide variety of models (whether on-chain or off-chain), drawing data from decentralised knowledge bases to provide retrieval-augmented generation services, with user revenue being distributed automatically and transparently to all contributors on chain. An early alpha of KIP Protocol’s code was a prize winner at Chainlink’s 2023 Fall Hackathon.

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