Singapore, 10th of December 2024 — KIP Protocol, the Web3 base layer for decentralized AI, announces its highly anticipated Token Generation Event (TGE), set for December 10, 2024, at 2AM UTC. With a confirmed first wave of listings on KuCoin, Gate.io and BingX, and with past investment rounds led by Animoca Ventures and Tribe Capital, KIP Protocol is poised to revolutionize the decentralized AI landscape.With a focus on building infrastructure that caters to every aspect of AI, from governments exploring AI sovereignty to consumer-facing applications, KIP Protocol sets its sights on achieving over 100,000 daily active users (DAUs) and unlocking the largest total addressable market (TAM) in decentralized AI. Addressing challenges of connectivity, monetization, and ownership, the platform enables creators to transform their innovations into tangible and sustainable value.<h3 id="strong-transforming-ai-monetization-the-kip-token-and-d-rag-technology-strong">Transforming AI Monetization: The $KIP Token and D/RAG Technology</h3>A leader in decentralized AI, KIP Protocol is the inventor of Decentralized Retrieval-Augmented Generation (D/RAG) and a winner of the 2023 Chainlink Fall Hackathon among 18,000 other participants, underlining its leadership in the field. By integrating advanced blockchain solutions with AI innovations, KIP Protocol builds seamless bridges between AI creators—spanning app developers, model trainers, and data owners—within a trustless decentralized ecosystem.At the heart of this ecosystem is the $KIP token, serving as its economic engine. The token powers transparent revenue sharing, allowing creators to retain digital property rights of their AI assets while accessing sustainable income streams. Through its ERC-3525 tokenization, KIP democratizes access to AI innovations and empowers creators to thrive in a decentralized economy.<h3 id="strong-rapid-traction-across-key-verticals-strong">Rapid Traction Across Key Verticals</h3>KIP Protocol has demonstrated impressive technological versatility and business development capabilities across sectors and regions, having already accomplished the following:<ul><li>Education: Through its collaboration with Open Campus, KIP is building Open Campus U (OCU), an AI-driven educational platform targeting at least 1 million learners. Backed by a $10 million DAO fund, OCU aims to impact 250 million students across 23,000 universities globally.</li><li>Entertainment: Entering the red-hot AI agent space, KIP has made its first investment in Moemate, an AI-powered social platform with 5 million Web2 users, KIP is driving the platform’s transition into Web3 using its cutting-edge infrastructure. Moemate is just the beginning, with KIP eyeing a future filled with diverse AI agent applications—from AI companions to specialist AIs that could one day handle routine roles like finance management.</li><li>Infrastructure &amp; Development: Collaborating with Aethir, KIP is integrating over 40,000 GPUs through decentralized GPU cloud infrastructure, powering AI ecosystems and enhancing accessibility for decentralized applications.</li><li>Government: With a view of onboarding entire nations, Argentina marks the first country where KIP will make significant traction in, impressing President Javier Milei with its vision for AI sovereignty. Beyond this milestone, the team is actively engaging with policymakers in other countries to explore how decentralized AI can transform city management, the education sector, and data-intensive tasks, driving productivity and creating tech-driven jobs.</li><li>Biotech: By securing an MOU with one of Thailand’s largest government research institutes, KIP is expanding into biotech, supporting data-driven decision-making in stem-cell production.</li><li>Developer Empowerment: Strategic investment in HackQuest is fostering the next generation of innovators, expanding decentralized AI knowledge to a community of 50,000 developers.</li></ul><h3 id="strong-opportunities-for-ai-innovators-and-consumers-strong">Opportunities for AI Innovators and Consumers</h3>The $KIP token launch unlocks unprecedented opportunities for participation in the decentralized AI economy. Token holders gain access to a transparent marketplace for AI models, tools, and services, enabling efficient monetization and collaboration.Julian Peh, Co-Founder and CEO of KIP Protocol stated:“KIP Protocol aims to provide real-world impact through our DeAI framework. While we are honoured to have the trust of so many prominent organisations and countries around the world as clients, our TGE still marks a major milestone, setting the stage for a truly decentralized future where creators own a fair share of the economic benefits of the AI powered future.”James Ho, Head of Animoca Ventures, added:“KIP is at the forefront of decentralized AI adoption, with a vision and technology to redefine AI, and the real-world execution abilities to match. This token launch not only accelerates its mission but also opens doors for creators and users to thrive in a decentralized AI economy while retaining full digital property rights over their AI assets.”<h3 id="strong-a-vision-for-a-decentralized-ai-future-strong">A Vision for a Decentralized AI Future</h3>As KIP Protocol leads the charge in decentralized AI adoption, it&#39;s TGE represents a major turning point for AI creators, enterprises, and consumers. The $KIP token offers a gateway to a decentralized future where AI’s full potential can be unlocked—empowering innovators, fostering collaboration, and driving tangible outcomes in Web3 and beyond.For more information, visit<a href="https://kip.pro/" rel="noopener noreferrer nofollow"> KIP Protocol’s Website</a>About KIP ProtocolKIP Protocol builds Web3 infrastructure for AI app developers, model makers and data owners, empowering easy deployment and monetisation of AI assets while maintaining full ownership rights.KIP was a pioneer in Decentralized Retrieval Augmented Generation (D/RAG), being a winner of the Chainlink Hackathon in 2023. That expertise in D/RAG was built into a framework called KnowledgeFi, currently used by leading Web3 companies to monetise Knowledge Assets using AI.KIP solves mission-critical challenges faced in decentralized AI deployments, with an aim to jumpstart wholly new business ecosystems, and ensure the economic benefits brought about by AI can be enjoyed by all.Founded and helmed by veteran AI PhDs and tech business veterans, KIP aims to be a catalyst for the widespread adoption of decentralized AI.To learn more, visit www.kip.pro or follow them on X &#64;KIPprotocolFor media inquiries, contact press&#64;kip.pro—OPTION 2—KIP Protocol Launches $KIP Token, Pioneering the Future of Decentralized AISingapore, December XX, 2024 — In a groundbreaking move set to redefine the decentralized AI landscape, KIP Protocol, the base layer for decentralized AI, announces its inaugural Token Generation Event (TGE) on December 10, 2024, at XX:XX UTC. With listings on KuCoin, Gate.io and BingX and a $10 million funding round led by Animoca Ventures and Tribe Capital, KIP is positioned to lead the next evolution of AI innovation.With a vision to create a robust infrastructure that serves the full spectrum of AI needs, KIP is designed to cater to everyone, from governments exploring AI sovereignty to consumer-facing AI agents. With an ambitious goal to onboard over 100,000 daily active users (DAUs), KIP addresses the most pressing challenges in decentralized AI—connectivity, monetization, and ownership. By providing seamless pathways for AI creators, including app developers, data scientists, and model trainers, KIP is building a scalable, transparent, and efficient decentralized AI economy that puts people and innovation first.<h3 id="strong-a-decentralized-economy-for-ai-creators-strong">A Decentralized Economy for AI Creators</h3>At the heart of KIP is its revolutionary $KIP token, which fuels transparent revenue sharing and equitable access to AI tools and services. Unlike traditional centralized systems, KIP empowers AI creators to retain ownership of their intellectual contributions while generating sustainable income.KIP invented Decentralized Retrieval-Augmented Generation (D/RAG), a pioneering solution connecting AI resources in a decentralized, trustless environment, winning the 2023 Chainlink Fall Hackathon among 18,000 participants. This breakthrough empowers creators to deploy AI assets swiftly, retain ownership, and monetize seamlessly through KIP’s advanced Web3 infrastructure.<h3 id="strong-building-bridges-across-sectors-strong">Building Bridges Across Sectors</h3>KIP’s infrastructure is already transforming industries, forging partnerships that merge technology with purpose:<ul><li>Education: In collaboration with Open Campus, KIP is building Open Campus U (OCU), an AI-powered platform aiming to onboard one million learners and impact 250 million students globally.</li><li>Entertainment: Driven by its belief in the transformative potential of AI agents, KIP invested in Moemate as the first of many consumer-facing applications it plans to support. This deep integration leverages KIP’s infrastructure to transition Moemate’s 5 million Web2 users into Web3, redefining the AI agent sector with applications like AI companions and beyond.</li><li>Infrastructure: By integrating over 40,000 GPUs through Aethir, KIP is expanding access to decentralized computing for AI-driven applications.</li><li>Developer Empowerment: Strategic investment in HackQuest is fostering the next generation of innovators, expanding decentralized AI knowledge to a community of 50,000 developers.</li><li>Biotech: KIP’s MOU with Thailand’s leading research institute is enabling next-gen biotech solutions powered by decentralized AI.</li><li>Government: Argentina marks the first country where KIP’s innovative approach to decentralized AI has gained traction, impressing President Javier Milei with its potential to advance AI sovereignty, create tech jobs, and enhance education within the nation’s universities. Beyond Argentina, KIP is actively engaging with policymakers worldwide to explore applications in city management, the education sector, and productivity-driven initiatives requiring advanced data analysis.</li></ul><h3 id="strong-why-it-matters-strong">Why It Matters</h3>Decentralized AI transforms how creators monetize and retain ownership of their contributions. The $KIP token empowers them to achieve both impact and profitability, fostering a decentralized economy where their work is acknowledged, valued, and rewarded.Julian Peh, Co-Founder and CEO of KIP Protocol, stated:“Decentralized AI is the inevitable next step in advancing AI. At KIP, we are equipping creators—whether developers, educators, or visionaries—with the tools and infrastructure to build, monetize, and retain ownership of their contributions in AI.”James Ho, Head of Animoca Ventures, added:“KIP Protocol is charting a brand new path for AI creators. The $KIP token launch is a defining moment, enabling creators to work without centralized barriers and participate fully in a fair, decentralized AI ecosystem.”<h3 id="strong-redefining-the-future-of-ai-strong">Redefining the Future of AI</h3>KIP Protocol’s TGE is the spark that is set to ignite a movement to decentralize and democratize AI. It offers an open invitation to all creators and builders to participate in building a future where AI is equitable, accessible, and impactful.For more information, visit<a href="https://kipprotocol.com/" rel="noopener noreferrer nofollow"> kip.pro</a>About KIP ProtocolKIP Protocol builds Web3 infrastructure for AI app developers, model makers and data owners, empowering easy deployment and monetisation of AI assets while maintaining full ownership rights.KIP was a pioneer in Decentralized Retrieval Augmented Generation (D/RAG), being a winner of the Chainlink Hackathon in 2023. That expertise in D/RAG was built into a framework called KnowledgeFi, currently used by leading Web3 companies to monetise Knowledge Assets using AI.KIP solves mission-critical challenges faced in decentralized AI deployments, with an aim to jumpstart wholly new business ecosystems, and ensure the economic benefits brought about by AI can be enjoyed by all.Founded and helmed by veteran AI PhDs and tech business veterans, KIP aims to be a catalyst for the widespread adoption of decentralized AI.To learn more, visit www.kip.pro or follow them on X &#64;KIPprotocolFor media inquiries, contact press&#64;kip.pro

KIP Protocol Unveils Token Generation Event, Igniting a New Era for Decentralized AI Innovation with $KIP Token

Table of Contents

Terry Junior

Other articles published on Dec 10, 2024

Top 5 Altcoins to Watch as the Market Embarks on Its Biggest Bull Run Yet!

Sol Sniper Launches First Memecoin Trading Bot for X

TRON Price Slips Behind as Lightchain AI Crypto Gains the Spotlight It Rightfully Deserves Smashi...

This new Solana-based coin could turn $1000 into $100,000 overnight

Altcoins Dominate December 2024: Season Index at Yearly High

Move Over Shiba Inu: This $0.0011 Solana Memecoin Could Be the Top Performer in 2025

Join our free newsletter for daily crypto updates!