KIP Protocol is a decentralized infrastructure protocol that helps manage, authenticate, and commercialize AI data, creating transparent economic value for all participants.
The project aims to turn data and machine learning models into “knowledge assets”, helping researchers, businesses and communities to Chia , use, and profit from data in a fair, secure and transparent way thanks to blockchain technology.
- KIP Protocol is a blockchain infrastructure for managing and exchanging AI data (knowledge assets).
- The architecture consists of 3 layers: Ownership, Settlement and Application, which helps protect ownership and distribute value fairly.
- The ecosystem includes Kipley.ai, KnowledgeFi.xyz and KIP Starter Launchpad, supporting the development and commercialization of AI data.
What is KIP Protocol?
KIP Protocol is a blockchain infrastructure platform designed to support the deployment, management, and value creation of data in the field of Artificial Intelligence (AI).
The project focuses on turning raw data, machine learning models or AI architectures into knowledge assets, allowing them to be stored, traded and ownership proven transparently on the Ethereum blockchain.
“KIP Protocol will be the bridge between AI data and the decentralized knowledge economy, where every contribution is fairly recognized.”
Julian Peh – CEO KIP Protocol, 2024
What problem does KIP Protocol solve?
KIP Protocol was born to overcome the current situation of AI data centralization, when large corporations like OpenAI or Google control most of the global data sources.
This makes the data market lack transparency, creates barriers for small and medium enterprises (SMEs) to access information, and reduces the creative motivation of researchers.
KIP Protocol uses blockchain to ensure ownership and fair distribution of data value, helping to create an open data marketplace.
As AI and blockchain are gradually intersecting, many platforms like BingX are also starting to integrate data analysis tools and AI models into their trading systems, helping users access market information and make more effective investment decisions.
This shows the trend of “datafication” and “intelligence” spreading throughout the Web3 ecosystem – similar to how KIP Protocol is commercializing AI data in a decentralized and transparent way.
“Data decentralization is not just a trend, but a prerequisite for AI to become more fair and trustworthy.”
PwC AI Report 2024
What is the infrastructure of KIP Protocol?
The KIP Protocol architecture consists of three main layers: Ownership Layer, Settlement Layer and Application Layer – each layer takes on a separate function in the AI data value chain .
What is Ownership Layer?
Ownership Layer is a layer that ensures data ownership, allowing users to tokenize knowledge assets in the form of ERC-3525 standard Token – Semi Fungible Token (SFT).
This approach helps prove ownership of data on the blockchain, preventing unauthorized copying or use, and is an important step in turning AI data into valuable, tradable “digital assets.”
How does Settlement Layer work?
The Settlement layer is responsible for the on-chain payment and profit distribution mechanism. When users pay fees to use data or AI applications, the system automatically Chia revenue between the developer and the data owner.
This transparent mechanism eliminates the Vai of intermediaries, ensuring that all parties receive fair rewards, thereby encouraging innovation and Chia of quality data.
What is the Vai of the Application Layer?
The Application Layer is the bridge between the AI world and Web3, allowing developers to easily access and integrate models and data between off-chain and on-chain .
This increases interoperability and paves the way for building decentralized AI applications that are both user-friendly and secure.
“The Application Layer is the key to making AI a true Web3 service, where data is used responsibly and transparently.”
Teo Jun Hao – COO KIP Protocol, 2024
KIP Protocol's product ecosystem
KIP Protocol develops three main products: Kipley.ai, KnowledgeFi.xyz and KIP Starter Launchpad – all of which are in beta.
What is Kipley.ai?
Kipley.ai is a GAN (Generative Adversarial Network) based machine learning platform that focuses on security and creating new data (knowledge assets) according to user needs.
The platform allows users to buy, sell or exchange data transparently, while controlling access through on-chain encryption.
How does KnowledgeFi.xyz work?
KnowledgeFi.xyz is a dApp that helps creators Chia information, articles, research to earn profit, while users can access data through an integrated virtual assistant.
The project combines the knowledge Chia model and DeFi , creating the concept of “Knowledge Finance” – financialization of knowledge.
What makes KIP Starter Launchpad stand out?
KIP Starter Launchpad is a fundraising platform for researchers, allowing them to raise Capital from the community to develop AI projects or scientific works.
This tool not only provides financial resources but also helps disseminate valuable research, increasing connectivity between the community and scientists.
What is KIP Protocol Token ?
KIP is the native Token of the KIP Protocol ecosystem, operating on Ethereum according to the ERC-20 standard, Vai as a utility and governance Token .
| Information | Detail |
|---|---|
| Token name | KIP Protocol |
| Symbol | KIP |
| Blockchain | Ethereum |
| Total supply | 10,000,000,000 KIP |
| Token type | Utility & Governance |
KIP Token Allocation
KIP is allocated as follows: Ecosystem Fund (23.8%), Node Operators (20%), Strategic Sale (11%), Liquidity (10%), Treasury (10%), Team (10%), Private Sale (7.2%), Operational Expenses (5%), Advisor (3%).
KIP Token use cases
- Payment means in the ecosystem.
- Funding for research and development projects.
- Early adopter rewards.
- Vote on protocol proposals.
KIP Protocol Team, Investors, and Partners
Development team
KIP Protocol was founded by experts from Binance, OKX, Amber Group... Notable are Julian Peh (CEO, over 20 years of technology experience, participating in crypto since 2016) and Teo Jun Hao (COO, former Web3 investment director, over 6 years of project management experience).
Investors and Capital rounds
The project has completed three rounds of Capital:
- Strategic Round (February 1, 2024): with participation from Animoca Brands, SkyVision Capital, CSP DAO .
- IDO (May 13–14, 2024): open sale on BSCS, raise 140,000 USD.
- Node Sale (May 15–17, 2024): deployed via Roseon Finance, raised $50,080.
Strategic partners
KIP Protocol partners with Ultiverse (metaverse GameFi & SocialFi ), OKX Wallet, zkPass (Web3 privacy), Google Cloud for Startups - to strengthen security, computing capabilities and expand the ecosystem.
Similar Projects to KIP Protocol
In the AI + blockchain space, some projects that are aligned with KIP Protocol include:
| Project | Describe |
|---|---|
| Phoenix | Blockchain AI specializes in providing Computation Layer and Oracle for developers. |
| Nim Network | AI-integrated gaming platform, enhancing Web3 user experience. |
Frequently Asked Questions
Is KIP Protocol a private blockchain?
No, KIP Protocol is built on Ethereum, using ERC standards such as ERC-3525 and ERC-20.
What is KIP Token used for?
KIP Token is used for payments, voting, research funding and rewards in the KIP ecosystem.
Does KIP Protocol have any practical applications?
Products like Kipley.ai and KnowledgeFi.xyz are in testing and are expected to officially launch in the near future.
Who is behind the KIP Protocol project?
The project was founded by Julian Peh and Teo Jun Hao with a team from big companies such as Binance , OKX, Amber Group.
Who is KIP Protocol aimed at?
The project is aimed at AI researchers, businesses, and developers who want to exploit and Chia data transparently.
