AI Data Platform KIP Protocol Launches The Uprising Event

In the current bull market, AI is undoubtedly one of the most promising fields. As the AI infrastructure, the KIP Protocol has shown tremendous development potential. The project received investments from several well-known institutions in February this year and has attracted widespread attention in overseas communities.

AI is gradually changing the way humans live and work. The release of ChatGPT-4 has brought users a smarter experience, but it has also sparked some controversy regarding copyright and data usage. For example, there have been recent rumors that OpenAI used the voice of a well-known actress without authorization. Although OpenAI later denied this claim and removed the related features, the incident has prompted people to think about the sources of AI training data.

The development of AI mainly relies on three elements: computing power, models, and datasets. However, currently, many important areas of data resources are still monopolized by a few institutions, which to some extent limits the development of AI. Compared to computing power and models, in specific fields, high-quality data resources are often more critical. At present, a large-scale AI data market has not yet formed, and this field contains enormous business opportunities.

KIP Protocol is committed to solving the copyright and data issues faced during the development of AI through decentralized Web3 technology. The project aims to establish an open AI data and knowledge marketplace that enables on-chain storage and assetization of various data, knowledge, AI models, etc., realizing their ownership and value, known as KnowledgeFi.

In the ecosystem of the KIP Protocol, knowledge assets are referred to as SFT (Semi-Fungible Tokens). This token, based on the ERC-3525 standard, can serve as a source of income and be freely traded in the market, thus forming a complete economic model that gives real value to data.

In short, the KIP Protocol creates a decentralized market for AI data and knowledge assets. Creators can package professional data on-chain and authorize users to use it by training AI models, thus generating revenue. These rights can also be traded, further creating value.

KIP Protocol utilizes SFT to confirm ownership of data and knowledge, stores data on the blockchain, and establishes a corresponding retrieval and query system to facilitate data usage and payment processes. This mechanism not only incentivizes users to contribute high-quality data for profit but also allows demand-side users to obtain usage rights through token payments, thus creating a positive economic cycle.

As the underlying protocol of Web3 AI, KIP Protocol has gained significant international attention. The project won the Chainlink Hackathon Tencent Cloud Award in 2023. In May of this year, during its node sale event aimed at community members, 400 nodes sold out in just two hours. These nodes passed audits by Zokyo and Beosin, scoring a high 98 points (out of 100), which fully demonstrates the technical strength of the team.

Recently, KIP Protocol has also established partnerships with multiple projects such as Open Campus, Aethir, Ultiverse, and OKX, further expanding its ecosystem.

Currently, the KIP Protocol is hosting a second season event called The Uprising. Users can earn points by completing various social tasks and referral activities. The official team has also launched a referral and points bonus mechanism to enhance the efficiency of points earning. It is worth noting that users holding certain well-known NFT projects can receive additional points bonuses.

The steps to participate in The Uprising event include: binding social accounts and wallets, interacting with official social media, completing specified tasks, inviting friends, etc. To ensure the fairness of the event, the organizers will punish behaviors such as using automated posting bots or manipulating the referral system.

In the long run, the impact of AI on human society is still deepening, while the combination of cryptographic technology and AI is still in its early stages, with enormous potential. The importance of the data economy in AI development cannot be ignored, but currently, this field has not attracted widespread attention and lacks mature cases. KIP Protocol activates the KnowledgeFi market through a Web3 token economy model and generates revenue through data production, having a clear first-mover advantage in this niche.