KIP Protocol Secures Funding Led by Animoca Ventures
Hong Kong-based company KIP Protocol has successfully concluded its strategic funding round, with Animoca Ventures leading the investment. KIP Protocol specializes in developing secure and efficient Web 3.0 infrastructure for AI creators, allowing them to retain ownership of their work, interact with other AI assets, and monetize without losing control over access. The platform enables AI app developers to create decentralized apps that link to various models and draw data from decentralized knowledge bases. KIP Protocol aims to foster a competitive business ecosystem of independent AI apps, models, and knowledge bases to counter the dominance of tech giants in the AI space.
Driving AI Decentralization
A key goal of KIP Protocol is to protect the digital property rights of AI creators by leveraging Web 3.0 technology. The company aims to create a fair monetization path for all AI creators, regardless of their size. Animoca Ventures shares this vision and believes in supporting innovative teams in the Web 3.0 space. KIP Protocol’s unique combination of expertise in AI, Web 3.0, and business makes it an attractive investment opportunity.
About KIP Protocol
KIP Protocol is focused on building Web 3.0 infrastructure for AI app developers, model makers, and data owners. The platform solves critical challenges faced in decentralized AI deployments and aims to kickstart new business ecosystems while ensuring that the economic benefits of AI are accessible to all stakeholders. Founded by industry veterans, KIP Protocol aims to drive widespread adoption of decentralized AI.
About Animoca Ventures
Animoca Ventures is the venture investment arm of Animoca Brands, a global leader in digital entertainment, blockchain, and gamification. It specializes in early-stage investments in Web 3.0 and blockchain companies and projects, actively seeking out cutting-edge projects in the space.
Hot Take: KIP Protocol Empowers AI Creators with Web 3.0 Infrastructure
KIP Protocol’s successful funding round led by Animoca Ventures is a significant step towards empowering AI creators in the Web 3.0 era. By providing secure and efficient infrastructure, KIP Protocol enables AI app developers to retain ownership of their work, interact with other AI assets, and monetize without compromising control over access. The company’s mission to counter the AI monopoly of tech giants aligns with the goal of democratizing AI and ensuring fair monetization for all contributors. With its diverse group of investors and strong backing from Animoca Ventures, KIP Protocol is well-positioned to drive the adoption of decentralized AI and level the playing field for AI creators worldwide.
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