• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Kite AI Introduces AI Layer 1 Blockchain on Avalanche

user avatar

by Giorgi Kostiuk

2 years ago


Kite AI has introduced the world's first AI-optimized blockchain platform on Avalanche. This marks the launch of a testnet providing an environment for transparent and decentralized functioning of data, models, and AI tools.

An AI-Optimized Blockchain for Developers and Institutions

Kite AI was created to overcome the limitations of traditional blockchains, such as scalability issues, inefficient data processing, and centralized control over AI processes. The platform offers an equitable coordination layer that allows AI contributors, such as autonomous agents, model builders, and data providers, to collaborate while retaining ownership and fair compensation for their contributions. The foundation of Kite AI's infrastructure is the Proof of Attributed Intelligence (PoAI) consensus mechanism, which facilitates transparent attribution and rewards AI contributions.

Key Features of Kite AI’s Blockchain

Kite AI combines four core components to facilitate a decentralized AI economy: Proof of Attributed Intelligence (PoAI) for tracking and rewarding AI contributions; a Decentralized Data Access Engine offering secure and transparent data access with attribution mechanisms; a Composable AI Ecosystem with Customizable Subnets that encourages collaboration among data providers, model builders, and AI developers. Portable, Decentralized AI Memory allows for privacy-protected data storage.

Advancing AI on Avalanche

Kite AI actively supports the growth of the AI ecosystem on Avalanche as a member of the Avalanche InfraBuidl (AI) program's selection committee. The partnership aims to establish Avalanche as a preeminent blockchain for AI applications by incorporating a scalable, decentralized AI infrastructure.

We’re proud to bring the first purpose-built Layer 1 for AI to Avalanche. Our testnet launch not only advances blockchain AI innovations but also introduces the next generation of AI-driven infrastructure for Web3 builders. With Kite AI, we’re unlocking a programmable AI value chain where developers and institutions can seamlessly build, collaborate, and scale.Chi, CEO of Kite AI

Kite AI's testnet is now accessible for developers and organizations eager to explore AI-powered blockchain applications.

chest
chest
chest

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Trump Asserts US Dominance Over Strait of Hormuz Amid Tensions

chest

US President Donald Trump claims total US control over the Strait of Hormuz amid tensions with Iran, despite a significant drop in maritime traffic.

user avatarAndrew Smith

Crypto Market Faces Layoffs and Shifts in Investment Trends

chest

The crypto market is currently facing significant layoffs, with firms like Coinbase and FalconX reducing their workforce. Retail investors are increasingly shifting their focus from cryptocurrencies to sports betting platforms and AI stocks.

user avatarZainab Kamara

Bitwise Asset Management Reduces Staff Amid Market Adjustments

chest

Bitwise Asset Management has reduced its staff by approximately 14 employees, bringing its total workforce to about 155, while maintaining that it is still the largest in the company's history.

user avatarJacob Williams

Arthur Hayes Outlines Yenquake Macro Thesis Impacting Bitcoin

chest

Arthur Hayes proposes a macro thesis called 'Yenquake', suggesting that supporting the Japanese yen could inject dollar liquidity into global markets, potentially benefiting Bitcoin.

user avatarSon Min-ho

Jupiter Introduces Smart Debt Feature to Boost DeFi Efficiency

chest

Jupiter has launched a new feature called Smart Debt through its Jupiter Lend platform, allowing users to deploy borrowed assets into DEX liquidity pools to earn trading fees.

user avatarAyman Ben Youssef

Three Indicators for Bitcoin's Return to $100k

chest

Experts identify three signs that may indicate Bitcoin's potential to reclaim the $100k price level.

user avatarKofi Adjeman

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.