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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Bitmine Immersion Technologies Reports Significant Ethereum Holdings

Bitmine Immersion Technologies has filed an update with the SEC revealing significant Ethereum holdings of approximately 605 million ETH and total investments around $15 billion.

user avatarLucas Weissmann

Stellar's Bell Upgrade Introduces Key Infrastructure Enhancements

Stellar's Bell upgrade introduces significant infrastructure improvements, including muxed contract addresses and support for post-quantum signature verification.

user avatarMaya Lundqvist

Strive Acquires 6,182 Bitcoin Amid Market Volatility

Strive disclosed the purchase of 6,182 bitcoin between October 17 and October 23, 2023, raising its total holdings to 43,000 BTC amid market volatility.

user avatarFilippo Romano

US Imposes Ban on Imports of Foreign-Made Humanoid Robots

The US Federal Communications Commission has imposed a ban on the import of new foreign-made humanoid robots for national security reasons.

user avatarKaterina Papadopoulou

Shanghai's STAR 50 Index Plummets by 40% Amid Market Turmoil

The STAR 50 index in Shanghai has plummeted by 40% in under four months, losing about 480 billion in market value amid concerns over AI profitability.

user avatarEmily Carter

Chinese Stocks Plummet by 24 Trillion Amid AI Profitability Concerns

China's stock market has lost approximately 24 trillion in market value since May 2023 due to skepticism about AI companies' profitability.

user avatarTomas Novak

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.