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 Cache 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, caches will be stored in your inventory and can be opened with Keys.

Other news

Solana Sees Significant RWA Inflows

chest

Solana has recorded $348 million in net inflows of real-world assets over the past 30 days, increasing its tokenized RWA value to $720 million.

user avatarMaria Gutierrez

Aave Governance Considers Emergency Powers to Protect Users

chest

Aave governance is considering a proposal to grant emergency powers to guardians to freeze vulnerable lending pools during security threats.

user avatarDavid Robinson

Router Protocol Users Must Move Assets During Grace Period

chest

Router Protocol users must take action during the grace period to bridge assets back to origin chains before relayer nodes are disconnected.

user avatarJacob Williams

Arbitrum Proposes Disqualification of Three DeFi Protocols from Future Grants

chest

A new governance proposal by Arbitrum aims to disqualify three DeFi protocols from future DAO grant allocations due to alleged reporting failures and misuse of prior incentives.

user avatarAndrew Smith

Router Protocol to Shut Down Crosschain Network and Burn 303 Million Tokens

chest

Router Protocol has announced a deprecation plan to shut down its crosschain messaging network and burn 303 million ROUTE tokens due to unsustainable maintenance costs.

user avatarZainab Kamara

Ripple Partners with Florida Athletics to Introduce Digital Asset Payments

chest

Ripple has partnered with Florida Athletics to allow fans to use XRP and RLUSD for ticketing and merchandise, enhancing payment experiences and promoting digital asset adoption.

user avatarSon Min-ho

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.