• 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

a year 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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Chainlink's Smart Collateral Technology Chosen for DTCC Trial

chest

Chainlink's smart collateral technology has been selected for a trial by DTCC, focusing on collateral management and financial infrastructure.

user avatarAyman Ben Youssef

Significant Bitcoin Withdrawal from Binance Raises Market Attention

chest

A newly created Bitcoin wallet has withdrawn 1,350 BTC from Binance, signaling important market activity.

user avatarTando Nkube

Machi Big Brother Takes Action to Protect ETH Investments

chest

Machi Big Brother has been liquidating BAYC-related assets to defend its leveraged ETH exposure in a fragile market environment.

user avatarKofi Adjeman

Ripple Secures Preliminary CASP License Approval in Luxembourg

chest

Ripple has secured preliminary approval for a CASP license from Luxembourg's CSSF, marking a significant step in its operations.

user avatarNguyen Van Long

Ripple and SBI Holdings Launch RLUSD Stablecoin in Japan

chest

Ripple has partnered with SBI VC Trade to launch the RLUSD stablecoin in Japan after receiving approval from the Japan Financial Services Agency.

user avatarJesper Sørensen

OpenAI's GPT56 Model Naming Causes Confusion in Crypto Markets

chest

OpenAI's recent announcement of naming its GPT56 model capability tiers as Sol, Terra, and Luna has led to significant discussions within the crypto community.

user avatarSatoshi Nakamura

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.