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

ACI Worldwide and Circle Launch USDC Settlement Pilot in Colombia

ACI Worldwide and Circle announced a collaboration to demonstrate USDC settlement integration into existing bank payment systems.

user avatarSatoshi Nakamura

Binance Wallets Drained in Major Security Breach

Wallets linked to Binance were drained of at least $55 billion, raising concerns about the security of decentralized exchanges.

user avatarJesper Sørensen

Decentralized Exchanges Facilitate Fund Swaps in Binance Hack

Decentralized exchanges like Uniswap and Aave are being used to swap frozen stablecoins for Ethereum following the Binance wallet draining incident, complicating recovery efforts.

user avatarRajesh Kumar

Bron Joins Hashgraph Association's Global Membership Program

Selfcustody platform Bron has joined the Hashgraph Association's Global Membership Program to enhance its connection with the Hedera ecosystem.

user avatarLucas Weissmann

Bitwise Asset Management Raises Bitcoin Price Projection to $1.6 Million by 2036

Bitwise Asset Management has raised its long-range Bitcoin price projection to $1.6 million by 2036, reflecting significant growth expectations based on anticipated institutional allocations and demand for scarce assets.

user avatarFilippo Romano

Movantis Integrates Stellar for Enhanced Cross-Border Payments

Movantis and the Stellar Development Foundation announced on October 29 that Stellar will become a settlement option in Movantis' multirail payment network, focusing initially on USDC settlements for transfers from the US to El Salvador.

user avatarEmily Carter

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.