KEY TAKEAWAYS
- KuCoin lists KIP Protocol, enhancing its platform with a decentralized AI framework.
- KIP Protocol facilitates AI asset deployment and monetization within the Web3 ecosystem.
- Founded by AI experts, KIP Protocol has been recognized for its innovative technology, including winning the Chainlink hackathon.
- KuCoin reminds investors of the inherent risks in cryptocurrency investments, urging thorough risk assessments.
KuCoin has announced the listing of KIP Protocol (KIP) on its Spot trading platform. The new addition is set to enhance the platform’s offerings, providing users with access to a decentralized AI framework. The announcement was made here.
Deposits for KIP Protocol are effective immediately, supported on the ETH-ERC20 network. Trading for the KIP/USDT pair will commence at 02:00 UTC on December 10, 2024. Withdrawals will be available starting at 10:00 UTC on December 11, 2024.
Understanding KIP Protocol
KIP Protocol is a decentralized AI framework designed for AI app owners, model developers, and knowledge base managers. It allows users to deploy, connect, and monetize their AI assets within the Web3 ecosystem. The protocol addresses significant challenges faced by AI developers in creating decentralized AI products.
Founded by AI experts, KIP Protocol has gained recognition, including winning the Chainlink hackathon. Since 2022, its technology has been commercially tested and adopted by various clients, including governments, NGOs, universities, and large Web3 organizations. Additionally, KIP technology is utilized in B2C platforms that launch tokenized AI Agents, positioning it at the forefront of decentralized AI (DeAI) development.
For more information about KIP Protocol, interested parties can visit their website or follow them on X (Twitter).
Risk Considerations
KuCoin has issued a reminder about the inherent risks associated with cryptocurrency investments. The market operates 24/7 without closing times, and investors are advised to conduct their own risk assessments. While KuCoin screens tokens before listing, it acknowledges that risks remain, and it is not liable for any investment gains or losses.
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