KIP Checker Node Sale: Powering the Future of Decentralized AI

May 9, 2024

KIP Checker Node Sale: Powering the Future of Decentralized AI

We are delighted to officially announce the upcoming KIP Node Sale – your chance to get involved in decentralized AI, support KIP's network operations, and earn rewards from various revenue streams.

KIP Protocol is at the forefront of merging blockchain technology with artificial intelligence (AI), establishing a decentralized foundation for AI Assets Models, AI Apps & Knowledge Bases. This infrastructure facilitates the smooth operation and monetization of AI assets while empowering creators to retain ownership and control over their work.

Introducing the KIP Checker Nodes

To catalyze decentralized AI, KIP is launching a robust decentralized network of Checker Nodes designed to enhance transactional integrity and user trust among decentralized AI players. These nodes play a crucial role in monitoring services and identifying bad actors within the KIP ecosystem. In return for their vital contributions, KIP Checker Nodes operators receive KIP tokens as rewards.

Key Info:

  • Operate Anywhere: KIP Checker Nodes can be operated on personal computers, Virtual Private Servers (VPS), or through Node-as-a-Service (NaaS) platforms.
  • Token Compensation: Node operators are rewarded with $KIP tokens for their contributions.
  • Network Strength: The network's robustness stems from its distributed verification and consensus-based checking.
  • Licensing: Operators require Checker Node License NFTs on Arbitrum to run nodes and earn rewards.

Checker Node Rewards:

  • Dedicated Token Allocation: 20% of the $KIP token supply distributed over 3 years.
  • Quick Earning Intervals: Rewards accrue in 15-minute epochs.
  • Withdrawal Period: No cliff - Withdrawable every 30 days, starting from 7 days after TGE.
  • Transferability: Node licenses will be transferable 6 months post-TGE.

How to Get Whitelisted?

For Everyone:

  • Join the Waitlist: Click here and sign up for a chance to secure your spot on our waitlist.
  • Engage in Exclusive Events: Watch out for special opportunities for whitelisting. Participating in these events offers you an additional chance to be whitelisted.

For Communities and KOLs:
If you have a substantial following or network, you have a chance to secure your whitelist spot directly by completing our form here. KOLs will receive a unique referral code to share with their community.

For Genesis Pass and KIP100X SBT:
Genesis Pass and SBT holders will receive a special whitelist allocation for our node sale. More details on this to follow.

Why Run a Node on KIP?

Running a node on KIP contributes to the decentralization of AI and allows you to earn rewards as a network participant.

Nodes on KIP Protocol are crucial for validating transactions, securing the network, and ensuring the integrity and availability of data provided by AI Models and Data Owners within the KIP network.

KIP’s node architecture is built for stability and growth. Unlike other AI networks that might depend heavily on central points that can fail, KIP spreads out these responsibilities across many nodes, reducing risk. Here’s why this setup is beneficial:

  • Decentralized Trust: Unlike centralized systems, where a single point of failure can lead to widespread disruption, KIP’s decentralized approach distributes responsibilities across numerous nodes, enhancing overall network reliability.
  • Rewards and Incentives: The protocol encourages optimal performance through a system of incentives and penalties, aligning the interests of node operators with the health of the network.
  • Growth Readiness: As the network grows, the multi-node structure can seamlessly handle increased demand, maintaining efficiency and service quality without compromise.

By operating a node, you help maintain the ecosystem’s efficiency and trustworthiness, all while contributing to a democratized AI development environment​​.

To learn more about how a KIP Node operates, visit our docs here.

Multi-Stream Revenue Opportunities for Node Operators

Node operators in the KIP ecosystem are poised to simultaneously tap into 3 revenue streams, including:

  • Transaction fees
  • Staking rewards
  • Earnings from decentralized governance activities

The decentralized nature of KIP ensures that all participants who contribute to the network's maintenance and governance are fairly compensated​.

Tiered Public Node Sale: Everyone Can Participate

The KIP Node sale will be structured in tiers, providing opportunities for both large investors and individual enthusiasts to participate. 

This tiered approach ensures fair access and distribution, allowing a diverse group of participants to help shape the KIP ecosystem​​.

Node Sale Schedule and Participation Details

The dates and details for the whitelisted and public node sales will be announced soon.

A special allocation of nodes is set aside for the KIP community, partners, and KOLs to access the whitelist as early adopters of the network.

Stay tuned to KIP’s official channels to make sure you seize the opportunity to participate in what could be one of the most exciting node sales in Web3.

More about KIP Protocol

KIP Protocol establishes a Web3 foundation layer specifically designed for artificial intelligence (AI). It's a secure, gas-efficient infrastructure that enables AI creators — whether they are app developers, model makers, or data owners — to deploy their work on the blockchain. This framework ensures complete ownership and control while simplifying interaction and monetization of AI assets.

Key highlights include:

  • Winning the 2023 Chainlink Hackathon, which had over 18,500 participants.
  • Developing the most comprehensive decentralized AI solution, addressing critical issues such as ‘the connectivity problem’, ‘money problem’, and ‘the ownership & security problem’.
  • Being the first Web3 platform to integrate an innovative on-chain decentralized Retrieval Augmented Generation (RAG) solution.
  • Growing to over 200k+ community members.
  • Securing strategic contracts with a leading GPU Cloud Infrastructure provider and a pioneering decentralized education protocol in Web3, further solidifying our position in the market and expanding our ecosystem.

$KIP token is the native token of KIP Protocol and the cornerstone of its ecosystem. This ERC-20 token facilitates various activities within the protocol, from governance and transactional operations to funding innovative projects through the DAO and rewarding community engagement​. 

Backed by committed investors including Animoca Ventures, Tribe Capital, GBV Capital, Morningstar Ventures, Kyros Ventures and others:

To further our mission we joined forces with prominent partners such as Open Campus, Aethir, Google Cloud, Bitget, OKx, Port3, DevolvedAI, zkPass, Particle Network, Moledao. With more to be announced soon.

The Team Behind KIP

KIP Protocol is led by a seasoned team of AI PhDs and tech entrepreneurs, whose combined expertise anchors our project's vision and execution. Our leaders have established track records in pioneering advanced AI technologies and scaling tech ventures successfully. Since 2019, they have adeptly handled complex AI projects for large global commercial clients, demonstrating their capability to innovate and adapt in a rapidly changing technology landscape.

Our team's expertise is not limited to AI. They are deeply rooted in the Web3 industry, possessing extensive global experience in developing products and cultivating communities within decentralized frameworks. This unique blend of AI acumen and crypto-native experience equips them to ensure that KIP Protocol not only meets the current demands of the market but also anticipates and shapes future trends in AI and blockchain technology.

Let’s Shape the Future of Decentralized AI Together

By joining the KIP Node Sale, you are at the forefront of merging AI and blockchain to create a more equitable and accessible digital world. As a node operator, you become a vital part of the KIP ecosystem, directly contributing to and benefiting from its growth and success.

For more information and updates on the sale schedule, please visit the KIP Protocol website and join our community on  X, Discord, and Telegram.

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