According to Foresight News, KIP Protocol, an AI Web3-based decentralized infrastructure layer, has announced the completion of its strategic funding round. The round was led by Animoca Ventures and saw participation from B.Army, CSP DAO, MQdao, Spicy Capital, Skyvision Capital, and Purechain Capital. KIP Protocol is designed for AI models, applications, and data owners to securely transact and monetize within the Web3 ecosystem.
The platform enables valuable knowledge and data to be protected and monetized as knowledge assets, ensuring that users can interact with artificial intelligence without losing ownership. This development marks a significant step forward for the integration of AI and blockchain technology, providing a secure and decentralized solution for data management and monetization.