KIP Protocol is an open-source Web3 framework designed to create, manage, and monetize decentralized Knowledge Assets for AI applications, launching the era of KnowledgeFi. It empowers AI value-creators—whether in data production, model training, app design, or other areas—to connect their expertise, ensuring transparent accounting and revenue sharing. Each component is encapsulated in an ERC-3525 Semi-Fungible Token (SFT), enabling seamless, low-gas transfers of economic value between components in real-time.
Why is there a Need for the KIP Protocol?
The rapidly evolving AI landscape is increasingly dominated by tech giants, posing significant societal challenges due to AI's complexity, opacity, and profound impact on all aspects of human activity.
This monopolistic control over AI is particularly dangerous, with more extensive and profound consequences than monopolies in other tech sectors. We cannot remain passive; the risks to humanity are too significant.
Monopolistic control over AI starts with the absorption of our knowledge and data to train ever-larger models. This is followed by other areas of AI value creation, such as app and agent development, orchestration, and embedding standards, being forced to conform to the closed standards of big tech companies.
KIP Protocol was designed to break this stranglehold through an open Web3 framework that ensures even smaller AI value creators are fairly compensated for their contributions.
KIP Achieve this by creating technical frameworks for connecting AI components, recording interactions on-chain, and efficiently and seamlessly splitting and sharing value.
KIP Protocol Layers
KIP Protocol consists of three layers:
Application Layer: AI applications can be deployed on KIP Protocol by minting an ERC-3525 SFT, which connects to AI models and Knowledge Assets. Interactions are recorded on the $KIP ledger.
Settlement Layer (Accounting Layer): Connected applications, models, and Knowledge Assets transfer value efficiently in $KIP. Technical details are provided here.
Ownership Layer: Data and Knowledge can be stored and encrypted on-chain, accessible to selected AI models for retrieval-augmented generation (RAG) or training while remaining inaccessible to humans to prevent piracy.
Anyone can use the KIP Protocol to create, protect, and secure their Knowledge Assets on-chain.
KIP Protocol Function
Below is an overview of KIP Protocol functions:
| Knowledge Asset creation | Minting of ERC-3525 SFTs. |
| Knowledge Asset trading (including fractionalised trading) | Order placement and payment and asset transfer. Fractionalising of Knowledge Asset SFTs for greater liquidity and portfolio construction by Knowledge Investors. |
| Network verification | Nodes check API uptime and report back to the KIP DAO regarding broken links or malicious providers. |
| Automated revenue share | Automated split and sharing of revenues among app, model and dataset owners. |
| Knowledge Asset crowdfunding | App, model and dataset owners can demonstrate past revenue and seek funds for further expansion by selling a portion of their future revenues to investors. |
| Token Gating | Creator use of KIP Protocol SFTs to token-gate access to their own works. |
| Decentralised RAG | Using KIP Protocol to carry out decentralised RAG, incorporating contributions from app developers, model trainers and data owners, ensuring fair payments to each. |
| Decentralised RLHF (experimental) | Using KIP Protocol to organise & incentivise human reinforcement learning in AI model training. |
| Decentralised recording nodes (experimental) | Use of websocket access nodes and eventually possibly an independent app chain with its own RPC nodes and validators for the purpose of storing data. |
$KIP Token
$KIP Token The $KIP token serves as the fuel of the KIP Protocol and powers the entire ecosystem of the KIP Protocol.
The $KIP token serves multiple crucial functions within the KIP Protocol ecosystem:
Ownership Representation: $KIP tokens represent ownership of knowledge assets through ERC-3525 Semi-Fungible Tokens (SFTs), granting control to creators and token holders.
Transaction Currency: $KIP tokens are used for transactions within the ecosystem, facilitating the monetization of data assets and providing a transparent record of dataset and model usage.
Grants and Rewards: Through the KIP DAO, $KIP tokens fund innovative research projects and incentivize community engagement, encouraging the development and review of valuable knowledge bases.
DAO Governance: $KIP token holders participate in decentralized decision-making, voting on protocol upgrades, grants, and crucial decisions, shaping the protocol's future.
KIP Starter Launchpad: $KIP tokens can be staked for project allocations and funding, aligning projects with community interests and supporting growth potential.
KIP X Exchange: $KIP tokens facilitate the trading of fractionalized knowledge assets on KIP X, offering investment opportunities and trading fee rebates for participants.
Community Building: $KIP tokens reward community builders and fund community-driven projects, educational initiatives, and events, fostering a vibrant ecosystem.
KIP Protocol Projects
1. Kipley.ai: Web2.5 Gateway to AI, LLM, and Decentralized Knowledge Property Rights
KIP was designed as a protocol that apps can launch on, and Kipley.ai is the first app to leverage this capability. Currently, in closed beta, Kipley.ai is a security-centric, multi-model RAG platform offering:
Easy Creation of Knowledge Assets: Users can effortlessly create and manage their knowledge assets.
Model Selection: Users have the freedom to choose from multiple models.
Marketplace for Knowledge Assets: Model owners and users can select assets for model training or retrieval-augmented generation.
Web2 Interface with Web3 Capabilities: Built on the KIP Protocol, Kipley.ai offers a familiar Web2 interface with full Web3 capabilities.
Kipley.ai’s clients include Animoca Ventures,Thailand Institute of Scientific and Technological Research,Anomaly, and numerous professors and researchers from prestigious universities. It serves as a Web2.5 gateway to the Web3 KIP Protocol, aiming to reach a broad audience and softly onboard new AI users to Web3.
2. KnowledgeFi.xyz: The Decentralized Expert Network
KnowledgeFi.xyz is an innovative expert networking platform built on the KIP Protocol. It is the first full DApp running on KIP Protocol and aims to disrupt centralized expert networking models.
Application of Knowledge Assets: Running natively on the KIP Protocol, KnowledgeFi.xyz allows Knowledge Creators (KCs) to set up Knowledge Bases containing their expertise. Users can access these bases through AI assistants trained using the KIP Protocol's RAG framework. This enables KCs to monetize their knowledge 24/7 without being physically present.
Monetization Flexibility: KCs can monetize their Knowledge Bases on a per-query basis or through NFT-gated membership models, with transactions settled securely on the KIP settlement layer using the $KIP token.
Ownership and Security: The ownership layer of the KIP Protocol ensures KCs retain control over their intellectual property. Knowledge Bases are securely stored on-chain and accessible only through trained AI assistants, protecting against data theft or misuse. KCs have full control over who can access their knowledge and for what use-cases.
KIP Protocol Founders
A team of experienced professionals with diverse backgrounds in AI, Web3, and data management founded the KIP Protocol:
Dr. Jennifer Dodgson, Co-Founder and Chief AI Officer, holds a PhD in Qualitative Analytics and is a noted expert in computational linguistics and NLP. She has over ten years of experience in consulting and research on large-scale NLP and AI projects. Dr. Dodgson is also the CEO of EIGENFORM.AI and founded the independent gaming DAO, DAObi. She leads the AI development and research teams across Singapore, Hong Kong, China, and Indonesia.
Julian Peh, Co-Founder and CEO, is a veteran tech entrepreneur with 20 years of experience and four successful exits. He is a director at EIGENFORM.AI, working on large-scale data and AI projects, and has deep experience in Web3 since 2016, advising multiple significant crypto funds and investment organizations. Peh leads general business development, partnerships, and client acquisition for KIP Protocol and Kipley.ai, the first app on the KIP Protocol.
Teo Jun Hao, Co-Founder and COO, is an ex-Web3 Investment Director at COL Group 中文在线, with six years of experience in project management and Web3 investments.
Henry Lin, Co-Founder and Head of Data & AI Operations, holds a B.S. in Mathematics and Economics and is an ex-Binance Data Lead. He has five years of experience running data teams.
KIP Protocol Funding Round & Node Sale Stats
KIP Protocol Investors and Backers
Closing Summary
The KIP Protocol is a pioneering Web3 framework designed to manage and monetize decentralized Knowledge Assets for AI applications. It tackles the monopolistic control of AI by tech giants, providing a fair and transparent system for AI value creators. Using ERC-3525 Semi-Fungible Tokens (SFTs), KIP ensures seamless value transfer and efficient revenue sharing.
Key projects like Kipley.ai and KnowledgeFi.xyz showcase the protocol's capabilities, offering Web2.5 access to AI and decentralized expert networking, respectively. The $KIP token supports various functions, including ownership representation, transactions, and community incentives. Founded by a skilled team in AI and Web3, the KIP Protocol is set to revolutionize knowledge management and monetization in the AI era.