Karat Token Price

Karat Token is a cryptocurrency launched in 2023 that operates on the zkSync Era platform. It is the native token of KaratDAO, a revolutionary crypto-native engine in Web3 that offers a bilateral service data marketplace. Karat Token aims to help users take control of their Web2 and Web3 data while earning rewards. Key features of Karat Token: 1. Decentralized data identity protocol: Allows users to own, control, and manage their data securely. 2. Permissionless data trading platform: Enables secure and decentralized data transactions. 3. Ecosystem development: Encourages the creation of dApps on top of its protocol. Karat Token has a current price of $0.0004856, with a 24-hour trading volume of $11.95K. Its market cap stands at $529.65K, ranking 3201 among all cryptocurrencies. The circulating supply is 1.09B KAT KAT out of a maximum supply of 2B KAT KAT. Since its launch, Karat Token has reached an all-time high of $0.07131 on August 22, 2023, and an all-time low of $0.00035 on July 14, 2024. The token is primarily used within the KaratDAO ecosystem for data-related transactions and governance.

Karat Token was created on August 21, 2023. It was launched on the zkSync Era platform as a revolutionary crypto native engine in Web3, offering a bilateral service data marketplace. Karat Token aims to help users take control of their Web2 and Web3 data while earning rewards through its decentralized data identity protocol, the Karat Network.

The founders of Karat Token (KAT) are not publicly disclosed. Karat Token was launched as a decentralized project by KaratDAO, a revolutionary crypto-native engine in Web3 that offers a bilateral service data marketplace. The project aims to help users take control of their Web2 and Web3 data while earning rewards through its decentralized data identity protocol, Karat Network. While the specific individuals behind the project remain anonymous, the team's vision is centered around empowering users to manage their digital identity and data securely, providing a decentralized platform for data trading, and encouraging the development of dApps on top of its protocol.

Karat Token operates on the zkSync Era platform as a decentralized data identity protocol. It enables users to own, control, and monetize their Web2 and Web3 data through a secure, permissionless marketplace. Key features include: 1. Data ownership: Users have full control over their digital identity and data. 2. Decentralized trading: A secure platform for buying and selling data without intermediaries. 3. Reward system: Users earn KAT tokens for sharing their data. 4. dApp ecosystem: Encourages development of applications on top of the protocol. 5. Multi-user focus: Serves Web3 projects, innovators, and individuals managing digital identities. The KAT token is used for governance, staking, and transactions within the ecosystem. With a current price of $0.0004856 and a market cap of $529.65K, Karat Token aims to revolutionize data management and monetization in the Web3 space. As of 2026-01-08, there are 1.09B KAT KAT tokens in circulation, with a maximum supply of 2B KAT. The project's long-term vision is to empower users with data sovereignty while fostering a thriving ecosystem of data-driven applications and services.

-- utilizes a decentralized data identity protocol called Karat Network. The technical architecture includes: 1. Blockchain layer: Built on zkSync Era, providing scalability and low transaction costs. 2. Smart contracts: Manage token economics, governance, and data ownership. 3. Decentralized identity system: Allows users to control their Web2 and Web3 data. 4. Data marketplace: Facilitates secure peer-to-peer data trading. 5. Wallet integration: Enables users to manage addresses and access data insights. 6. dApp development framework: Encourages building applications on top of the protocol. 7. Tokenomics: -- token used for governance and incentives. 8. Privacy features: Ensures user data protection and controlled sharing. 9. Interoperability: Designed to connect with other Web3 ecosystems. This architecture aims to empower users with data ownership while creating a secure, decentralized platform for data trading and identity management in the Web3 space.

The future and roadmap of Karat Token (KAT) look promising. In the short term, Karat Token aims to expand its user base and improve its data marketplace functionality. By 2027, the project plans to launch new features for data monetization and identity management. Looking further ahead, Karat Token has ambitious goals. By 2028, it aims to become a leading platform for decentralized data trading in the Web3 space. The team is working on partnerships with major blockchain projects to integrate Karat Token's data identity protocol. In the medium term, around 2031, Karat Token plans to have a fully developed ecosystem of dApps built on top of its protocol. This should drive adoption and utility for the KAT token. Long-term, by 2036, Karat Token envisions becoming the standard for decentralized identity and data management across Web3. The roadmap includes continuous development of privacy-preserving technologies and expansion into new use cases for decentralized data. While specific price predictions are speculative, many analysts are bullish on Karat Token's long-term potential given its unique position in the growing data economy. As adoption increases, the value of KAT could see significant growth in the coming years.