KIP Protocol announced a partnership with Moemate to help 3 million Web2 AI users enter Web3

KIP Protocol announces a significant partnership with the leading AI Agent platform Moemate. This collaboration will leverage the Decentralization infrastructure specifically built by KIP Protocol to help Moemate’s over 3 million users enter Web3. Moemate will serve as the flagship project of KIP Protocol’s new AI Alliance, showcasing KIP Protocol’s ability to handle large-scale deployments and setting new standards in scalability, security, and ownership in AI interactions.

The AI Agent market is expected to reach $5.1 billion by 2030, with a compound annual growth rate (CAGR) of 40.7%. This collaboration will position KIP Protocol advantageously in a rapidly expanding industry. KIP Protocol’s technology addresses critical issues of data privacy and user control, offering the potential to transform traditional AI services and drive industries towards Decentralization AI solutions.

Providing users with next-generation AI companion services

Moemate is a leading AI Agent platform that has built a mixed reality AI Agent from chatbots to AR/VR, including a personalized AI companion that can play games with users, as well as an ecosystem of AI NPCs in games. Moemate is already a leader in the field of ‘Entertainment AI’ with over 3 million users, and there are more long-term features planned that will enable the community to build more advanced experiences and monetize these experiences.

Seamlessly Connecting Web2 and Web3 AI Users

KIP Protocol’s Web3 infrastructure solves the challenges of Decentralization deployment, connection, and monetization, enabling rapid creation and monetization of Decentralization AI products, attracting large government agencies, and adopters of mature Web2 and Web3 platforms. As a pioneer of Decentralized Retrieval Augmented Generation (D/RAG), KIP Protocol won the Tencent Cloud Award at the Chainlink 2023 Fall Hackathon and set new standards for Decentralization AI.

Moemate’s AI platform will gradually decentralize its architecture using the tools and infrastructure of the KIP Protocol, seamlessly integrating Web2 AI users into the Web3 decentralized AI ecosystem.

This collaboration includes the following contents:

• Fully interoperable account abstraction allows users to freely interact in the Moemate and KIP Protocol ecosystems

• Tokenization, segmentation, and trading of characters, skills, and models

• Community-driven investment and Crowdfunding of popular AI assets—users will be able to purchase shares of their favorite chatbots and receive a portion of the revenue.

• Choose to pay with fiat currency or Cryptocurrency

Moemate has rich experience in creating captivating personalized user entertainment experiences, while KIP Protocol can provide cutting-edge Decentralization infrastructure. By combining the strengths of both parties, this collaboration sets new industry standards in user privacy, security, and digital interaction ownership.

Innovative reshaping of the AI field through KIP Protocol

This collaboration marks an important achievement for KIP Protocol, demonstrating its scalability and real-world application capabilities. By supporting Moemate’s large and active user base, KIP Protocol showcases its ability to handle large-scale integration and offer innovative features, such as tokenization of experiences and AI companions owned by users.

KIP Protocol’s CEO and co-founder Julian Peh commented, “At KIP Protocol, our system is meticulously designed by AI developers for AI developers, with powerful and advanced infrastructure to support large-scale constructions like Moemate. We believe that Decentralization of AI is the catalyst for true innovation for all AI developers. Partnering with Moemate is a great victory for KIP Protocol, and we look forward to fully supporting Moemate to provide their users with an exceptional user experience.”

Moemate founder Ahad Shams added, “At Moemate, we focus on using AI to create the future of entertainment. We believe that AI is opening up new experiences and interactions. Our goal is to build the right tools, platforms, and infrastructure to enable the community to seamlessly create, own, and monetize these next-generation experiences across all channels, with millions of users. Our collaboration with KIP Protocol enables us to promote an ecosystem owned by the community, achieving community ownership.”

About KIP Protocol

KIP Protocol builds a Web3 underlying protocol for AI app developers, model makers, and data owners, enabling AI assets to be easily deployed and monetized while preserving full digital ownership.

KIP will build a brand-new AI business ecosystem to address the problems and challenges faced in decentralized AI deployment and ensure that everyone can enjoy the economic benefits brought by AI.

The KIP team brings together senior PhDs and technical experts who have been dedicated to AI research since 2019. They also have a deep professional background and rich experience in the Web3 field, committed to promoting AI Decentralization and becoming an accelerator for the Decentralization AI wave.

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