Kite AI has launched the first AI-focused Layer 1 blockchain on Avalanche, creating a decentralized environment for AI models, tools, and data.
The testnet on Avalanche (AVAX) aims to improve AI development by addressing blockchain scalability and efficiency challenges, according to a note shared with crypto.news.
The platform introduces Proof of Attributed Intelligence, a consensus mechanism that tracks and rewards AI contributions. This system ensures transparency and incentivizes data providers, model builders, and AI agents.
Kite AI also features a decentralized data access engine, a composable AI ecosystem with customizable subnets, and decentralized AI memory for long-term attribution.
Improved AI workloads
By leveraging Avalanche’s infrastructure, Kite AI enables faster processing of AI workloads while maintaining decentralized ownership. As a member of Avalanche’s InfraBuidl program, the project is positioned to advance AI adoption within blockchain ecosystems.
“Our testnet launch advances blockchain AI innovations and introduces the next generation of AI-driven infrastructure for Web3 builders,” said Chi, CEO of Kite AI.
The testnet is now open to developers and institutions exploring AI-powered blockchain applications.
Read the full article here