Focused Analysis: Currency (AI & P2P)$KITE 🌐
The Basics and Vision (AI & P2P)
The KITE project is supposed to aim at building a decentralized platform where users can exchange data, train artificial intelligence models, or rent computing power in a peer-to-peer (P2P) manner. This solves the problem of AI data centralization and reliance on technology giants.
The technical opportunity: The combination of artificial intelligence and decentralization is one of the biggest future trends. The project enables more private and secure AI models.
Utility of the token (KITE Token): The token is used as the main payment currency within the platform (in exchange for computing power, access to AI models, or rewards for data provision).
📊 Growth Outlook
Since this project sits at the intersection of AI and blockchain, the growth potential could be enormous if successful:
Focus on AI: Any significant momentum in the AI coin sector will strongly support KITE.
Attracting developers: The project's success in attracting AI developers to use its P2P network will lead to increased demand for the token.
High risks: Being a new and unlisted coin on Binance, it is subject to severe volatility, high technical risks, and relies on small liquidity.
