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What is the project about? Karat leverages on-chain MPC and ZK technologies to create a sharable Web 2 & 3 ID data layer. Karat encrypts user data such as email and Twitter, links it to the user’s wallet, and stores it on IPFS. Users and nodes are then given the MPC private key, allowing them to have completely decentralized control over all data access permissions. This infrastructure is intended to be the infrastructure of all future Dapps that require Web3 social, data indexing, advertising delivery, and login permission calls.
What makes your project unique?
History of your project. lives in a country listed by FATF) Karat hosted an IDO on its official website from 7/19 to 8/19. It has two rounds. First round: Time: 7/19-7/21 Sale Price: 0.03 Paid Currency: ETH, USDT Sale Amount: $200,000 Second round: Time: 7/22-8/19 Sale Price: 0.035 Paid Currency: ETH, USDT Sale Amount: $317,092
What’s next for your project?
What can your token be used for? Allocations: 70% of the KATs are designated for the 10 year Karat mining, currently stored in our multisig wallet managed by zkSync Official, NEO, Bitmart, and Karat Founders. The mulsig wallet releases KATs to the mining smart contract every 6 months. 10.5% of the KATs are for the team 10% of the KATs are for operation 7.5% of the KATs are for investors 2% of the KATs are for advisors Team, operation, investors, and advisors tokens all have a 48 months linear release after the 1st 3 months. Users need to stake 500 KAT for 7 days to join a content creator/validator’s private chat room and mint a Karat ID. For every new user joining, the content creator gets 50 KAT staked in his validator for 30 days, then he could withdraw. Everyone who stakes under the content creator will be able to gain KAT rewards based on the increasing number of users in the private chat. The more users join after you, the more staking reward you will receive. There is a 10% fee when one withdraws. Karat ID: Karat ID is a omnichain name service that connects users’ web3 addresses and web2 identities. It’s the foundation of Karat Network. User has to stake a small amount of KAT token to mint the Karat ID. Currently over 350,000 users have created their Karat ID and connect their web2 socials in Karat Network. Verifiable Credentials: Users can mint their web2 data, including social accounts, KYC information, etc on chain through verifiable credentials. Dapps can query these information on chain and build protocol around it. https://docs.karatdao.com/web3-authorization Validator Staking: Anyone who stake over 350,000 KAT can start a validator Growth Staking: Users can stake under the validators that they are expecting to have the highest growth and share the staking rewards every time a new user’s data is verified under that validator. A portion of the transaction fee will be burned. https://docs.karatdao.com/staking Data Request: Dapps need to pay KAT tokens to access users’ data for indexing, marketing, and other purposes. A portion of the transaction fee will be burned. https://docs.karatdao.com/data-marketplace
( Datos de Coingecko)
El precio actual de Karat (KAT) es de $0.000599, up 0.05% hoy.
El volumen de negociación diario de Karat (KAT) es de $15726
La capitalización bursátil actual de Karat (KAT) es de $653.6K
La oferta circulante actual de Karat (KAT) es de 1.0B
La capitalización bursátil completamente diluida (FDV) de Karat (KAT) es de $1.1M
