EpiK Protocol is a decentralized AI (Artificial Intelligence) data construction, storage, and sharing protocol. This innovative protocol aims to create a decentralized knowledge graph using decentralized storage technology, specifically integrating IPFS (InterPlanetary File System) for data storage and retrieval.
It facilitates the storage and sharing of AI-related data among participants in the network. Users can participate in the EpiK Protocol network by creating and storing knowledge nodes, contributing to the growth and accessibility of AI data.
AIEPK is the native cryptocurrency of the EpiK Protocol network. It is used for various purposes within the protocol, including incentives for network participants.
Here’s an overview of how EpiK Protocol works:
EpiK Protocol operates on a decentralized network of nodes. Data and AI-related information are not stored on a central server but are distributed across a network of participants, enhancing security and reliability.
EpiK Protocol facilitates the construction of AI data. This can involve creating and storing knowledge nodes containing valuable AI data. Participants in the network can contribute to this process by curating and adding data to the protocol.
The protocol employs technologies like IPFS (InterPlanetary File System) for data storage and retrieval. IPFS is a decentralized file storage system that ensures data integrity and accessibility.
To incentivize participation, EpiK Protocol uses its native cryptocurrency, $AIEPK. Network participants can earn AIEPK tokens for contributing to the network, including creating and storing knowledge nodes.
EpiK Protocol fosters collaboration among AI enthusiasts, researchers, and developers by providing an infrastructure for sharing and accessing AI-related data and knowledge.
EpiK Protocol was founded by Eric Yao and James Lim in 2020 and is headquartered in Singapore. EpiK Protocol announced a rebranding in July 2023, moving its token from EPK to AIEPK via a token swap.
The project announced its plans to become the world’s first decentralized protocol for AI data construction, storage, and sharing. Its use of IPFS technology would allow the network’s users to collaborate and produce, build, and share high-quality AI data.
Period | Change | Change (%) |
---|---|---|
Today | $0.000205 | 3.37% |
7 Days | $0.00194 | 44.53% |
30 Days | $0.001736 | 38.06% |
3 Months | $0.001576 | 33.38% |
Here are some reasons why you could consider investing in $AIEPK coin:
EpiK Protocol is an AI-first blockchain protocol that focuses on AI data construction, storage, and sharing. Its innovative approach to handling AI-related data sets it apart in the blockchain space.
The protocol's emphasis on decentralization and using technologies like IPFS for data storage enhances security and trust, which can attract investors looking for robust and tamper-resistant solutions.
The demand for reliable and decentralized AI data solutions will likely increase as AI expands. EpiK Protocol positions itself to address this growing interest and demand.
AIEPK, the native cryptocurrency of EpiK Protocol, likely plays a crucial role within the ecosystem. It can be used for incentives, staking, and participation in the network, potentially creating value for token holders.
While we cannot offer an accurate AIEPK price prediction over any timeframe, the following factors could provide insight into the price action and volatility in the EpiK Protocol crypto:
Wider adoption of EpiK Protocol for AI data storage and sharing can increase demand for AIEPK tokens, potentially driving up the AIEPK price.
Updates, improvements, and advancements in the EpiK Protocol's technology can boost investor confidence and attract more participants. This increased on-chain activity could further support the value of EpiK Protocol coin in the market.
The broader cryptocurrency market trends can impact the AIEPK to USD price. Bullish periods in the market tend to lift most cryptocurrencies, supporting the EpiK Protocol price. On the other hand, bearish trends can have the opposite effect, weakening the price of EpiK Protocol token.
AIEPK has several use cases within the EpiK Protocol ecosystem, including:
AIEPK tokens incentivize users to provide storage space for AI data within the decentralized EpiK Protocol network. Users can earn rewards in AIEPK for contributing their storage resources.
The token facilitates the sharing of AI data among participants in the network. Users can use AIEPK tokens to access and retrieve high-quality AI data for research, development, and other purposes.
Token holders can receive rewards and benefits through various programs and services within the EpiK Protocol ecosystem. These rewards can include exclusive access to AI data, loyalty rewards, and more.
AIEPK tokens can be used as a means of exchange within the ecosystem for various transactions, such as buying and selling AI data, paying for network services, and participating in token-based activities.
Trade Epik Protocol on KuCoin Spot Market to make the most of changing market conditions and volatility. Buy or sell AIEPK or hold it long-term if you believe in the future potential of the EpiK Protocol project. Remember to DYOR before entering any new trade in the crypto market.
EpiK Protocol offers several ways to earn $AIEPK, including:
1. Learn & Earn Airdrops: The Learn & Earn airdrops initiative helps the EpiK Protocol community earn $AIEPK as they learn to use the platform. To be eligible for such AIEPK airdrops, you must join EpiK Protocol on Discord and get verified as an EPKer.
2. Play-to-Earn (P2E): Participate as a Bounty Hunter on EpiK Protocol’s Knowledge Mainland game. Complete specific tasks to earn AIEPK tokens.
3. Stake AIEPK: Stake $AIEPK and vote for Domain Experts. This is a great way to earn staking rewards and grow your $AIEPK holdings. You can also stake AIEPK to provide liquidity to the EPK Bank.
4. Run a Knowledge Node: Knowledge Nodes are responsible for validating transactions and minting new blocks. Becoming a Knowledge Node lets you mint blocks and earn $AIEPK.
5. Build AI Bots: Get elected as a Domain Expert and build AI bots on EpiK Protocol to earn AIEPK coins.
6. EPK Grants: EpiK Protocol also conducts grants programs to support the development of its ecosystem. You can earn AIEPK through this initiative if you are a developer.
Investors in EpiK Protocol include FBG Capital and Jackdaw Capital. EpiK Protocol has partnered with several renowned projects and businesses in the crypto industry, including Ocean Protocol, SingularityNET, Chainlink, and Open Knowledge Foundation.
Complete Tasks to Earn Free Tokens Every Day