Karat KAT Price

Karat (KAT) is a groundbreaking project in the blockchain space that helps users take control of their data by bridging the gap between traditional Web2 platforms and the decentralized Web3 ecosystem. Through KaratDAO, the project empowers users to manage and even earn rewards from their own data in a secure and decentralized way.

How Does Karat Work?

Karat's system is built around a decentralized data identity protocol, called the Karat Network. This protocol ensures that users can securely manage their personal data and decide who can access it. By leveraging powerful technologies like Multi-Party Computation (MPC) and Zero-Knowledge (ZK) proofs, Karat allows data to be used safely without exposing it to outside parties. For instance, users’ data is encrypted and stored on the InterPlanetary File System (IPFS), where only those with the necessary permissions—granted by users—can access it.

Why Is Karat Unique?

Karat’s approach is unique because it combines both Web2 and Web3 data. This means it can verify traditional data (like emails and social media profiles) alongside Web3 data (like wallet addresses). This dual verification ensures that data is both authentic and secure. With over 300,000 active wallets, Karat's platform has become a popular choice for Web3 projects and users who prioritize data control and privacy.

What Are the Real-World Applications?

Karat’s technology has many practical uses in the digital world. Projects can use Karat to launch secure token or NFT airdrops, manage event participation, and gather important data about wallet addresses and social profiles. Additionally, users can monetize their data through a marketplace, receiving rewards in Karat tokens for sharing information they authorize.

Who Is Behind Karat?

Karat was founded by Eric Wei and Will Kim, along with a team of senior engineers from companies like Apple and Google, plus a Forbes 30 Under 30 entrepreneur. Their expertise has enabled Karat to offer secure, user-focused solutions backed by leading-edge cryptographic technology.

Who Has Invested in Karat?

Karat has attracted notable investment from institutions like Bitmart, NEO Eco, Longling Capital, Emurgo Capital, and Milestone Capital. These investments reflect strong confidence in Karat’s potential to reshape data access and identity control within the blockchain ecosystem.

Why Is Karat Important?

Karat is helping to create a future where users have control over their personal data, not large corporations. As blockchain technology grows, Karat’s decentralized data access control is setting a new standard for privacy, security, and user empowerment.

What is unique about Karat (KAT)?

Karat (KAT) uniquely bridges Web2 and Web3 data, enabling users to control, secure, and monetize their digital identities through a decentralized data identity protocol that uses advanced cryptographic technologies like Multi-Party Computation (MPC) and Zero-Knowledge (ZK) proofs.

Who are the founders of Karat (KAT)?

Karat was founded by Eric Wei and Will Kim, supported by a team of senior engineers from Apple, Google, and a Forbes 30 Under 30 entrepreneur, combining industry expertise to develop a secure and user-centered data access platform.

Who are the backers/investors of Karat (KAT)?

Karat (KAT) has received investments from prominent institutions, including Bitmart, NEO Eco, Longling Capital, Emurgo Capital, and Milestone Capital, reflecting confidence in its potential to transform data privacy and access.

Where can I buy Karat (KAT)?

 Gate.io, SyncSwap