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54995803 No.54995803 [Reply] [Original]

A blockchain identity protocol for issuing self-sovereign, verifiable credentials and decentralized identifiers. KILT is going to be one of the best plays of this entire market cycle. If you haven’t heard about DIDs yet then you certainly will soon.

Founded by Ingo Rübe and Hubert Burda (German NWO billionaire: https://en.wikipedia.org/wiki/Hubert_Burda))

https://www.coingecko.com/en/coins/kilt-protocol
> 40mil mcap, supply ~115mil
> only a few % inflation still to go, then fixed supply
> has all decent exchange pairs still to come
> epic year-long accumulation range on the chart
> tokenomics are such that 2 tokens are permanently locked for each DID created
> this is going to create insane deflationary pressure given that the EXISTING clients already have a reach/base of hundreds of millions, maybe billions of people.

Deloitte loves KILT (May 2023)
> World’s largest professional services firm
> 415,000 employees, 60bn revenue, global reach
> has built a KYC/KYB platform with KILT
> https://www2.deloitte.com/ch/en/pages/press-releases/articles/deloitte-integrates-kilt-identity-blockchain-creating-new-markets-with-reusable-digital-credentials.html

Axel Springer loves KILT (April 2023)
> Europe's largest publishing house
> 15,000 employees, $3bn revenue, 40 countries
> reach of 300 million unique users
> has integrated KILT for their login tech
https://twitter.com/axelspringer_EN/status/1643223289219936257

Bitcoin Suisse loves KILT (April 2023)
> Integrated into bank-grade custodial “Vault”, in preparation for upcoming institutional applications
> https://www.bitcoinsuisse.com/news/bitcoin-suisse-integrates-kilt-vault

New integrations being announced regularly this year, confirmed pipeline of big clients, and you can expect a lot of new ones coming in after seeing approval by the likes of Deloitte.

>> No.54995819
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54995819

Digital IDs (DIDs) will be one of the major developments of the next couple of years, and they will allow us to reconcile regulatory demands with DeFi autonomy. Markets move on narratives and DIDs are a fresh and genuine usecase for blockchain, and unironically one of the most crucial components of the bridge between crypto/blockchain and “the real world”. Think of them like oracles but for identity - anarchyfags can seethe but blockchain takeover will never happen without some kind of KYC/AML, and the applications are endless. For just one example, consider the possibility of undercollateralised loans, e.g. mortgages, through crypto - that will never happen without some knowledge of the borrower’s credit worthiness, i.e. an aspect of their credentials. This year KILT is starting to reveal some of its truly epic client list (see OP)

Founding member of the Polkadot Alliance & Working member of
>INATBA, Blockchain for Europe, Decentralized Identity Foundation, Substrate Builders Program, Blockchain Bundesverband, and BerChain.

The first parachain ever to successfully move from KSM to DOT
> https://polkadot.network/blog/first-parachain-successfully-migrates-from-kusama-to-polkadot/

Why move? Because:
>"Large-scale enterprises in the accounting, media & medical sectors are starting to implement business cases on $KILT. These production systems will require extreme stability and bank-level security"
"Now large-scale enterprises in the accounting, media and medical sectors are starting to implement business cases on KILT. These production systems will require extreme stability and bank-level security, which KILT cannot provide within the experimental Kusama network. So it’s time for KILT to move to Polkadot."
https://medium.com/kilt-protocol/kilt-moves-to-polkadot-b5d4b56f8040

Other stuff built on Kilt
>SocialKYC (credentials for email, twitter, discord, github etc etc)
>DIDsign (sign online docs)
>w3n (web3name)
>assetDID (NFT identifications cross-chain)

>> No.54995822

>>54995803
this is some 2018 type shitcoin

>> No.54995887

the cope of these memecoin hunters will be unreal while they chasing the new hot product

this one starting them in the face just yesterday EU accepted MiCa

>2023
>JPmorgan investing billions in DIDs
>Jack Dorsey investing billions in DIDs
>Bill Gates investing billions in DIDs
>you buying PEPE top

2025
>you rope

>> No.54995913
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54995913

>>54995887

>> No.54995916
File: 174 KB, 1280x829, photo_2023-05-12_13-47-27.jpg [View same] [iqdb] [saucenao] [google]
54995916

token not needed tho

>> No.54995920

>>54995803
shitcoin like kleros

>> No.54995970

>>54995916
>token not needed tho

Send me yours then

>> No.54996354

cumfy af with my kilties.
this is a QNT and LINK tier coin. DID WILL be THE future, and nothing competes with KILT
Hello fellow KILT chads

>> No.54996585

>>54995916
It pays for on chain settlement of DID services. The likeliest end stage of KILT tokens is that they'll be bought by businesses and institutions who will just eat the cost to provide the service for their customerbase or add a fee for it. I don't think it will see crazy high price action as there is a ceiling attached to the value proposition but there'll very likely be a healthy long term market for KILT.

>> No.54996795

>>54996585
>It pays for on chain settlement of DID services. The likeliest end stage of KILT tokens is that they'll be bought by businesses and institutions who will just eat the cost to provide the service for their customerbase or add a fee for it. I don't think it will see crazy high price action as there is a ceiling attached to the value proposition but there'll very likely be a healthy long term market for KILT.

Speaking of valuations - something I didn't mention in my first post.

Very realistically KILT will be deep into the top 100, probably top 50, which means a valuation of several billion mcap at the very least. Call it a 100x from here, guaranteed. Anything beyond that is very possible as well.

>> No.54997922

No need to convince me, ballz deep in KILT and rarely felt so secure and at ease about the success and future of a project. Good times ahead!

>> No.54998086

>>54996585
>I don't think it will see crazy high price action as there is a ceiling attached to the value proposition

Care to elaborate on that point?
The way I see it is simple supply & demand, supply already low and with adoption meaning KILT tokens locked with the creation of every new identity, KILT soon will be scarce af

One of the few with real token utility imo

>> No.54998540

Utility for what? Token can be bypassed and not deposited for DID already you can create credentials without token

ask what light DID mean in official telegram and see of they delete it

>> No.54998551

>>54995916
token IS needed SIR

>> No.54998660
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54998660

hmm

>> No.54998708

Token not needed

>> No.54999007

>>54998540
>Utility for what? Token can be bypassed and not deposited for DID already you can create credentials without token

Post proof or cope harder.

>> No.54999032

>>54995803
Ugly color. DOA

>> No.54999197

hi op what do you think about everest? verifiable credentials and did certainly have their place in the market but to fully realise their potential they need a unique identity attached to them

>> No.54999618

>>54995822
Yup.
Implying rich people will let anon buy cheap so he can sell it to their sheep.
Keep dreaming, sweet baby.
Those systems never use open traded coins.

>> No.54999641

>>54995887
2025 you'll cope like linkies today.

>> No.54999752

>>54998540
No worries mate, light DIDs were a temporary concept to facilitate adoption, have much less capabilities, and - this is the most important part - will soon be deprecated, aka dead.

Especially now with the big boois on board (Deloitte & Co), this will happen sooner rather than later.

This is the answer the team gives every time, I guess when you posted the question there were the words "coin, token", or similar in it, which makes the bot delete it straight away. But go on and try again!
And don't forget to load your bags along the way

>> No.55000841 [DELETED] 

my kilt moonbag is loaded but the real gains will be from cheq who are just about to start unveiling their partnerships. It's the only other ID coin apart from KILT worth talking about.

>> No.55000849 [DELETED] 
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55000849

forgot to post lol. partnerships meeting tomorrow could be wild