KILT

[Anonymous No.55953191]

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 hadn’t heard about DIDs yet then you certainly will soon. The key fact to bear in mind when reading this is that for each DID created, two tokens are taken from the open market and locked. You are currently trying to think of a better tokenomic model than this, but you can’t - because there isn’t one.

https://www.coingecko.com/en/coins/kilt-protocol
> 30mil mcap, supply ~115mil
> 1.8 % inflation still to go (October), then no more emissions
> has all decent exchange pairs still to come
> epic year-long accumulation range on the chart
> tokenomics: 2 tokens permanently locked per DID created
> will 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
> Built a KYC/B platform on KILT
> 415,000 employees, 60bn revenue, global reach
> its clients include 90% of the S&P 500
> ambition to supplant “log in with google” etc, huge project
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

DENA (German federal energy agency) loves KILT (July 2023)
> Follows successful pilot project running full KILT nodes on smart meters
> KILT is now “essential infrastructure” in new project
> 50.7 million metering points in Germany
> https://medium.com/kilt-protocol/dive-digital-identities-as-trust-anchors-in-the-energy-system-3c5011b5ed92

[Anonymous No.55953195]

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

MeWe loves KILT (April 2023)
> Social media platform with 20m users
> All being migrated to web3 via Frequency blockchain
> Which has integrated KILT for the login tech
https://www.coindesk.com/web3/2023/04/26/social-media-app-mewe-to-bring-frequency-blockchains-self-sovereign-identity-to-its-20m-users/

Polkadot ecosystem loves KILT (June 2023)
> KILT requested funds to develop Decentralised Identity Provider (DIP)
> allows for open cross-chain identity services
> essentially sets KILT up for DID provision to *all* parachains, and beyond
> Governance passed the proposal

[Anonymous No.55953203]

New integrations being announced regularly now, with a pipeline of big clients. The endorsement by Deloitte will pull in a tonne of new client interest, as well.

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)

[Anonymous No.55953222]

Good due diligence but the question is , who is the market maker for these guys? is it deloitte or cumberland or GSR?
doesn't look like they have perpetuals or anything yet.

[Anonymous No.55953281]

>>55953222
>doesn't look like they have perpetuals or anything yet.

Not yet, only spot, but that might change Soon (tm)

[Anonymous No.55953461]

Will not use psy-ops counterintuitive techniques here, just honestly say that my bags are loaded and being loaded more and more on a regular basis, every piece of spare FIAT goes into this beauty.
Cheap af at the moment too

[Anonymous No.55953477]

I have NOT seen a chart like this in my crypto career

>bullish

[Anonymous No.55953488]

>>55953461
>Will not use psy-ops counterintuitive techniques here, just honestly say that my bags are loaded and being loaded more and more on a regular basis, every piece of spare FIAT goes into this beauty.
>Cheap af at the moment too

[Anonymous No.55953753]

>>55953191
cope

[Anonymous No.55953826]

>>55953191
lmao kilt is a scam, kiltbaggies on the loose again

[Anonymous No.55953832]

Wow that is a fucking awful name for a token.

[Anonymous No.55953922]

>>55953832
>momentum kilt
>chart kilt
>community kilt

branding on point

[Anonymous No.55953933]

>>55953191
Kilt is a fucking scam
Chart looks like ICEYPEE

[Anonymous No.55954003]

Spark sisters, where you at?

[Anonymous No.55954004]

>>55953933

Bullish FUD. If they wanted to scam, they would not go through the whole tedious parachain auction process, but just have released a token on Ethereum, Avalanche or Polygon for instance.

[Anonymous No.55954011]

you will never be a real identity solution

[Anonymous No.55954123]

>>55954003
shilled by fired kilt employees? perhaps ask them why they were fired from the standard identity project

[Anonymous No.55954156]

>>55954123
>shilled by fired kilt employees? perhaps ask them why they were fired from the standard identity project

What happened here, anon?

[Anonymous No.55954207]

>>55954156
Ask Paul Pomerleau why he was fired from kilt and why is he rugging people with a pseudo identity token

[Anonymous No.55954434]

>>55954207

Never heard of him

[Anonymous No.55954488]

looked into both. team behind kilt has like 50 mil tokens (like 33% lol) and they charge users tldr; its a clever ponzi. sparks was fair launched and has free identity but it's dependent on volunteers tldr; it'll zombie eventually, nobody is in it for the tech. avoid both

[Anonymous No.55954586]

>>55954488
Ty sir selling my kilt now

[Anonymous No.55954681]

>>55954207
>rugging
I don’t know what his buy in price was, but I was there before he joined and by the time he came on board, the price was already up. Explain how hes going to rug it? Sounds pretty retarded

[Anonymous No.55954698]

>>55954488
Sparks sounds more legit project but you are right it has high chance of dying if it gets no traction with developers. Still might be a good gamble

[Anonymous No.55954838]

>>55954698
I found out about it dec/Jan during the prototype phase, and there was basically zero engagement from other members. It’s being built from the bottom up with no outside funding, and the fact that it’s made it this far is pretty good. According to the original dev, the only way this dies is if the community decides to end it. The dev who started it all isn’t going anywhere

[Anonymous No.55955327]

vomited as soon as I went through their website

[Anonymous No.55955336]

>>55954838
what's the address/website?

[Anonymous No.55955411]

This has Kleros vibes to it. Looks decent with some adoption but the market will treat it as poison.

[Anonymous No.55955879]

Kilt is full of qnt ogs never seen so many in single token outside qnt

[Anonymous No.55955906]

>>55955327
Vomit, wipe your mouth, and buy

[Anonymous No.55956082]

>>55955879
>Kilt is full of qnt ogs never seen so many in single token outside qnt

QNT og's make up basically every top wallet in KILT, if you traced the money and the minds from QNT you would have to conclude that KILT is its natural successor. Not the various shitcoins that claim some provenance, like CHEQ and so on.

Follow the money, sirs.

[Anonymous No.55956281]

>>55955336
https://sparks.foundation

[Anonymous No.55956483]

Token not needed, right?