Monetization
The KIP Protocol is designed to separate and simplify payment workflows, leveraging API requests as the authoritative source of truth. To participate, Builders only need to deploy a compatible ERC-3525 or ERC-721 token, representing their app, model, or dataset, along with the relevant APIs. Once deployed, the system automatically manages payments for each API call made or received. This approach eliminates the need for developers to create custom payment infrastructures, enabling them to quickly and easily build their products in the Web3 space. Monetization is facilitated through a comprehensive payment infrastructure that triggers following features:
Accrued Revenues
Accrued Revenue allows a single owner to set up a straightforward monetization model. Key features include:
Single Owner: The asset is owned by one individual or entity.Price-per-Query: The owner sets a fixed price for each query.Payment Pool: A single wallet is designated to receive all payments for the tokenized asset.Revenue Accumulation: KIP Service records and stacks the accumulating revenues.Profit Transfer: When the accumulated revenue is claimed, the KIP Service contract transfers the profit to the designated payment pool.
Investment Profit Sharing
Investment Sharing is tailored for small groups of investors, allowing multiple owners to share in the profits. Key features include:
Multiple Owners: A small group of investors owns the asset.Price Setting: Owners set the price for the asset.Payment Pool: A specialized contract, such as a Multisig Wallet or Payment Splitter, is designated to receive payments.Revenue Accumulation: KIP Service records and stacks the accumulating revenues.Profit Transfer: When the accumulated revenue is claimed, the KIP Service contract transfers the profit to the designated payment pool.
Crowdfunding Profit Sharing
Crowdfunding Sharing is designed for large groups of investors, utilizing DeFi mechanisms for profit distribution. Key features include:
One or Multiple Owners: The asset can have one or multiple owners.Price Setting: Owners set the price for the asset.Payment Pool: A specialized contract applies DeFi mechanisms to distribute profits to a large group of investors.Revenue Accumulation: KIP Service records and stacks the accumulating revenues.Profit Transfer: When the accumulated revenue is claimed, the KIP Service contract transfers the profit to the designated payment pool.
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