Karat Token (KAT)
1. Fundamental Analysis
1.1 Introduce
The largest protocol on ZKSync. Karat has over 300,000 wallets actively transacting. Each user has verified their web3 wallet and their web2 id/behavior data. Karat is a data access control middleware developed by senior engineers from Apple, Google, and Forbes 30u30 serial entrepreneur. It leverages on-chain MPC and ZK technologies to create a sharable Web 2 & 3 ID data layer. Karat has received investments from institutions such as Bitmart, NEO Eco, Longling Capital, Emurgo Capital, Milestone Capital, and others. Karat encrypts user data such as email and Twitter, links it to the user’s wallet, and stores it on IPFS. Users and nodes are then given the MPC private key, allowing them to completely decentralize control over all data access permissions. This infrastructure is intended to be the infrastructure of all future Dapps that require Web3 social, data indexing, advertising delivery, and login permission calls.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | KAT | Market Cap | 1380851.52 |
| Name | Karat Token | White Paper | -- |
| Web Site | https://karatdao.com/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://explorer.zksync.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 2000000000 | |
| Supply | 2000000000 | Release Date | |
| Available Supply | 1090720000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The market is showing signs of consolidation with a slight upward trend. The price has been hovering between 0.00125 and 0.00137 over the past few weeks, indicating a lack of strong directional movement. The volume has been fluctuating, suggesting indecision among traders. The overall trend is bullish, but caution is advised due to the lack of clear momentum.
