KILT Protocol (KILT)
1. Fundamental Analysis
1.1 Introduce
KILT is a decentralized blockchain protocol for issuing verifiable, revocable, and anonymous credentials and decentralized identifiers (DIDs) for Web3. It updates the established process of trust in real-world credentials, e.g., passports and university diplomas, bringing trust to the digital world by allowing self-sovereign online identities without centralized data silos. This is not restricted to human identity; developers can use KILT to create identifiers and credentials for machines, services, and anything that needs an identity. Like Kusama and Polkadot, KILT is built on Substrate, the modular blockchain-building framework and it launched as a Kusama parachain in September 2021.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | KILT | Market Cap | 24660003.6 |
| Name | KILT Protocol | White Paper | -- |
| Web Site | https://www.kilt.io/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://spiritnet.subscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 290560000 | |
| Supply | 290560000 | Release Date | |
| Available Supply | 143874000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
Market has shown a bearish trend with a consolidation phase. The price has been decreasing from a high of 0.206 on 12-09 to a low of 0.169 on 12-12. There is a possibility of a short-term rebound followed by further decline.
