Kima Network: Unlocking New Possibilities in Digital Economics

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ChainGPT Labs' strategy of offering its mentorship-driven incubation model to teams with exceptional talent and innovative ideas has proven to be an effective paradigm for each of the projects it invests in. ChainGPT Labs carefully vet and invest in high-value proposition startups that have all reached significant levels of success.  A particularly essential ChainGPT Labs project that facilitates currency transfers between financial institutions, on and offchain, is Kima Network.

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Kima Network is a decentralized, blockchain-based money transfer protocol. It settles interchain transactions, enabling apps to build on what they’re comfortable with while leaving financial friction in the past. Kima Network leverages blockchain technology to enable seamless and compliant transfers of digital and traditional currencies across various financial ecosystems. Its ability to transfer value between any financial infrastructure, whether blockchain-based or not, provides interoperability in a fragmented digital asset landscape.

Mobilizing Tokenized Real-World Assets (RWA)

With $280 trillion in real-world assets on the brink of digital transformation, Kima Network facilitates cross-ecosystem, asset-agnostic trade and distribution seamlessly and securely.

Supporting Blockchain Diversity and TradFi Integration

Kima Network supports multiple EVM, non-EVM, and private chains, as well as traditional banking systems. This makes it invaluable for achieving interoperability and addressing market fragmentation.

Revolutionizing On-Ramp/Off-Ramp Services

As more companies integrate cryptocurrencies, Kima provides a direct 1:1 value exchange through its API, eliminating the need for centralized exchanges and supporting seamless transactions in fiat, crypto, or stablecoins.

Enhancing Global Finance with Cross-Border Payments

Kima’s technology ensures swift, cost-effective, and secure cross-border transactions, making international payments faster, more reliable, and transparent while reducing traditional complexities and fees. 

Kima stands out as a remarkably secure, stable, and efficient platform, efficiently bridging the worlds of traditional and decentralized finance. Kima’s mission is to become the most reliable and secure solution for interconnecting all existing blockchains and traditional banking systems. Kima’s unique nature and capabilities position it at the forefront of facilitating widespread global adoption of decentralized finance.

Track Record & Performance

• Developed the Kima network for over two years
• Raised $2.4M in equity and an additional $600K in tokens
• Patented Kima’s Smart-Contractless Cross-Blockchain Settlement Engine technology (patent pending)
• Issued two additional patents in Q1 2024 (patents under disclosure)
• Extended blockchain support to include various EVMs and non-EVM chains
• Integrated ten blockchains: Ethereum, BNB, Polygon, ZkEVM, Arbitrum, Avalanche, Solana, Fuse, Celo, Optimism, Bitcoin and Tron
• Implemented a Proof of Stake blockchain with an advanced Threshold Signature Scheme (TSS) for secure key management
• Developed an SDK providing extensive access and user-friendly interfaces for cross-chain transactions
• Launched a demo site to exhibit SDK capabilities across multiple blockchain scenarios
• Provided comprehensive documentation covering all aspects of the platform
• Established a blockchain explorer for transaction tracking and validator status
• Enforced AML compliance checks to maintain high security and regulatory standards

The KIMA Token

The KIMA token plays a crucial role in maintaining the security and stability of the network. It does this by assigning a cost to each transaction on the network. This pricing mechanism is a strategic defense against potential attacks. Specifically, if an attacker tries to flood the network with spam transactions, they will face escalating costs in KIMA tokens, making sustained attacks financially impractical and deterring malicious activities.

Incentives for Liquidity Providers

Kima Network rewards liquidity providers to ensure balanced liquidity across various pools, fostering a stable trading environment and contributing to the overall health and efficiency of the ecosystem.

Kima Network stands out as a secure, stable, and efficient platform, bridging traditional and decentralized finance, and driving global DeFi adoption.

Use Cases

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eCommerce Payment Flexibility: Bob's eCommerce site accepts crypto payments. However, he's limited to USDT on Ethereum, while customer Alice has USDT on Solana. By integrating Kima, Bob enables Alice to pay directly into his USDT-ERC20 address, simplifying the process and avoiding customer drop-off.

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Enhanced Lending/Borrowing: Bob's Avalanche-based lending app faces liquidity issues. User Alice wants to contribute liquidity from Polygon but finds bridging cumbersome. Kima's solution lets Alice use her assets on other chains as collateral in Bob’s app, streamlining the process.

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Gaming Monetization Across Networks: Alice, a game developer, uses a Polygon-based in-game currency. Player Bob wants to buy game tokens with his Ethereum-based USDC but is unfamiliar with bridging. Kima enables Bob to use his USDC directly in Alice's game, maintaining a seamless gaming experience.

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NFT Marketplace Chain Integration: Bob, who runs a Solana-based NFT marketplace, faces requests for cross-chain support. Implementing Kima allows users to buy Solana NFTs using Ethereum funds, broadening marketplace accessibility without needing extensive chain knowledge.

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DEX Cross-Chain Transactions: Bob's DEX operates on Ethereum, Avalanche, and Polygon, but users struggle with cross-chain transactions. Kima facilitates seamless transactions between all of Bob’s DEX implementations, with in-app support for a user-friendly experience.

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Secure Bridge: Alice's multi-network NFT marketplace users want to transfer funds between networks securely. Kima provides a solution for secure, native fund transfers within her marketplace, enhancing user trust and convenience.

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Multi-Chain Wallet Functionality: Bob's multi-chain crypto wallet lacks cross-chain transfer capabilities. With Kima, Bob's wallet users can now transfer assets between chains directly, enhancing the wallet's functionality.

Investors

Mastercard / Enel X Innovation Lab (Finsec Labs), CoinX, Blockchange, BigBrain Holdings, Outlier Venture, and more.

Partnerships & Collaborations

Mastercard, ChainGPT, Monabit (crypto card issuer in LatAm/Colombia), Good Dollar, Depasify (a regulated VASP in Spain), Sei Network, Gagarin World, Dojo Finance, and more.

Blockchain Interoperability Technology

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Interoperability and transfer protocols accelerate the adoption of Web3 and crypto by any user, including Web2 users, while also improving the UI/UX experience for professional Web3 users.

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• Institutions adoption to settle cross-chain RWA transactions
• Hybrid crypto-fiat payment rails
• Secure, seamless, cross-chain transaction settlements
• Seamless compatibility of assets across chains
• ⁠Increased liquidity
• Seamless connectivity with traditional banking systems

Kima API & SDK

KIMA API & SDK

• API & SDK enables Web2 and Web3 apps/DApps to integrate Kima’s settlement engine into their business flows.
• Kima could be connected to apps, providing cross-chain and fiat settlements, making apps' functionalities accessible to users across any ecosystem (crypto asset and fiat holders)
• It can provide financial institutions with the functionality for trading and distributing the tokenized RWAs to their institutional counterparts, regardless of the financial ecosystem and token issuance platform.
• It functions as a gateway for cross-border money transfers between business and fintech companies

Equity Cap Table

• Blockchange
• Coinix
• Finsec Labs (Mastercard/Enel X), and others.

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Team

• Eitan Katz, Co-founder & CEO: Former corporate tech leader at HP and BMC, pivoted to crypto in 2014 with Aegis, one of the first hardware wallets. Now leading Kima to shape a web3 future with seamless interoperability and fluid liquidity across diverse dApps and blockchain networks.
  
  
• Guy Vider, Co-founder & CTO: Over 25 years of tech leadership, developing solutions for startups and consulting for Fortune 500 companies. His recent focus on fintech, blockchain, and security shapes Kima's robust solutions, leveraging his computer science and mathematics expertise.
  
  
• Tzahi Kanza, Co-founder & COO: Blockchain industry innovator since 2013, founding Titanium Technologies, FutureBlock Ventures, and more. With successful exits under his belt, he now commits his extensive experience and diverse education in Law, Economics, and Business to Kima's growth.
  
  
• Bryan Benson, CSO: Over 27 years in tech, digital asset, and web3 sectors. Ex-Binance LATAM general manager. Institutional digital assets and DeFi professional, he has a rich background in business development, team management, and forming strategic partnerships globally, covering sectors like venture capital, hedge funds, and corporate enterprises.
  
  
• Tomer Warschauer Nuni, CMO: Blends over 20 years of digital marketing expertise with a deep focus on blockchain and Web3 innovations in recent years. As a serial entrepreneur with notable successes and a contributor to Forbes and Cointelegraph, Tomer now applies his pioneering vision to Kima, driving revolutionary marketing strategies in the DeFi arena.

Advisors

• Ilan Rakhmanov: CEO & Founder of ChainGPT, proven entrepreneur, machine learning & Al models expert. Forbes Technology Council member and contributor.
• Mr. Avi Rubin: ML, Data Science, and algorithms expert. He specializes in sophisticated ML-based financial and trading systems.
• Prof. Zvika Afik: Specializes in finance, focusing on financial derivatives, risk management, and hedging.
• Prof. Evgeny Lyandres: Specializes in finance and is the head of the Blockchain Research Institute at Tel Aviv University.
• Prof. Brett Hemenway Falk: Research professor at the University of Pennsylvania. He focuses on blockchain, cryptography, coding theory, and network analysis.
• Ms. Rita Martins: Guest speaker at the University of Oxford and Head of FinTech Partnerships at HSBC.
• Mr. Milko Hensel: Head of Digital Partnerships at the private bank Maerki Baumann & Co. AG. 
• Mr. Kavi Dewan: Previously consulted DocuSign and GameStop. Today, Kavi leads Crypto Ventures at Plug and Play Tech Center.
• Mr. Shai Sand: Previously Apple Product Manager, ex-Microsoft Product Manager, ex-Intel Senior Process Engineer.
• Mr. Keith Bear: Previously VP of Financial Markets at IBM, member of Bank of England’s CBDC Technology Forum, and member of Investor Trends and Research Working Group at European Securities and Markets Authority (ESMA).
• Mr. Angus O'Callaghan: Managing Partner at UIST, previously Digital Assets Corporate Development at Deutsche Bank.

ChainGPT Labs: Fueling Kima Network's Rise in Blockchain

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The collaboration between ChainGPT Labs Incubation Program and Kima Network was a defining factor in the latter's growth.The comprehensive support provided by ChainGPT Labs, spanning technical infrastructure, launch strategies, marketing, and user acquisition, was instrumental in fueling Kima Finance's expansion. The program's expertise in smart contract development, regulatory compliance, and innovative AI integration enhanced Kima Finance's financial interoperability and user experience. Furthermore, access to ChainGPT Labs' extensive network boosted Kima Network's funding opportunities and solidified its market credibility, marking a significant step forward in its journey.

📚 Kima Network Resources

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Website | Discord  | Twitter | Telegram | Linkedin | Roadmap | Contact 

ChainGPT Labs: Empowering Innovation Through Incubation

The ChainGPT Labs incubation program promotes emerging Web3 startups by transforming their innovative ideas into viable business solutions over a period of up to two years. The program provides extensive assistance in product development, smart contract implementation, and user engagement, thereby equipping startups like Kima Finance to thrive further in the blockchain sector. With the support of expert mentorship and access to a vast network of partners and investors, ChainGPT Labs' incubation initiative prepares startups to navigate and excel in the dynamic landscape of blockchain technology.

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About ChainGPT Labs

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The ChainGPT Labs incubation program offers critical support to emerging Web3, crypto and blockchain projects by providing them with the resources and guidance needed to develop practical business solutions. 

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Here are some of the benefits Kima Finance and other projects enjoy as part of the ChainGPT Labs ecosystem:

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Strategic Engagement and Support: We engage directly with projects through frequent, hands-on consultations. This personalized approach ensures tailored guidance and strategic support at every developmental stage.

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Enhanced Branding and Marketing: We help projects enhance their social presence and branding, including website and logo redesigns, alongside effective social media strategies and advertising campaigns. This comprehensive support optimizes online engagement and increases project visibility.

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Investment and Economic Strategy: We assist in the creation of viable tokenomics that favor sustainable growth and also offer venture capital investment, prioritizing incubated projects for funding opportunities. This approach minimizes financial risks and maximizes potential returns to set projects up for long-term success.

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Whether you're just starting with a groundbreaking idea or you're looking to scale up and make a splash in the market, ChainGPT Labs is here to support you every step of the way.

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Pitch your project here and start your journey with us!

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