Kambria Price (KAT)

Kambria describes itself as the first decentralized open innovation platform for Deep Technology (AI, Robotics, Blockchain, VR/AR, etc.). It is claimed that anyone can use the platform to cooperate on studying, developing, and commercializing innovative ideas, and get adequately compensated for the efforts.

The whitepaper mentions that Kambria International ("KI") administers Kambria, with the objective of substantially speeding the development and implementation of the world's most sophisticated robotic technology. The firm's mission is to build and offer intelligent yet inexpensive consumer robots with 10x the speed, efficiency, and convenience.

The present rate of robotics innovation is unnecessarily slow due to many challenges. Robotic applications are time-consuming, costly, and difficult to develop. Moreover, there is a lack of appropriate interface and abstraction layers for software, electrical, and mechanical systems. Furthermore, many technical areas involved in robot design (mechanical, electrical, and others) lack effective collaboration and sharing tools.

The Kambria robotics platform's goal is to liberate the robotics industry from these challenges and speed the advancement of robotics technology. The Kambria Platform is based on blockchain technology. The Kambria Platform can be used to reward collaboration and penalize defection by incorporating crypto-economics into the robotics development cycle. Individuals and small teams can collaborate more quickly The Kambria platform also claims to offers financial incentives for contributors. Users can use network effects to interesting aggregate technologies. The platform is an intermediary for end-to-end robotics business problems.

The five pillars of the Kambria Platform architecture are the Code Base (KDNA), innovation marketplace, the manufacturing alliance, value capture, and legal enforcement.

The native token of the platform is "KAT." KAT is an ERC20 utility token that KTI (Kambria Token International) developed, issued, and distributed. The token's key utilities include:

A non-tradable ledger record for wallet addresses is Kambria Karma. Kambria Karma is employed to keep track of the actual job that has been completed. Kambria Karma also motivates to promote valuable work and reward for specific contributions.

Thuc Vu, Jared Go, and Tingxi Tan are the cofounders of Kambri., as well as OhmiLabs, a robotics and modular tech company. The Kambria team published the whitepaper June 15, 2018. The total supply of KAT is 5,000,000,000 coins.

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The current market cap of Kambria is $775.23K. A high market cap implies that the asset is highly valued by the market.

The all-time high of Kambria is $0.0363. This all-time high is highest price paid for Kambria since it was launched.

Over the last 24 hours, the trading volume of Kambria is $59.51.

Assets that have a similar market cap to Kambria include Duet Protocol, EG Token, xcDOT, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Kambria is 1.6 billion.