It’s our favorite time of the month — time to feature the technical advances of the Kambria platform, the heart of our blockchain ecosystem. Since our last update, we have implemented the MVP feature for centralized KAT wallet in the platform. Using this feature, admins can send KAT to users who complete certain tasks/challenges.
Once the user logs in, the platform displays the amount of KAT they have or have staked inside Kambria platform, in addition to the amount of KAT they have in their ETH wallet.
Through our platform, companies who wish to create bounties will be able to stake KAT in order to start the innovation process. Bounty owners will send KAT to their wallet on the platform which can later be issued to developers who win that particular bounty challenge. To learn more about the bounty creation process, please read this blog post and check out the accompanying infographic. In addition, the wallet will be accessed by users who stake KAT to vote for worthy projects.
Our development update team also completed publication of the AI Hackathon challenges on the Kambria Bounty page and enabled the site for team registration.
Very soon developers all over Vietnam will access the Bounty page to participate in the Vietnam AI Grand Challenge. The Grand Challenge is an initiative organized by Kambria and backed by the Vietnamese government that will bring together Vietnam’s best AI talent and support local and global corporations in designing the ultimate AI virtual assistant.
Kambria is offering up to $40,000 USD in prizes, payable in cash and KAT tokens, to teams who best integrate AI into virtual assistant applications. Our goal is to identify innovative ideas through our hackathons and support them in scaling globally to achieve the highest value.
The use of the KAT tokens strengthens our tokenomics, bringing value to both token holders and developers. To further drive demand, all prizes were purchased directly from the market and all participants must use KAT to pay for platform services, such as membership fees. These tokens also provide critical access to our resource library, workshops, and specialized databases via the platform. To learn more about how Kambria will create a strong token economy, please refer to our Business Model Master Plan.
The Vietnam AI Grand Challenge includes a series of workshops and hackathons that will take place in three cities — Ho Chi Minh City, Danang, and Hanoi — beginning in June. The series will culminate in a Grand Finale in mid-August as part of the AI4VN Summit. We have already completed three Info Seminars — all of which sold out — and have gained a ton of momentum and traction from the Vietnam tech community.
Lastly, our team has also completed the design of our Resource Library and Kambria Content Challenge bounty page for internal review. Please stay tuned for the next update as we further develop these offerings!
The Kambria Team
KAT is a token used on the Kambria platform.
Also published on Medium.