EpiK Protocol is a decentralized protocol for data storage, construction, and sharing. The protocol envisions building a decentralized knowledge graph using blockchain technology. Epik Protocol creates a trusted, multi-party collaboration platform that rewards all trusted contributors fairly. Some of the main features of EpiK Protocol include trustable storage, fair incentives, trusted governance, and reliable financial capabilities.
The construction of a practical knowledge graph that can be efficiently utilized by AI is met with several challenges. These challenges or issues include
According to its whitepaper, EpiK Protocol solves these problems by expanding the horizons of today's AI technology and tapping on decentralized storage technology.
EpiK Protocol achieves trusted storage by tapping on Filecoin's decentralized storage technology. The underlying technology of Filecoin is the IPFS protocol. The InterPlanetary File System (IPFS) is a peer-to-peer network and protocol for storing and sharing data in a distributed system. The EpiK Protocol has trusted governance built on Decentralized Autonomous Organization Technology (DAO). Any issues within the organization that require governance can be resolved using DAO, where qualified participants vote to decide on the results.
EPK is the native token of the EpiK Protocol. The circulation of EPK tokens builds the foundation of EpiK's token economy. The tokenization of EpiK Protocol provides the EpiK ecosystem with a trusted incentive model. Tokenization offers a new way to transfer value based on blockchain technology. Moreover, tokenization is a programmable asset that can be used to transfer value with low costs. EPK tokens can be transferred and exchanged hassle-free. All the transactions using EPiK tokens are transparent and immutable.