KuCoin AMA With DIN (DIN) — AI Agents Meet Blockchain: The Next Evolution in Decentralized Technology

Dear KuCoin Users, 

Time: February 13, 2025, 10:00 AM - 10:51 AM  (UTC) 

KuCoin hosted an AMA (Ask-Me-Anything) session in the KuCoin Exchange Group, featuring Jennie, the Head of Marketing at DIN.

Official Website: https://din.lol/  
Whitepaper: https://dinlol.gitbook.io/din-cook-data-for-ai   

Q: Can you introduce DIN to the audience? What is DIN’s vision and mission?   

Jennie: 

DIN is the First AI Agent Blockchain.

Created from the foundation of the Data Intelligence Network, DIN is designed to provide comprehensive solutions and infrastructure for AI agents and decentralized AI applications (dAI-Apps).

Before delving into the history and development blueprint of DIN — the team behind the project, let's first revisit the journey from its inception to the present. This journey showcases technological advancements and team growth and reflects our vision for the future.

Inception Phase: The project commenced at the end of 2021. For a considerable period, the project had only two full-time staff members, with others, including designer Olivia, product manager Guo, front-end developer Z, and marketing manager Mel, assisting in the development and operation of DIN part-time. Initially, DIN focused on analyzing and visualizing data on the Polkadot ecosystem. It launched a real-time monitoring dashboard for Crowdloan during the Polkadot parachain auction period, becoming one of the most notable data projects of the time. As various projects' parachains were launched, the staking data dashboards were tailored for each parachain. This phase can be termed DIN's 1.0 stage, where we established a direction for development and began forming our team. We sincerely thank the Web3 Foundation for providing grant support during this stage, which was crucial for our initial funding. Our efforts culminated in the development of Cumulon, a product focused on monitoring staking on Polkadot parachains, currently supporting six parachains for staking data monitoring and asset management.

Financing Phase and Development Period: Many users warmly received our first product, prompting the DIN team to begin fundraising and continue product development. We subsequently developed chain analysis tools for business customers and community developers, Analytix. During this phase, we achieved two significant milestones. First, our products began serving our first major customer, Moonbeam Network, providing various data metrics for the Moonriver and Moonbeam Networks, supporting the Moonbeam team's decision-making process. In 2023, we extended our data services to the BNB Chain and Manta Network. The second milestone was the completion of our seed round funding at the end of 2022, valued at 30 million USD, with participation from Binance Labs, Hashkey, Shima, LIF, and other institutions. This funding allowed us to expand our team and develop a richer product line rapidly.

Embracing AI: By 2023, with the rapid development of large models and the widespread use of ChatGPT, we anticipated that artificial intelligence would be a significant technological trend over the next decade, bringing substantial changes to the cryptocurrency domain. We began to explore how AI could be integrated with blockchain technology. AI-generated content (AIGC) could also emerge as a new asset class, necessitating a technological platform and infrastructure for assetization, with blockchain's immutable nature providing foundational technological support. Subsequently, we launched the Reiki platform, an AI-Agent UGC platform that combines AI and data, allowing users to create AI-native content, monetize them, and trade them. As of May 2024, over 29,000 AI agents have been minted as on-chain assets and traded on the Element platform. We also introduced a commercial version of Reiki to provide project teams with a one-stop AI-powered community knowledge and data solution. The BNB Chain has already adopted Reiki Agent, offering community users a knowledge base Q&A service.

The Next-Generation Blockchain Network for Data and Artificial Intelligence: We have recognized two crucial trends as AI technology evolves. First, AI agents will fundamentally change how users interact with software, replacing multiple Apps or dApps with a unified personal assistant. This assistant communicates with users in natural language, interprets user intentions, converts these intentions into executable code, and employs the optimal strategy for execution. Second, to continuously improve the AI agent's capabilities, a vast amount of data is required for AI training. This data includes both public and private user data. A significant volume of cleaned public data is essential for AI agents to make accurate decisions; likewise, the more personal data AI agents have access to, the more accurately they can meet customized user needs (here, we will not delve into potential privacy issues related to data authorization).

Based on this, we have defined DIN's long-term vision: Build the Infra for AI-Agent and AI-dApp. 

The value proposition of DIN is: To build a data intelligence network founded on the synergy among people, data, and AI.

Using blockchain as the record and settlement layer, we aim to build a primary data layer to collect, validate, vectorize, and incentivize both on-chain and off-chain data.

In the future, we believe AI agents will completely transform how users access information and interact with the blockchain.

AI agents with various capabilities will provide users with fully customized information and assist users in performing complex operations. The iterative improvement of AI capabilities requires everyone to contribute high-value data. As more data becomes available, AI agents will have access to increasing information, making the network more intelligent. A more brilliant network will, in turn, help humanity solve increasingly complex problems, benefiting data contributors and developers. The three fundamental elements of data, people, and artificial intelligence will work together and promote each other, leading to positive iterations of the Data Intelligence Network and continuously increasing the network's value.

Q: Could you share what makes DIN the first AI Agent blockchain? How does it support AI Agents and AI dApps? 

Jennie: After years of developing and scaling both on-chain and off-chain data solutions for AI agents, we’ve identified key areas where decentralized AI needs improvement and what it takes to drive wider AI and crypto adoption. This is why we’re launching the DIN blockchain — a purpose-built blockchain designed to provide comprehensive solutions for AI agents.

DIN Blockchain is designed to provide comprehensive solutions and infrastructure for AI agents and decentralized AI applications (dAI-Apps), including:

• AI data availability and scalability.

• Tools for knowledge base integration and search using Retrieval-Augmented Generation (RAG).

• Large Language Model operations (LLMOps) and AI-generated content (AIGC) monetization.

• A complete platform for developing AI agents and dAI-Apps, simplifying creation and deployment.

With the rapid development of AI Agents in the blockchain space, despite frameworks like ELIZA, ARC, and Swarms that optimize single AI Agent performance or facilitate collaboration between multiple AI Agents, these frameworks still face challenges such as off-chain data storage, difficult-to-verify reasoning processes, and lack of execution transparency.

Therefore, AI Agents urgently need a blockchain specifically designed for them, providing robust data support, a reliable execution environment, and transparent operational processes.

As such, the blockchain needed for AI Agents is not just a “ledger” tool but should have the following core characteristics:

• Strong data support and management capabilities: High-quality data is the foundation of AI Agent intelligent decision-making. The blockchain needs to efficiently collect, process, and store data while supporting both on-chain and off-chain data interactions;

• Trusted execution environment: To ensure AI Agent decision-making processes are fair and trustworthy, the blockchain needs to provide decentralized mechanisms that ensure all operations are transparent and tamper-proof;

• Efficient computational capability: AI Agents require powerful computing capabilities, and the blockchain platform should possess high scalability and the ability to handle complex computational tasks;

• Support for multi-agent collaboration: Future AI Agents will need to cooperate with other agents, and the blockchain should support multi-agent collaboration and interoperability to enhance problem-solving capabilities.

These requirements are driving AI Agents toward blockchain. Unlike traditional Web2 applications, AI Agents on blockchain will not only solve data storage and reasoning verification issues but can also open up broader market applications. To maximize AI Agent potential, blockchain platforms must provide a dedicated infrastructure to meet data processing demands, intelligent decision-making, computational capabilities, and multi-agent collaboration.

DIN blockchain is precisely the AI Agent blockchain designed to meet these requirements. It supports a complete workflow from data to models to AI Agents.

The DIN blockchain architecture has four layers: consensus layer, data layer, service layer, and application layer.

Consensus Layer

AI Agents require credibility and transparency in their decision-making and reasoning. DIN blockchain provides decentralized security through its consensus layer, built on the OP stack and leveraging BNB Chain’s security. This layer ensures transparent and immutable operations and decisions, thus providing a reliable execution environment for AI agents.

Data Layer

AI Agents need high-quality, scalable data for training and decision-making. DIN blockchain’s data layer provides efficient on-chain and off-chain data processing, supporting AI dApp and AI agent development. DIN has attracted over 30 million registered users and processed and stored over 100 million encrypted tweets on-chain, becoming a crucial infrastructure in AI data. All this data is securely stored on BNB Greenfield, and users can earn rewards for their contributions. DIN is not just users of BNB Greenfield; DIN also serves as the platform’s official storage service provider. Its powerful data processing capabilities provide real-time data support for large AGI models and AI agents. DIN’s data supply capabilities are vital for AI agents’ efficient operation in multimodal data and complex logical analysis.

Service Layer

The service layer provides essential tools for creating and deploying AI agents. It includes LLMOps, a comprehensive framework covering deployment, monitoring, and optimization of large language models, ensuring AI agents can efficiently handle complex computational tasks. Through Prompt as a Service and Agentic Workflow, the service layer simplifies the creation and deployment process of AI agents, enabling them to execute complex tasks efficiently.

Additionally, the DIN blockchain’s service layer supports multi-agent collaboration through RAG (Retrieval-Augmented Generation) and Agentic Workflow. RAG provides efficient knowledge search, indexing, and retrieval, facilitating data sharing and collaboration between different AI agents; Agentic Workflow provides a visual workflow interface, helping to build and manage complex tasks for multi-agent collaboration, supporting seamless cooperation between agents.

Application Layer

DIN blockchain’s application layer has demonstrated its strong potential through multiple self-developed dApps, including Analytix, Reiki, and xData, providing rich value for business use cases on the BNB Chain. Analytix is an on-chain data analysis platform trusted by major clients like BNB Chain, Moonbeam, and Manta Network, helping users create detailed dashboards to analyze on-chain activities. Reiki integrates AI with User Generated Content (UGC), providing creators with customized AI agents and dataset management capabilities, and has achieved significant success on Product Hunt, winning first place as “Product of the Day” and “Product of the Month” and ranking third in the 2024 Annual Rankings. Meanwhile, xData, a revolutionary AI data collection tool, has attracted over 30 million registered users and collaborates with AISpeech, utilizing blockchain technology to provide multilingual voice data annotation services for the automotive industry, further advancing its commercial applications in the AI voice sector. These dApp achievements fully demonstrate the robust capabilities and broad influence of the DIN blockchain’s application layer.

The DIN blockchain has natural advantages in providing AI Agents with robust data support, trusted execution environments, efficient computing power, and multi-agent collaboration capabilities. Furthermore, DIN blockchain enhances the token’s practical utility by introducing the native token $DIN as Gas fees, while providing users and developers with a low-cost operating environment, promoting vibrant ecosystem growth. Through its economic incentive mechanism, DIN blockchain offers clear revenue pathways for developers and users, attracting more developer participation and driving the widespread adoption of AI Agent technology.

Q: What is the role of $DIN in the DIN ecosystem, and what are its key utilities? 

Jennie: 

$DIN Utility

Gas Token

$DIN serves as the gas token for all participants on the DIN Blockchain, facilitating payments for node operations, data storage, and AI Agent creation and trading, ensuring seamless on-chain activities.

Buy-Back Mechanism

A portion of the ecosystem’s revenue will be used to buy back $DIN, strengthening its long-term value while supporting AI data labeling and AI data insights.

Ecosystem Building

$DIN also plays a key role in ecosystem development, funding initiatives like grants and bounties to drive community growth and innovation.

For more information, you may check this link. 

Q: Can you walk us through the airdrop details? Who is eligible, and how can participants claim their tokens? 

Jennie: $DIN airdrop will be distributed to active participants, rewarding those who engage with and contribute to the DIN ecosystem. The following users are eligible for the $DIN airdrop:

xDIN Holders

Users who hold xDIN through participation in DIN Chipper Node, xDIN farming, or xDIN trading will be eligible to receive an airdrop.

• No lock-up period: The total amount allocated for the airdrop will be fully unlocked and distributed to eligible users at TGE, ensuring immediate access to the tokens for all qualifying participants.

Node Holders

Active Tier 2–Tier 10 node holders will receive bonus airdrops. Rewards will vary based on the node tier.

• Unlocking Schedule: 60% of the airdrops will be unlocked at TGE, with the remaining 40% unlocked linearly over 3 months.
  
  

Campaign Participants

Users who participate in the Binance Wallet x DIN airdrop campaign and the DIN Testnet campaign will receive the airdrop. A total of 425,000 $DIN will be distributed among all eligible users.

Binance Wallet x DIN participants will receive the airdrop based on their points, while DIN Testnet participants will receive it according to their role level earned.

• Unlocking Schedule: 100% will be unlocked within 7 days following TGE.

$DIN Airdrop Timeline

$DIN Airdrop will be distributed in two phases:

Phase 1: For xDIN and Node holders — check allocation from Feb 11th, claim from Feb 14th.

Phase 2: For campaign participants — check & claim from Feb 20th.

How to Check & Claim Your $DIN Airdrop Allocation

Phase 1: Airdrop for xDIN & Node Holders

1. Visit the DIN airdrop page.

2. Connect your wallet to view both your base and bonus airdrop allocations.

3. Starting from Feb 11th, you can check your airdrop allocation. From Feb 14th, you can claim your airdrop.

Note: The Base Airdrop is for xDIN holders, while the Bonus Airdrop is for Node holders.

For the Base Airdrop:

You will have two methods to claim your airdrop:

Method 1: Submit your Gate.io information from Feb 11th to Feb 13th. Gate.io will handle the airdrop and distribute it to your Gate.io wallet on Feb 14th.

Method 2: From Feb 14th, claim the airdrop directly using your wallet

For the Bonus Airdrop:

From Feb 14th, you can click the “Claim” button to claim the currently available amount of node rewards. You may check here.

Phase 2: Airdrop for Campaign Participants

Airdrop checks and claims open on February 20 at 16:00 (UTC+8) — 100% unlocked! Stay tuned for updates in our official announcements!

You may check here for additional information.

Q: Can you share the tokenomics and allocation details for $DIN? How is the supply distributed?  

Jennie: 

$DIN Allocation

- Community & Ecosystem 61.5%

- Team & Advisor 17.5%

- Investors 16%

- MM & Liquidity 5%

Total Supply: 100,000,000

$DIN Unlock Schedule:

$DIN TGE will launch on BNBCHAIN, DIN Chain (after the mainnet launch), and more. On TGE day, 13.03% of the total $DIN supply will be unlocked, totaling 13,025,200 $DIN.

$DIN will be gradually released over 48 months, with all tokens entering circulation by the end of this period.

For more information, you may check here.

Q: Following the listing, what’s in store for DIN? What major milestones and developments can we expect in the near future? 

Jennie: We will launch our main net in the near future so that the $DIN token has its consuming scenarios, and we will release our own multi-agent system as an AI agent framework as well to expand our ecosystem and attract more projects and developers.

Q: Can you explain, which one is your top priority? Security, Product, Partnership, or Token price?  

Jennie: This is a very interesting question since most of the community members will expect the token price. However, as a team who has created many products during the past 3 years, we want to say that the product is as important as the token price.

As we are getting closer to our TGE which will be on Feb 14, we need to focus on the token price itself because only the pump and fomo can bring us attention and future liquidity. After that, we will keep focusing on building new and interesting products.

Q: If your project was a meme, what would it be? And how do you plan to moon without getting rekt by the market?  

Jennie: 

I think for me, as a marketing lead in a crypto project, how to make a project popular as a meme would be my KPI. 

I personally am a meme lover and meme coin trader, and really love how they gain attention and attract buying pressure. 

For DIN, we collaborated with several meme coins recently to be honest, such as Banana & Andy on BSC, or Santa on Base. I think the meme community is the most active and they have the strongest buying pressure.

Next, in our plan, we will collaborate with more meme projects and provide them with the infra so that we can both benefit our token holders with those meme coins airdrop and attract those meme coin communities to become our token holders.

Q: Is your platform suitable for Crypto Beginners? Or is it only limited for professional users? 

Jennie: Yes, very friendly for crypto beginners.

For example, 

xData is the AI data node infrastructure on DIN, which was launched in early April 2024 on opBNB. As of now, it has over 30M total users and over 1M daily active users on opBNB and Mantle. You can simply download the chrome extension and reply to a certain tweet, then you will get rewards. You may check this link. 

Chipper Node is an essential part of the DIN ecosystem, enabling the data validation and vectorisation process, and providing reward conversion computation power. Currently, there are over 50,000 node holders worldwide, with more than 40,000 actively running their nodes. You only need to run your node on a local machine and software, then you will get rewards. Get to know more about Chipper Node here. 

Q: When will your tokens be listed on exchanges and which exchanges do you plan to list on in the future?  

Jennie: Kucoin is among our initial listing CEXs.

Other options include Gate.io and LBank.

Actually, we are still talking to Binance, OKX, Bybit, and Bithumb. Just stay tuned!

Q: What makes DIN (Data Intelligence Network) token unique in leveraging AI and blockchain for decentralized data monetization? 

Jennie: We are the first AI agent blockchain over BNB Chain. So that means if you hold $DIN, you can bridge it from the DIN chain to BNB Chain, and vice versa.

The $DIN testnet token is the first pre-TGE one which shows on BNB testnet faucet website.

We are backed by Binance Labs (Yzi Labs now) and have strong support from BNB Chain. So as an early and leading member in the BNB ecosystem, we can say that the $DIN is universal special.

🎁 Participate in the DIN AMA quiz now for a chance to win 12.93 DIN.   

  The form will remain open for five days from publishing this AMA recap  

KuCoin and DIN have prepared a total of 2,500 DIN to give away to AMA participants.

1. Pre-AMA activity: 1,035 DIN

2. Free-ask section: 50 DIN

3. Flash mini-game: 445 DIN

4. Post-AMA quiz: 970 DIN

Sign up for a KuCoin account if you haven’t done so yet, and ensure you complete your KYC verification to be eligible for the rewards. 

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