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Karat is the largest protocol on ZKSync, with over 300,000 actively transacting wallets. Each user has verified their Web3 wallet along with their Web2 identity and behavioral data.
Developed by senior engineers from Apple, Google, and a Forbes 30 Under 30 serial entrepreneur, Karat is a data access control middleware. It utilizes on-chain MPC (Multi-Party Computation) and ZK (Zero-Knowledge) technologies to create a decentralized, shareable data layer for Web2 and Web3 identities.
Karat has secured investments from institutions including Bitmart, NEO Eco, Longling Capital, Emurgo Capital, Blackbull Venture, and Milestone Capital. The protocol encrypts user dataâsuch as email and Twitter profilesâlinks it to their wallet, and stores it on IPFS. Users and nodes are granted MPC private keys, enabling fully decentralized control over data access permissions.
This infrastructure is designed to support future decentralized applications (DApps) requiring Web3 social features, data indexing, ad delivery, and login permission management.
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Karat Price Live Data
Karat (KAT) is in its growth phase, working to establish its place in the evolving Web3 ecosystem. The current market valuation places Karat at $0.00 per token, reflecting a 0.20% slight decline in value during the past 24-hour trading period. This price movement indicates slightly negative market activity within the KAT ecosystem. Investor engagement with Karat remains lower, with $29,754.35 in trading volume recorded across various trading platforms over the last 24 hours. This level of liquidity highlights KAT's declining interest and utility within the broader cryptocurrency landscape For comprehensive details regarding Karat's development roadmap, technical specifications, and community initiatives, interested parties are encouraged to visit the project's official resource hub at https://karatdao.com.
