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KILT Token on Base: Decentralized Identity Powerhouse for Web3

KILT Token on Base: Decentralized Identity Powerhouse for Web3

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The KILT token on the Base chain (0x5d0dd05bb095fdd6af4865a1adf97c39c85ad2d8) sits at the heart of the KILT Protocol, a next-generation blockchain project laser-focused on decentralized digital identity. While KILT first found life as a parachain on Kusama and later integrated with Polkadot, its expansion to Base—a fast, low-cost Ethereum Layer 2—signals a pivotal move toward mainstream and cross-chain adoption.


What Is KILT Protocol?

KILT Protocol is all about giving users control over their digital identities. Instead of letting companies or centralized apps hold your personal info, KILT enables you to own, prove, and manage your credentials—whether you're an individual, a business, a machine, or even a service—across the Web3 ecosystem.

  • Decentralized Identifiers (DIDs) & Verifiable Credentials (VCs): DIDs are like digital passports that only you control. VCs are proof documents, like diplomas or licenses, that you can show selectively. On KILT, trusted parties called Attesters issue these credentials, but your private data never touches the blockchain—it stays in your wallet.
  • Privacy & Compliance First: KILT’s framework lets you verify identities and credentials for things like gaming, DeFi, or enterprise use, all while keeping your personal details private.
  • From Kusama & Polkadot to Base: KILT was born on Kusama in 2021, migrated to Polkadot in 2022, and now has made its way to EVM-compatible chains like Base, Arbitrum, Optimism, and Polygon. This means KILT's identity tech is accessible to a much wider group of developers and users.

Why Deploy KILT on Base?

Base is Coinbase’s Ethereum Layer 2, designed for high throughput, minimal fees, and seamless developer experience. By bringing KILT to Base, the protocol achieves:

  • Lower transaction costs for issuing, proving, and verifying credentials
  • Faster settlement times and better user experience for dApps that integrate identity features
  • Compatibility with ERC-20 wallets like MetaMask, Coinbase Wallet, and Trust Wallet
  • Deeper integration with Ethereum DeFi and NFT ecosystems, opening up new use cases for verified identity

Token Details & Tokenomics

  • Symbol: KILT
  • Base Address: 0x5d0dd05bb095fdd6af4865a1adf97c39c85ad2d8
  • Standard: ERC-20
  • Total Supply: 290,560,000 KILT (fixed, no inflation after migration)
  • Decimals: (Typically 15; check contract details)
  • Holders: Still very early—just a handful on Base, but growing
  • Current Price: ~$0.028 (as of recent data; check CoinCarp for updates)
  • Volume: ~$11,680 24h turnover (low liquidity is common on new contract deployments)

Token Migration & Security:
In June 2025, KILT migrated from its old Base contract to this new address using a 1:1.75 swap ratio. The migration was well-coordinated—automatic for exchange users, manual for personal wallets—and audited by CertiK for security.


How Does KILT Power Identity in Web3?

The KILT token is more than just a tradeable asset—it’s the engine for:

  • Credential Payments: Pay fees for issuing and verifying digital credentials.
  • Governance: Vote on protocol changes and direction.
  • Staking & Collation: Support network security and maintenance through staking (primarily on the original parachain, bridged from Base as needed).
  • Enterprise Solutions: Integrate with document signing, onboarding, and compliance for banks, fintechs, healthcare, and beyond.

Some cool real-world use cases:

  • Gaming: Prove ownership of in-game assets and transfer identities between titles.
  • NFT & DeFi: Add trust layers to NFT marketplaces or DeFi apps requiring identity or AML compliance—without leaking any sensitive info.
  • Fintech: Supercharge onboarding and payments with instant, credential-based ID checks.

Technical Foundation & Multi-Chain Vision

  • Parity Substrate: KILT’s backbone, connecting it deeply with Polkadot and Kusama for shared security and interoperability.
  • LDPoS (Limited Delegated Proof of Stake): Collators process transactions, delegators stake KILT to back them, and both share in network rewards.
  • Open-Source & Audited: The ERC-20 implementation is built on OpenZeppelin and regularly audited.
  • Wallet Flexibility: Store KILT in popular wallets or use Sporran for tailored identity management.

Market Sentiment & Community

  • Trading: Available on Kraken, gate.io, MEXC, and Base-based DEXs (check liquidity before swapping!).
  • Community Vibe: Enthusiasts see KILT as a pioneering Web3 identity layer, but some traders remain skeptical after the sharp drop from its all-time high. Adoption on Base is still in its infancy.
  • Development: The KILT Protocol GitHub is active, and the project’s long-term vision is supported by BOTLabs GmbH.

Risks & Challenges

  • Early Adoption on Base: Only a few holders; liquidity and integrations are expected to grow over time.
  • Price Volatility: KILT’s price is far below its peak; research carefully before investing.
  • Competing Identity Protocols: Projects like Civic and SelfKey are active competitors.
  • Regulatory Uncertainty: Identity and privacy tokens are in the crosshairs of financial regulators globally.

Bottom Line

KILT’s integration with the Base chain brings powerful, privacy-centric digital identity tools to the Ethereum ecosystem and beyond. With a fixed supply, mature protocol, and a clear focus on privacy and interoperability, KILT could be a foundational layer for the next generation of Web3 apps—if it gains the adoption and liquidity needed.

Want to track, analyze, or trade KILT?
Platforms like GMGN.AI provide real-time analytics, wallet tracking, and risk management features for KILT and other Base tokens.

For Developers:
If you’re building with KILT on Base, dive into the official docs, check out Base’s developer portal, or reach out in the KILT community.


References & Further Reading

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