Kilt Protocol

The KILT protocol is a layer 1 blockchain, specialising on self-sovereign identity - the management of identity and credentials or what Vitalik calls soulbound-tokens.

Token Utility:

Demand Driver:

Value Capture:

Value Creation:

Super relevant technology and topic that could see use and adoption within industry
Unsure if it's required among other SSI solutions native to blockchains such a Ethereum and even Bitcoin
The community only governs over a supply of minted tokens that doesn't have any new inflows
As most L1 the success will depend on adoption and use cases built on the ecosystem

At the TGE there will be 150 million pre-minted KILT Coins. All of these coins, regardless of being unvested, vested or locked, can be used in some governance and voting processes and can be staked for block rewards.
100 million of these coins are dedicated for the community. These coins have no lockup and no vesting; or a 6 month lockup; or linear vesting over 6, 12, 18 or 24 months.
An amount of 4.5 million of these coins are reserved for crowdloan voting participants; some of which are unlocked linearly over 6 months after distribution.
Fifty million coins are allocated to BOTLabs with a 60 months’ linear vesting.
However, only about 34 million (23%) of the total number of coins minted at TGE will be in circulation after the Token Transferability Event (TTE) of the mainnet. This represents approximately 10% of the fully diluted distribution.
After TGE, newly minted tokens are paid out to collators, delegators and the Treasury.
The rate of newly minted tokens shall diminish over time (see details below).
Therefore the distribution converges towards an asymptotic maximum of about 290 million KILT Coins (290,560,000).