KYVE Network (KYVE) Price, Charts & Market Data

KYVE Network was founded in early 2021 by Fabian Riewe and John Letey. The founders initially collaborated on a bounty to bridge Polkadot data to Arweave, a permanent data storage solution. Their realization that their solution could be more decentralized and applicable to other blockchains led to the creation of KYVE, aiming to improve valid data accessibility across various blockchains​​. Fabian Riewe, before co-founding KYVE, worked as a Data Protection Consultant at Datkon Consulting and was the founder of ArVerify. John Letey, the other co-founder, previously held the position of CTO at th8ta and co-founded Verto and ArVerify​​​​.

KYVE Network offers a decentralized platform for data validation and retrieval, enhancing the reliability of data in the Web3 space. Its native coin, $KYVE, facilitates various functions like network security, data security, and governance. The network was founded by Fabian Riewe and John Letey, who initially worked on a project for bridging Polkadot data to Arweave, leading to the development of KYVE.