Kylin Network Reviews List of its Partners
Partnerships are an integral factor in the makeup of a successful web3 project. The core tenet of this space is decentralization and having partners that play various roles by either utilizing the product/services or providing critical services to specific projects. This keeps the ecosystem ticking, as collaboration is everything.
In almost two years of Kylin’s operations, the team has secured over 50 partnerships with ambitious projects in the space. Some of these partners are within the Dotsama ecosystem, and others are part of the more expansive web3 space. What this sets up for Kylin is a stream of partners to potentially utilize the Kylin data oracle within the Dotsama ecosystem, now that Kylin has a parachain live on both Kusama and Polkadot. For partners outside the Dotsama ecosystem, there’s the opportunity to utilize the Kylin data oracle once it becomes available across chains.
In the wake of the existential crisis happening across the entire global market, web3 included. It’s pretty tough with all that is happening, mass layoffs, Billionaires losing fortunes, and inevitably, projects sunsetting.
The Kylin team intends to start the year by sharing a pruned list of all of Kylin’s existing partners as we work towards the launch of our minimum viable product. Kylin continues to interact and onboard more parachain teams to the Federated and Decentralized Parachain Oracle Systems (FDPOS) created by members of the Kylin technical team. We are positive more parachain teams currently in the FDPOS will eventually become official partners of the project.
The partnership page of the Kylin Network official website has been duly updated with partners that are still in operation and building. From here on, the team will conduct a partnership review every six months to add partners who could find a way back on their feet and continue. Also, this exercise will prune out projects that have stopped operations.
About Kylin Network
Kylin Network strives to be a composable and configurable multi-level oracle infrastructure built as a Polkadot parachain, for the democratization and delivery of accurate data on time, at a reliably low cost. Kylin hopes to offer a way for chain-agnostic APIs to serve data according to service level agreements (SLA) that the consumers of this data will be aware of.
Data source compatibility beyond price feeds will bootstrap a free data market. This will allow market demand to determine the direction of the innovation of a feed, its price, and supply. With dynamic NFTs & SFTs, Kylin’s ongoing development will innovatively tokenize data streams that democratically will be accepted on the Kylin Network.
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