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Kylin Network KYL

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Recaudacion de fondos

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Precio de ICO
$1.43
Total recaudados
$22.45 M
Total vendidas
180.00 M KYL

Acerca de KYL

Kylin Network is a blockchain infrastructure built on Polkadot that focuses on providing decentralized data management solutions for the web3 ecosystem. It aims to democratize the entire process of data management required by web3 middleware. Kylin Network is designed to be secure, scalable, and interoperable, inheriting these qualities from Polkadot. It serves as a layer 1 blockchain and offers compatibility with Polkadot parachains, making it a composable framework for middlewares across different chains.

What makes Kylin Network unique?

Kylin Network stands out from other cryptocurrencies due to its unique features and functionalities. Here are some key aspects that make Kylin Network unique:
1. Oracle Data Infrastructure: Kylin Network is a multi-level oracle data infrastructure built on Polkadot. It aims to democratize the entire chain of data management processes required by all web3 middleware. This infrastructure enables secure and reliable data sourcing, processing, and delivery across different blockchain networks.
2. Polkadot Parachain Compatibility: Kylin Network is built with Polkadot parachain compatibility, which allows it to inherit the security, scalability, and interoperability features of Polkadot. This makes Kylin a composable framework for middlewares across various chains.
3. Staking Mechanism: In the Kylin Network ecosystem, miners are required to stake KYL tokens. The higher the stake, the higher the probability of being selected to fulfill data requests. This staking mechanism ensures a higher level of trust and reliability in the data provided by the network.
4. Governance by Token Holders: KYL token holders have the power to vote for protocol upgrades and parameter changes on the Kylin Network. This decentralized governance structure ensures that the community has a say in the development and direction of the network.
5. Strategic Partnerships: Kylin Network has formed partnerships with various organizations, including Ternoa, a substrate-based blockchain dedicated to utility NFTs. These partnerships expand Kylin's ecosystem and enhance its utility by integrating with other innovative blockchain projects.
In summary, Kylin Network's unique features such as its oracle data infrastructure, Polkadot compatibility, staking mechanism, governance by token holders, and strategic partnerships set it apart from other cryptocurrencies in the market.

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