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About Kylin
Key Points
- Kylin Network provides a decentralized data infrastructure solution leveraging Polkadot and Polkadot Substrate 2.0 Off-Chain Workers.
- KYL is the native utility token used for staking, transactions, and governance.
- KYL is available for trading on Uniswap and other exchanges.
- Kylin technical architecture includes Kylin Data Analytics, Kylin Data Oracle, and Kylin Data Marketplace.
- The 21-person team and advisors come from top blockchain projects, schools, and employers.
- Kylin completed its Seed Fundraising in Nov 2020 with support from nine institutional investors.
Numbers and Figures</
About Kylin Network
Kylin: A Revolutionary Data Federation Platform
Kylin Network is poised to introduce a decentralized data infrastructure solution, dubbed #DeData, which will harness the power of Web 3.0 by leveraging Polkadot and Polkadot Substrate 2.0 Off-Chain Workers, comprising the Kylin Data Oracle, Kylin Data Analytics, and the Kylin Data Marketplace.
KYL is the indigenous utility token, serving as the cornerstone for:
Staking for data miners, validators, and arbitrators is facilitated through the requirement of staking KYL, where a higher stake corresponds to a higher probability of being selected to fulfill data requests. Serving as an intermediary of exchange, KYL will be utilized as a transaction fee, query fee, and for accessing data behind paywalls (private APIs). Furthermore, on-chain governance is enabled, allowing KYL token holders to vote on protocol upgrades and parameter changes within the Kylin Network.
Acquiring KYL: A Comprehensive Guide to Purchasing Options
KYL is now accessible for trading on an increasingly diverse range of exchanges, with its availability continuing to expand.
As of March 2021, KYL has been formally listed on Uniswap, with its presence proudly showcased on the platform’s token information page:
https://info.uniswap.org/token/0x67B6D479c7bB412C54e03dCA8E1Bc6740ce6b99C
Safety advisory: !!! Always exercise extreme caution and meticulously verify the KYL Smart Contract: 0x67B6D479c7bB412C54e03dCA8E1Bc6740ce6b99C
New to the world of cryptocurrency? Explore CoinMarketCap’s comprehensive beginner’s guide to purchasing Bitcoin or any other digital token with ease.
Kylin’s Technical Architecture Comprises:
Kylin Data Analytics is a comprehensive suite of analytical tools tailored for data warehouses, empowering users to unearth meaningful insights, identify patterns, and interpret findings. Furthermore, it facilitates low-cost commercialization capabilities for the masses. Additionally, the platform offers a robust query engine and RESTful API, seamlessly integrating with third-party applications, including decentralized applications (Dapps), networks, and external analytics tools, such as business intelligence (BI) tools and machine learning platforms.
Kylin Data Oracle is a cutting-edge, decentralized data feeding protocol, powered by Polkadot, that provides access to multiple cost-effective, real-time data sources. By leveraging the complementary strengths of Substrate 2.0 Off-Chain Workers (OCWs), the Kylin Oracle Network is empowered to process a wide range of on- and off-chain data in a validated and reliable manner.
Kylin Data Marketplace is an open, decentralized platform facilitating seamless data exchange and pricing. Dapps built on Polkadot can effortlessly and efficiently aggregate both off-chain and on-chain data, all while enjoying a highly competitive fee structure. Kylin’s vision is to democratize access to a vast array of data resources, encompassing diverse data types and sources, including but not limited to social media posts, flight information, exchange rates, weather reporting, and beyond.
The Visionary Minds Behind Kylin: Our Team Members
Our esteemed team of 21 individuals, comprising technical, marketing, and financial experts, boasts an impressive pedigree, with esteemed alumni from top-tier institutions, including Columbia University, Wharton, and John Hopkins, as well as seasoned professionals from renowned blockchain projects, such as Beam, TomoChain, and Harmony, and prominent employers like JP Morgan, Baidu, and Credit Suisse.
CEO – Dylan Dewdney, Founder and incubator of Kylin, boasts an impressive pedigree as the former Co-Founder of Harbour DAO, GTM for Beam.mw, and Chief Evangelist and Head of Growth for AdEx. A seasoned crypto enthusiast since 2011/12, he has extensive experience as a miner and investor.
Interim CMO/Head of Advisory Board – Beni Issembert, a seasoned entrepreneur and global marketer with 15 years of proven experience in the scientific and technology sectors. Notably, he has held positions as CMO for Concordium, GTM for BEAM.mw, and Chief Marketing Officer. A published author, Beni Issembert also holds a Ph.D. from John Hopkins and is a member of the esteemed Open Source Initiative.
Full-stack Developer – Aaron Po, boasting 7 years of extensive experience in full-stack development, specializes in crafting scalable systems and blockchain solutions. His technical repertoire encompasses a diverse range of programming languages, including C#, Java, Rust, Go, and Javascript, as well as proficiency in AWS, Kubernetes, Hadoop, and HBase, among others.
System Architect/Substrate Developer – Andy Zhuang A seasoned developer with extensive experience in Hyperledger, Ethereum, and EOS. Renowned for his expertise in designing the architecture of decentralized finance (DeFi) systems and token economics. Notably, he has also held senior positions as a Software Developer and Data Scientist at Baidu.
Distinguished Strategic Investors
Kylin completed its seed fundraising in November 2020, garnering support from nine esteemed institutional investors, who provided valuable resources in capital, project advisement, technology development, and future parachain slot auctions, among other areas.
Notable investors include esteemed entities such as Digital Strategies, Signum Capital, PNYX Ventures, Moonrock Capital, AU21 Capital, CMS, ZMT Capital, Rarestone, and Tenzor Capital.
The Kylin Roadmap: A Visionary Path Forward
Q2 – Q4 2020 – Conceptualization, Whitepaper Publication, Development and Marketing Initiatives Launch,
Seed- and Private Sale Q1 2021 – Smart Contract Security Audit, Public Offering,
Token Generation Event Q2 2021 – Test Network Deployment, Bug Bounty Program,
(Potential) Public Listing on Exchanges Q3 2021 – Main Network Launch,
Strategic Partnerships and Decentralized Applications Integrations
KYL Token Key Performance Indicators
The KYL Token Generation Event took place on March 5th, 2021. The total supply is capped at 1,000,000,000 KYL, with an initial circulating supply of 67,687,500 KYL.
For a comprehensive overview of our metrics, please refer to:
https://wiki.kylin.network/getting-started/kylin-network-token-economics