DragonBite Partners with Kylin Network

Kylin Network
3 min readJun 3, 2021

Kylin Network is extremely pleased to add yet another DeData ecosystem partner: DragonBite!

What does DragonBite do?

DragonBite is a digital wallet to safely store several kinds of digital assets, including Cryptocurrencies, In-game assets, Air mileages, Loyalty points, E-vouchers, E-coupons and Gift cards, in One application with One password. It is a fully integrated and decentralized financial services system, which is designed for digital assets management.

Users can deposit their digital assets into DragonBite wallet to manage their portfolio, to transfer assets to friends, to swap assets, to buy Bitcoin or other cryptocurrency and to pre-pay DragonBite Card for daily purchase in real life.

Essentially, you can turn your reward points into crypto!

What will we do together?

  1. Kylin Network and DragonBite will co-innovate on novel use case parameters above and beyond price-feeding — e.g. api calls to existing loyalty points markets to feed their innovative DEX.
  2. Kylin Network will supply various asset price feeds — e.g. the price of BTC, etc., to set price bases, value, and subsequent automations for the various loyalty point values across their platform.

Why are we excited?

Florence Ip, CFO of DragonBite:

“Kylin Network has built a solid network and currently partners with many projects including MantraDao, Bondly, Reef and Edgeware to quote a few. We are pleased to collaborate together and we are convinced our users will particularly appreciate having access to the real prices of the crypto currencies including but not limited to Ethereum and Bitcoin any time they login to convert their reward points.”

Dylan Dewdney, CEO of Kylin Network:

“DragonBite’s use case parallels our own — they seek to help operationalize and monetize an idle set of value contained within the enormous loyalty point and reward program markets, thus creating option, liquidity, and dynamism where there was none before. Super happy to be able to provide the functional/technological infrastructure for them to achieve this!”

About Kylin Network

Kylin Network aims to build a cross-chain platform powering the data economy on Polkadot. It will be the data infrastructure for the future DeFi and Web 3.0 powered by Polkadot. Kylin Network will provide valid, reliable, secure, cost-effective, and easily-coordinated data sources and data analytics.

Contact Kylin Network

About DragonBite

DragonBite is a truly open decentralized Asset Management platform for customers to store and swap all kinds of digital assets in One App with One password! Their vision is to disrupt the loyalty market with innovative business models and technology.

Contact DragonBite

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Kylin Network

Building a Cross-chain Platform Powering the Data Economy on Polkadot