SpiderDAO partners with Kylin Network
Kylin Network is proud to announce our new strategic partnership with SpiderDAO, the world’s first hardware-integrative DAO built on Polkadot.
Kylin Network is thrilled to be able to supply standard oracle solutions to SpiderDAO in addition to using analytics solutions to monitor SpiderDAO sales and affiliation performance through our decentralized data infrastructure.
Dylan Dewdney, CEO of Kylin Network:
“SpiderDAO, like Kylin Network, is building something truly innovative and infrastructural for the Polkadot ecosystem, and we are only too pleased to be in partnership with them. The SpiderDAO team are managing to help solve a challenging governance problem through novel means: the problem of the Matthew Effect endemic to DAO governance and solving through a privacy-oriented VPN router hardware solution. It’s a very practical, yet brilliant solution to the problem.”
As both projects are natively building on Polkadot, they are exploring further possible synergies and mutually beneficial partnership outcomes, such as possible integrations for Kylin Network to leverage their novel governance solution as well as for SpiderDAO to further take advantage of Kylin Network’s decentralized data economy infrastructure.
Nathan Varty, CEO of SpiderDAO:
“The SpiderDAO Team are thrilled to be part of the Kylin Network journey on the Polkadot Ecosystem. We are excited to leverage the decentralized data structure aiding the secure analysis and growth of our sales and affiliation performance. We also look forward to the future growth of our partnership including the contribution to the wider Polkadot economy and future web 3.0 that this partnership represents.”
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
- Telegram: https://t.me/KylinOfficial
- Twitter: https://twitter.com/Kylin_Network
- Discord: https://discord.gg/PwYCssr
- Medium: https://medium.com/kylin-network
- Linkedin: https://www.linkedin.com/company/kylinnetwork
- Official website: https://kylin.network/
SpiderDAO is a next generation hardware-based DAO governance model that aims to bring a new standard of fairness to existing DAO frameworks. SpiderDAO introduces a distinctive governance infrastructure layer for the software plus hardware-based DAO approach, which can be applied in various use cases. SpiderDAO deploys a combination of software and hardware tools based on Polkadot governance protocol. The output is a whale resistant, democratic governance mechanism which distributes power and decision making amongst its consumers.