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Home Press Release

KaratDAO x KuCoin: A Lesson in Collaboration | NewsBTC

December 26, 2022
in Press Release
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KaratDAO x KuCoin: A Lesson in Collaboration | NewsBTC
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KaratDAO unveiled the successful integration of KCC into its platform, which unlocks the door for KCC ecosystem projects to craft NFT and token campaigns based on users’ on-chain actions. This integration is a shining illustration of the importance of forming impactful and enduring partnerships, particularly in challenging market conditions.

From the initial go-to-market stages of KaratDAO’s launchpad, which KaratDAO and KCC jointly celebrated with the Elysium event at Consensus, the collaboration between the two companies has been marked by excellent teamwork and outstanding results. The success of the aforementioned launch signified a key moment in KaratDAO’s history as over 100,000 users immediately signed up to use the platform. KaratDAO’s platform has continued to flourish in the months since Consensus and has now attracted the participation of over 20,000 qualified users while more than 300,000 unique users have registered for KaratID, a tool that allows projects to connect with users and offer rewards and access to the top product offerings on the market.

KaratDAO recently expanded its product suite with the release of KaratForm. KaratForm, allows projects to merge Web2 and Web3 credentials of their users to provide additional incentive options and in-depth analytics. Since the launch of KaratForm in November, more than 25 projects have begun utilizing it to aggregate and analyze the on-chain behaviors of over 10,000 users. Next up for KaratDAO is the development of its groundbreaking decentralized identity network. Using blockchain and zero-knowledge technologies, Karat Network empowers users to take control over their digital identity by allowing them to upload any data, including Web2 IDs, to their wallet addresses in a privacy-preserving fashion. The Karat Network also enables users to enjoy the benefits of data ownership through a revolutionary ID-farming mechanism.

Partnerships, like the one further solidified today, provide KaratDAO with access to new resources, expertise, and technologies that improve the quality and capabilities of their products and services. Deepening collaborations with industry leaders like KCC enables KaratDAO to leverage their knowledge and experience to deliver better solutions to their partners and create a more dynamic and vibrant ecosystem for projects and end users alike.

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