PolkaRare partners with Kylin Network to integrate Oracles and wrap identities into NFTs

PolkaRARE
2 min readMay 5, 2021

PolkaRare is excited to announce its collaboration with Kylin Network, an advanced decentralized data feeding protocol powered by Polkadot/Substrate. It offers multiple, real-time data sources with complementarity and synergy to off-chain workers.

PolkaRare is a web3 economy that allows any user or a brand to create, trade, and discover NFTs.

The collaboration will be mutually beneficial to both projects as PolkaRare integrates oracles from Kylin Network for provably fair minting & exchange rates in its NFT platform. PolkaRare will also wrap identities with NFTs, allowing Kylin Network to monetize people’s uploaded info.

NFTs and Decentralized Oracles

Kylin Network offers any applications and blockchains (such as parachains and parathreads) instantaneous but reliable and valid on/off-chain market data and social data sources by leveraging the power of Polkadot/Substrate Framework on open networks.

PolkaRare is an economy for unique and scarce digital assets. It allows any user or a brand to create, trade, and discover NFTs. By leveraging NFT’s provable scarcity, transferability, and unique product offerings, PolkaRare aims to unlock the maximum potential of NFTs.

With Kylin Network’s oracles and price feeds, PolkaRare will be assured of provably fair minting & exchange rates for its NFT platform.

Additionally, PolkaRare will wrap identities with NFTs, while Kylin Network monetizes info and sends them through various Off-chain and on chain data operationalization and monetization journeys.

PolkaRare will also have a data feed on PRARE pNFTS (people NFTs).

About Kylin Network

Kylin Network will provide a decentralized data infrastructure solution, called #DeData for Web 3.0 leveraging Polkadot and Polkadot Substrate 2.0 Off-Chain Workers including Kylin Data Oracle, Kylin Data Analytics, and the Kylin Data Marketplace.

Kylin Data Oracle is an advanced decentralized data feeding protocol powered by Polkadot offering multiple cost-efficient real-time data sources.

· Visit their Website

· Visit their Twitter

About PolkaRare

PolkaRare is a web3 economy that allows any user or a brand to create, trade, and discover NFTs. PolkaRare provides a suite of tools to unlock the full potential of NFTs through commerce and trading markets.

Follow PolkaRare through official channels

Twitter : https://twitter.com/PolkaRare

Telegram : https://t.me/PolkaRARE

Medium : https://polkarare.medium.com/

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PolkaRARE

A web3 economy for unique and scarce digital assets Powered by Polkadot, Polygon, Ethereum and Binance Smart Chain.