Konomi Network Forms Strategic Union with DoraFactory
Konomi announced a formal partnership with Substrate-based startup Dora Factory to promote the mass adoption of NFT technology! As partners, Konomi and Dora Factory will pick up and continue to innovate and collaborate with developers around the globe. This is to enhance the Defi and DAO fraction further, and since both projects involve building on cross-chain Substrates, this was undoubtedly an ideal partnership. Konomi and Dora will also work intimately to co-fund developments for the Defi community on both Polkadot and Kusama networks.
Here’s how the two parties will work together in the long run:
- Konomi will join DoraHacks Global Hackathon Series 2021 as an official GHS sponsor.
- Konomi will actively engage in DoraHacks and Hackerlink global grant programs and hacker community events
- Konomi will utilize toolkits offered by Dora Factory network for Konomi community’s governance
- Konomi and Dora Factory will co-fund research on Defi protocol related community on-chain governance schemes and product development
About DoraFactory
DoraFactory receives support from one of the largest and most active blockchain developer communities, DoraHacks. The company recently announced the DoraHacks Global Hackathon Series 2021, hosting hackathons in 15 blockchain developer-centric cities, including Austin, Berlin, Denver, Waterloo, San Francisco, New York, and Bengaluru.
About Konomi
Konomi is a cross-chain decentralized money market protocol supporting assets across multiple blockchains. Built using Polkadot’s Substrate, Konomi is positioning itself to become the Polkadot ecosystem’s preeminent money market protocol. By drastically improving base layer functionality and offering easy interoperability with existing defi projects and tokens, Konomi will act as a cryptocurrency highway that allows for fluid movement between decentralized assets, regardless of which chain they originate on.
