Telos Announces Strategic Investment with Kyte One
Telos is thrilled to announced its strategic partnership with Kyte One
Blockchain is growing at a very rapid pace today. With new innovative projects coming out almost every other day, it’s become a race where only the quick survive. But sometimes, being quick to market is not always the answer and not consistently effective; many things get lost, chaos brews over, and strategies get demerited.
What is AirLyft?
AirLyft is a platform that aims to provide a one-stop solution for all the growth hacking needs of a crypto start-up where each organization can create an event and let the platform take care of the rest of the work for them. It is a platform where start-ups can organize and run customized events, distribute rewards on-chain & boost their project instantaneously. When an event is completed, our apps will help you get dynamic engagement from your community (totally BOT FREE) & reward them in KTE or your native tokens. Be it Airdrops, Giveaways, Quizzes, Competitions — AirLyft provides a seamless experience.
Who is AirLyft for?
AirLyft is not just suitable for new blockchain projects but existing blockchain projects too. Therefore, this platform is best suited for our community members, start-ups, current projects, KOLs, VCs, Launchpads, and Investors.
Users can participate in activities, learn about the participating organizations & win free tokens/NFTs through the growth tool as rewards.
Problems being solved by AirLyft
In the current blockchain world, there is no single tool to build, engage & scale communities geared towards Web3.0. Bots raid events like airdrops, an unfair distribution that ultimately removes all participants’ interest in these giveaways. After thorough market research, Kyte understood that there is no single solution to easily organize campaigns where start-ups can ask users to perform specific actions on their smart contracts, reward users for these actions, and make the marketing engagement more seamless and dynamic.
This is the problem Kyte are trying to solve where Kyte is building a suite of DeFi Products with its flagship product, AirLyft, that aims to provide a one-stop solution for all the growth hacking needs for crypto startups where each organization can create an event and let AirLyft do the maximum for them.
“Telos, just like Kyte, is reimagining what’s possible. We want to walk together with the awesome team at Telos EVM in supporting their end goal of revolutionizing the DeFi landscape and bringing success together.” — Chandra Bhushan Singh COO & Co-founder
“We are extremely excited to be partnering with Kyte.One. The team has worked tirelessly to bring an incredible social tool in AirLyft to the Web3 ecosystem. AirLyft’s one-stop shop for social growth tools makes it easier for Web3 businesses to run successful campaigns. We look forward to utilizing the tool and having the solution Built on Telos.” — AJ Dinger, Head of Business Development at Telos
ABOUT AirLyft
AirLyft, the flagship Kyte- one platform, is a platform that allows startups to create different community-focused events and let users do specific tasks for rewards such as giveaways of tokens, coupons, or NFTs!
ABOUT Telos
Telos Blockchain (Tlos) is a 3rd generation smart contract platform that offers compatibility with Solidity, Vyper, and Native C++ smart contracts, providing full EVM/Solidity support as well as a fee-less native smart contract layer upon which the EVM is built. Telos’ performance is unrivaled in the industry and was purpose-built to offer speed, scalability, cost-effectiveness, decentralization, and end-user fairness. The network can sustainably support hundreds of millions of transactions per day, produces blocks in 0.5-second intervals on a first-in-first-out basis (eliminating frontrunning on the network), offers a fee-less native, and low per transaction cost EVM (<$0.10), and a fully decentralized block producer network.
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