Orexn, a launch space for early Web3 startups, today announced a strategic partnership with KaratDAO, a decentralized data network that gives users control over their Web2 and Web3 data through applications of zkSync and MPC technologies. With this collaboration, Orexn and KaratDAO integrated their respective networks (decentralized crypto launch space and identity management infrastructure) to redefine how Orexn users interact with Web3 assets and applications, and at the same time broaden scalability, reach, and utility within the two digital platforms.
Orexn is a decentralized cryptocurrency launch space that gives customers early access to upcoming token launches, potential crypto projects, launchpools, and quests before they go public. It is a wide Web3 ecosystem that enables people to discover and engage with new projects and earn crypto opportunities through participating in various activities, including yield farming, gamified quests, and several others.
Orexn Advancing Security and Privacy Using KaratDAO’s zkSync
By incorporating KaratDAO’s zkSync and MPC technologies into its launch space, Orexn aims to advance the functionality and effectiveness of its launchpad platform.
Founded in 2022, KaratDAO is a decentralized data identity network that runs a bilateral service data marketplace, which enables people to manage and control their personal data across Web2 and Web3 environments while allowing them to earn rewards. The network aims to improve digital ownership and support the advancement of DApps (decentralized applications) using its tech devices. With its MPC (multi-party computation) and ZKP (zero-knowledge proofs) technologies, Karat empowers users with privacy and security in data exchange.
By integrating KaratDAO’s decentralized data infrastructure (powered by MPC and ZK technologies) into its launchpad, Orexn introduces products that not just enhance user experience in its launchpad but also give its customers advanced rewards. The integration of Karat’s networks and its MPC and ZK technologies means that Orexn users can now safely manage their data across Web2 and Web3 ecosystems and even trade their data securely and permissionlessly. Also, powered by KaratDAO’s security and privacy technologies, the collaboration implies that Orexn users can now store and move their assets across multiple chains securely while preserving their confidentiality.
Enhancing Liquidity Across Web3 Networks
The alliance between Orexn and KaratDAO is more than a tech upgrade for Orexn. It is part of a significant advancement in the Web3 space as the two platforms created a new, functioning, interoperable, and secure ecosystem within their networks. This means that KaratDAO users can now access Web3 products on Orexn’s crypto launchpad platform.
The tech combination revolutionizes the boundaries of Web3 by creating new opportunities for users, improving their engagement in the digital landscape, and connecting them with the traditional Web2 environment and the advanced Web3’s decentralized world. With the partnership, both KaratDAO and Orexn show their commitment to widening their market accessibility within Web3 using their respective tech capabilities.
