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This submit is from the Kinto.XYZ weblog. We’re launching our neighborhood, and needed to share what we’re all about.
Kinto is a layer 2 blockchain designed particularly for finance. Kinto has a number of options and core product choices that make it completely different from another L2.

Be part of the Kinto neighborhood discord: https://discord.gg/vXeHbmRCF9
Kinto Docs: https://docs.kinto.xyz/kinto-the-safe-l2/

Origin

Kinto was born from the ashes attributable to the hacks, distress, failures, damaged guarantees, and outright scams that got here out of the 2019–2023 crypto markets. Web3 exploded in reputation, and folks flocked to those permissionless blockchains to take part in a brand new monetary system dubbed “DeFi”. DeFi stands for a lot, and may be a lot greater than it’s immediately — With Kinto.

We’re calling and welcoming everybody who needs to see a extra honest, open, and clear monetary system. This isn’t only a journey, however a hero’s name. We’re calling those that need to construct on high of a secure, resilient and mature L2. We’re calling for builders and establishments trying to concern belongings onchain which have distinctive compliance necessities like RWA protocols. On Kinto they’ll obtain composability, an improved consumer onboarding expertise, and entry to institutional capital. We’re additionally calling for customers which have been burned manner too many occasions from siren calls by scammers & hackers.

We’re on the lookout for those that believed in an open, trustless financial system however had been met with losses from exploits. We’re making ready particular surprises for you.

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Secure, Compliant, and Decentralized.

Kinto is the primary KYC’ed Layer 2 able to supporting each trendy monetary establishments and decentralized protocols

Retail:

We give retail the advantages of crypto (non-custodial, transparency, decentralization) with a well-recognized UI/UX. Secure from DeFi scams and hacks.

Builders:

We give builders contract secured income, and the constructing blocks to construct safer and compliant (KYC/AML) Dapps.

Establishments:

We give institutional traders the instruments and safety they want to have the ability to take part in DeFi whereas assembly their counterparty necessities.

The core focus of Kinto is to deliver new, thrilling belongings onchain in a composable, and compliant manner. We predict {that a} permissionless KYC blockchain not solely permits new establishments to take part in DeFi, but additionally offers retail a extra even enjoying discipline in an in any other case strict PvP market. A pure evolution is happening, and Kinto is main the best way.