Wings will use 2key Network and 2key Protocol

H. S.
2key
Published in
3 min readSep 4, 2019

2key Network is designed to democratize the wealth generated by the internet. We are proud to announce a strategic partnership with WINGS, a project that shares our vision.

2key Network and WINGS have different approaches to democratizing wealth and thus this partnership will open up new frontiers for both projects.

A Growing Ecosystem

Blockchain technology can enable incredible decentralized finance tools. However, due to the nascent stage of the industry, there isn’t an easy means to streamline the delivery of DeFi ideas. Instead, each potential product has to involve heavy development skills; this limits the materialization of potential high-impact ideas simply because the minds behind them lack the coding skills to deliver the idea.

WINGS is working to deliver a protocol that can make an early-stage realization of DeFi ideas a reality, even for those who lack coding skills. Wings aims to make the testing of early-stage DeFi products a rapidly deliverable concept. This is similar to products like Shopify that enable early e-commerce ideas to be tested with an easy to set-up online shop; ideas that succeed are then able to Segway into independent e-commerce brands. WINGS aims to offer a similar launchpad to DeFi tools, and the ones that prove to attract interest can enhance the product with low risk due to proven product demand.

WINGS is partnering with 2key Network to use both Smart Links and the 2key Protocol.

As DeFi products need users to be a part of the decentralized web, projects launched on WINGS will utilize Smart Links to ensure any interested users diverted to them come with the tools needed to operate a DeFi tool. This is made possible by the innate abilities of a Smart Link; anyone who clicks on a Smart Link has his/her browser turned into a node with a non-custodial wallet. Moreover, 2key will ensure that the projects on WINGS have provably accurate demand data. Conversions drawn by Smart Links are immutable records on the blockchain.

While Smart Links will enable DeFi products to gain exposure and offer their users an easy onramp into the decentralized web, 2key Protocol will ensure these projects can acquire a decentralized growth in exposure without creating throughput bottlenecks for the underling blockchain.

2key Protocol is a layer-two scalability solution and will thus ensure any number of DeFi products launched on WINGS can reach exposure without concern of scalability limitations. Thus, WINGS is one of the earliest users of both 2key Network and 2key Protocol, and the benefits of 2key’s ecosystem will be made available to every DeFi project launched through the WINGS Protocol. This strategic partnership can pave the growth of decentralized finance.

Click on a Smart Link. Join the decentralized web.

We invite you to have a firsthand experience of our breakthrough solution — Smart Links — on our testnet (https://test.2key.io/); you can be the pioneering drive in the first feasible solution in the scramble to decentralize the web.

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