The KILT Foundation is Here

We are delighted to announce that the KILT Foundation has been established. This is a new entity dedicated to supporting KILT’s growth, representing the DAO, and building strategic partnerships.

BOTLabs’, the initial developer of the KILT Protocol, single purpose was to build the KILT Protocol and then take care of the decentralisation process. As the KILT community has now established the KILT Foundation, this goal has been reached.

The KILT core developers and design team has transitioned to galaniprojects, KILT’s first and most recognised integrator. They will maintain the KILT blockchain and work closely with the KILT Foundation to develop new features on community request. The team size has not been reduced.

The administrative employees, Elisa, Matthias, and Ingo, become independent KILT agents and continue their work for PoKe — Polkadot’s Key Account BD Unit under the umbrella of BOTLabs. Ingo remains the sole founder of KILT Protocol and will devote significant time and resources to continue his presence for KILT and its community.

Gustav stays in the Polkadot ecosystem, transitioning into the legal department of Parity Technologies, a company that develops much of the open-source tech that drives Polkadot.

The Foundation, led by Rish and Svet, will cater to the community’s needs and the well-being of the KILT network and developed software. They maintain the vision and necessary financial resources to lead KILT into a bright future.

The handover process is now underway! Stay updated by following @KILTProtocol on X (Twitter).