Created on 17th February 2023
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Overview of the problem:
Trust problems in decentralized societies. How would pre-existing members trust a newcomer for specific roles? Freelancers trusting each other? Digital nomads choosing the right community to live in?
Overview of the solution:
We envision a protocol, based on which anyone can mint any badge for anyone else. This would create an unprecedented kind of social graph. Imagine a network diagram where you are at the center and all your friends, co-workers, DAO members, communities, and institutions are connected to the center by various badges. These badges represent contributions, roles, credentials, or subjective evaluation.
Now, we help DAOs record roles and contributions and help members build non-defi reputations. The tokenized reputations form the basis of alternative decentralized governance apart from the “one-token one-vote” model, and also of the decentralized permission management system.
Furthermore, trust problems in decentralized societies do not only occur in DAOs. Hence, Our social network based on badges of recognition, credentials, and evaluation will form the basis of new generations of LinkedIn, Tinder, and also the kind of applications that help investors discover entrepreneurs.
Challenge: Onboarding users without wallets.
As we want to crystalize more off-chain relations and values onto the chain, it creates a hurdle that non-web3 communities do not use wallets in the first place. Nevertheless, it is imperative to onboard these non-web3 natives because they will truly build non-defi communities in large numbers.
Our solution:
We provide a mailbox login, an asynchronous on-chain solution. Users can send and receive badges without restraints. All the data will be mapped on chain whenever they decide to connect their wallet.