🎯 Description
NFT3 believes DID technology is of great potential, provided that it is integrated into specific
products and put in the best application scenarios. It can’t achieve notable development unless a
significant number of users embrace the technology.
NFT3 hopes that ultimately we will provide a better context for delivering agency, privacy, and
equity back to individuals as they occupy virtual spaces. In the first step, we are attacking the
basic problem of solving virtual identity.
In simple terms, NFT3 will allow users to create a unified identity that they can then associate
with any Web 3.0 application. The validation of Identity NFTs, which we have come to call NFT3s,
is undertaken within the token itself: each person will need to stake a certain amount of the NFT3
token $ISME in order to have an active, validated NFT3 DID. This individual staked amount can
be slashed in part or in whole by an arbitration mechanism, and so any malicious attempt to create
fake NFT3s (as with bots, etc.) will become costly.
Similar to Clubhouse, NFT3 is invite-only, and any downstream invitees that are slashed will
result in upstream slashing; on the other side, as validated downstream invitees grow, upstream
members will receive staking buffers. Invite networks can also be used to validate identities in the
case of lost or forgotten private keys, for example.
📅 Launch Time (UTC)
20th August
🛠 Network
Polkadot
🧩 Sector
NFT, Metaverse
‼️ Sale Details
- Exchange: TBA
- Token price: TBA
- Token type: TBA
🔗 Social Links
Website | Twitter | Telegram | Medium | Github
