Following its recent rebranding and placing a high value on offering DID-centered services to the Web3 community, Web3 decentralized identifier HashKey DID today officially introduces you the new functions: Credentials and Space.
Now, let’s take a quick glance at HashKey DID Credential and Space!
About Credential
Credential, a new function rolled out by HashKey DID, consists of two sub-functions: On-chain Soul Token (OST) and NFTs.
Note: Previously, the word “soul” was not frequently associated with the technically-featured NFTs, blockchain, or things alike. However, soulbound token (SBT) is becoming an invincible trend in the era of Web3. Why? It reshapes the way we relate to others, redefines how we build a loyal, united and resourceful community, gives us a new perspective to manage reputation, and tokenizes the distinctive features and achievements that make up who we’re.
On-chain Soul Token (OST), in essence, is such a non-transferrable SBT and more.
Credential is fundamentally a Credential infrastructure of Web3. It’s open, flexible, easy-to-use, and with great development potential for developers. It records the unique on-chain footprints of individuals, “freezes” your on-chain highlights and records your active on-chain engagements and achievements.
- For individuals:
You can collect Credentials at HashKey DID from various Web3 projects.
In the era of Web3, numerous projects spring up like mushrooms and bring infinite opportunities for exploring the possibilities of such a thriving era.
You grow up with and contribute to the community of a project by getting engaged in their campaigns, etc.. The project issues Credentials at HashKey DID and gives you the eligibility to relevant Credentials as an appreciation and incentive to your powerful endorsement.
With the credentials collected, you are able to customize your Space, prove that you share the same hobby or preference with friends alike, and find the organizations of the like-minded and further build DAOs. More importantly, as the Credentials issued by the project are value-empowered, you’ll be able to convert the rights of Credentials into any rewards, including DAO governance tokens, early adopter rewards (It’s up to the project, of course).
The more projects you participate in, the more Credentials you collect, the more rights you’ll get in Web3.
- For DApps:
In the thriving era of Web3 and DAOs, HashKey DID enables you to serve your Web3 users in Web3 way.
A project can use Credential issued at HashKey DID:
- as an ecosystem incentives to reward active and outstanding community contributors and enhance user loyalty;
- recording users’ on-chain achievements and actions; precisely locating the audience you want to target;
- relating Credential to rating users’ credit score.
For example, a project launches a series of campaigns in the course of its development, and rewards eligible users with Credentials according to the significance of the campaign and order of priority.
Credentials, in return, will motivate users to further engage in the community management and contribute in their own manner.
Later on, when the project decides to allocate early adopter rewards, DAO governance token, etc., users’ Credentials will play the role as an on-chain proof.
About Space
Along with the launching of Credential, HashKey DID also rolls out Space. The Space is both your personal space in Web3, and a place to showcase your SOTs, tokens, NFTs, on-chain reputation, etc..
In Space, your tokens, NFTs (no matter published on which blockchain), NFT rarity, assessment and authenticity verification, the Credentials you collected will be displayed in detail.
In Space, you can make friends by following others or being followed.
You can also enlarge your friend circle by sharing your customized Space to Twitter, Facebook and so on.
Look forward to seeing your Web3 Space on Social Media!
HashKey DID Social Media: linktr.ee/hashkeydid
About HashKey DID
HashKey DID is a multi-chain, decentralized, storage-featured identity data aggregator and Web 3.0 identifier that is underpinned by NFT- and smart contract-based privacy-preserving technology. As an important Web3 infrastructure of the HashKey ecosystem, the fundamental goal of HashKey DID is to build a community-governed HashKey DID DAO together with users.
About HashKey Group
HashKey Group is an end-to-end digital asset financial services group in Asia. The Group provides a complete ecosystem across the entire digital asset landscape, ranging from venture investment, to custody, to technologies and trading. HashKey’s senior team has extensive experience and expertise in investment, governance and technology gained from tier-one banks, regulators and Fintech ventures. By bringing together the most advanced blockchain research, development and technologies, HashKey identifies potential opportunities and delivers end-to-end solutions that operate within regulatory frameworks with the highest compliance standards. The Group has operations in Hong Kong, Singapore and Japan, and extensive partnerships with FinTech and blockchain solutions providers, academic institutions and associations.