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Noox Raises $2M to Build On-Chain Reputation with Soulbound NFTs
3. On-Chain Reputation & Identity
Maria Shen • Five New Frontiers for NFTs
People will earn non-transferrable NFTs like “badges” based on actions they’ve taken. The NFTs that people own will be a unique fingerprint that identifies them based on their past activities. This reputation history will be used as an on-chain identity to unlock new opportunities.
Maria Shen • Five New Frontiers for NFTs
Other companies are exploring how NFTs could be used in establishing and recording people’s identity and reputation online. MIT recently started offering blockchain-based digital diplomas, which are effectively non-transferable NFTs. Meanwhile, both established players like Facebook (now Meta) and new ventures like POAP and koodos are providing... See more