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Animoca plans to develop digital IDs and point system for Web3
Published: 2023-09-11
1. Animoca to Develop Web3 Digital IDs & Point System - Animoca Brands,a non-fungible token (NFT) gaming and digital collectibles company,has announced its plans to develop a Web3 digital identity (ID) system and a point system. - The Web3 ID system aims to provide users with a self-sovereign digital identity,allowing them to have control over their personal information online. - The point system will enable users to earn and redeem points across different applications and platforms within the Animoca ecosystem.
2. Self-Sovereign Digital Identity - The Web3 digital identity system proposed by Animoca will allow users to have complete ownership and control over their personal information online. - This system is built on blockchain technology,ensuring the security and immutability of the user's digital identity. - With a self-sovereign digital identity,users can authenticate themselves and access various services without relying on third-party providers or centralized authorities.
3. Point System for In-Platform Transactions - The planned point system by Animoca will function as a universal rewards mechanism within their ecosystem. - Users will be able to earn points through various activities,such as playing games,participating in community events,or completing specific tasks. - These points can be redeemed for in-platform purchases,such as digital items,additional features,or exclusive content.
4. Benefits of Web3 Digital ID and Point System - The Web3 digital ID system offers enhanced privacy and security for users compared to traditional identification methods. - Users no longer need to provide sensitive personal information repeatedly to different organizations,reducing the risk of data breaches or identity theft. - The universal point system provides a seamless and centralized rewards mechanism across multiple applications and platforms,creating a more engaging and incentivized user experience.
5. Future Implications and Adoption - Animoca's initiative to develop a Web3 digital ID system and point system aligns with the growing interest in decentralized and user-centric online experiences. - The implementation of self-sovereign digital identities and universal point systems can potentially revolutionize the way individuals interact and transact online. - As the adoption of blockchain technology continues to increase,more companies and organizations may explore similar solutions to enhance privacy,security,and user engagement in the digital world.
Reference: cointelegraph.com
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| 1 | ARS |
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61,125.42 | 1,653,751,987.02 |
| 3 | ETH |
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| 5 | PEPE |
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5.95 | 201,076,372.10 |
| 7 | RNDR |
10.55 | 172,952,933.60 |
| 8 | DOGE |
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| 9 | XRP |
0.51 | 161,584,792.54 |
| 10 | WIF |
2.82 | 157,622,775.69 |
| 11 | ENA |
0.86 | 129,582,875.63 |
| 12 | WLD |
5.38 | 115,384,980.47 |
| 13 | UMA |
3.90 | 99,467,770.30 |
| 14 | NEAR |
7.14 | 91,958,481.93 |
| 15 | BOME |
0.01 | 87,628,359.18 |
| 16 | ADA |
0.45 | 77,117,622.27 |
| 17 | AVAX |
33.94 | 68,300,491.02 |
| 18 | JTO |
3.52 | 63,419,892.27 |
| 19 | BONK |
<0.01 | 57,900,840.62 |
| 20 | TRX |
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| 21 | ETC |
27.00 | 52,254,730.51 |
| 22 | FLOKI |
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| 23 | BEL |
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| 24 | PEOPLE |
0.03 | 48,283,788.54 |
| 25 | SUI |
1.00 | 45,742,079.84 |
| 26 | ARKM |
2.46 | 42,848,921.22 |
| 27 | ETHFI |
3.66 | 40,582,751.06 |
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| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 | UMA |
3.90 | +50.72 |
| 2 |  XVG |
<0.01 | +20.94 |
| 3 |  KMD |
0.43 | +17.49 |
| 4 | PEOPLE |
0.03 | +13.65 |
| 5 |  MOVR |
14.75 | +11.26 |
| 6 | BEL |
0.87 | +10.24 |
| 7 |  HIGH |
4.39 | +8.13 |
| 8 |  RAD |
1.79 | +8.09 |
| 9 |  API3 |
2.50 | +7.98 |
| 10 |  AUCTION |
17.16 | +6.92 |
| 11 |  BAKE |
0.26 | +5.76 |
| 12 | RNDR |
10.55 | +5.60 |
| 13 |  GTC |
1.23 | +5.14 |
| 14 |  PERP |
1.08 | +4.57 |
| 15 |  ORN |
1.42 | +3.75 |
| 16 |  ARPA |
0.07 | +3.61 |
| 17 | RUNE |
5.95 | +3.48 |
| 18 |  ACE |
5.41 | +3.28 |
| 19 |  AGLD |
1.03 | +3.19 |
| 20 |  GLMR |
0.30 | +3.10 |
| 21 |  CELO |
0.82 | +2.96 |
| 22 | TRX |
0.13 | +2.90 |
| 23 |  BLZ |
0.38 | +2.87 |
| 24 |  BOND |
3.09 | +2.77 |
| 25 |  BADGER |
4.34 | +2.43 |
| 26 |  PORTAL |
0.78 | +2.17 |
| 27 |  ONE |
0.02 | +1.94 |
| 28 |  DASH |
29.37 | +1.87 |
| 29 |  FXS |
4.24 | +1.85 |
| 30 |  DODO |
0.18 | +1.76 |
The price of coins is falling rapidly.
(Update every 1 minute)
| at | from | is ($US) | reduce (%) |
|---|---|---|---|
| 1 |  IDEX |
0.06 | -12.56 |
| 2 |  ERN |
4.68 | -11.07 |
| 3 |  PSG |
4.02 | -9.71 |
| 4 | WLD |
5.38 | -8.48 |
| 5 | JTO |
3.52 | -7.97 |
| 6 |  DIA |
0.46 | -7.56 |
| 7 |  TRU |
0.11 | -6.97 |
| 8 |  VIC |
0.52 | -6.96 |
| 9 |  PENDLE |
4.55 | -6.90 |
| 10 |  XNO |
1.11 | -6.87 |
| 11 | ENA |
0.86 | -6.73 |
| 12 | SUI |
1.00 | -6.70 |
| 13 |  COS |
0.01 | -6.61 |
| 14 |  RSR |
<0.01 | -6.54 |
| 15 |  AEVO |
1.22 | -6.51 |
| 16 |  AXL |
1.09 | -6.38 |
| 17 |  DCR |
19.36 | -6.29 |
| 18 | W | 0.61 | -6.14 |
| 19 | ETC |
27.00 | -6.09 |
| 20 |  XAI |
0.65 | -5.79 |
| 21 |  LDO |
1.90 | -5.76 |
| 22 |  NULS |
0.64 | -5.56 |
| 23 |  LUNA |
0.61 | -5.33 |
| 24 |  STX |
2.02 | -5.09 |
| 25 |  IQ |
<0.01 | -5.03 |
| 26 |  WAN |
0.25 | -4.98 |
| 27 |  PYTH |
0.47 | -4.96 |
| 28 |  IOTX |
0.05 | -4.90 |
| 29 |  PHA |
0.19 | -4.88 |
| 30 |  RPL |
19.73 | -4.87 |
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