Chainwire, Palo Alto, California, March 1, 2024
OpenRank allows developers and Web3 companies to build consumer-facing apps that enable users to discover, use, finance, read, and buy anything on-chain without the risk of being spammed or scammed. Masu.
Karma3 Lab has raised $4.5 million in seed funding led by Galaxy and IDEO CoLab Ventures to build OpenRank, a decentralized reputation protocol. OpenRank enables developers and the Web3 protocol to empower consumer apps, communities, and marketplaces with an open ranking and recommendation layer that ensures security and peace of mind when making decisions on-chain.
Introducing trust and reputation mechanisms is crucial for Web3, as it was for Web2, with numerous use cases for decentralized peer-to-peer utilities. OpenRank addresses this need with a decentralized reputation mechanism that sets the stage for a future where peer-to-peer interactions and collective community intelligence drive a decentralized web of trust, eliminating centralized gatekeepers.
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About open rank
open rank It is a decentralized reputation protocol founded by Karma3 Labs. OpenRank introduces a decentralized reputation mechanism that lays the foundation for a future where peer-to-peer interactions and collective community intelligence strengthen decentralized webs of trust and make centralized gatekeepers obsolete. OpenRank allows you to build a more prestigious world.
contact
Karma3 Lab
hello@karma3labs.com
Source: the-blockchain.com
