NFT3 develops a unified decentralized identity (DID) and credit network for Web3 that uses NFTs as a portable identity layer and an NCredit identity graph for Web3 credit scoring. The platform’s first major use case is validated airdropping, enabling projects to airdrop only to real users by requiring an activated NFT3 DID. NFT3 positions its DID solution as a fix for bot-generated wallet address spoofing and to expose useful on-chain metadata for projects and platforms. The company aims to enable personal monetization paths tied to users’ data journeys across projects, social networks, companies and metaverses. CEO Dylan Dewdney, founder of Kylin Network, leads the effort and frames NFT3 as a gateway to mass adoption of Web3 products. The company recently closed a seed financing to support product rollout and expansion.

Total raised

$8M

Funding rounds

1

Latest round

Seed

Latest activity

Jan 2022