SELF Completes Pre-Sale Funding Round through GemPad, Launches Innovative NFT Plan

03/11/2023 05:57 • Blockchain Briefs • 113 views

It is reported that SELF, a Web3 identity technology start-up, has announced that it has completed a pre-sale round financing of about $400000 through the GemPad platform. The company is preparing to launch an innovative and practical NFT plan based on the Polygon blockchain, aiming to completely change the way individuals interact with cryptocurrencies. SELF-identities is an ERC721-compliant NFT that allows users to transfer their registered identity to other addresses under their control or sell them to third parties. It is reported that Certik has audited the contract address of the project in March, and SELF has also passed the KYC verification of Assure DeFi, adding an additional layer of trust and accountability. （cointrust）

Self, a Web3 identity technology start-up, completed a financing of about $400000

Analysis based on this information:

SELF, a start-up focused on Web3 identity technology, has completed a pre-sale round financing of around $400,000 through GemPad platform. This funding will help the company launch an innovative and practical NFT plan based on the Polygon blockchain, which aims to revolutionize the way individuals interact with cryptocurrencies. SELF identities are ERC721-compliant NFTs that permit users to transfer their registered identity to other addresses under their control or sell them to third parties.

The SELF identities NFT plan is unique and innovative, as it provides users with a secure way of registering their identity on the blockchain. With this new system, individuals will be able to create unique digital identities that can be used to validate their actions on the blockchain. This will eliminate the need for complex KYC processes and reduce the risk of identity theft.

Moreover, the use of NFTs enables users to have full control over their identity, as they can transfer and use it for multiple purposes. This opens up new opportunities for individuals to monetize their digital assets and have more control over their personal information.

In addition, SELF has taken measures to ensure trust and accountability within the project. The contract address of the plan was audited by Certik in March, and the company has also passed the KYC verification of Assure DeFi. This adds an extra layer of security and reliability to the project, further demonstrating its viability and potential for success.

Overall, SELF’s NFT plan is a significant step towards bringing Web3 identity technology to wider adoption. By providing a secure and practical way for individuals to register their identity on the blockchain, SELF is changing the way we interact with cryptocurrencies, and empowering users to have more control over their digital assets.

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SELF Completes Pre-Sale Funding Round through GemPad, Launches Innovative NFT Plan

Self, a Web3 identity technology start-up, completed a financing of about $400000

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