Altverse is ecstatic to announce its partnership with the Chainlink BUILD program. This will allow them to accelerate the overall development of the ecosystem and pave the way for the acceptance of decentralized identity solutions. All of this will be feasible thanks to the possibility of obtaining improved connectivity through Chainlink’s Oracle services and technical support. Additionally, there will be a motivational element to encourage the emergence of new cryptoeconomic security issues. The Chainlink community, service providers, and stakers will receive network fees and other benefits in exchange.
Through this collaboration, Altverse will get the advantage of the backing of the Chainlink ecosystem, along with further connectivity with dApps that require decentralized identity solutions and a more robust incentive alignment connecting the Altverse and Chainlink communities. All of this will allow Altverse to further the company’s popularity and gain acceptance for a clear and privacy-driven digital identity solution, duly boosted by Web3 technology.
The ultimate goal and intention of Altverse is to create a complete decentralized digital identity (DID) solution that allows users to have ownership of their areas of expertise, achievements, and credentials. All of this will be made feasible by a platform that enables various players to conduct business in a more hospitable setting.
The basic fundamentals of Altverse’s digital identity solution are that it is a profile that holds a user’s certifications and accomplishments. This is obtained with the help of the entity’s platform by answering queries related to matters of professional abilities, as well as various sorts of social media interactions and others. This helps build an enhanced decentralized identity. The user, in turn, receives a reward in the form of a soulbound NFT that acts as evidence of the set of skills mentioned.
Altverse is focusing on BUILD so that it can maximize the safety and dependability features offered by Chainlink’s Oracle framework. In addition, the entity will be able to integrate Chainlink’s automation for automating custom NFT exposure for users, as well as Chainlink VRF and connectivity with Chainlink’s product alpha and beta releases. In exchange, the entity will make 7% of its conventional token supply accessible to Chainlink’s service providers and staking participants.
Chainlink is the benchmark for the Web3 services platform. It has been instrumental in carrying out huge amounts in terms of transaction volume throughout DeFi, as well as insurance, gaming, NFTS, and many other enterprises. The entity provides the opportunity for developers to be able to create Web3 applications that have connectivity with real-time data and off-chain computation through every blockchain.
Altverse, on the other hand, is a Web3 framework that enables gaming businesses and protocols to interact with their users’ decentralized digital identities (DID) by requiring users to participate in customized jobs and create credentials. This makes it possible for Web3 initiatives to eliminate fake and bot accounts. The organization continues to grow after successfully establishing partnerships with gaming companies from Korea, Japan, and other nations.
