P2P Social Endorsement Protocol with privacy-preserving to facilitate trust and credibility building in web3
Background: Leveraging a trustworthy reputation/credit score system while protecting user privacy is a challenge for web3. We aim to tackle this unsolved problem by introducing a P2P verified social endorsement protocol to allow people to build social credits on web3 incrementally. We believe that social endorsement is key to building a trust and thriving community in Web3. And it's a natural and familiar mechanism to help more users onboard to Web3 through the social network effect.
Method: By leveraging proof of humanity and zero-knowledge-enabled protocols like WorldCoin and Polygon ID, we can bring authenticity and privacy together. By collating and mining the on-chain activities of users with Lens, Dune Analytics, and Covalent, we can provide a better picture of their interests, experiences, and community engagement. By minting a SoulBound NFT once the endorsement is agreed upon, it shows the benefits of the blockchain technology which are the proof of authenticity, ownership, and traceability, which it can further serve as a reward mechanism for community building through a positive feedback loop.
Structured API: We visualize the different layers of social endorsement relationships by using the Graph, our own API allows others to further develop on top of our protocol.