SelfKey (Official)

The users need to transfer a photograph to the POI system and upon performing automated checks via machine learning algorithms, the system issues a temporary Credential which is finalized when the Identity Owner stakes $KEY as collateral. ✅🙋‍♂️🔐

Users are displayed with information backing a Credential and users may swipe left or swipe right to vote for or against a validity. In this way, users are compensated with good faith participation. 🧑‍💻🔐

Cryptographically-backed Credentials guarantee to be more trustworthy since they use an electronic signature schema that a third party cannot deny the authenticity. Thus making the Credentials in the POI system highly secure. 🙋‍♂️🔐

The LOCK token is forthcoming and is proposed to be a new type of utility token called “work tokens” To earn LOCK tokens, participants need to do work on the POI system, which would offer assistance in strengthening the network by validating other’s Credentials. 🧑‍💻🔐

✅Living Avatar NFTs can demonstrate the Identity of the user in such a way that the avatar directly resembles the owner. ✅There is additional information that can be derived from the avatar such as residency and passport of the user.

A participant of the POI Platform is required to stake $KEY tokens to obtain a POI Credential. $KEY remains the primary token of the SelfKey ecosystem, with LOCK imbuing certain governance rights for performing work to secure the POI Platform. ✅🙋‍♂️

A strategy by which a client can connect to a decentralized app as it were one time by demonstrating their singularity, and those who endeavor to connect numerous times can be identified and halted, is a concept referred to "Proof of Individuality" 👩‍💻🙋‍♂️

A Sybil attack is when the attacker subverts the notoriety framework for an arranged benefit by creating a large number of pseudonymous identities and employing them to pick up an excessively expansive impact on the network. 🧑‍💻

$KEY tokens are used as collateral to stake against the Credentials by the Identity owners. If any Credential is found to be invalid, the $KEY tokens serving as collateral is forfeited, incentivizing the good actors! 🔐🧑‍💻

SelfKey’s POI system relies on an incentive-based structure, where the community with shared goals has an individual impulse to ensure the validity of the Credentials. 👨‍💻🔐

Living Avatar NFTs are custom-minted NFTs that network participants can use on the POI Platform. Along with being unique visual representations, Living Avatar NFTs also prove certain attributes about a user’s identity. ✅🔥 📌 Click on the link below to read the recent blog on "Living avatar NFTs" and learn more about identity verification with NFTs https://selfkey.org/living-avatar-nfts-the-identity-layer-for-the-metaverse/

Current governance systems are vulnerable and offer unfair advantage to participants holding more shares of tokens. This grants more power to users with wealth which is a direct contradiction of the principles of decentralization. SelfKey implements POI consensus that enables new governance ideas, such as quadratic voting, in a decentralized manner. 🔥💥 ✅ Click on the link below to read the most recently released POI whitepaper and help build a strong foundation for more evolved governance and voting mechanisms https://docsend.com/view/62bg3ygxbqdc873s

📢 ANNOUNCEMENT 📢 📌 SelfKey is one of the first few projects to be onboarded for "Gravity" by CoinMarketCap ✅ Users can directly follow updates about the project in the CMC page. ✅ Users can use the discussion panel on the SelfKey CMC page to discuss the project. Click on the link below to visit the SelfKey CMC page to keep updated about the project, and take part in the discussion. https://coinmarketcap.com/currencies/selfkey/

SelfKey is excited to announce that one of the most diverse cryptocurrency exchanges, Bitrue, has listed the KEY token. The listing on the Bitrue exchange could offer yet another way for the SelfKey community to trade the KEY token, as SelfKey keeps on evolving according to the needs of the community. Find out more here: https://selfkey.org/key-token-gets-listed-on-bitrue/ #SelfKey $BTC $ETH $KEY

Your KEY to identity in the Metaverse! 🚀🔑 The launch of SelfKey 2.0 commences with a simple design update to the SelfKey website, which underlines the new mission statement of "KEY to the Metaverse." 💥💥💥 However, this is a huge step as SelfKey 2.0 may help position SelfKey as a prominent project that strengthens and/or provides the identity layer for the Metaverse. 🔥 The existing and functioning components of the SelfKey ecosystem like the KEY token, SelfKey Wallet, and the SelfKey Marketplace, along with the latest proposals in the POI whitepaper (POI Platform, Living Avatar NFTs) together may help expand SelfKey to provide secure digital identity for Web3 and Metaverse users. 🎉 Find out more: https://selfkey.org/selfkey-2-0-your-key-to-identity-in-the-metaverse SelfKey community has always been the crucial driving force in the evolution of the project. The community can suggest and vote on ideas that could further enhance SelfKey, using the SelfKey ideas portal - idea.selfkey.org. ❤️

Introducing the SelfKey POI Paper https://docsend.com/view/62bg3ygxbqdc873s The SelfKey POI Paper proposes the introduction of the POI Platform - a unique decentralized identity verification platform, LOCK DAO, LOCK - a new work/governance token that governs the POI Platform, and introduces new utilities for the KEY token. The POI Platform Proposed to exist as an independent platform but within the SelfKey ecosystem. The POI Platform may utilize the POI Credentials based on the SelfKey Credentials explained in the original SelfKey Whitepaper, which helps users to prove their individuality. The POI Platform would be governed by LOCK DAO. LOCK DAO - A unique DAO formed by LOCK token holders with POI Credentials. Utilities for the KEY token - The proposal introduces numerous interesting utilities for the KEY token, including a new staking mechanism for KEY against user identities. LOCK Token - A new kind of utility token called "work tokens" earned as incentives by participants for their work on the network to make it more secure and robust. Read all this in detail and more on the SelfKey POI Paper - https://docsend.com/view/62bg3ygxbqdc873s For SelfKey, community efforts and feedback have always been critical. Constructive feedback on the proposals and ideas explained in the SelfKey POI paper are most welcome. Use SelfKey social media channels, Idea portal (idea.selfkey.org) or the official support email (support@selfkey.org) to send in your feedback.

The SelfKey Identity Wallet was recently added on the Yada Wallets platform, allowing interested users to search and find the SelfKey Wallet. Yada Wallets is a search engine platform dedicated to cryptocurrency Wallets, with a focus on the adoption of Bitcoin and digital tokens throughout the world. Find out more information here: https://selfkey.org/selfkey-wallet-now-featured-on-yada-wallets/ #SelfKey #Yada $BTC $ETH $KEY

We’re excited to announce that SelfKey will join hands with the upcoming social media platform Blockster. Blockster is an innovative social media platform exclusively dedicated to cryptocurrencies and blockchain. With the partnership, a business page for SelfKey will be created on Blockster. From here on, the SelfKey Blockster page will be used to publish regular updates and news regarding SelfKey, along with other SelfKey social media channels. Find out more here. https://selfkey.org/selfkey-join-hands-with-blockster/ #SelfKey #Blockster $KEY

We’re thrilled to announce that the native token for SelfKey, $KEY token is now listed on crypto broker platform 7b. The partnership involves listing the native token of the SelfKey ecosystem, $KEY, on the 7b platform, allowing users to trade $KEY token using the app. 7b is a crypto trading broker application that allows users to trade easily and safely. It works with the most popular cryptocurrencies, including $KEY, and offers clear trading estimates, and provides full disclosure of any transaction fees involved. Find out more here. https://selfkey.org/selfkey-gets-listed-on-7b/ #SelfKey #7b $KEY

We’re delighted to announce that SelfKey will be partnering with the upcoming messaging service platform CrypTalk. CrypTalk is a messaging service designed to bring together verified projects and potential investors by creating a safe and secure crypto space. Crypto projects undergo thorough verifications and a number of security measures before being verified by CrypTalk. Find out more here: https://selfkey.org/selfkey-partners-with-cryptalk/ #SelfKey #Cryptalk $KEY