Itheum X Elrond Apes: Welcome to Proof of Community Reputation
We’re thrilled to announce our partnership with Elrond Apes, which will join our growing network of partners in the Web 3.0 universe. They will aim to adopt our exclusive passport technology (powered by the NFMe ID Data Avatar), which empowers users to own and trade their data. They will also be using our innovative discord adaptors to understand their community’s overall engagement and participation. “Welcome to Proof of Community Reputation.”
Partnership details
Elrond Apes will be the first NFT project to be onboarded to empower data ownership through NFTs. Thus, NFT holders, community members, gamers, and so on will earn from leveraging their personal data. Our passport technology will provide exceptional new value to NFT projects like Elrond Apes as they look to unlock valuable insights into their community’s overall engagement and participation which was previously inaccessible.
In the first phase, Elrond Apes will be integrating Itheum’s Discord exclusive “Social MVP Adaptor” into their server, which will serve one essential purpose:
- To capture data and track the Social performance of Elrond Apes NFT Holders within their Discord Server, also known as “Social Score.”
Therefore, these off-chain data sets will be able to demonstrate their community engagement, sentiment, productivity, and more. This measurement of community involvement is becoming progressively crucial for projects like Elrond Apes, with their community growing exponentially, again highlighting the importance of community for the success and longevity of projects in the space. They’ll gain access to these powerful insights by integrating Itheum’s decentralized data brokerage technology and, consequently, utilizing the idea of “Proof of Community Reputation” to better their community performance on a global scale.
Following this, Elrond Apes will use their findings to reward their top-performing community members with the chance to be among the first users to have a Gamer Passport. Therefore, once the Elrond Apes become playable, users will be able to earn additional rewards for trading their game-play data.
Once our Passport technology has been implemented, members of their community can mint and claim an NFMe ID Avatar (a soulbound NFT linked to their identity) which will exist in their cryptocurrency wallets.
Gamers of the Elrond Apes Community will also be able to claim and own their on-chain and off-chain player data as they move between guilds and the broader Web3 gaming ecosystem, carrying their Gamer Passport with them, doubling as a Gamer CV.
This integration will also allow insights into players’ gaming performance and earnings across different timescales, such as daily, weekly, and monthly. The data retrieved from Gamer Passports will live within a linked Data Coalition DAO and be bulk tradeable with pre-approved parties.
In addition to the Social Adaptor, as the Elrond Apes start to progress into gamefi and become playable within p2e games, the Gamer Passport and Discord adaptor will be integrated too.
About Elrond Apes
Elrond Apes is a collection of 10.000 unique and randomly generated 3D Apes. The collection aims to create a club of enthusiastic NFT collectors who want to take part in the adventure of building the largest NFT community on Elrond. Once the minting phase is over, the apes will be available in the marketplace, and many use cases for the Apes are to follow.
Elrond Apes also released that their NFTs will be featured across single-player and multiplayer modes of the Cantina Royale platform. The Elrond Apes will be playable characters in the game. Therefore, the potential gamers within the Elrond Ape community will have the chance to mint their own NFMe ID and adopt our gamer passport to leverage their gaming data and benefit further.
About Itheum
Itheum empowers data ownership in the Web3 and Metaverse ecosystems and creates new market value for your data. It enables this by providing “decentralized data brokerage” technology. It’s a suite of tools that enable high-value data to be bridged from web2 to web3 and traded via peer-to-peer sales. It allows for “viral adoption” via our creative “Data NFTs” (provide “inner value” to NFTs and enable royalties / limited supply) and “NFMe ID” technology (a living Metaverse avatar representation of you — wrapped as an NFT and backed by personal data) and our innovative Data Coalition DAOs (which bulk trades your data). It also aims to be fully privacy-preserving, regulation-friendly and cross-chain, making it the most comprehensive core blockchain data infrastructure available in the market with use-cases in both the enterprise and retail space.
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This article does not include elements of any contractual relationship. This article shall not be deemed to constitute a prospectus of any sort or a solicitation for investment or investment advice; nor does it in any way pertain to an offering or a solicitation of an offer to buy any securities in any jurisdiction.
For the avoidance of doubt, please note that the protocol has not been fully developed. Any statements made about the protocol are forward-looking statements that merely reflect Itheum’s intention for the functioning of the protocol. There are known and unknown risks that can cause the results to differ from the forward-looking statements.
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