BrightID, the Project Based on Ethereum Community, is Initially Listed on LBank!
Another veteran project in the Ethereum ecosystem has announced the upcoming launch of a governance token, generating a lot of buzz once again in the community.
Today,BrightID, the decentralized social identity network announced the establishment of BrightDAO and the issuance of governance token BRIGHT. According to BrightID project team, BrightDAO is technically supported by 1Hive Gardens and Aragon to expand the community, and the token BRIGHT will be distributed equitably, i.e. not according to address but according to people for airdrop, which means users can get BRIGHT rewards in the future by participating in governance.
What is BrightID?
BrightID is an anonymous social identity network that serves as an identity portal for citizens in the Web3 era, providing users with secure and private personal data protection.
BrightID solves the problem of identity uniqueness by creating and analyzing social graphs. Each user can only have one BrightID as the way to prove the uniqueness of their identity without using multiple accounts, and the application does not collect personally identifiable information or cooperate with centralized organizations to violate user privacy. BrightID represents the user’s uniqueness, based on which all people can form a large human trust network and thus lay the groundwork for the Web3 era.
BrightID can be used in a variety of scenarios, including but not limited to identity, application user authentication, activity verification, trust, and reputation building. BrightID has three main features. First, respect and protect privacy. BrightID will not ask for or capture any private information from users; Secondly, no threshold. Anyone has the right to have BrightID; Thirdly, open source. BrightID is a completely free and open-source network.
The three of them are what underlies BrightID’s current success, giving users a decentralized and secure social identity available to everyone.
What are the advantages of BrightID?
Having been growing and rooted in the Ethereum community for a long time, BrightID has a strong consensus in the OG community. BrightDAO is technically supported by 1Hive Gardens and Aragon, both state-of-the-art!
In addition, BrightID is considered the only project that represents social identity as this idea itself is in an early stage. Vitalik Buterin, the founder of Ethereum, is bullish on the idea and BrightID, and has repeatedly expressed his support for BrightID on public occasions.
BrightID and Gitcoin, the open-source software funding platform is also tightly bounded. During the seventh round of Gitcoin donation campaign BrightID delivered an exceptional performance with user volume increasing by ten times. Currently, BrightID has 16,000 users and over 21,000 downloads.
LBank was the first exchange to list GTC at 3 am as soon as Gitcoin’s issuance of its governance token GTC in May, which had delivered an excellent performance since then. Given the relationship between BrightID and Gitcoin, it is reasonable to expect the same performance from BrightID.
According to the official announcement of LBank (LBank.info), it will list BRIGHT/ USDT trading pair (Bright Token) at 15:00 on September 17, with deposit and withdrawal opening at 14:30 on September 17, and 14:30 on September 19 respectively. Since the initial listing of GTC was widely hailed by the community members, LBank is once again the first exchange to list BRIGHT, along with related trading competitions and other reward activities that are greatly worth looking forward to.
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