PhotoChromic Private Sale Spotlight

Published in

Photochromic

4 min readNov 15, 2021

PhotoChromic is on a mission to revolutionize identity for individuals on Web 3.0 using blockchain technology. As important as this mission is, PhotoChromic realizes it is not achievable without community participation and support. Another crucial factor determining the success of PhotoChromic is its growing list of partners and strategic token holders.

A project’s success is largely dependent on community participation, and PhotoChromic has been fortunate in this regard. The relentless appreciation and support from the community members and ecosystem players, helps PhotoChromic develop at a rapid rate.

Today, we would like to take this opportunity to highlight PhotoChromic’s key participants in the private token sale that have been instrumental in our early development.

Spores

Spores are a cross-chain DeFi-powered NFT marketplace defining decentralized pop culture. The project prides itself on the pillars of Creator centricity, community, borderless access, and frictionless NFT interaction. PhotoChromic is a part of Spores portfolio companies of the launch of Spores Capital with a collective aim of bringing ownership and identity control to the individual.

Magnus Capital

Magnus Capital is a digital asset investment fund that has been helping upcoming crypto projects since 2017. The company believes that decentralized finance and new-age digital projects will play a deciding role in developing digital economies.

Brotherhood Ventures

Brotherhood Ventures adds value to the blockchain projects by offering specialists and incubation & funding services to supercharge the project’s growth and success. It is a venture level investor that utilizes the powerful network of influencers and KOLs early community supporters to increase the exposure to the project.

Lupa X Capital

Lupa X Capital is a pre-eminent leading investment and advisory partner that specializes in developing early-stage projects with a focus on DeFi and NFTs. Luna X Capital has led and arranged the private sale funding round for PhotoChromic, supporting a raise of $850K ahead of its IDO.

Banter Capital

Banter Capital is an established venture capital arm associated with Crypto Banter, a crypto social news platform. Banter Capital is a private round supporter of PhotoChromic.

Synaps

Synaps is a Universal Digital Identity platform that helps users to create and manage their digital identity online. The platform streamlines sharing of secure identities among its trusted network of partners to access robust features that require identity verification.

Fractal

Fractal is a Germany-based identification protocol built for global compliance with regulated industries to offer market-leading compliance products and services. PhotoChromic partnered with Dractal to bridge the gap between data privacy and data integrity.

Metavest Capital

Metavest Capital is an NFT gaming and metaverse focused consultancy that offers blockchain gaming and digital currency consulting, strategy and investment services. Metavest has an expert team with experts in the blockchain, gaming, and finance industry.

Coach K

Popularly known as Coach K, he is an avid trading and financial coach known for his success-oriented market strategies for early-stage projects, creative tokenomics, and a deep partnership network.

Owl Ventures

Owl Ventures is the largest venture capital firm in the world focused on the education technology market founded in 2014. The Silicon Valley-based firm was built to partner and help the world’s leading education companies across a wide spectrum.

Unvest

Unvest is an open multi-chain DeFi protocol designed for trading locked tokens. PhotoChromic joined hands with Unvest to create a robust platform for the community to participate in various funding and gaming platforms supported by Unvest.

Ledgity

Ledgity is a digital solution that assists and protects IFAs using the latest technological innovations. It is a next-gen financial services platform built on Cardano for financial advisors and clients. Recently, PhotoChromic partnered with Ledgity to enhance PhotoChromic’s KYC capabilities by utilizing the platform’s expert digital solutions.

Tokenova

Tokenova is an advisory firm in the crypto space that has been actively involved in helping projects strategize, build and launch projects in the world.

As the ecosystem grows, the list of supporters will continue to increase and help us transform the concept of Individual Sovereignty.

About PhotoChromic

PhotoChromic enables people to securely own and verify their identity and personal information through an NFT. The tokenized NFTs can be programmable, are universally addressable, and open the door for additional functionality. The product aggregates biometric proof of life, with government-backed identity verification and unique personal attributes, into an on-chain asset that is utilised for blockchain-based identity verification and Web3 applications.

The benefits that the protocol offers include:

Immutable security and independent management of your online identity
Attestation of true biometric identity, tethered to your physical and digital assets
A multi-chain protocol to run on Ethereum, Polygon (MATIC) and Cardano

By developing and deploying this protocol onto key blockchains, there are a host of value-added benefits and commercial opportunities that will be created as a result. These can either be pursued by PhotoChromic in isolation, developed in joint-venture with other parties, or proposed to third parties who consume the protocol for their own commercial risks and return.