Fractal x ReBaked: Fostering A Transparent And Inclusive Web 3 Ecosystem
reBaked is proud to announce our partnership with Fractal, an open-source zero-margin protocol that defines a basic standard to exchange user information in a fair and open way ensuring a high-quality version of the free internet. Fractal will be supporting reBaked by providing a seamless and privacy-preserving KYC experience to reBaked collaborators, in order to establish grounds for transparent and inclusive DAO operations and scaling Web 3 ecosystems.
What does Web 3 look like today?
Web 3 aims to be a decentralized version of Web 2 where users can gain back the ownership of their data and have private and scalable web ecosystems.
The anonymous nature of Web 3 empowers users to build any community they want and support any project they believe in.
However, boundless freedom can lead to unfortunate consequences such as money laundering, identity theft, and scams — Those unfortunate consequences could affect reBaked, which is facilitating distribution of DAO treasuries, fundraising activities, and management of ecosystem grants.
Fractal x ReBaked for a transparent and safe Web 3
Together, Fractal and reBaked will work to ensure fair, transparent, and inclusive Web 3 communities.
This, in turn, will provide the following benefits to new Web3 projects that utilise our infrastructure and tools to bootstrap their community:
- reBaked through the community mining mechanism to help DAOs and Web 3 projects to allocate value to contributors, guarantees an inclusive and transparent mechanism for the distribution of funds. Adding a decentralised KYC layer helps collaborators to build their own digital identity, scale their influence, and contribute to a more transparent remuneration for contributors in a community
- It helps projects navigate through the regulatory landscape, and equip them with more robust tools to identify the distribution of funds
- It supports reBaked’s goal for the distribution of Minimum Guaranteed Payment by contributing to Web 3.0 projects, validating the uniqueness of a contributor and avoiding social engineering schemes
Working with Fractal to build decentralized identities for our collaborators sets new foundations for validating credentials and building an environment of support for contributors of OpenSource projects, but also active members in the growing and very promising DAO landscape.
Fractal’s mission is to empower and incentivize users & businesses to exchange data in a privacy-preserving way so that the balance of power and control between web platforms and their users is restored. Find out more in our roadmap for 2022.
If you are interested in exploring how KYC and decentralized identities (DIDs) can help you and your business, reach out to email@example.com or book a meeting with our team.
About ReBaked (TBD)
reBaked is building a set of governance, management, and operations tools for DAOs and Web 3.0 ecosystems to better distribute and manage their treasuries- focusing on value creation from their communities.
Our projects help DAOs to align incentives with contributors- safeguarding the long-term success and financial sustainability of Web 3.0 ecosystems. Tools are designed to offer collaboration mechanisms, growth mechanisms, and governance infrastructure to help projects achieve shared goals Our protocols allow Web 3.0 Projects to get enhanced deliverables faster, build stronger community bonds, decentralize faster, and achieve a better return of value to the stakeholders. Our native token $BAKED is backed by ecosystem treasuries accumulated by incubated projects, which are actively managed by the RBKD DAO.