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Digital neighborhood platform Coordinape has launched CoSoul, a novel, free-to-mint, soulbound NFT that information a holder’s work historical past and Web3 profession inside digitally-native organizations.
TL;DR
Coordinape has launched CoSoul, a free-to-mint, soulbound NFT on the Ethereum layer 2 community Optimism. It information and updates a holder’s work historical past inside digitally-native organizations month-to-month.
Soulbound NFTs signify social id in a decentralized society. Coordinape is integrating its native token, GIVE, on-chain to permit DAO members to reward neighborhood involvement.
Coordinape’s co-founder, Zemm, believes that on-chain work historical past will turn into normal for digital communities and digitally native organizations.
Web3 Careers on chain
The CoSoul NFT, which is minted on the Ethereum layer 2 community Optimism, not solely collects participation knowledge, accolades, and employment verification on-chain. It additionally updates month-to-month with new metrics and generative art work reflecting the holder’s exercise.
Moreover, Soulbound NFTs, being non-transferable by nature, serve a vital position in representing social id in a decentralized society.
Coordinape can be integrating GIVE, its native token. This permits decentralized autonomous group (DAO) members to reward friends for his or her neighborhood involvement.
CoSoul locations a holder’s DAO participation on-chain, publicly highlighting a member’s dedication to a mission.
A brand new paradigm for digital communities?
Zemm, Coordinape’s pseudonymous co-founder, believes that on-chain work historical past will turn into the norm for digital communities and digitally native organizations like DAOs.
This method gives a file of provable interactions between people, groups, and organizations, offering a extra sovereign and verifiable account of somebody’s work and Web3 profession than ever earlier than.
Coordinape has been a key participant within the Web3 house for 2 years, offering help to DAOs in managing and distributing assets to contributors, and introducing revolutionary decentralized fee and administration strategies.
Following this trajectory, in August, Coordinape took one other step ahead by launching CoVaults. These sensible contracts allow DAOs to remunerate their contributors utilizing ERC-20 tokens.
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