xHashtag is proud to announce that they officially launching Soul Bound Tokens (SBTs) on Solana. With this, anyone interested in creating a #SoulSwag SBT on Solana will be able to do so, simply by creating a club on the xHashtag dApp.

Soul Bound Tokens and their Importance

To begin with, in the context of on-chain identity and reputation in the Web3 ecosystem. Soul Bound Tokens perform the task of conclusively proving a user’s skills, credentials, affiliations, and proof of participation, without revealing any additional information or knowledge about the person, thus keeping up the ethos of privacy in Web3.

Users can read more about xHashtag’s SoulSwag SBTs here.

Features of the SoulSwag SBTs on Solana

Furthermore, these SoulSwags on the Solana blockchain are minted as semi-fungible non-transferable Soul Bound Tokens that can be completely customized by projects as per their requirements.

The optional modifiable parameters include:

• Setting a representative image or a video
• Ability to set start and end time for #SoulSwag SBT claims
• Whitelist users who can claim the #SoulSwag SBT
• Charge fees for claiming the #SoulSwag SBT

Indeed, SoulSwags are compatible with existing Solana wallets. Such as Phantom and can also be viewed from the My SoulSwags page on the xHashtag dApp.

What SBTs bring to the Solana Ecosystem

Additionally, by bringing Soul Bound Tokens to the Solana ecosystem, xHashtag intends to create a system to identify proof of skill, reputation, and allegiance, all of which are bound to a specific Solana wallet address by the virtue of being non-transferable.

• At a smart contract level, the smart contract owners can allow list wallets that can operate a smart contract based on their collection of #SoulSwags.
• It can also be use to identify users who have contributed to a project both on-chain and off-chain.
• DAO voting allows decentralized voting by stakeholders, however, it is prone to sybil attacks. Such attacks can be eliminate by using a combination of #SoulSwag SBTs and project tokens to decide the weightage of votes.

Most importantly, these #SoulSwags bring transparency, parity and fairness to the active users of the Solana ecosystem, allowing them to create and curate their digital identity online and benefit from it.

Lastly, To commemorate this special occasion, xHashtag is providing the Hello Solana #SoulSwag free of cost to all users. You may require a small amount of gas fee in your wallet to successfully claim the badge.

Claim link: xhashtag.io/hello-solana

About xHashtag

xHashtag is a Web3 protocol providing on-chain credentials for Future Of Work. Using reputation credentials, brands can dynamically assemble skilled liquid teams. While users are able to build their Web3 reputation and earn in exchange for creating value.

Website ♦  Twitter

SOURCE

https://medium.com/xhashtag/xhashtag-brings-soulswag-sbts-to-solana-1db5d288a071

REQUEST AN ARTICLE

The post xHashtag Launching Soul Bound Tokens (SBTs) on Solana appeared first on Smart Liquidity Research.

– Their unique SoulSwag SBTs which are on-chain non-transferable Reputation and Skill badges.
– Launch a fully configurable liquid staking vault with zero technical knowledge required, including minting your own $project tokens in less than 2 minutes!
– Participate by staking in already provisioned liquid staking vaults to earn attractive staking rewards.

Introduction

xHashtag is a Web3 protocol providing on-chain credentials for Future Of Work. Using reputation credentials, brands can dynamically assemble skilled liquid teams while users are able to curate their Web3 reputation and earn in exchange for creating value.

With xHashtag, users can build up their portfolio of #SoulSwags, which are onchain credentials that represent their skills and loyalty for a project/brand, while projects can easily identify their loyal fans on-chain and offer unique rewards and benefits.
#SoulSwags also offer enhanced sybil resistance in DAO voting due to their non-transferable and verifiable nature.

Governance Token

$XTAG is the native governance token of xHashtag DAO and also has several utilities such as governance, priority access to campaigns, staking rewards and more.
The total supply of $XTAG is 100 million and with current circulating supply of ~16 million, which is 16% of the total supply.

Key Features

• #SoulSwag Credentials: #SoulSwags are Skill and Reputation Soulbound Tokens which enable automatic user eligibility check based on brand’s requirements.
• Automated Ambassadors: Brands can create tasks and incentivize skilled and reputed users to participate, thus acting as ambassadors for the project, without becoming economically unviable or inefficient.
• Metaverse Advertising: Partner projects can deploy wearable #SoulSwags for the Metaverse, which garners more eyeballs, thus adding value and brand recall.
• No-code Web3 Tools: Ther Web3 tools allow projects to create new utilities for their token with no coding experience required.

xHashtag automates the entire campaign for the projects, including task completion verification and credential/reward dispatch, thus enabling projects to dedicate more bandwidth towards their development.

About xHashtag

xHashtag is a Web3 protocol providing on-chain credentials for Future Of Work. Using reputation credentials, brands can dynamically assemble skilled liquid teams while users are able to build their Web3 reputation and earn in exchange for creating value. This is made possible through #SoulSwags, our on-chain reputation credential badges.

Website | Twitter

About GateChain

GateChain is a next-generation public blockchain, with a focus on on-chain asset safety and decentralized trading. Its uniquely designed Vault Account is primed for handling abnormal transactions. GateChain presents an extraordinary clearing mechanism, tackling the challenges of asset theft and private key loss. Decentralized trading and cross-chain transfers are also supported, alongside with other core features.

Website | Twitter

SOURCE: BLOG

The post xHashtag now Live on GateChain appeared first on Smart Liquidity Research.

Under this partnership, bitsCrunch seeks to leverage xHashtag’s community accelerator program. Ahead of its first product launch ‘Scour,’ an AI-powered wash trading detection solution.

Over the course of this agreement, the two companies will work together to recognize community members via xHashtag’s on-chain credential protocol ‘SoulSwag’. Additionally, under this program, members will receive non-transferable Soulbound tokens as rewards for being a more dedicated representative of bitsCrunch. In addition, users holding Soulbound tokens will receive a discount on our products.

Furthermore, the bitsCrunch community has been at the forefront in furthering its mission to make the NFT ecosystem more secure. The platform also believes that the more its community grows, the more it can educate the global Web3 faction on NFT security and privacy. To further advance its initiative, xHashtag will promote campaigns launched by bitsCrunch and help grow its collective community.

ABOUT bitsCrunch
bitsCrunch is a leading blockchain analytics firm that aligns with building tools to safeguard the NFT community. Through the hard work, brainpower, and proactivity of top-notch data science professionals, they blend Artificial Intelligence and Blockchain Technology. It offers consumer-friendly digital products that secure the NFT ecosystem and provide industry-relevant analytics that helps rocket launch NFT ventures with ease.

Website | Twitter

ABOUT xHashtag
xHashtag is a Web3 protocol providing on-chain credentials for Future Of Work. Using reputation credentials, brands can dynamically assemble skilled liquid teams while users are able to build their Web3 reputation and earn in exchange for creating value.

RESOURCES
bitsCrunch

The post xHashtag and bitsCrunch sealed a partnership appeared first on Smart Liquidity Research.

The grant will be used to introduce no-code development tools and on-chain reputation identity infrastructure on GateChain. It is to ensure a streamlined and secure experience for users of the GateChain ecosystem. Likewise also helps project owners reduce costs and increase efficiencies by promoting a faster go-to-market approach. The grant will also fund marketing that will encourage users to use xHashtag dApp on GateChain.

The no-code web3 development tools slated to be deployed include Liquid Staking Vault Creator. It requires no coding skills from the user’s end and can be used to create a liquid staking vault for any new or existing ERC-20 token. It also allows project owners to create and manage their token’s microeconomy using advanced token lockup strategies.

Furthermore, xHashtag’s on-chain reputation identity infrastructure introduces trust in a trustless environment by enabling Sybil resistance in DAO voting. It allows projects to select, vet, and allocate incentivization budgets to project participants based on their on-chain reputation earned from interacting with the project. It is also non-transferable SBT credentials that help create an aggregated online identity for individuals.

ABOUT xHashtags
xHashtag DAO is a 360° Web3 Growth Automation Suite that focuses on the sustainable overall growth of Web3 projects including community, liquidity, and treasury. xHashtag will provide a fair and equitable platform for everyone to partake in the project’s launch by starting with a low supply and creating immediate utility via single asset staking with high APY.

Website | Twitter

ABOUT GateChain
GateChain is a next-generation public blockchain, focused on on-chain asset safety and decentralized trading. With a uniquely designed Vault Account, primed for handling abnormal transactions, GateChain presents an extraordinary clearing mechanism, tackling the challenges of asset theft and private key loss.

Website | Twitter

RESOURCES
Medium

The post xHashtag partners with GateChain appeared first on Smart Liquidity Research.

The grant will be used to introduce no-code development tools and on-chain reputation identity infrastructure on GateChain, ensuring a streamlined and secure experience for users on the GateChain ecosystem. While also helping project owners reduce costs and increase efficiencies by promoting a faster go-to-market approach. The grant will also fund marketing that will encourage users to use xHashtag dApp on GateChain.

The no-code web3 development tools slated to be deployed include Liquid Staking Vault Creator which requires no coding skills from the user’s end and can be used to create a liquid staking vault for any new or existing ERC-20 token, allowing project owners to create and manage their token’s microeconomy using advanced token lockup strategies.

In addition, xHashtag’s on-chain reputation identity infrastructure introduces trust in a trustless environment by enabling Sybil resistance in DAO voting and allowing projects to select, vet, and allocate incentivization budgets to project participants based on their on-chain reputation earned from interacting with the project. This would be achieved through the provisioning of their unique #SoulSwags. Which are non-transferable SBT credentials that help create an aggregated online identity for individuals.

About GateChain

GateChain is a next-generation public blockchain, focused on onchain asset safety and decentralized trading. With a uniquely designed Vault Account, primed for handling abnormal transactions. GateChain presents an extraordinary clearing mechanism, tackling the challenges of asset theft and private key loss. Therefore, Decentralized trading and cross-chain transfers will also be supported, alongside other core features.

Website | Twitter

About xHashtag

xHashtag is a Web3 protocol providing on-chain credentials for Future Of Work. Using reputation credentials, brands can dynamically assemble skilled liquid teams. While users are able to build their Web3 reputation and earn in exchange for creating value.

Furthermore, xHashtag lets registered users earn cryptocurrency by choosing from many simple on-chain, off-chain and creative tasks available to them. While this is rewarding for the user, it also opens up a marketing vehicle for Web3 projects, to help them accelerate their community and token growth.

Twitter | Website

SOURCE: MEDIUM

The post xHashtag Partners with GateChain appeared first on Smart Liquidity Research.

In this partnership, xHashtag and SolanaPrime will help build a strong community that believes in the project and is willing to back them up.

xHashtag offers a 360° Web3 Growth Automation Suite that builds on the strengths of Web3 projects by helping them develop and grow a reliable community that believes in the projects and is willing to back them.

SolanaPrime is the primary market gateway for the next generation of DeFi, GameFi, and Metaverse DApps to launch on Solana. On the eve of releasing their token, $PRIME, on May 12th, 2022, SolanaPrime partnered with xHashtag to leverage their community and accelerate the project’s growth through an ambassador program.

xHashtag’s experience in active community building and accelerating project growth will help further circulate SolanaPrime’s benefits and amplify its reach to both new users and Solana-based projects that are looking to launch.

“We look forward to working together with xHashtag as we scale and expand our reach within the Solana ecosystem.” — Ramiro Gamen, SolanaPrime Co-Founder and Head of Business Development

SolanaPrime will debut its $PRIME token on the SolanaPrime Launchpad on May 12th, 2022.

About xHashtag

xHashtag DAO is a 360-degree Web3 Incubator, Launchpad and Accelerator that focuses on community boosting through tokenized incentives. The launchpad facilitates Protocol Owned Liquidity via discounted token bond sales while creating immediate utility through Single Asset Staking.

Website ♦  Twitter

About SolanaPrime

SolanaPrime is a Solana-powered, fully decentralized IDO launchpad platform. It serves as the primary market gateway for the next generation of DeFi, GameFi, and Metaverse dApps to launch on the Solana ecosystem, either as direct token participation in the IDO or indirect exposure to SolanaPrime in its entirety.

Website ♦ Twitter

⏩ SOURCE

The post xHashtag and SolanaPrime Partnership appeared first on Smart Liquidity Research.