What Verification Method Best Suits Your Project?
Here at Synaps, we offer a gradual identification process for web3 to address any identity and compliance issues while maintaining the principles of the crypto industry.
Jun 23, 2023
3 min read
Proof of personhood (PoP) is the primary level of verification that allows your users to signal to communities and projects that they are human and one person. We consider PoP to be the bedrock of trust for the internet where community members promote a strong online economy and democracy, that is fair and trusted.
Take a look at how you can implement PoP in your project
There is no better way to engage your community than to reward passionate members. But to ensure fair allocation of rewards, you need a solution that can easily tell apart a bot from a real person. The PoP solution allows you to be assured that each user is unique. Read more
Identification is not just about verifying individuals. Companies need to verify their partners and investors over the lifespan of their projects. We've gathered some examples for you below focusing on full identification.
Let’s dive into some of their initial implementations!
Are you in the early stage of your web3 project development? When looking for funding, your first instinct would probably be to raise money in crypto to support your launch. While ICOs and private sales seem to have become the norm over the years, identifying your investors was easier when fundraising was done in fiat. So how do you identify crypto investors behind their public keys? Here is where KYB intervenes to guarantee a secure and trustworthy launch. Read more
Reliable ideas don’t always have reliable people behind them. Ensure the credibility of your grantees with proper identity verification. Proper identity verification can help you keep up with the latest regulations. At the same time, this step makes your project look legitimate and trustworthy.Read more
Synaps, your crypto native verifier
Companies entrust Synaps because of its customizable verification flows, and its extensive experience in verification. Synaps assists web3 projects with their initial verification implementation during early development which is beneficial over the projects’ lifespan.
Take part in our diverse ecosystem and let us help you onboard your members with Synaps.