11/21/2024
BTC97,037.0
ETH3,107.91
USDT1.0
SOL238.28
BNB611.24
XRP1.11
DOGE0.385752
USDC1.0
BUSD0.996376
Last news
Starknet.ID Offers Rewards for Building Your Digital Identity
05/30/2023

Starknet.ID Offers Rewards for Building Your Digital Identity

05/30/2023
4,5

Starknet.ID, an identity provider on the Starknet network, is offering a unique opportunity for users to engage with their project and earn rewards.

This protocol allows individuals to create their own Starknet Identity, which can be likened to an on-chain passport, and attach various elements to it. One distinctive feature is the ability to register ".stark" human-readable domains, which serve as personal Starknet usernames.

The platform is built on top of StarkNet, a permissionless decentralized zk (zero-knowledge) rollup network that offers scalable solutions within a secure Ethereum-like state. As an L2 (layer-2) network, StarkNet ensures unlimited scalability for decentralized applications (DApps) without compromising security and composability.

While the Starknet blockchain has recently gone mainnet, no token has been launched yet. However, users who have already minted a domain on both the mainnet and testnet may have the opportunity to participate in an airdrop if they decide to launch their own token.

To get started on Starknet.ID, users are advised to follow a few simple steps. 

  1. First, they should visit the StarkNet ID website
  2. Next, users need to connect their Argent X wallet, which will be used for transactions within the Starknet ecosystem. 
  3. In order to mint a domain, users will require ETH, which can be obtained from Binance or any other relevant exchange.
  4.  After securing some ETH, users can visit the StarkNet bridge to transfer their funds from the Ethereum mainnet to StarkNet. 
  5. Users can then proceed to purchase their desired .STARK domain

For a higher chance of rewards, it is recommended to purchase multiple domains across different wallets. Additionally, users can explore the Starknet testnet and complete the Odyssey OG role quests for further engagement.

The primary goal of the StarkNet ID protocol is to act as a versatile passport for StarkNet, enabling users to securely store and share their desired data within the ecosystem. By utilizing a StarkNet ID, users can streamline the data access process for various protocols. Instead of repeatedly providing their information, users can grant direct access to the data stored within their StarkNet ID, benefiting both users and protocols alike.

Looking towards the future, the grand vision behind Starknet.ID is to create a society where web3 has become mainstream. In such a future, a person's starknet.id could serve as a reliable and comprehensive "digital identity" compared to the current self-issued credentials found on platforms like LinkedIn and job resumes. While this long-term vision remains on the horizon, the immediate focus for Starknet.ID is to build a decentralized identity service that can be utilized by all Starknet protocols.


Subscribe to Cryptonica.News
on social networks

The materials found on the Cryptonica website shall not be taken as individual investment recommendations. The financial instruments or operations mentioned therein may not align with your investment profile or objectives. We assume no responsibility for any missing facts or inaccurate information in the texts. Cryptocurrencies are financial assets with high risk and volatility. Therefore, it is crucial that you conduct your own research on financial instruments and make independent decisions. Before engaging in any actions related to cryptocurrency, you shall study, understand, and comply with the laws applicable in your region and country.

Binance


How useful is this article for you?
Thank you for your review!

Last news