Mercle

Trustless Reputation Metric for Risk Assessment for a truly online and decentralized ecosystem that can be used to dive Engagement, Growth, Incentives such as Token airdrops, Filtering De-Fi active users, Trade leverage allocation, Uncollaterized Loans.

Links

Dapp

Intro

KPIs

300,000+Identity Created

1,400,000+Attestations Issued

$500,000+Incentives Worth Distributed

ETH 10,000+Defi Activity

75%Month over Month Growth

Additional Details

Goals

Provide trustless insight metrics for Risk Assessment to drive community growth and customer engagement/acquisition while bringing traditional economy onchain.

Humans by nature are an aggregation of habits which translate into daily actions that can be tracked and measured online.

We are going application first instead of Infra first where we work with communities to understand and solve thie usecase that align with our vision with the end goal of having a unified infrastructure standard for Reputation metrics.

Process involved:

Points/Incentive allocation
Score metrics calculation
Processing(Action Verification + tagging)
Data Aggregation

All communities try to understand if the user a Defi degen? what kind of degen? a gambler? a trader? how big of a risk do they take? Is the user really interested in the community? or is he just an airdrop farmer?

We see these reputation scores being used in a range of existing processes in traditional economy such as running basic incentives for airline points, online shopping to bigger problems like trade leverage allocation and uncollaterized loans.

We are currently sufficiently decentraized and working on trustless step 3 and 4 with Mercle Chain.

Proposed Solution

We see these reputation scores being used in a range of existing processes in traditional economy such as running incentives for airline points, online shopping to bigger problems like trade leverage allocation and uncollaterized loans.

Milestones

Milestone	When
Decentralized Identity Profile(PoW)	2023
Decentralized Incentive Allocation	2023
Community Collaboration as Poc	2023
Data Aggregation & Tagging	2023-2024
Decentralize Verification	2024
Decentralize Data Aggregation	2024
Testnet launch	2024
Community Collaboration as Pilot	2024
Mainnet Launch	2024