Ethos Network Aims to Enhance Trust in Crypto with On-Chain Reputation
- Ethos Network, co-founded by Trevor Thompson and Ben Walther, launched in January.
- The platform received $1.75 million in funding from 60 Web3 angel investors.
- Users can vouch for others by staking money against their reputation.
- A credibility score system is used to assess trustworthiness, similar to credit scores.
- The platform currently has around 1,000 users and is invite-only.
Ethos Network seeks to address trust issues in the crypto space by implementing a proof of credibility system, leveraging a $1.75 million investment from Web3 community angels.
Source (2.6)https://decrypt.co/309231/ethos-network-on-chain-reputation-trust?rand=52368