Introducing Creds: A New Way to Create a Trusted, Verifiable Interchain Reputation

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Pumped to have released @creds_xyz this week... We're creating a new way to establish a trusted, verifiable, interchain reputation, that enhances the community experience, across the @cosmos ecosystem... So what's #Creds all about? creds.xyz/ 👇

At @cheqd_io we're building the infrastructure for Decentralized Identity, centred on establishing trusted, verifiable relationships between 3 parties 1. the Issuer (of a Cred) 2. the Holder (of a Cred) 3. the Verifier (of a Cred)

Creds both allows users to interact with the @cheqd_io network AND crucially offers us the opportunity to experiment / "dog-food" cutting edge features, like our our first-of-a-kind payment rails, quickly so we can iterate and improve at pace...

But what's a "Cred"? Creds are verifiable credentials, a portable, reusable, private, and secure way to build reputation and prove that you’re real Differently from NFTs and SBTs, Creds are private, revocable, and can be taken to different platforms and ecosystems

We've been building on @cosmos almost 2 years, and been on a mission, to discover, engage, nurture and protect our community... .... we saw a gap in the way community members can build a reputation, and communities can reward and incentivise their best community members

@creds_xyz fills this gap by enabling you to build your reputation and take it everywhere. Creds is your reputation - portable, private (as much as you want it to be), and secure.

After 25+ interviews (so far) with individuals from product, marketing, partnerships and community backgrounds, plus influencers & community members from across the @cosmos ecosystem, we landed on 7 Cred types we feel are most needed, and add the most reputational value

We believe these 7 types of Creds demonstrate what a community member wants to be known for, and importantly verified for... Plus, what community managers and moderators would love to be able to issue to recognise their most valued members...

Type 1️⃣: Social Profiles With the world of scams, fraud and Sybil Attacks (ofc more prevalent a bull 🐂) authenticating your accounts, and being able to prove which profiles you actually oversee is vital... Social Profiles Creds do just this..

Type 2️⃣: Roles Knowing who you can trust and who you should speak to, about what, streamlines the community experience for all... Whether you're a team member, moderator, ambassador, validator + many more, Role Creds give you a chance to prove this, and share it with pride

Type 3️⃣ : Events What better way to know someone care's than being able to verify that they've shown up to community events... Perhaps its a @Twitter space to wrap-up the month? Or maybe you run an Alpha session for loyal members... Whatever the event, verify it with Creds

Type 4️⃣: Achievements Contributing in Web3 can be in many forms; staking, HODLing, being an early member and more... Often achievements are hard to uncover, and even harder to verify... let's make this easier

Type 5️⃣: Tickets IRL or virtual, why not issue tickets to community members as a Cred? Find out who's coming, share where you're headed and combine your ticket creds with others as you build your reputation.... (@ankurb & @Tweetddale reppin @cheqd_io at @idworkshop)

Type 6️⃣: Learn Quests, and learning journeys have taken off across Web3 as a means to validate committment to gaining deeper understanding but often achievements get locked within the learning platform Creds offers a way to build an interoperable learning reputation

Type 7️⃣: Endorsements Maybe you run a #DAO, and want to recognise someones contributions to docs or a repo? Or your oversee a project and want to acknowledge a partner for their collaboration efforts; a testimonial or recommendation...

Crucially, your reputation is not one Cred, but the nuanced combination of many, dependent on who's asking 🤫... With Creds, you can share just one, or multiple Creds, in a bundled cred, sharable simply though a link that the receiver / verifier can head to at any time...

I'm really proud of the team for their work on this, with shoutouts specifically to builders @_jsdp, @benyam_7 and @EEAnder1, plus @EHotta, @matt_arn and @tmfh83 for their community & partnership insights, and ofc @fraser_again and @ankurb for leading the charge...

To be kept informed on our latest updates and be the first to get a Cred, sign-up to join the Beta below creds.xyz/

If you oversee community engagement / growth, you're a DAO member or admin, or just feel you'd love to start issuing Creds, get in touch via ross@cheqd.io or DM @rosspower / TG ross_power I'd love to chat to you...