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SELF Launches Innovative NFT Plan to Revolutionize Crypto Interactions

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It is reported that SELF, a Web3 identity technology start-up, has announced that it has completed a pre-sale round financing of about $400000 through the GemP…

SELF Launches Innovative NFT Plan to Revolutionize Crypto Interactions

It is reported that SELF, a Web3 identity technology start-up, has announced that it has completed a pre-sale round financing of about $400000 through the GemPad platform. The company is preparing to launch an innovative and practical NFT plan based on the Polygon blockchain, aiming to completely change the way individuals interact with cryptocurrencies. SELF-identities is an ERC721-compliant NFT that allows users to transfer their registered identity to other addresses under their control or sell them to third parties. It is reported that Certik has audited the contract address of the project in March, and SELF has also passed the KYC verification of Assure DeFi, adding an additional layer of trust and accountability. （cointrust）

Self, a Web3 identity technology start-up, completed a financing of about $400000

Analysis based on this information:


Web3 identity technology start-up, SELF, has recently announced the completion of their pre-sale round financing worth $400,000 through the GemPad platform. The company aims to change how individuals interact with cryptocurrencies through their innovative and practical NFT plan based on the Polygon blockchain.

The SELF-identities is compliant with ERC721, a standard for creating non-fungible tokens (NFTs). It allows users to transfer their registered identity to other addresses under their control, or sell them to third parties. Essentially, SELF-identities enable a user to own, control and profit from their identity, thus granting them the freedom to transfer it like any other owned asset, which can be a game-changer for people who value their privacy and data.

The NFT’s plan proposed by SELF aims to revolutionize the cryptocurrency world by allowing users the freedom to own their data and identities, which is a bold move considering the current data-dominant and centralized business practices. The company’s innovative approach appears to be gaining traction in the crypto space, with Certik already auditing the contract address of the project in March, providing a much-needed layer of trust and accountability, while assuring investors and users that proper measures have been taken to ensure the security of their investments.

SELF also received the backing of Assure DeFi, who completed the KYC verification of the project. This move strengthens the credibility of the project, and further consolidates the trust that users and investors can place in the NFT plan.

In summary, SELF’s launch of their NFT plan is a move pushing the boundaries of privacy and data ownership in the cryptocurrency world. It’s an exciting time for the company and the crypto enthusiasts that will use their platform. By enabling individuals to own and transfer their identities, SELF is offering an alternative model of decentralized data ownership that could potentially help advance the crypto world, as well as bring decentralized data closer to reality.

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