Atom Accelerator DAO (AADAO) Grant Announcement Card - in Blank
Team: Trevor Miller
Amount Asked: $50,000
Status: Rejected

BitBadges

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Existing token standards (ERC721) and sign-in standards (Sign-In with Ethereum) are single ecosystem only (Ethereum). For neutral companies (not ecosystem-specific like Netflix or Twitter), this is a ridiculous assumption to assume that all user will belong to a single ecosystem. Imagine concert tickets only being limited to Android users because the underlying technology only works on Android! We want to expand existing Web3 products to be compatible with any blockchain ecosystem, including Cosmos.

BitBadges can be described as multi-chain tokenization-as-a-service. We offer an open-source, state-of-the-art, community-driven suite of tools that enable you to create, customize, verify, and integrate with digital blockchain tokens for any use case that you desire.

We offer the full-stack of tools and services you may need from the required storage (blockchain, data indexing, off-chain data storage) to authentication to distributing badges to offline-first verification tools (in-person verification, website gated sign-ins) to communicating with your badge holders and more!

Additionally, the BitBadges app allows you to show off your badges and build your digital identity as you collect more over time! On the flip side, you can browse others’ badges to get a sense of their digital identity (e.g. are they a scammer or trustworthy?). This app has a social media feel but is also the all-in-one site to learn about the identity of a user.

To learn more, see https://docs.bitbadges.io/.

Team: Trevor Miller
Current Status: Rejected
Funding Program: Regular Grants
Funding Category: Interchain Public Goods

Amount Requested: Amount in their initial application, or for RFPs, their first quote or that of the nearest competitor $50,000

Date Applied: Aug 03, 2023
Date Rejected: Generally includes time spent doing interviews, rescoping or amending the application, and due diligence Oct 18, 2023 (10 weeks)

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Approved: Aug 28, 2024
Amount: $246,154
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Venture Investment 3

Team: [to be announced]
Agreed: Aug 28, 2024
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Approved: Aug 23, 2024
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Approved: Aug 16, 2024
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