Vold Protocol (VOLD)

Vold is a ‘Verify and Earn’ Protocol that enables users to build Proof of Humanity.

Whitepaper

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What is Vold Protocol

The Vold Protocol envisions a world where users are not just passive participants but active contributors, earning rewards for their time, energy, and efforts through the $VOLD token.

The core tenet of the Vold Protocol is the seamless integration of physical actions into the blockchain, ensuring that real-world contributions are verifiable and quantifiable. This is achieved through a unique blend of on-chain reputation systems and Sybil-resistant digital identities, ensuring each user's contributions are genuine and worthy of reward.

One of the Vold Protocol's standout features is creating a Non-fungible Reputation token, representing a user's digital identity and On-chain reputation. This identity is not just confined to the Vold ecosystem but can link multiple blockchain, Web3, and social network accounts to the same user identity. The $VOLD token is a reward mechanism incentivizing users for their time, effort, energy, and contributions. As users engage more with the protocol, their reputation score travels with them across chains, establishing a decentralized credit score of sorts.