Rarimo & Orange Protocol Press Release — Multi-Chain NFT Reputations Take Center Stage
Integration between Rarimo and Orange Protocol brings NFT creators and collectors multi-chain reputation tracking.
April, 2023. Interoperability protocol Rarimo has partnered with Orange Protocol, a decentralized reputation protocol, to enable users to mint Reputation NFTs across multiple chains. This enables users to leverage their reputations on the chain of their choice rather than being limited to a specific ecosystem.
The Reputation NFTs will ratify NFT collectors’ and creators’ trading, sales, and ownership history. With Rarimo, users will be able to mint them on Ethereum, Solana, Binance Smart Chain, Avalanche, Polygon, and Near. Previously, they could mint only on Ethereum and Binance Smart Chain.
Through their collaboration, Rarimo and Orange Protocol are leading the way towards a secure, multi-chain NFT reputation tracking. This will contribute to the security of the NFT market and the value of digital assets and will empower creators and buyers across the entire Web3 ecosystem.
In addition, the multi-chain minting and management process is entirely decentralized and non-custodial, further ensuring the robustness and authenticity of the Reputation NFTs.
“We’re excited to partner with Orange Protocol to further the role of identities in web3 and increase the levels of trust and security in the NFT ecosystem,” said Lasha Antadze, the co-founder of Rarify Labs, one of Rarimo’s core contributors. “Going forward, Rarimo will add support for DID and facilitate usage of Verifiable Credentials across chains.”
David Harrington, Head of Growth for Orange Protocol stated that “We believe that reputation is the key to unlocking the full potential of the NFT market. By partnering with Rarimo, we can help to establish trust and credibility in the NFT ecosystem, making it a safer and more valuable place for creators and buyers alike.”
About Rarimo:
Rarimo is an interoperability protocol for multi-chain identities, assets, and dApps.
They provide the building blocks for interoperability across the web3 social layer. Rarimo enables Soulbound Tokens, NFTs, Credentials and other identity components to seamlessly travel across chains.
Rarimo have also pioneered new use cases for cross-chain digital assets transfers. Their NFT checkouts solution allows users to buy NFTs with any cryptocurrency, regardless of the chain it’s held on. Developers can use Rarimo’s unique architecture to bring single click, single fee solutions to an endless range of dApps and use cases.
Rarimo is maintained by the decentralized Rarimo Foundation. Rarify Labs is one of their service providers.
For more information please visit Website, Twitter, Lens and Discord. The Rarimo Testnet is currently accepting Developer Applications.
About Orange Protocol:
Orange Protocol is a decentralized reputation protocol that provides a way to establish trust and credibility in the web3 and beyond. Its reputation system uses feedback and ratings to track the behavior and track records of users, providing a reliable way to verify identity, reputation, and trustworthiness.
