MetaVisa
A layer 3 middleware protocol, aims to be the decentralized identity and credit system in Metaverse.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $5.0m | Seed | |
| Total Funding | 000k | ||
MetaVisa operates as a Layer 3 middleware protocol within the Web3 ecosystem, positioning itself as a decentralized identity and credit system. The company was founded by Jassem Osseiran and secured $5 million in a seed funding round on December 1, 2021, with participation from investors including Black Mamba Ventures, Collinstar, and Maven Capital.
The core of MetaVisa's business is to provide users with a standardized Decentralized Identity (DID) profile. It analyzes on-chain data across various dimensions—such as credit history, behavioral preferences, asset holdings, and address activity—using machine learning and algorithms like logistic regression and random forests. This analysis generates a MetaVisa Credit Score (MCS), which is visually represented through ranked badges and a radar chart. Users with higher scores gain access to enhanced services and privileges across different decentralized applications (DApps). The protocol aims to address the convergence of data from multiple platforms, enhance privacy, and facilitate interaction with NFTs. The platform allows users to build a verifiable digital reputation based on their on-chain actions and experiences.
MetaVisa's business model targets both individual users (C-oriented) and businesses (B-oriented). For users, it offers tools to create and manage a 360-degree data portrait, which is encapsulated in a visual identity through an EGO-NFT. For businesses and other Web3 projects, MetaVisa provides a search engine service with tagged, fuzzy, and custom search functionalities to access user data portraits for engagement and service delivery. Revenue is generated when cooperative projects in the ecosystem use the native MESA token to acquire authorized user behavioral data. Additionally, users can stake MESA tokens to earn returns, with the yield being influenced by their identity score. Key milestones achieved in 2022 include the completion of the data server and analysis model, mainnet launch, and the introduction of a general search engine.
Keywords: Decentralized Identity, DID, Web3 middleware, credit scoring system, on-chain data analysis, Layer 3 protocol, Soulbound Tokens, Jassem Osseiran, MetaVisa Credit Score, MESA token, EGO-NFT, data sovereignty, behavioral data, crypto credit score, DeFi identity, GameFi identity, SocialFi, blockchain identity, data portrait, Web3 search engine