TheBadge is a decentralized protocol that accelerates the adoption of real-world assets (RWAs). It provides the infrastructure for traditional & web3 companies, institutions, and final users to bring RWA certifications on-chain. Functioning as a decentralized certification platform, these web3 certifications are verified and validated by the community before being issued on-chain. The community is incentivized financially to curate data attempted to be certified.
To ensure that our initiatives to attract more people to the crypto ecosystem are fruitful, we must make the ecosystem trustworthy. To create a decentralized future, having accurate information is essential. If we as a decentralized community entrust all verification duty only to centralized entities, the entire ecosystem will suffer the consequences of bad actors' wrongdoings.
Become a curator
Curators are members of TheBadge's decentralized community who verify the authenticity of certifications. They carefully review the evidence provided for each badge and can raise challenges if they detect any irregularities. If the curators successfully expose a fraudulent badge, they will be rewarded for their efforts.
Providing incentives for curators to review the evidence and raise challenges when necessary carefully, helps to ensure that only deserving candidates receive badges and protects the reputation and integrity of the certifications.
Whenever a badge request is submitted, the curators will be notified and given a certain amount of time to review the evidence provided.
They will be rewarded by detecting fraudulent evidence on badges, incentivized by receiving BADGE tokens for that.
If a curator has doubts about the authenticity of the evidence, they can initiate a challenge by making a deposit of money. This will start an arbitration process, in which a jury will review the evidence and determine whether the curator or the badge requester is correct.
After the arbitration process is completed, if the jury denies the badge evidence, the curator will receive part of the deposit of the badge requester and a reward in BADGE tokens.
Check out this video to learn more about what we're building and why it will change real-world asset tokenization for good.
Represent real-world information in the form of blockchain-based certifications. To obtain a badge, users must provide evidence and pass through TheBadge's curation process, where our community of curators will review and verify the authenticity of the evidence.
For example, a web3 company can apply to get a proof of reserves certification. People from the community can then always verify that this process is transparent.
The user selects the badge they are interested in obtaining. Each badge type will require the submission of specific proof or evidence to certify that they have the right to claim it
Each badge type will have specific requirements for the evidence that must be submitted in order to claim the badge. An example of this type of badge could be a course completion certificate.
A deposit is requested to initiate the process. It's needed to avoid fraudulent usage of the platform and ensures that badge applicants are serious about obtaining the badge. The deposit will be returned at the end of the process if the evidence provided is authentic.
Wait for our community of curators to review the evidence provided. They will carefully review it and could raise challenges if they have any doubts or concerns.
If the submission passes the curation process, the badge will be granted to the user wallet's address.
In case a curator challenged the submission, a decentralized jury will analyze the case and determine whether the evidence is authentic or not.
The jury determines that the evidence is veridic. The user recovers his guarantee deposit and the badge is granted to its wallet address.
The jury determines that the evidence is fraudulent. The badge is not granted and the user losses it's guarantee deposit, which will be given to the challenger.
Also known as "Blockchain certifications as a service". These are badges generated and backed by a public or private entity. Entities that are willing to generate these badges have to be registered on the platform before they can start emitting them.
For example, an online courses platform could become a third-party entity of TheBadge, by doing so, it will be able to grant its certifications on-chain without having to develop its own mechanism.
First, the entity has to register within the platform submitting information such as name, description, logo, etc.
Once the entity is registered, it can start creating its own badges. Users chosen by the entity can then receive these badges.
The entity can apply to become a verified issuer on TheBadge. This will allow a more personalized and secure way of issuing badges, as well as issuing the badges directly to their users.
Once the entity’s been verified, it will be able to emit badges directly to the addresses of members of their community.
Become a creator
As a badge creator on TheBadge's platform, you can design and publish custom badges that other users can apply for to certify real-world information. Set the price for the badges you create and receive a share of the fee when users apply for and receive them.
For example, a notary from a certain country knows how to verify necessary documents in a compliance process from that country. By using TheBadge, they could use that knowledge to verify those documents on the Blockchain and generate income from them.
To earn money by creating a badge, the creator will need to define the information and evidence that a badge requester will need to provide.
The creator can set a price for the badge. This will be the amount needed to be paid in order to request the badge.
When users request the badge type and pay the price, TheBadge will split that fee between the platform and the creator for every badge issued, with the creator taking the big share of it.
There are many beta testers that have already used our app and here we have some of they testimonials
Roadmap
Working Process of TheBadge
We're revolutionizing RWA verification via decentralization. Our roadmap shows crucial milestones, from defining project basics to building strong certification platforms. With a user-centric approach and community validation, we're bringing RWAs seamlessly into blockchain, fostering trust at every turn.
2022
Defining the fundamentals of the project and finding real necessities where this platform could be used and how.
Q1 2023
Creating the first badges that will help us to have a better understanding of the users needs in order to make the platform adaptable to different scenarios.
Q2/Q3 2023
This period will be used to build the first version of the platform.
Q4 2023
Develop the functionality that will allow the community to create different types of badges and validate the certifications' veracity.
Q1 2024
Launch the platform on the testnet & smart-contracts audit.
Q2 2024
We will be releasing the platform.
In thease blogs you can read more about TheBadge and our proceess into increase real-word asset faster adoption
TheBadge, an innovative decentralized protocol designed to accelerate the tokenization of real-world assets, is now setting its sights on the agricultural sector.
Business Dev of The Badge
June 6th, 2024
In today's digital age, credentials are increasingly issued electronically. However, traditional digital certificates often lack security, transparency, and ease of verification. The market share of yield-bearing RWAs has nearly doubled over the past year.
Co-Founder of The Badge
April 22nd, 2024
TheBadge has been selected to join Avalanche’s CodeBase incubation program. This collaboration is a noteworthy step for TheBadge, placing it at the heart of innovation in the tokenization of Real World Assets.
Business Dev of The Badge
March 28th, 2024
