SMF - Just Installed!
Started by Patrikov, Jul 03, 2023, 02:37 PM
Quote from: Patrikov on Jul 03, 2023, 02:37 PMWithin the FireDAO ecosystem, FireSoul and FID are integral components of the Web3 ID framework. FireSoul serves as a unique identity representing a member's reputation and is acquired by burning the FireSeed token. It is tied to a specific wallet and serves as a record of Soulbound tokens and interactions within the ecosystem. FID, the FireDAO ID, is a distinct identifier assigned to each Soul Account, reflecting the on-chain reputation of the account holder. The combination of FireSoul and FID establishes a transparent and accountable environment, where participants' contributions are recognized and rewarded. This Web3 ID framework promotes inclusivity and collaboration, shaping the decentralized future envisioned by FireDAO.