Nomis Launches TON Reputation Score, First 1M Users to Get Free Scores

As an analyst with a background in blockchain technology and reputation systems, I am excited about Nomis’ new on-chain reputation score feature for The Open Network (TON). With my experience in the industry, I have seen firsthand how important it is to have a robust reputation system in place to prevent abuse and identify genuine users.

Nomis, a reputation protocol, has announced the debut of its on-chain reputation score feature for The Open Network (TON), one of the leading blockchain networks that has risen to popularity in the current market cycle. Based on their wallet activity, the user will receive a score ranging from 0-100. Nomis new scoring feature aims to strengthen the TON blockchain system by introducing “a robust on-chain reputation system”.

As a crypto investor, I’d put it this way: “This system calculates a reputation score (ranging from 0 to 100) for each user based on their crypto wallet activity. It can identify and flag bot farms and Sybils, which is essential for preventing abuse on the TON network and protecting legitimate projects. By doing so, it helps distinguish genuine users and early adopters, rewarding them for their valuable contributions to the entire ecosystem.”

As a crypto investor using Nomis, I’m excited about more than just the scores. With Nomis, I’ll also have personalized experiences through their platform called ScoreFront. ScoreFront empowers me to utilize my scores as collateral and unlock extra benefits from Nomis’ partners like Interport, Timesoul, and others. Each partner offers unique rewards, giving me exclusive access, custom terms, rates, and powers that aren’t available to everyone.

As a researcher, I’ve discovered that those who earn high scores in crypto activities will gain additional benefits. Specifically, they can transform their crypto achievements into discounts on Decentralized Exchanges (DEX), secure spots on launchpads, and become eligible for airdrops, among other perks. Approximately 1,500 individuals have registered for these advantages based on the data provided by the TON Society.

Noting significantly, Nomis marks the first implementation of scoring solutions on the TON blockchain. In commemoration of this significant achievement, Nomis extends a generous gesture to the initial one million users: they will be granted free reputation scores with just gas fees to cover as payment. Furthermore, these fortunate users stand to gain additional perks such as exclusive access and airdrop eligibility from various projects within the TON Ecosystem, namely Storm Trade, DeDust, Tonkeeper, AquaTON, and Nimbus.

As a researcher exploring the domain of blockchain analytics, I’ve come across some intriguing data from the Nomis official website. Specifically, their Web3 scoring solution has assessed over 2.4 million individual wallets and identified approximately 507,000 unique score holders up to now. Furthermore, it caters to more than fifty distinct blockchains and continues to expand at an impressive pace.

Popularity of TON

In the wake of viral sensation with Telegram games like Notcoin (NOT) and Hamster Kombat, applications built on the TON blockchain have gained significant attention this market cycle. Amidst the crypto market downturn, Toncoin (TON), the native digital currency of this decentralized layer-1 platform, remains among the top 10 largest cryptocurrencies by market capitalization.

As an analyst, I’ve examined DefiLlama’s latest data, and I can tell you that the Total Value Locked (TVL) within the TON network amounts to a substantial $588.2 million, marking a notable rise this year. With a market capitalization of $16.6 billion, Toncoin presently ranks 8th in the crypto market. This ranking comes alongside an impressive 379.54% price surge since July 2023. The current token value is at $6.67, and there’s been a considerable trading volume increase of 61.38%, reaching a significant $701 million.

Read More

2024-07-05 11:13