VerifiedCreators 2.0 - Restoring Trust In Web3

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4 Nov 2023
121



While Web3 continues to bleed trust and earning situations for creators worse, we've been building VerifiedCreators 2.0 to address all the significant problems faced by Web3 creators as a result of the deterioration of trust in the ecosystem.

For context, before we delve into what we have in store for VerifiedCreators 2.0, let's talk about what we've done and achieved with VerifiedCreators 1.0.

If you prefer to watch a video instead, here's a quick video update done by our founder recently:



The first iteration of VerfiedCreators was built for creators on the DeSo (then Bitclout) Blockchain to combat the scam menace of one of Web3's most hyped products in the Bull market. 

After implementing a non-KYC verification method, approved creators will receive a unique-verified profile linked to their social and DeSo identity. This verified profile will contain all the NFTs the creator owns, which serves as proof of ownership. Additionally, it featured links to all the creator's connected social media platforms, along with data related to their verification.

With our community's demand, we integrated with Ethereum to do the same. Only that, Ethereum creators couldn't show proof of their NFTs ownership on their verified profile. 

In summary, here's what we did with VerifiedCreators 1.0:

  • Verification with social profile and DeSo blockchain.
  • Verification with social profile and Ethereum blockchain.
  • Simple public user-verified profile.
  • Concrete structure to allow the integration with multi-chains.
  • Verification payment via NFT on the DeSo and Ethereum Blockchain 


Since launch, the VerifiedCreators platform has received over 300 verification applications, won a couple of grant awards, and continues to grow in reputation.


While we have done and achieved all of these, there is still room for massive improvement, as highlighted by our community. That is why we started working on VerifiedCreators 2.0 a few months ago to address our community's most pressing needs.

The goal of VerifiedCreators 2.0 is to help creators accrue more revenue and recognition for their work through the help of the VerifiedCreators platform. 

Here's how we plan to do that through what we are building:


Improved user-verified profile with multi-chain and transaction capabilities: We are improving the user-verified profile to unleash the power of on-chain and social verification technology. First of all, we are bringing Ethereum NFT and also enabling multi-chain and transaction capabilities on the verified profile. With this, creators can connect unlimited blockchain identities (wallets) to their verified profile with any blockchain integrated with the VerifiedCreators platform. Collectors/investors or fans can buy NFTs or tip creators directly on their verified profile.

Full-blown exclusive NFT marketplace for verified creators. DeSo and Ethereum: Currently, on the DeSo blockchain, there's no working NFT marketplace dedicated to creators. And on the global Web3 ecosystem, there is no safe NFT marketplace designed to curb the scam menace. With an exclusive NFT marketplace that only features NFTs from verified creators, we can solve the biggest problem plaguing the web3 creator economy.

Partnership and integration with growing NFT marketplace and web3 platforms, OpenSea, Rarible, and more: We believe the most effective way of achieving our goal is integrating and partnering with established and growing web3 marketplace and platforms. We will be integrating Rarible/Opensea and partnering with a couple of other creators focussed Web3 platforms.

Improvement of the user verification tool: The non-KYC verification tool is the access door for all the creators on the VerifiedCreators platform. A better user verification tool will lead to a better experience for creators and also ensure there's no chance of scammers gaming the system.

Subscription model migration and payment/tips with $VC, $DeSo, $ETH, and $USDT: You have to purchase a verification NFT to become verified on VerifiedCreators 1.0. We started VerifiedCreators with super limited resources, so we wanted to build the simplest version of our platform to gain users while reducing the barrier to entry. NFT as payment was the simplest way to collect payment on VerifiedCreators rather than spending months of resources on developing a subscription-based model.

The NFT user experience is clunky, and it is almost impossible to build a sustainable platform on such a model. That is why we are making the difficult decision to move to a subscription-based model while providing more value to our creators. Subscription payment on VerifiedCreators 2.0 can be made using the VerifiedCreators token ($VC), DeSo, Ethereum, and USDT.

In conclusion, as we embark on this journey to release VerifiedCreators 2.0, we're reminded of our mission to empower creators in the ever-evolving world of Web3. We started with a commitment to fight against scams and fraud and provide a platform where trust and authenticity flourish. VerifiedCreators 1.0 was the foundation, allowing us to verify hundreds of creators and build a strong community. However, we always knew there was more to be done.

VerifiedCreators 2.0 is our answer to the ever-pressing needs of our community. It's a leap forward in the evolution of our platform, designed to help creators thrive. With improved user-verified profiles, a dedicated NFT marketplace, strategic partnerships, better verification tools, and a transition to a subscription model, we're positioning ourselves at the forefront of the Web3 creator economy.

We believe in the potential of Web3 to transform the way creators earn and engage with their audience. By addressing the challenges head-on and delivering innovative solutions, we're not just building a platform; we're shaping a better future for creators in this decentralized landscape. We're excited to have you on this journey with us, and we can't wait to unveil VerifiedCreators 2.0 to the world. Together, we're restoring trust and making Web3 a safer, more vibrant space for all creators.



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