Root Protocol

Root ProtocolISME

Decentralized Identity and Credit Network

About Root Protocol

Founded

2021

Ecosystem

Community

NFT3 is an Unified Decentralized Identity and Credit Network for Web 3.0. NFT3s will become a direct monetization path for individuals to associate value on their terms with various aspects of their data journeys through life with different projects, individuals, social networks, companies, and institutions. NFT3 will allow users to create a unified identity that they can then associate with any Web 3.0 application. This is achieved by creating an NFT that the user owns, and wrapping it in DIDs, or Decentralised Identifiers, which can travel across the web but always return to the owner’s NFT3.

Investors

Animoca BrandsAnimoca Brands
Signum CapitalSignum Capital
CMS HoldingsCMS Holdings
AnkrAnkr
Green Arrow VenturesGreen Arrow Ventures
Tekin SalimiTekin Salimi
Meltem DemirorsMeltem Demirors
LD CapitalLD Capital
Shima CapitalShima Capital
GenBlock CapitalGenBlock Capital
Digital StrategiesDigital Strategies
Tenzor CapitalTenzor Capital
Double Peak GroupDouble Peak Group
Digital Finance GroupDigital Finance Group
LVT CapitalLVT Capital
ZMT CapitalZMT Capital
Ellipti VenturesEllipti Ventures
Criterion VCCriterion VC

Fundrasing details

Funding RoundAmountValuation
Date
Investors
IDO
$4.40M
--
2024-02-09
--
--
$2.50M
$100.00M
2024-01-18
Animoca BrandsAnimoca Brands*
Signum CapitalSignum Capital
+ 5
Seed
$7.50M
--
2022-02-01
Animoca BrandsAnimoca Brands*
LD CapitalLD Capital
+ 12

Subsidiary Organizations

ISME
ISME
Metaverse Social Explorer