Nomis is collaborating with Concero on a new checker system that can prevent the widespread deployment of bots in DeFi and Web3. This partnership combines Proof of Humanity signals with established on-chain reputation data to help protocols verify users more efficiently and act intelligently. This approach fosters a more trusted and sustainable protocol ecosystem.
Improving Verifiable On-chain Reputation
The association is beneficial since Nomis assists in building an identity architecture involving more than addresses of wallets. Nomis can analyze on-chain activity to determine a user’s “Reputation Score.” Most Web3 addresses are just a long string of alphanumeric characters, which doesn’t reveal much about the person behind the screen.
Concero’s ecosystem leverages these scores to gain a deeper understanding of the intent and history of the users. Transitioning from an anonymous address to a verifiable identity enables trust in a permissionless system. According to Nomis documentation, providing human signals to a protocol helps prevent Sybil attacks by ensuring that awards and governance power go to legitimate users, not sophisticated bot farms.
Streamlining Cross-Chain Infrastructure
Concero is known for offering a cross-chain infrastructure that allows full use of its platform without needing permission from anyone else. With liquidity being increasingly separated between several different L-1 and L-2, the addition of a single layer for the use of an identity reflects the growing demand for credible identity solutions across multiple networks. Through the innovative identity protocol of Nomis, Concero can further streamline its technology in line with the principles that dominate fair distribution.
Through the Concero app, assets moving across different blockchains now carry the user’s reputation with them. Each time a user moves from one chain to another, that user’s reputation will still be recognized. The “portable reputation” model gives protocol providers the ability to offer incentives such as lower fees or personalization of services to users based on their verifiable history of loyalty to other blockchains. This synergy represents another significant advancement toward creating a more connected, user-driven experience across multiple blockchains.
Driving Fair Distribution and Web3 Adoption
The key benefit of this collaboration between Concero & Nomis is to ensure that there is a ‘fair distribution of rewards. There are many instances of airdrop farming happening within Web3 Projects and other behaviors impacting negatively on the value of a Community, Effective use of PoH (Proof of Humanity) to direct remuneration/rewards to real humans that create high value to a Network.
The development discussed above is representative of a larger trend in the industry in which gaming/social aspects are beginning to overlap with identity to create more comprehensive ecosystems. As an example, the same initiative associated with verified rewards that has been utilized to enhance user participation in the community through verified rewards can also be found within the partnership between Audiera & CDari, whereby providing health/fitness-related services and rewards via Web3 gaming services.
Conclusion
Together, Concero and Nomis are revolutionizing the infrastructure for Web3. The two companies have created a great solution to the “identity crisis” in the industry by providing cross-chain capabilities combined with the ability to create complex reputation/identity layers. Together they state,” More to come”, as they work to create a more equitable and transparent human-oriented decentralized future. By providing next-generation on-chain solutions, the collaboration will provide safer and more profitable opportunities for both users and developers alike.