What are we building. the end game.

A Reputation Framework based on chain profiles:

In the rapidly evolving Web3 ecosystem, trust and reputation are paramount. While Ohana DAO initially release is concept of onchain impact scoring using Universal Profiles, there's a broader opportunity to create a more versatile and adaptable framework for reputation systems. The technology described below envisions a cross-chain mechanism that allows for the creation of reputation scores based on various criteria, expanding use cases far beyond social impact assessment.

At its core, this technology provides a framework and interface for building customizable reputation systems. It empowers developers, creators and corporations to define the specific criteria and metadata that contribute to a user's "reputation" score. These criteria can encompass a wide array of factors, including:

• Impact-Related Assets: Holdings in projects related to donations, humanitarian causes, or environmental initiatives (similar to Ohana DAO's approach).

• Early Adopter Status: Rewarding users who have held specific assets for a significant period, fostering loyalty within a project or ecosystem.

• ReFi Contributions: Recognizing individuals who own assets tied to carbon offset projects, renewable energy initiatives, or other regenerative finance activities.

• On-Chain Gaming Activity: Providing a basis for game developers to create in-game reputation systems that reflect player achievements, contributions, or community engagement.

• Creative Economy Participation: Incentivizing creators by considering ownership of NFTs or other digital assets associated with their work.

• Financial Behavior: Enabling the development of on-chain credit scoring mechanisms that assess an individual's financial history and asset holdings.

Cross-Chain Functionality

This reputation framework is designed to operate across multiple blockchain networks, allowing for a more comprehensive assessment of a user's activity and holdings across the Web3 landscape. This cross-chain capability is essential given the increasing fragmentation of the blockchain ecosystem.

Scanner and Score Calculation

The framework includes a "scanner" that analyzes a user's wallets across different chains, extracting relevant metadata based on the predefined criteria. The collected data is then processed through a calculation engine to generate a "reputation score." The specific algorithm for calculating the score can be customized within the framework to align with the desired reputation system.

Market Potential and Web3 Relevance

• DeFi: Reputation scores could facilitate undercollateralized lending, enabling users with strong on-chain reputations to access more favorable loan terms.

• DAOs: DAOs could utilize reputation scores to gauge member contributions and allocate voting power or rewards accordingly, fostering a more meritocratic governance system.

• NFTs: NFT marketplaces could incorporate reputation scores to highlight trusted creators and collectors, increasing confidence in the authenticity and value of digital assets.

• Gaming and Metaverse: In-game reputation systems could enhance player experiences by enabling unique features, rewards, or access based on demonstrated achievements and behavior.

• Social Impact: The framework's ability to track contributions to social and environmental causes can incentivize positive actions and promote transparency within the impact investing sector.

Conclusion

This technology represents a significant step forward in establishing trust and reputation within the Web3 ecosystem. It offers a flexible and adaptable solution for creating reputation systems across various domains, expanding the possibilities beyond the initial focus on impact scoring. By enabling developers to define their own criteria and empowering users to build their on-chain reputations, this framework can foster a more transparent, accountable, and meritocratic Web3 environment.