Tech
Goat.Tech launches revolutionary on-chain reputation system to combat crypto scams and promote trust
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Hong Kong, Hong Kong, March 29, 2024, Chainwire – Cryptocurrency scams are rampant, costing victims billions. A shocker relationship this was revealed by the Federal Trade Commission (FTC). since the start of 2021, over $1 billion has been lost to cryptocurrency-related scams, a staggering figure that represents more than one in four reported dollars lost to scams. In this Wild West of finance, trust is hard to find. As the famous investor Warren Buffett said: “It takes 20 years to build a reputation and five minutes to ruin it.” Blockchain technology, with its anonymous nature, exacerbates this problem.
Enter Goat.Tech: the solution for decentralized trust and reputation
Capra.Tech opens the doors to a future where “your reputation is your currency”. Goat.Tech aims for a world where financial stability and trust from others pave the way to success on the blockchain. Goat.Tech introduces a on-chain and real-time reputation standards that reflects that of a user present financial stability and potential value generation. This revolutionary trust score is transparent and visible to all, allowing users to make informed decisions about who to trust.
Trust Score: The heart of it all
Goat.Tech’s roadmap takes a two-pronged approach to building trust in the Wild West of cryptocurrencies. First comes Goat Dapp, a gamified socio-financial platform where users stake ETH to increase others’ trust scores and compete for the Greatest of All Time (GOAT). This not only incentivizes positive behaviors, but also unlocks the power of trust scores for everyone in the Web3 space, from KOLs and investors to regular users. Looking ahead, Goat.Tech plans to introduce Goat L2, the first Layer 2 designed specifically for on-chain reputation. This innovative system is designed to replenish the user’s ETH with the aim of optimizing potential returns, while simultaneously building their reputation and increasing their ETH balance. By starting with a gamified approach of Goat Dapp and then moving to the advanced features of Goat L2, Goat.Tech creates a safe and trustworthy environment where everyone can thrive.
Goat.Tech plans to introduce Goat L2, the first Layer 2 designed specifically for on-chain reputation
The Trust Score is the foundation of every Goat.Tech feature and interaction. The higher the trust score a user achieves, the more $GOAT tokens will be generated for individuals participating in their pool. This, in turn, attracts more people to bet in the user’s pool, facilitating immediate earnings for the user, which further increases their trust score, and so on. This virtuous circle fosters a transparent and safe environment. Goat.Tech aspires to make Trust Score the standard, transforming blockchain into a more trustworthy space.
The Trust Score is the foundation of every Goat.Tech feature and interaction.
KOL: leader of the revolution
KOL (Key Opinion Leader) they are the trendsetters of the cryptocurrency world. With Goat.Tech, their reputation becomes their most valuable asset. The higher their trust score, the more they can earn. This incentivizes Genuine and trustworthy KOLs to build a strong following. Goat.Tech is not just a platform for monetizing reputation; it’s a place where KOLs can build loyal communities and solidify their influence in the ever-evolving Web3 landscape.
Conclusion
The trust revolution starts now! Goat.Tech’s mainnet launch is on the horizon, offering an innovative solution to the Wild West of cryptocurrencies.
Users are invited to follow Goat.Tech, join the movement, and explore the future of on-chain reputation on Goat.Tech website.
Users can sign up at Goat.Tech Telegram and follow Goat.Tech on Twitter.
Contact
MARKETING MANAGER
PR MANAGER
GOAT TECHNOLOGY
[email protected]