CreditONCHAIN gives everyone the ability to own, control, verify and monetize their data.
Using blockchain technology as the foundation, CreditONCHAIN (COC) will create a dynamic reputation network that connects data owners with their consumers.
Through the COC Power Badge, individuals can gain lifetime membership and passive income from their data. As more and more diverse onchain experiences emerge, spanning governance, entertainment, consumption and social activities, blockchain-based reputation will become a critical component of personal digital identity.
COC Badge is a non-transferable utility NFT that represents your reputation in the NFT onchain and allows you to receive a share of the value generated by your data in the onchain if any data consumers call it from the network. It is charged at 0.005ETH per year.
You can mint your non-transferable COC badge to unlock
- Your NFT Power & Reputation Analysis based on unique algorithm
- Eligibility to obtain future Passive Income if any third parties call up your data via our API
- Unlock COC and partner's opportunities within ecosystem
- More asset categories will be integrated into the algorithm, such as RWAs and tokens.
NFT Power
Your NFT Power is based on several metrics, and the underlying data is updated dynamically as your account data changes. In the first release, the scope of the reputation score is preliminarily limited to the top 100 NFTs by market capitalization.
- Total value of NFTs. The aggregate value of all NFTs in your portfolio.
- Total number of NFTs you currently own.
- NFT Trading Volume. The total volume of trades in NFTs that you have made.
- 30-Day Balance. The average balance of your NFT portfolio over the past 30 days.
- Total Gas Spent. The number of gas fees you have spent on NFT trades.
- Active Days. The number of days you have actively traded NFTs on the onchain.
- Top 1, 2, 3 NFT Collections. The NFT collections in which you hold the highest value of NFT assets.
