Snowball Money, a platform that transforms wallet addresses into simple, recognizable identities, has declared its strategic partnership with Nomis, an on-chain reputation protocol that turns wallet activity into a reputation score. This partnership is aimed at combining On-chain reputation with cross-chain identity infrastructure for getting desired results.
Nomis is operating the most important part of marketing, which is MNS usernames. This MNS username is directly linked with reputational score in the entire trading market. Nowadays, these reputational scores ensure the trust of users on the platform, which ultimately impact on the credibility and on-chain activity of that platform.
Nomis also has an extraordinary figure of 20+ blockchain networks by porting reputation. On the other hand, Snowball Money provides simpler solutions for complex wallet addresses and identities. Snowball Money has released this news through its official social media X account.
Unifying Identity and Reputation to Strengthen Web3 Trust
The partnership of Snowball Money and Nomis is trying to build a stronger reputational layer to verify the historical record of decentralized finance (DeFi). This reputational layer indicates ecosystem engagement; establish credibility with a username-based identity. In addition to this, Nomis facilitates users with advanced on-chain analytics to point out fake or duplicated accounts.
In short, this collaboration is providing significant help in verifying real users’ protocol and minimizes frauds for the safety of users all over the world. They are making on-chain identity more disciplined and strongly connected with the reputation of users. Because this reputational figure is not limited to a purpose of security, it directly displays the credibility of that platform.
Snowball and Nomis Redefine Trust Across Multiple Blockchains
The unification of Snowball Money and Nomis is much more than an ordinary partnership: rather, it is a golden opportunity for users to improve their reputational scores. Moreover, they also reassure people about the security features with advanced tools for improving the efficiency of their work. In a nutshell, both platforms are transforming fragmented wallet-based identity into unified reputation-backed Web3 accounts.
Both partners are highly developed and equipped with advanced Web3 technology and understand the different possible outcomes of Web3 technology. They are strengthening and protecting the identity infrastructure for users all over the world without any prejudices. Both partners want a secure multiple blockchain network with verified proofs.
Source: https://blockchainreporter.net/snowball-money-taps-nomis-to-combine-on-chain-reputation-with-cross-chain-identity-infrastructure/
