Description
Karma3Labs is building a decentralized reputation protocol to shift power from centralized gatekeepers to users on the open web. They believe an onchain reputation system is essential for decentralized governance, social networks, and marketplaces to be safe, personalized, and scalable. Their protocol, OpenRank, helps users find trustworthy on-chain experiences by using verifiable algorithms and composable social graphs to compute reputation scores. This system identifies and reduces spam and sybils, enabling better discovery and safer interactions in social apps, marketplaces, and governance. OpenRank focuses on building a verifiable ranking and reputation infrastructure using algorithms like EigenTrust, with an emphasis on social attestations, modularity, and open data.