🎉 Rarimo has just secured $2.50M in its latest funding round! 🎉
🔹About: Rarimo focused on building a permissionless ZK Registry that redefines identity management, interactions, and social graphs. Unlike traditional identity protocols that rely on centralized issuers or specialized hardware, Rarimo uses client-side proving to create a truly censorship-resistant backbone. The ZK Registry is a ZK Rollup that functions as an on-chain registry for abstract statements, enabling the system's state to be proven without revealing individual details. This allows developers to implement protocols like identity verification, reputation, and proof-of-attendance with minimal effort, making it easier to build privacy-preserving applications. Rarimo also introduces ZK Passport, which transforms biometric passports into unique, privacy-preserving digital identities. The platform supports decentralized infrastructure, reliable uniqueness verification, and privacy through self-issuance. By leveraging zero-knowledge proofs, Rarimo enables users to verify their reputation based on private relationships and interactions without exposing sensitive details. The project aims to unlock a new generation of social apps where users can stay private without losing historical actions, networks, and identities. Rarimo is committed to fostering a pluralistic approach to identity management, empowering developers to create applications that respect user anonymity while ensuring continuity of identity. 🚀🌐
🔹 Lead Investors: Vitalik Buterin, Keone Hon, Stefan George, Nick White, Daniel Lubarov and many more.
🔹 Total Raised: $2.50M.
🔹 Project Category: Layer-2 Chain, Digital Identity.
🌟If You find this useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#WeAreAllSatoshi #CPIUpdateOctober #Layer2Coin #Layer2 #zkSync $MANTA
