According to ChainCatcher, the reputation scoring protocol Ethos Network announced the completion of a $1.75 million Pre-Seed round of financing. This round of financing was participated by 59 community investors and no VC participated. Ethos will be released on Base soon.

According to the Web3 asset data platform RootData, Ethos provides a reputation score with supporting information, similar to a credit report, but with an open protocol and on-chain records. Ethos incentivizes ethical behavior through social proof of equity; this is a consensus-based decentralized verification mechanism driven by human values, judgment, and actions.