Social Identity
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As a soulbound token, Rh!noX will be used to verify the background of individuals and allow users to identify the other person's trustability based on their trading history and social activities that are automatically recorded by the system. For example, users could visit the profile of a wallet address and access information such as capital level, project preferences, active areas, trading style, etc.
Such information cannot be manually added or modified by the user. This system eliminates the possibility of fake identities exploiting the anonymity of Web3.0 and making false claims to conduct suspicious activity on the Rh!noX ecosystem.
The Rh!noX team hopes to open this technology to third parties like other on-chain project developers. This would allow third party developers to implement Rh!noX as a proof-of-identity for their own projects.
In simple terms, the key history of your wallet address will be the main criteria to unlock different achievements. For instance, if the holder has more than 10000 $BTC in this wallet, it will unlock the title "BTC Whale"; Swapping tokens more than 1000 times could unlock the title "The Swapper", and vice versa. In addition, there will be an achievement gallery for people to appreciate your achievements and show off your status on Web3.0.