Profile.io incorporates multi-layered account abstraction and the best in design and UX to attract new users to web3 and stablecoin payments.  Onboarding is familiar and fun, as users and organisations build their profiles and award each other soulbound nfts. The platform operates in a similar way to Linkedin - but with many benefits, integrations and user sovereignty.  For example, much social interaction will take place on other platforms such as discord and farcaster through nft unlocks - with profile.io providing a gateway.  

Users and organisations provide Soulbound NFTs and other identity assets to others to verify their experience skills or certifications. For example, we are partering with Universities for them to issue on-chain degree certificates.

Users are automatically assigned:

- EVM and Solana smart contract accounts and wallets. Non-custodial and gas subsidised for initial soulbound nft minting as they issue soulbound nft skill badges to other users as part of sign up.

- DID for identity asset provenance

- Web3 DNS to use profile.io/username or username.profile.io as wallet address to receive payments, reducing the friction of current wallet payments.

Open Source components of profiles enable users to incorporate their own profile sections. Initial integrations will include Frames.  SDKs also enable other applications to import user profile data, and to syndicate sign up of verified profiles into the verified profile network, benefiting from a revenue share.

Profile verification includes verifying both real name or anonymous profiles depending on user preference and we incorporate 3 methods to cater to both web2 and web3 anon audiences.

KYC/KYB through likeness checks, with basic membership costing $1-3 and premium membership p.a. and premium membership costing $10-$100 p.a. with early adopters benefiting from lower rates. Premium members benefit from reduced transaction fees and enhanced minting

We are also building a proof of personhood algorithm for those who do not want to use KYC. This will include web3 checks of social accounts, connections and other services such as ENS, Farcaster, Gitcoin etc.