SELF develops a Web3 identity technology that replaces complex wallet addresses with unique usernames, facilitating cross-chain transactions and enhancing user security. This approach simplifies cryptocurrency interactions, reducing errors and improving confidence for users navigating the digital asset landscape.
Funding
$50M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Cryptocurrency transactions are often complex, requiring users to manage lengthy and error-prone wallet addresses that vary across different blockchain networks. This complexity creates a barrier to entry for new users and increases the risk of transaction errors, hindering wider adoption of digital assets.
Solution
SELF provides a Web3 identity solution that replaces complex wallet addresses with user-friendly, unique usernames, simplifying cross-chain transactions. By associating a single, personalized identifier with a user's various wallet addresses, SELF streamlines the process of sending and receiving cryptocurrencies. This approach reduces the risk of errors associated with manual address entry and enhances user confidence when interacting with decentralized applications. The SELF ecosystem includes a SELF-Centric Layer 1 blockchain where SELF names replace wallet addresses for rapid, user-friendly transactions.
Target Audience
The primary target audience includes cryptocurrency users, particularly those new to the space, and Web3 project developers seeking to simplify the user experience and reduce transaction friction.
Features
- Naming services for multiple blockchain networks
- Personalized SELF Addresses to replace traditional wallet addresses
- SELF Wallet application for simplified digital asset management
- Cross-blockchain compatibility
- NFT-based Web3 identity
- DAO governance
- SELF-Centric Layer 1 blockchain