KaratDAO

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Frequently asked questions

What is Karat Network?

Karat Network is a fully decentralized data network that connects Web2 (traditional internet) to Web3 (blockchain-based internet). It is powered by MPC (Multi-Party Computation) and ZK (Zero-Knowledge) technologies. Karat Network allows users to bridge their Web2 data and Web3 by creating verifiable credentials of their Web2 data. Users can also authorize their data with confidence and connect their wallets to access various features such as analytics, airdrops, and staking. The network also offers a mainnet token launch with 70,000,000 KAT tokens available for mining.

What is Karat ID?

Karat ID is a decentralized digital identity created within the KaratDAO ecosystem, designed to empower users to own, control, and manage their data across both Web2 and Web3 environments. This identity protocol serves as the foundation for users to interact securely with various services on the KaratDAO platform, enabling a seamless and protected way to engage in data trading, access analytics, and participate in community events like airdrops. Through Karat ID, individuals can ensure their digital identity and data are managed with privacy and autonomy, facilitating a trustless and permissionless exchange of information within the digital space.

How can I build my on-chain profile and name service?

To build your on-chain profile and name service on the Karat Network, you need to follow these steps:

1. Connect your wallet: Use the "Connect wallet" option to connect your wallet to the Karat Network platform.

2. Create a KARATForm: Use the "Create form" option to create a KARATForm that collects wallets. This form allows you to gather useful insights about wallets, such as ETH balance, blue chip NFTs, tags, and social media accounts.

3. Analyze wallets: After creating the KARATForm, you can use the "Analyze wallets" option to view informative wallet insights. This includes details like ETH balance, blue chip NFTs, tags, and social media accounts associated with the wallets.

4. Create an airdrop: The Karat Network platform allows you to create NFT or token airdrops through their launchpad. This feature helps increase engagement and visibility for your project. Use the "Create airdrop" option to create and share an airdrop with your audience.

5. Build your on-chain profile and name service: The Karat Network enables you to build your on-chain profile and name service. This allows you to establish your identity and reputation on the blockchain. Details about how to build your on-chain profile and name service are not provided in the given reference text.

What is Karat Form?

Karat Form is a tool provided by KaratDAO designed to collect and manage wallet addresses efficiently. It serves as a practical solution for Web3 projects and individuals who need to organize wallet addresses for various purposes, such as events, analytics, or targeted airdrop campaigns. Karat Form simplifies the process of gathering wallet data, enabling users to analyze, manage user groups, and execute follow-on campaigns directly. This tool enhances user engagement and interaction within the Web3 space by providing a streamlined approach to accessing and utilizing wallet address information, thereby fostering more personalized and effective communication strategies within the community.