2021-11-9 20:00 |
Civic Technologies, a leading digital identity solutions innovator, has launched a free tool for creators and NFT marketplaces called Ignite Pass. The tool eliminates bot participation in NFT drops and mints, Invezz learned from a press release.
Easy integration, no data storageIgnite Pass, a free version of Civic’s groundbreaking Civic Pass, will require buyers to prove they are human. It is easy to integrate and does not require storage of personal details.
Chris Hart, CEO of Civic Technologies, said:
Artists are having their moment right now with the introduction of NFTs. Bots are more than a nuisance — they’re destroying the trust that communities have built as well as the future prospects of its creators. We’re proud to provide tools that will help them achieve greater success at their auctions and help keep their communities bot-free.
With the company’s integration guides, both artists and marketplaces can start using Ignite Pass on Solana (SOL/USD) today. Ignite Pass helps maintain an equitable and transparent network of community members for NFT drops and mints.
Ensuring transparency and trustNo NFT ecosystem can thrive without trust and transparency. By having their identity verified, digital art creators build trust across their communities. Civic accomplishes this for all creators joining the Verified by Civic Pass program and announces a trust seal, which they can then share with their communities.
Enabling compliance with future regulationsAs a leading early innovator, Civic ensures compliance with future regulations by providing a unique on-chain solution for the NFT and DeFi industry. Their Civic Pass product offers additional automated and fully integrated controls that make it possible to screen for KYC and AML requirements in real time.
Faster, more precise verificationCivil Pass is able to offer rapid, more accurate verification because identity is verified once and then dynamically checked. The company uses Identity.com’s unique identity verification ecosystem to this end.
Unprecedented growth of NFT investmentsIgnite Pass comes to creators’ rescue at a time when investment in NFTs is on an unprecedented scale. Trading volume of the NFT space was more than $10.67 billion in the third quarter of this year, up 38,060% year-over-year according to DappRadar data.
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