Karma3 Labs

Karma3 Labs

A decentralized trust protocol using EigenTrust. Learn more

Market cap
-
Enterprise valuation
$18—27m (Dealroom.co estimates Mar 2024.)
California United States (HQ)
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Karma3 Labs operates in the blockchain and decentralized technology market, focusing on creating a decentralized trust protocol using EigenTrust. This protocol allows developers to build ranking and recommendation systems for their applications based on on-chain data. The primary clients are developers and businesses in the web3 ecosystem who need reliable and personalized search, discovery, and recommendation functionalities. Karma3 Labs' business model revolves around providing these decentralized solutions, potentially earning revenue through licensing, partnerships, and integration services. The company leverages peer-to-peer social attestations, open data, and honest algorithms to ensure transparency and trustworthiness in its offerings.

Keywords: decentralized, trust protocol, EigenTrust, web3, on-chain data, ranking, recommendation, peer-to-peer, open data, honest algorithms.