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- November 21, 2024
Hemi and Demos Collaborate to Encourage Fair Rewards in Web3
Demos will bring Sybil Attack prevention to Hemi.
TL;DR
Hemi will collaborate with Demos to integrate OnlyMeID verification, enhancing fairness and security in its decentralized rewards program. This collaboration addresses key Web3 challenges like Sybil attacks by ensuring rewards only go to verified, unique users instead of bots or malicious actors. During the testnet phase, users can mint verified identities for free, earn points for early participation, and secure benefits like free transfers to mainnet.
Hemi has announced a collaboration with Demos, integrating their OnlyMeID verification technology to enhance fairness, integrity, and security in decentralized reward systems.
This collaboration will deliver a framework for the most fair and equitable rewards programs available in Web3. This includes preventing Sybil attacks to ensure that genuine participants earn participation and loyalty rewards fairly. By incorporating Demos’s innovative identity verification, Hemi strengthens its commitment to protecting users and promoting trust in decentralized applications.
In decentralized networks, Sybil attacks—where a single entity creates multiple identities to manipulate rewards—pose a serious threat to community trust and fairness. To tackle this, Hemi’s rewards program will now incorporate Demos’s advanced Human Authentication, adding an essential layer of protection. This ensures only verified unique users can take advantage of Hemi’s rewards program, eliminating malicious actors and preserving the integrity of the system.
Hemi users can begin engaging with this system directly on testnet. Here’s how:
- Start on Testnet: Users can mint their verified identity on Hemi’s testnet for free.
- Earn Mainnet Perks: Once mainnet launches, any user who minted their verified identity on testnet will enjoy a free transfer to mainnet.
Hemi’s rewards and points program incentivizes meaningful engagement, and with this collaboration, rewards will go to real users—not bots. This approach maintains fairness while staying true to the principles of decentralization that drive Web3 innovation.
This testnet phase offers early adopters the chance to engage with the system, secure their place in Hemi’s ecosystem, and enjoy both immediate and long-term benefits. With on-chain verification in place, users can participate confidently, knowing their rewards are safeguarded from fraud or manipulation.