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Coordinape Unveils CoSoul: The Dynamic NFT Immortalizing Digital Work History

Transforming Decentralized Identities with Ethereum's Layer-2 Network

Sun, 02 Jul 2023, 11:26 am UTC

Digital community innovator Coordinape is making waves in the decentralized space by introducing "CoSoul," a dynamic non-fungible token (NFT) that captures and immortalizes users' digital work history. Designed to function seamlessly on Ethereum's layer-2 network, Optimism, this NFT not only symbolizes ownership but also represents the social identity of individuals in our increasingly decentralized world.

According to its official website, CoSoul is not just another NFT. Utilizing a free-to-mint system, CoSoul serves as a living embodiment of a holder's professional journey, accumulating and displaying work-related data, commendations, and official confirmations of employment. This dynamic digital asset is designed to change each month, adapting its unique, data-informed artwork to reflect the user's most recent activities.

Coordinape's pioneering endeavor promises to transform the experiences of over 15,000 users who have been part of their ecosystem since its establishment in 2021. The team views CoSoul as the first tangible outcome of the network and a building block for future expansions.

At the core, CoSoul features an on-chain living portfolio showcasing a holder's professional evolution. It can be accessed not only on the Coordinape app but also on any platform that supports NFT visualization, allowing for wide-ranging integration with NFT-data-based tools.

The evolution of CoSoul's attributes, updating every month, mirrors the holder's contributions within the Coordinape landscape. This evolution is kickstarted by a fundamental metric known as "Public GIVE," a normalized version of the GIVE a user has garnered.

The debut of CoSoul marks a significant milestone in the sphere of digital organizations and decentralized identities. The soulbound NFT, adaptive and free-to-mint, is poised to revolutionize on-chain work history documentation. As CoSoul prepares for a future full of expansions, the implications for the wider DAO and Web3 sectors promise to be intriguing.

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