Violet is a tool chain to compose, express, and verify identity on-chain.
Announcing Mauve, the first compliant, registered, non-custodial exchange, and our funding of $15M
Today, we are excited to share Violet’s new direction. We are building Mauve, the first compliant and registered* DEX, and in the process, further developing Violet to be the most flexible, comprehensive compliance infrastructure in DeFi and beyond. We are also taking this opportunity to announce an aggregate funding of $15M from a spectacular group of investors and operators. DeFi is at a fork in the road: Either we continue building in an entirely open yet isolated ecosystem, or we begin br...
Announcing Mauve, the first compliant, registered, non-custodial exchange, and our funding of $15M
Today, we are excited to share Violet’s new direction. We are building Mauve, the first compliant and registered* DEX, and in the process, further developing Violet to be the most flexible, comprehensive compliance infrastructure in DeFi and beyond. We are also taking this opportunity to announce an aggregate funding of $15M from a spectacular group of investors and operators. DeFi is at a fork in the road: Either we continue building in an entirely open yet isolated ecosystem, or we begin br...
Compliance in Web3: Our View & Why It Benefits Everyone
“Compliance” is inevitable for web3 and crypto – it’s in all of our interests to act now and make our ecosystems “safer” instead of waiting on targeted regulation that eliminates innovative solutions and imposes the same societal ills as web2 regulation. It’s important to dig in on what we think “compliance” means because that term is thrown around a lot without enough clarity. We approach “compliance” in web3 and crypto at a fundamental level – the details flow directly from the government’s...
Compliance in Web3: Our View & Why It Benefits Everyone
“Compliance” is inevitable for web3 and crypto – it’s in all of our interests to act now and make our ecosystems “safer” instead of waiting on targeted regulation that eliminates innovative solutions and imposes the same societal ills as web2 regulation. It’s important to dig in on what we think “compliance” means because that term is thrown around a lot without enough clarity. We approach “compliance” in web3 and crypto at a fundamental level – the details flow directly from the government’s...
Soulbound goes Humanbound
We all maintain strong opinions about what identity means to us individually and in the context of a particular application. “Soulbound Tokens” (SBT), as first introduced in the DeSoc paper, are an important innovation, yet they fall short by being tied only to an account as opposed to an identity. The paper explains identity primitives as follows: * “Our key primitive is accounts, or wallets, that hold publicly visible, non-transferable (but* possibly revocable-by-the-issuer) tokens. We refe...
Soulbound goes Humanbound
We all maintain strong opinions about what identity means to us individually and in the context of a particular application. “Soulbound Tokens” (SBT), as first introduced in the DeSoc paper, are an important innovation, yet they fall short by being tied only to an account as opposed to an identity. The paper explains identity primitives as follows: * “Our key primitive is accounts, or wallets, that hold publicly visible, non-transferable (but* possibly revocable-by-the-issuer) tokens. We refe...
Our Guiding Philosophy on Data Protection and User Privacy for Compliance
If you’re reading this post, you’ve hopefully already seen the Humanbound Token (HBT) announcement. If you haven’t, then we definitely encourage you to go check out that blog post to learn how HBTs work and why we take the view that identity must be bound to a human instead of just an account or a wallet. Quick refresher: HBTs are tokens that are tied to a human, rather than to a wallet. Through multi-factor authentication we ensure identity continuity across on-chain transactions – while pre...
Our Guiding Philosophy on Data Protection and User Privacy for Compliance
If you’re reading this post, you’ve hopefully already seen the Humanbound Token (HBT) announcement. If you haven’t, then we definitely encourage you to go check out that blog post to learn how HBTs work and why we take the view that identity must be bound to a human instead of just an account or a wallet. Quick refresher: HBTs are tokens that are tied to a human, rather than to a wallet. Through multi-factor authentication we ensure identity continuity across on-chain transactions – while pre...
Humanbound Tokens - A New Web3 Identity Primitive
Violet is building customizable identity management infrastructure – in service of our broader mission to evolve trust in web3. Our first product is on-chain compliance rails for DeFi. We work at the nexus of web3 identity, and today we are excited to introduce a new identity primitive: Humanbound Tokens (HBT). HBTs are tokens that are connected to a unique identity. In this primitive, identity properties are available off-chain and continuity is guaranteed through robust Humanbound authentic...
Humanbound Tokens - A New Web3 Identity Primitive
Violet is building customizable identity management infrastructure – in service of our broader mission to evolve trust in web3. Our first product is on-chain compliance rails for DeFi. We work at the nexus of web3 identity, and today we are excited to introduce a new identity primitive: Humanbound Tokens (HBT). HBTs are tokens that are connected to a unique identity. In this primitive, identity properties are available off-chain and continuity is guaranteed through robust Humanbound authentic...
