# 🚀 Startup #11: Skill Wallet

By [Ali Shaikha](https://paragraph.com/@alishaikha) · 2022-05-02

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**Segment:** NFT / **Business Model**: B2B / **Stage**: Seed

[https://skillwallet.id/](https://skillwallet.id/)

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**Purpose**: Universal ID that can be used cross-platform and cross-community

**Problem**: As crypto futher fragments as more communities and platform are developed, entities are required to have separate IDs across each platfor. This makes it hard to transpose skills and reputation

**Solution**: A portable ID that allows you to keep one identity, aiding entities to maintain governance (native role-based) and track on-chain activity for a safer and healthier environment. In web3 terms, a truly permissionless, self-sovereign, portable identity.

**Team**:

*   [Alessandro Perico](https://www.linkedin.com/in/alessandro-perico/) - Co-founder, CEO and Product
    
*   [Milena Monova](https://www.linkedin.com/in/milena-monova/) - Co-founder and CTO
    

**Traction:**

*   Funding: Raised a $1.65M seed round from Third Kind Venture Capital, Protocol Labs, HashKey Digital Asset Group, Eniac Ventures and Fenbushi Capital.
    
*   Product: Have a testnet ready for DAOs, where you can track and manage members, from what contributions they have made, how they are performing and assigning contracts
    
*   Launch: 98 days way from today’s date - but seem to be engaging with a handful of DAOs
    

**Positive Signals:**

*   Team: Alessandro has been in the crypto space for a while and an founder previously
    
*   Problem: Interoperability will be critical if crypto and more specifically DAOs are to go mainsteam - the solution plays to this at the core c
    
*   Community: They have been running a handful of hackng events with strong contribution - can be followed on their Twitter
    

**Risks**:

*   Team: Still a fairly small team, that might lack the depth of experience scaling businesses - will be interesting to see who they bring on as they grow

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*Originally published on [Ali Shaikha](https://paragraph.com/@alishaikha/startup-11-skill-wallet-2)*