KaratDAO, founded in 2022 by Eric Wei and Will Kim, is a Web3 data marketplace designed to give users control over their Web2 and Web3 data while enabling them to earn rewards. Through its decentralized data identity protocol, Karat Network, users can manage and trade their data securely and permissionlessly. The platform focuses on digital identity ownership and supports the development of decentralized applications leveraging its protocol. ^{[2] [4] [5]}

Overview

KaratDAO provides a decentralized data identity protocol that enables users to manage and control their personal data across Web2 and Web3 environments. The ecosystem consists of interconnected products built on the Karat Network. Karat Form facilitates wallet address collection and management, offering analytics and user segmentation tools. The wallet dashboard provides data insights, while the airdrop launchpad enables token and NFT distributions. By integrating technologies such as Zero-Knowledge Proofs (ZKP) and Multi-Party Computation (MPC), KaratDAO prioritizes privacy and security in data exchange. The platform also incentivizes user participation, creating a structured marketplace for data sharing while maintaining user control. ^{[1] [2]}

Key Features

KaratDAO offers a decentralized data identity protocol with several distinct features designed to enhance data security, privacy, and user control.

• Decentralized Identity Management – Users can create and manage their digital identities without reliance on centralized entities, ensuring control over personal information and minimizing data breach risks.
• On-Chain Data Marketplace – The platform enables users to monetize their data by granting access under predefined conditions in exchange for Karat tokens, maintaining user control over data permissions.
• Advanced Cryptographic Security – Technologies such as Zero-Knowledge Proofs (ZKPs) and Multi-Party Computation (MPC) secure data transactions, allowing verification without exposing sensitive information.
• Web2 and Web3 Interoperability – Karat facilitates seamless integration between traditional web data structures and blockchain-based identity systems, enabling cross-platform compatibility.
• Incentive Mechanism – Users are rewarded with Karat tokens for participation, whether by sharing data or contributing to network operations, creating an incentivized ecosystem.
• Threshold Cryptography – Encryption keys are distributed across multiple parties, ensuring that no single entity has full access, enhancing data security. ^{[1] [3]}

Products

KaratDAO offers a suite of decentralized applications (dApps) designed to enhance identity management, community engagement, and data utility within the blockchain ecosystem.

• Karat Form – A tool for collecting wallet addresses and social media details, streamlining participation in raffles, AMAs, and other community-driven events. It simplifies the onboarding process and facilitates community engagement.
• Wallet Dashboard – Provides users with insights into their transactions and interactions within the Karat ecosystem. This tool helps individuals and projects analyze wallet activity, improving financial transparency and user engagement strategies.
• Airdrop Launchpad – A platform for distributing tokens and NFTs to incentivize participation and community growth. It facilitates seamless airdrop execution, enhancing outreach and engagement efforts.
• Karat ID – A decentralized identity solution enabling users to unify their identities across multiple blockchain networks. It integrates with Karat’s Multichain SocialFi dApps and the Karat AA wallet, allowing users to verify social media accounts and select validators while interacting across supported networks like ZETA and zkSync ETH. These products collectively support KaratDAO’s goal of providing decentralized identity solutions and fostering user-driven engagement within Web3. ^[1]

Tokenomics

KaratDAO Token ($KAT)

KaratDAO's native token, $KAT, operates on the zkSync Era Mainnet and serves as the foundation for transactions and incentives within the ecosystem. The token has a total supply of 2,000,000,000 and is designed to facilitate decentralized identity management, data exchange, and community engagement across KaratDAO’s platform. ^[6]

Allocation