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Gitcoin Passport: Your key to the world of Web3 and decentralized finance

Mar 25, 2024
Gitcoin Passport: Your key to the world of Web3 and decentralized finance
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Gitcoin Passport is a cutting-edge identity verification platform that eliminates the need for providing personal documents or photographs. It is built on the analysis of your financial transactions and social media activity. Based on these data, your individual rating in Gitcoin Passport is formed, reflecting your activity and reliability. Increasing your rating expands your opportunities, including participation in airdrop. 

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Gitcoin Passport: Your Key to the World of Web3 and Decentralized Finance - news

Getting Started and Precautions

Gitcoin Passport is a digital identifier in the Web3 ecosystem, used in various projects for identity verification and reward distribution. This service collects and analyzes personal data, tracking user activity in both traditional internet projects (Web2) and in the Web3 space.

For example, the cryptocurrency platform Linea is already requiring a Gitcoin Passport for participants to assign roles, accrue points for completing tasks, and receive other forms of rewards.

If you are interested in using Gitcoin Passport and want to become part of this community, it is necessary to carefully fill out your profile. Here are some tips for successfully creating a profile in Gitcoin Passport:

  • Ensure that transactions through your wallet are linked to your profile, which helps increase your rating and enhances the credibility of your profile.
  • Active participation in social networks is considered in the rating calculation, so share your successes, projects, and ideas to demonstrate activity and attract attention to your profile.
  • Adjust privacy settings in social networks to control what information is considered in Gitcoin Passport.
  • Carefully verify the provided personal information for accuracy and relevance to ensure your profile is verified and reliable.

To fully utilize Gitcoin Passport's functionality, you need to complete your profile and accumulate at least 20 points. This can be achieved through active participation in the platform's activities, completing tasks, engaging in projects, and interacting with other users. By investing in the platform, you expand your opportunities and privileges. Regular updating of information and account activation will keep you informed of new features and offers.

How to Create a Gitcoin Passport

Creating a Gitcoin Passport profile is a process that requires attention and a deliberate approach. You can follow a detailed guide that not only helps you successfully create a profile but also optimizes it for maximum benefit from the service. This guide covers all the necessary steps, from registering on the platform to actions aimed at increasing your rating. Following these instructions, you can effectively navigate the Gitcoin Passport system, maximizing the possibilities offered by the platform.

  1. Registration and Wallet Connection: First, register on the platform and connect your Metamask or another available wallet.

  2. Rating Goal: Aim to increase your rating to 20 points using various available activities.

  3. New Email Address: Create a new Gmail account and link it with the service to get 2.25 points. If creating a new email is not possible, you can purchase one.

  4. Participation in Discord: Join a Discord server to be awarded 0.69 points.

  5. Twitter Account: If your Twitter account is older than 2 years, you will earn 3.63 points. If necessary, such an account can be purchased.

  6. GitHub Integration: Connect a GitHub account, older than one year, to the service and receive 3.63 points. If you don't have an account, it can be purchased.

  7. Facebook Profile: Connect your Facebook account and ensure you have a profile picture to earn 1.38 points.

  8. LinkedIn and Gmail: Link

    Facebook Profile: Connect your Facebook account and ensure you have a profile picture set to earn 1.38 points.

  9. LinkedIn and Gmail: Linking your LinkedIn account with Gmail can bring 2.45 points, the use of SMS activators and European proxies may be required.

  10. Coinbase Registration: Register on the Coinbase platform using a Google email and a phone number obtained through SMS activators, using a European proxy, to get 1.35 points.

  11. Activities on Civic and Snapshot: Complete the captcha on Civic for 1 point and participate in Snapshot voting for an additional 1.41 points.

By completing these actions, you will accumulate approximately 18.48 points. To reach the required threshold of 20 points, you will need additional points, which can be obtained by participating in paid activities.

Gitcoin Passport: Your Key to the World of Web3 and Decentralized Finance - news

How to Increase Points in Gitcoin Passport

To increase the number of points in your Gitcoin Passport, several additional methods can be considered:

Activity Description
Ethereum Transactions For each transaction made on the Ethereum network more than 30 days ago, 2.43 points are awarded. This is a standard operation for most users. If you do not have such a transaction, organizing one will cost about $2 at a gas price of 15 Gwei. To accumulate points, you can transfer ETH from the OKX cryptocurrency exchange to ERC-20 and then back to the exchange.
NFT Ownership Holders of NFTs in the ERC-20 network are awarded 0.69 points. The cost of acquiring an NFT varies around $3-4.
.eth Domain (ENS) Owning a .eth domain will get you 2.2 points, which is a significant contribution to your rating.
Transactions in Era and Lite zkSync Networks Making a transaction in these networks costs about $1 and will bring 0.8 points.

By completing these four paid steps, you can gain an additional 6.12 points, compensating for the shortfall in other categories and bringing your total score to 24.6 points. This will enhance your position for testnets.

Upon completing these actions, you can select a project to invest in and hope for recognition in case of the project's success or receiving retrospective payments. The Gitcoin Passport serves as an important tool, underscoring your skills and achievements in the cryptocurrency and blockchain sphere, thereby attracting the attention of employers and investors.

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