Auth3 Network, an innovator in Decentralized Identity (DID), is transforming the way individuals control their personal data within the evolving Web 3.0 landscape. As an incubated project from the UC Berkeley Blockchain Xcelerator, Auth3 Network utilizes the Oasis Network to enable ethical data monetization while preserving user privacy.
Founded in 2021 and headquartered in the United States, the company has developed a unique process that permits users to tokenize both their Web2 and Web3 data as confidential assets. These are managed smartly by AI Buddy, which identifies monetization opportunities such as paid advertisements and surveys, tailoring services based on users' demographic and preference data.
Auth3 Network attracted a $750.00K Seed Round on 01 December 2021, demonstrating early traction, with contributions from investors like ARKN Ventures, ChainLayer, and Simply VC. Positioned within industries of Analytics, Blockchain, Privacy and Security, and Web3, Auth3 Network sits at the intersection of privacy innovation and lucrative data management solutions.