zkMe Network is celebrating its second anniversary with significant ecosystem growth and technological advancements, marking the occasion with the launch of a strategic ecosystem rewards program and plans for a comprehensive tokenomics model by 2025.
As a decentralized identity infrastructure powered by zero-knowledge proofs, zkMe provides private and secure identity authentication with enhanced data protection. The platform allows users to authorize multi-chain applications with a single authentication, serving as an all-in-one cross-chain identity solution. Through its decentralized node network, zkMe Network ensures transparent authentication processes while allowing users to maintain control over their data and earn rewards by sharing credentials.
As the Web3 industry faces increasing regulatory requirements, with the EU’s MiCA regulations coming into effect in 2025, zkMe’s zero-knowledge proof technology continues to set the standard for privacy-preserving compliance solutions. The platform’s innovative approach has received recognition from leading investment firms and has raised over $6 million in total funding, including a recent $4 million seed round led by Multicoin Capital with participation from OKX Ventures and Robot Ventures.
“In the digital age, privacy data can be your most valuable personal asset,” said Alex Scheer, founder and CEO of zkMe. German-born Alex’s vision of data sovereignty emerged from deep reflection on digital privacy. “Every day we leave digital footprints through transactions, investments and social interactions in the blockchain ecosystem. While these activities create value, they can also become vulnerabilities that expose our personal information. This deep understanding of digital privacy challenges led our team to establish zkMe as a global privacy solution,” explains Alex.
Perhaps the most striking thing about zkMe is the way the team builds. “Consider us as modern digital professionals,” says Alex enthusiastically. “We have the precision of German technology, but work at Web3 speed. While others may focus on coming up with beautiful stories, we practically build an identity infrastructure that implements advanced identity solutions in more than twenty major blockchain networks.
Self-sovereign identity, value-generating data sharing, and decentralized privacy are not just goals; they are our foundations.”
In crypto you have to be fast and error-free – that is the standard we have set for ourselves.” This patient, methodical approach has served them well in an industry often characterized by hype cycles.
The team’s market analysis quickly proved accurate. “The market response was remarkable,” Alex explains. “We see users actively seeking out our privacy-preserving solution, especially given their growing concerns about identity data breaches. Leading investors have also recognized this potential and are supporting our vision with their support. These strong signals confirm what we believed from the beginning: that decentralized identity authentication would become essential to the future of Web3.”
zkMe has established partnerships with more than 70 Web3 projects across industries, including Real-World Asset (RWA) integration, On-and-Off ramps platforms such as Plume and Xion Global, as well as DeFi and Gaming Infrastructure projects such as KyberSwap, Hinkal, Singularity and CARV. The platform’s mobile application has reached 33,090 downloads and processed more than 660,000 user attestations, demonstrating strong user acceptance and market demand.
The company’s technological infrastructure features several key innovations:
Zero-knowledge proofs (ZKP): a decentralized identity network powered by zero-knowledge proofs, enabling private authentication while meeting compliance requirements
Reusable Credentials: An all-in-one identity verification solution that unlocks multi-chain application access with just one authentication
zkMe Identity Network: a decentralized network that ensures transparent verification processes while allowing users to control their data and earn rewards by sharing credentials
Looking ahead to 2025, zkMe will introduce a comprehensive tokenomics model that aligns ecosystem value with participant contributions. The platform has developed a strategic framework that focuses on three important pillars:
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Early supporters will receive ecosystem rewards through a structured incentive mechanism
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Active users will receive priority access to future value distribution events
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Data contributors will benefit from a sustainable value sharing system
Its robust technology foundation allows zkMe to deliver unique value across the Web3 ecosystem. For users, the platform guarantees true data sovereignty, enabling both secure authentication and value capture through reusable credentials. Projects benefit from a streamlined compliance infrastructure that dramatically reduces KYC costs while eliminating data breach risks. Meanwhile, developers can leverage a comprehensive SDK and API suite for rapid ecosystem integration and expansion.
As zkMe marks its second anniversary milestone, the platform recognizes the crucial role of community support in its development journey. The coming year promises to be transformative, as the maturation of tokenomics and decentralized governance structures will usher in a season of unprecedented rewards for early contributors. Through these concrete actions, zkMe shows that in this age of opportunity, privacy and compliance are not mutually exclusive choices, but complementary forces that drive industry progress.
“We’re not just solving today’s identity verification challenges,” Alex emphasizes, outlining a bigger vision. “Through self-sovereign identity management, users will actively match services and discover opportunities, creating real value from their own data. This embodies the true spirit of Web3: decentralization and anonymity, while giving users full control over their digital assets and identity data.”
About zkMe
zkMe builds zk Identity Oracles for truly decentralized and anonymous cross-chain credential verifications.
No personal information is ever processed by anyone other than the user himself. Data leaks & abuse by the service provider are impossible; full interoperability and reusability result in a superior ID solution. zkMe is the only FATF compliant KYC provider that is fully decentralized and offers a full range of products from anti-bit/anti-sybil to KYC and more.
Contacts:
E-mail: [email protected]
Website: http://www.zk.me
Twitter: @zkme_
Disclaimer: The information in this press release is not an invitation to invest nor is it intended as investment advice, financial advice or trading advice. Trading cryptocurrencies involves risks. There is a chance of losing money. It is highly recommended that you practice due diligence, including consultation with a professional financial advisor, before investing or trading in cryptocurrency and securities.
