SELF Crypto (SELF)

What is it?

SELF is a fully decentralized token that enables users to create their own Web3 identity. The project utilizes Non-Fungible Token (NFT) technology to provide a seamless user experience, eliminating the need for complicated address strings and connecting diverse elements across the web, ranging from wallets and emails to official documents and loyalty cards​.

The SELF project focuses on enhancing the user experience in the crypto space by making it simpler and more intuitive. Its goal is to develop a platform where all crypto-related actions, from sending and receiving funds to managing loyalty cards, can be carried out under a single identity. A central feature of the SELF ecosystem is the ability to upgrade the NFTs that represent user identities, adding avatars or other enhancements to enrich the user's digital persona. The platform also features auto-chain recognition, which simplifies the process of sending and receiving cryptocurrencies by automatically detecting the relevant blockchain data associated with the SELF-identity.

What is it used for?

The SELF token has a variety of uses within the platform. Users can purchase unique SELF identities (represented as usernames), participate in auctions for high-value usernames, and stake their SELF tokens to earn passive income. The SELF token also plays a role in service fees and secondary transfer fees, making it central to the ecosystem. The platform aims to work with any wallet, exchange, or platform, further increasing the token's utility. The SELF ecosystem is designed to evolve and expand, with planned future features including the integration of loyalty programs and blockchain-stored documents​.

Who created it?

The SELF project was created by a team of professionals with diverse backgrounds and expertise. The team is led by CEO Enrique Ferrater, a blockchain specialist with over a decade of experience in the crypto industry.