TON Innovators: Nomis
Welcome to TON Innovators, our blog series celebrating the cutting-edge projects and brilliant minds within the TON Ecosystem. Today, we feature Nomis Protocol, a leading on-chain reputation system that uses Soulbound Tokens (SBTs) stored in users’ wallets. Nomis Protocol launched on TON on July 4, aiming to revolutionize how user activity is assessed and rewarded.
Nomis Protocol has already seen widespread adoption across major ecosystems like Blast, Scroll, Linea, LayerZero, zkSync, and Polygon zkEVM. Its scoring solution effectively filters out Sybils, ensuring fair distribution of rewards and safeguarding these ecosystems.
As more users adopt this on-chain reputation system, the TON and Telegram communities will benefit from a stronger, more connected network. With its launch on TON, Nomis Protocol has the potential to redefine digital interaction in the Web3 space, fostering a more trusted and user-centric industry.
This interview is for informational purposes only and does not constitute an endorsement, approval, or recommendation of the project. The views and opinions expressed in this interview are those of the interviewee and do not necessarily reflect the views of the TON Foundation. This is not investment advice.
Nomis! Welcome to TON! Can you tell us about the inspiration behind your project and how the idea of an on-chain reputation system came about?
Hey! Thanks for having us! We are extremely proud to become a part of TON Ecosystem and safeguard it with our unique solution. Let’s start from the beginning.
Before this project, the team collected data from open internet sources and built mathematical models using neural networks. At some point, we questioned the availability and openness of large amounts of information. This led us to analyze blockchain data due to its transparency.
The first version of our product was designed for DeFi projects to revolutionize loan issuance with excess collateral. We proposed adjusting the collateral amount based on the borrower's score, similar to the real-world process. As the project evolved, we developed a Web3 reputation system that can be applied to a broader range of projects, allowing providers to offer personalized conditions based on the scoring.
How does the Nomis scoring model work, and what parameters are considered when assigning a score from 0 to 100?
The Nomis Scoring Algorithm leverages 50+ onchain data points around a wallet and AI-powered mathematical modeling technologies, and sits on an infrastructure connected to 45+ top TVL blockchains and more than 30 data sources, including block explorers, Chainanlysis, HAPI, Greysafe, Snapshot, etc.
It collects such wallet activity data as:
- Number of deployed smart-contracts
- Wallet balance
- The movement of funds on the wallet
- Total сonfirmed and rejected transactions on wallet
- Time since the last transaction
- Value of all holding tokens
What challenges did you face while developing Nomis Protocol, and how did you overcome them?
Firstly, since no one had comprehensively addressed this issue before us, we essentially created a reputation layer for Web3 from scratch, considering all the features and challenges of such a large-scale task.
We encountered numerous problems, but we successfully resolved them. These included scaling the solution across various blockchains (Multichain Score, Crosschain DeFi Score, LayerZero Score, and others) and efficiently collecting wallet information from multiple sources quickly and comprehensively for scoring.
We also faced non-technical challenges, such as explaining to users (drophunters, degens, or normies) the importance of monitoring their Web3 reputation and its potential impact on them.
A significant amount of organizational, technical, and strategic work has been done to bring Nomis Protocol to its current state.
How will the integration of Nomis Protocol with TON Blockchain enhance the overall ecosystem?
We believe that onchain reputation can unite all power users and builders in one place — Web3. Increased onchain actions result in higher ecosystem volume and TVL. The more users contribute, the more they should be rewarded. This cycle determines the success of every project and product.
It's simple: to get a higher TON Score, users need to stay active on chain. This includes collecting unique activity days, making transactions, depositing, withdrawing, and using as many products as possible to sustain TON activity. As a result, TON Ecosystem grows. To reward this activity, we offer TON holders various options to leverage their Score and receive proper rewards. We gather all TON power projects and their offers on our ScoreFront. Just pick an offer and claim your rewards. Rewards are given simply for being a TON Score holder and supporting the ecosystem!
Can you explain the significance of Soulbound Tokens (SBTs) in Nomis Protocol and how they contribute to user reputation?
Soulbound Tokens are unique, non-transferable assets tied to individuals. Unlike traditional tokens, SBTs are permanently linked to their owner and cannot be transferred. They are used in personalized rewards and loyalty programs to signify achievements and unlock privileges.
SBTs are also essential for reputation systems, building trust and credibility through users' historical transactions. Nomis Scores are SBTs and Nomis uses it exactly for this purpose.
Minting your Nomis Score means getting the NFT of your onchain activity in your wallet. Each onchain action alters your Score, necessitating updates and re-minting, creating a new Score and NFT.
Nomis Score highlights blockchain's potential beyond finance, offering recognition and rewards to users while serving as a tool for project engagement and management. By aligning user activities with ecosystem rewards, Nomis Score sets a new standard for valuing contributions in the digital age.
Can you explain how Nomis Protocol protects users and enhances security?
The Nomis scoring model uses advanced machine learning methods to evaluate various parameters and determine a user's score. This score reflects the user's reputation within the ecosystem and indicates their relative usefulness.
We do not store any sensitive or personal user data. Additionally, the data we use for scoring is publicly available and visible to everyone. We simply know how to analyze and use it competently.
Can you share some success stories or case studies where Nomis Protocol has made a significant impact in other ecosystems?
Nomis is one of the attesters for Linea, providing users with Proof of Humanity. During the Linea Park Campaign, the total value of minted Linea Scores reached $1 million, propelling the Nomis smart contract to the top spot on Linea. Overall, Nomis issued 251,000 attestations through Linea Park.
Additionally, Nomis was an attester for BAS Attestation and ran a solo campaign on Bast to increase its number of unique power users. Nomis also helped QuickSwap to distribute the $MANTA airdrop among Galxe participants in the QuickSwap campaign using Multichain Score powered by Nomis.
The team provided a solution with its data analytics and wallet scoring system to reward power users, with additional rewards for those with high onchain activity, effectively deterring Sybils and bots. Thus, Multichain Score holders received extra 10% of $MANTA.
How does Nomis Protocol plan to engage and educate the TON and Telegram communities about the benefits of on-chain reputation systems?
Nomis is a protocol, meaning it can be utilized for various scenarios in permissionless yet trustless ways by anyone or any project. While it has been primarily used for Sybil prevention, our broader vision is to ensure fair rewards distribution for contributors, early adopters, and active participants. In line with this, we developed ScoreFront — our own product built on the top of the protocol. This platform allows Nomis Score holders to convert their onchain reputation and crypto traction into eligibility for a wide range of rewards: airdrops, whitelists, points multipliers, discounts, unique access, rates, powers, and many more. Essentially, the higher your Score, the better your chances of receiving personalized and beneficial experiences, acknowledging you as a real power user.
Our primary goal in deploying on TON was to deliver meaningful and personalized experiences for TON Score holders from the very beginning. The launch of the protocol wouldn’t have been as impactful for ordinary users without the adoption by the ecosystem projects. These integrations provide rewarding experiences by ScoreFront offerings, and also enhance security and efficiency for end users of other dApps. Here are notable projects utilizing our solution: StormTrade, Aqua Protocol, STON.fi, Nimbus, DeDust, Tonkeeper, Addickted, DeGuard, Wonnie, XYRO, DAOPEOPLE, Pumpers, Campfire, with many more to come in the following months!
In summary, Nomis Protocol, through ScoreFront, engages and educates the TON and Telegram communities by highlighting the benefits of onchain reputation systems and offering valuable experiences and rewards for active Web3 participants.
What future developments or features can we expect from Nomis Protocol after its launch on TON?
First, we aim to expand the impact of TON Score on the TON Ecosystem, enabling most protocols to use it to protect their users and distribute value more equitably. To achieve this, we are actively pursuing various partnerships.
Additionally, beyond the Nomis’ TON Score, projects will establish an ecosystem where user reputation is paramount. We provide the necessary infrastructure, handling the most challenging aspects of user scoring.
Regarding our future developments, we have prepared our own quest platform. On this platform, we plan to launch a global ecosystem quest for TON. This quest will attract projects from the ecosystem interested in high-quality, engaged users, as well as users from other ecosystems with whom we have successfully interacted for some time. These users will be encouraged to explore TON and its ecosystem projects.
We also created Web3Social Score for Cyber that scores activity on Base, Ethereum, Blast, and even Farcaster. Similar to this Score, we plan to create a Social Score that reflects the social activity of users, influencers, and channel owners. Drawing from our relevant experience, we aim to offer all parties the opportunity to monetize their Social Score through various mechanisms, including gamification.
This initiative, we believe, will attract more attention to TON and drive mass adoption.
What advice would you give to other developers looking to build on TON, especially those interested in creating socially-oriented solutions like Nomis?
Start developing now while the TON ecosystem is still growing. This is the perfect time to build on TON. Integrate Nomis Score into your applications to reward your most active users, and they will bring you even more benefits. Contact us; we are always open to collaborations and partnerships!