zkMe The 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 full tokenomics model in 2025.
As a decentralized identity infrastructure powered by zero-knowledge proofs, zkMe provides private and secure identity verification with enhanced data protection. The platform allows users to authorize multi-chain applications with a single verification, serving as an all-in-one cross-chain identity solution. Through its decentralized network of nodes, zkMe Network ensures transparent verification processes while allowing users to maintain control of their data and earn rewards through sharing credentials.
As the Web3 industry faces increasing regulatory demands, with the European MiCA regulation coming into force in 2025, zkMe’s zero-knowledge proof technology continues to set the standard for privacy-preserving compliance solutions. The platform’s innovative approach has been recognized by leading investment firms, securing total funding of over $6 million, including a recent $4 million seed round led by Multicoin Capital with participation from OKX Ventures and Robot Ventures.
“In the digital age, confidential data can be your most valuable personal asset,” says Alex Scheer, founder and CEO of zkMe. Born in Germany, Alex’s vision for data sovereignty was born from deep thinking about 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 comprehensive privacy solution,” says Alex.
Perhaps what’s most striking about zkMe is the team’s approach to building. “Think of us as modern digital artisans,” shares Alex enthusiastically. “We have the precision of German engineering, but we move at the speed of Web3. While others focus on building fanciful narratives, we are building an identity infrastructure that deploys advanced identity solutions on 20+ 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 impeccable – that’s the standard we set for ourselves. » This patient, methodical approach has served them well in an industry often characterized by hype cycles.
The team’s market assessment quickly proved correct. “The market response has been remarkable,” says Alex. “We see users actively seeking our privacy solution, especially given their growing concerns about identity data breaches. Leading investors have also recognized this potential and support our vision with their support. These strong signals confirm what we thought all along. – that decentralized identity verification would become essential for the future of Web3.”
zkMe has partnered with over 70 Web3 projects across various industries, including real-world asset (RWA) integration, on-ramp and off-ramp platforms such as Plume and Xion Global, and projects DeFi and gaming infrastructure like KyberSwap, Hinkal, Singularity and CARV. The platform’s mobile application reached 33,090 downloads and processed over 660,000 user attestations, demonstrating strong user adoption and strong 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 verification while meeting compliance requirements
Reusable Credentials: An all-in-one identity verification solution that unlocks access to multi-chain applications with a single verification
zkMe Identity Network: A decentralized network that ensures transparent verification processes while allowing users to control their data and earn rewards through 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 key pillars:
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Early supporters will receive ecosystem rewards through a structured incentive mechanism
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Active users will get priority rights in future value distribution events
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Data contributors will benefit from a sustainable value sharing system
The strong technology foundation enables zkMe to deliver unique value across the entire Web3 ecosystem. For users, the platform ensures true data sovereignty, enabling both secure verification and value capture through reusable credentials. Projects benefit from a streamlined compliance infrastructure that significantly reduces KYC costs while eliminating data breach risks. Meanwhile, developers can leverage a full suite of SDKs and APIs for rapid ecosystem integration and expansion.
As zkMe celebrates its second anniversary, 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 pave the way for an unprecedented rewards season for early contributors. Through these concrete actions, zkMe demonstrates that in this age of possibility, 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, describing a broader vision. “With autonomous identity management, users will actively associate 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 themselves. Data leaks and misuse by the service provider are impossible; complete interoperability and reusability results in a superior identification solution. zkMe is the only FATF-compliant KYC provider to be fully decentralized, offering a full suite of products from anti-bit/anti-sybil to KYC and more.
Contacts:
Email: (email protected)
Website: www.zk.me
Twitter: @zkme_
Disclaimer: The information provided in this press release does not constitute an investment solicitation nor is it intended to constitute investment advice, financial advice or trading advice. Cryptocurrency trading involves risks. There is a risk of loss of funds. It is strongly recommended that you perform due diligence, including consulting a professional financial advisor, before investing in or trading cryptocurrencies and securities.
