First to understand the reason of the investment let's look at LITENTRY fundamentals:
- Decentralized identity authentication and user activity data management Infrastructure. Build on Substrate, Ready for Polkadot. Litentry is helping support change that is in favor of a user-centric network with the blockchain. Litentry includes an identity-based network and related tools, features an identity matching and identity staking mechanism, as a whole it consists of decentralized identity and user activity data management infrastructure.
Litentry is a project that is developing a platform to aggregate and manage decentralised identifiers (or DIDs) across numerous different blockchains
It is a platform that projects and protocols can use to manage and use DIDs as an input into new and exciting features. More importantly though, Litentry is trying to build a protocol that will allow these DIDs to be used privately and securly.
Basically speaking, Litentry is ready to be a parachain on POLKADOT ecosystem.
TA factos:
1- From the TA point of view, LITENTRY is completely oversold, with interesting indicators. To me Litentry has 100 USD potential at least. I am in.
- Decentralized identity authentication and user activity data management Infrastructure. Build on Substrate, Ready for Polkadot. Litentry is helping support change that is in favor of a user-centric network with the blockchain. Litentry includes an identity-based network and related tools, features an identity matching and identity staking mechanism, as a whole it consists of decentralized identity and user activity data management infrastructure.
Litentry is a project that is developing a platform to aggregate and manage decentralised identifiers (or DIDs) across numerous different blockchains
It is a platform that projects and protocols can use to manage and use DIDs as an input into new and exciting features. More importantly though, Litentry is trying to build a protocol that will allow these DIDs to be used privately and securly.
Basically speaking, Litentry is ready to be a parachain on POLKADOT ecosystem.
TA factos:
1- From the TA point of view, LITENTRY is completely oversold, with interesting indicators. To me Litentry has 100 USD potential at least. I am in.