Assetux OAT

What is Assetux OAT?

Assetux introduces an On-chain Achievement Token (OAT) system, which serves as a digital badge or credential that users can earn through various activities within the ecosystem. This system is fully compatible with Galxe Credentials, allowing seamless integration and validation of achievements through other platforms. The OAT system within Assetux not only incentivizes learning and participation but also bridges different blockchain communities through credential compatibility. It's designed to be intuitive, rewarding users for their curiosity and engagement in the crypto space.

The Assetux OAT system leverages blockchain technology to create a verifiable, privacy-preserving credential system. Here's how it integrates with zero-knowledge proofs (ZKPs) for community validation and selective group creation:

Zero-Knowledge Proofs in OATs: Assetux employs ZKPs to allow users to prove their achievements or credentials without revealing the underlying data. This means a user can demonstrate they've completed a task or hold a certain status (like being part of a liquidity pool or having staked a certain amount) without exposing any sensitive information.

On-Chain Recording: Achievements, once earned, are recorded on-chain as OATs. These records use ZKPs to ensure that the validation of these achievements can be done without compromising user privacy. When someone wants to verify an OAT, they're essentially checking the validity of a ZKP, which confirms the truth of the claim (the achievement) without exposing how it was achieved.

Community Validation and Selective Group Creation:

• Validation: Projects or individuals can validate community members' credentials using these ZKPs. For instance, if a project wants to create a group for high-stake investors or active traders, they can use OATs to verify these conditions without needing to see personal transaction details.

• Selective Groups: Based on these validated OATs, selective groups can be formed within the community. For example, a group could be created for users who have engaged in a certain volume of trading or have participated in governance activities. The privacy-preserving nature of ZKPs ensures that group creation is both selective and respectful of individual privacy.