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Meet Clique: An Identity Oracle That Brings Web2 User Behaviors to Web3by@ascend
13,966 reads
13,966 reads

Meet Clique: An Identity Oracle That Brings Web2 User Behaviors to Web3

by Ascend AgencyOctober 31st, 2022
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Clique is launching a decentralized identity-oracle protocol that re-imagines the way user social behaviors can be utilized for community marketing, brand awareness, and creator output. The platform empowers *their community* to easily find and reward users for garnering attention about their products or services. Users can enter their platform, which then compiles information across different social media accounts (e.g., Twitter, Instagram, Facebook) and content distribution services. The privacy-preserving oracle technology ensures that user data is safe; it is not collected and sold to third-party companies.

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The founders of Clique, an identity-oracle protocol connecting web2 and web3, are proud to announce its first alpha launch this winter. Their first product will allow users to securely share social media and content consumption behaviors with interested parties. Their initial partners include on-chain social graphs, DID protocols, NFT projects, web3 games, guilds, and web2 IPs/brands.


About Clique — How it Works


Clique is launching a decentralized identity-oracle protocol that re-imagines the way user social behaviors can be utilized for community marketing, brand awareness, and creator output.

On the surface, Clique provides projects, protocols, brands and IP owners with an ingenious way to incentivize community engagement and user-generated content (UGC), one of the most valuable and organic types of marketing. It also provides a way for companies to send their marketing budget and other rewards straight to the consumer, saving on expensive rewards programs and PPC advertising. In a nutshell, the platform empowers their community to easily find and reward users for garnering attention about their products or services.


Users can enter their platform, which then compiles information across different social media accounts (e.g., Twitter, Instagram, Facebook) and content distribution services (e.g., YouTube). Tech like privacy-preserving oracles and authentication middlewares are used to prove end-user behavior and reputation. As a result, original creators are made aware of fans at multiple levels from UGC contributions to basic engagement, and can reward them accordingly.


Generic influencer marketing has become extremely popular over past years; however, the traditional method can be costly and audience limiting. With Clique, projects and brands alike can incentivize fans and contributors of their products or services directly.


Why is this important?


Bootstrapping communities and scaling engagement is a challenge commonly faced by many projects and brands. Clique’s interoperable platform design allows anyone to participate without risk. So, companies don’t need to pay substantial upfront fees or spend time dredging up social credit. Instead, they can scale rewards for all users and fans based on provable contributions to build networks from the ground up. User’s can easily participate in the various programs run by Clique, since they are being incentivized for user behaviors they are already enacting on a day to day basis.


Overall, Clique gives companies an opportunity like never before by facilitating direct consumer-to-product/service engagement and interaction. Brands, companies, and projects can use Clique to save those precious marketing dollars, while fans get to enjoy rewards and discounts for interactions and behaviors they already have. To top it off, their privacy-preserving oracle technology ensures that user data is safe; it is not collected and sold to third-party companies for future use.


Visit the Clique website to stay on top of developments as the group at Clique continues to test their proof of concept. Those interested in getting in at the ground level as a primary marketer can contact the team at the email below.


More About Clique


The team has raised $3 million in seed funding earlier this year from investors including GGV, AllianceDAO, Infinity Ventures Crypto, Qiming Venture Partners, SevenX, Sky9, Mirana Ventures, Smrti Lab, Mask Network, SNZ Crypto, Dweb3, Formless, Redline DAO, Artichoke Capital, Tess Ventures and various angels. Clique was previously incubated at Stanford Blockchain Accelerator. They were also in the last cohort of AllianceDAO (ALL8).


Recently featured in Bloomberg.com, the team is currently building out the public alpha version of their product. The founders Kevin Yu and Jaden Yan have a strong vision of the identity/privacy space and firmly believe that it will play a significant role in the way social networks grow and evolve over the coming years.