Root Protocol (ISME), formerly NFT3, is an innovative project designed to create a unified operating system for Web3, aiming to simplify and enhance the user experience across various blockchain platforms and applications. It seeks to aggregate users' digital identities, virtual accounts, social graphs, and crypto demands into a single, intent-centric platform, allowing for seamless access to decentralized finance (DeFi) applications, management of non-fungible tokens (NFTs), and community connections.
This aggregation is facilitated through features like Root Dex, Root Lending, and Root Graph, which are integrated into one intuitive interface. Recently, Root Protocol has expanded its capabilities through integrations with LayerZero and Celestia, moving towards omnichain interoperability and a more sustainable layer 2 (L2) environment.
The protocol's native token, ISME, plays a crucial role in the ecosystem, incentivizing user participation, governance, incentivization, and fee payments. To ensure the integrity and success of its launch, Root Protocol is implementing a rigorous whitelist and Know Your Customer (KYC) process, partnering with Synaps for KYC/AML solutions. This approach underlines the project's commitment to regulatory compliance and community authenticity.
