Georgetown, Barbados / Toronto, Canada, Oct. 19, 2022 (GLOBE NEWSWIRE) —
Aftermath Islands Metaverse Limited, a controlled subsidiary of Liquid Avatar Technologies Inc, is the first organization to deploy blockchain-based verifiable credentials to provide Proof of humanity insurances and allows users to establish a digital footprint that proves they are a real individual without having to divulge sensitive government-issued identity or proof of address, creating a high level of trust or privacy in the Web3 world by establishing one user, one account confirmation. This system has the opportunity to play a much larger role in the new Metaverse ecosystem supporting interoperability, reducing fraud and cyberbullying, and potentially creating more efficient and effective business interactions for marketing and engagement. It also eliminates the need for usernames and passwords, using verified biometrics instead.
Powered by the Liquid Avatar Mobile App, available in most regions around the world, on the Apple App Store and Google Play, with an expanding global footprint, users can easily create an account and use similarity, device and age verification to establish an individual blockchain -based verifiable credentials using W3C principles to create a Meta Park Pass™. The Meta Park Pass™ can then be presented to Aftermath Islands’ free game to earn, The lost kingdom of T’Sara, to play on the platform without establishing a traditional username and password. Aftermath Islands will also distribute Meta Park Pass™ verifiable credentials to access Metaverse and other online programs as they become available.
Through the development of the Internet, both individuals and companies have had major problems with establishing trust-based relationships and verification. Data from the US Federal Trade Commission shows that consumers reported losing more than $5.8 billion to fraud in 2021, an increase of more than 70 percent from the previous year. A study released in July 2022 by Juniper Research found that the cumulative merchant losses to online payment fraud globally between 2023 and 2027 will exceed $343 billion. In August of this year, ECT News Network reported that one in three US social media users have multiple accounts on various platforms, based on a survey of 1,500 US social media users conducted by USCasinos.com. Of those with multiple accounts, almost half (48%) have two or more additional accounts. According to CBS, major social media sites took down over 1.4 billion fake accounts last year.
Liquid Avatar Mobile App and Meta Park Pass™ challenge conventional online wisdom that allows individuals and entities to create multiple user accounts, potentially leading to predatory and cyberbullying, targeting children and the elderly, and fake accounts that inflate user statistics on a platform. This system works to solve these problems for users and marketers by providing assurances that everyone in an online environment is a “real” person with 1 user only allowed 1 account, potentially increasing transparency and trust in online communities. Aftermath Islands Metaverse and The lost kingdom of T’Sara are the first platforms to use this technology, which can be easily deployed to other online games, websites, social media and e-commerce platforms.
The Liquid Avatar Mobile App and Meta Park Pass™ represent a major step forward for the digital identity and Metaverse realms to reduce, reverse and potentially eliminate negative trends using blockchain technologies. Without unique digital footprints for individual users, existing new platforms can suffer from the same problems of fraud, identity theft and limited value capture by platform participants that have long plagued a wide range of other industries, from finance and healthcare to insurance, education and more.
Aftermath Islands will use the Liquid Avatar Mobile App to create additional credentials for exclusive access to events where KYC (Know Your Customer) is required, and new and emerging opportunities in online education, business, gaming and other activities where proof of humanity and identity is required .
In accordance David Lucatch, CEO of Aftermath Islands Metaverse: “Aftermath Islands is excited to be the first organization to deploy Proof of Humanity and increase its value with real people, while eliminating the hassles of usernames and passwords, effectively creating a one-user, one-account system. With Web3 and Metaverse, we have an opportunity to change the mistakes of previous iterations of the Internet that failed to provide protections for privacy and data and assurances that only real people exist in an online space. We would never accept this kind of behavior in the real world, and we now have the opportunity to create safe and unique spaces that support digital footprints and all types of interactions between people, businesses and other parties.”
RJ Reiser, Chief Information Officer for Liquid Avatar Technologies added: “Liquid Avatar’s app allows users to control what they share, when they share and how they share, allowing them to manage, control and benefit from the use of their digital footprint using Meta Park Pass™ and other blockchain-based verifiable credentials. The system also includes features to create verifiable credentials and verify them, creating and supporting identity without the need for usernames and passwords.By combining these digital identifiers for participants and players on our platforms and within the growing constellation of emerging digital offerings and virtual platforms around the world, we’re making it easier for platforms and players to control their data and secure their privacy wherever they operate – virtually or in real life.”
Proof of Humanity offers similar services and promises to usher in a new era where we no longer rely on centralized forms of ID (such as those provided by governments or institutions) for verification or access to services and create assurances that everyone in an ecosystem is a real person. By using blockchain-based verifiable credential systems, systems can ensure that one user only has one account.
Proof of Humanity creates a verified database of unique registrants. When combined with solutions such as those provided by Liquid Avatar Technologies Inc. and first offered by Aftermath Island’s Metaverse, these offerings open up a wide range of new use cases in multiple domains across virtual and Metaverse experiences, as well as at the intersections of the real and online worlds. These include online gaming, withdrawing money from online wallets and obtaining real-world services using digital footprints.
To view a demo of the Liquid Avatar Mobile App and Meta Park Pass™, visit Liquid Avatar’s Youtube page.
About Aftermath Islands Metaverse Limited
Aftermath Islands Metaverse Limited is a Barbados company 50% owned and controlled by Oasis Digital Studios Limited, a wholly owned subsidiary of Liquid Avatar Technologies Inc (CSE:LQID / OTC: LQAVF / FRA: 4T51. Aftermath Island Token Limited, a wholly owned subsidiary of Aftermath Islands Metaverse Limited, is a British Virgin Islands company
Aftermath Islands Metaverse is an open-world, graphically realistic virtual world where users can buy, develop, trade and sell Virtual Land (VL), property and items using in-game NFTs. From games to earn money to online experiences, co-op, immersive entertainment and more, Aftermath Islands brings live streaming, high-definition graphics, exemplary interactivity, real-world mechanics and countless new services and experiences to players around the world. Built on the philosophy of decentralization and financial inclusivity, the platform promises to provide captivating experiences that allow people around the world to earn their way into virtual land ownership.
Learn about Aftermath Island’s virtual worlds here and read about how the project is reimagining Metaverse experiences in the future in the project light paper and sizzle reel.
Media contact:
Robert Pennington
Via KISS PR Blockchain PR distribution for Aftermath Island’s Metaverse
