“In the current web3 ecosystem, identity is the holy grail problem that remains unsolved," said Haseeb Qureshi, Managing Partner, Dragonfly Capital. “Many projects are starting to take steps to ensure that their users are real people rather than bots, and Quadrata serves this need. As developers continue bringing utility to web3, Quadrata’s already robust use cases will play an instrumental role in making participating in the technological revolution safer and easier.”

https://www.businesswire.com/news/home/20220712005167/en/Quadrata-Announces-7.5-Million-Seed-Round-Led-by-Dragonfly-Capital