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Creditlink Raises $40.16 Million in One-Hour Pre-Sale for Web3 Credit and Identity Project

Creditlink's decentralized project has raised $60 million and 1.1 million FORM tokens in just four hours, aiming to transform Web3 finance with AI-powered on-chain identity and credit systems.

Summary

Creditlink (CDL) raised approximately $60 million and 1.1 million FORM tokens in its pre-sale within four hours. The decentralized project focuses on building an AI-driven on-chain identity verification and credit scoring system, marking a significant step toward inclusive, uncollateralized Web3 finance.

Terms & Concepts
  • Web3 Finance: A decentralized financial system built on blockchain technology, focusing on user control, transparency, and smart contract automation.
  • On-chain Identity Verification: A process where a user's identity is verified through blockchain technology, ensuring transparency and security of personal information.