Liquid Avatar Technologies Inc. is a blockchain company that provides one service: Proof-of-Humanity.
Essentially, Liquid Avatar provides Software-as-a-Service (SaaS) solutions that prove customers, users, and players are human beings. More importantly, Liquid Avatar claims its SaaS solutions create and validate verifiable identity credentials.
Hence, Liquid Avatar’s platform verifies a user’s identity and humanity. The platform is the Liquid Avatar Network. Importantly, Liquid Avatar’s core business is digital identity.
Liquid Avatar verifies identities through Avatars and operates Oasis Digital Studios, which builds nonfungible tokens (NFTs) for the Liquid Avatar Marketplace and the Meta Hero Project.
How Liquid Avatar Manages Digital Identity
The gateway to the Liquid Avatar Network is the Liquid Avatar Mobile App.
The App allows users to control what they share, share contact, social, media, and credentials and manage online credentials. Liquid Avatar gives users four levels of digital identity protection: a Visual/Presentation Layer, a Public Data Layer, a Private Data Layer, and a Security Layer.
Users can manage their online credentials and chose a level of security. The Liquid Avatar Mobile App can also verify other users’ credentials. Hence, you can determine if you the person you are dealing with is a human being and is who they say they are.
Users can build image-based icons or avatars with the Liquid Avatar App and create a Personal Passport that contains both private and public information. The Personal Passport allows users to enter games, metaverses, e-commerce websites, and other platforms.
Liquid Avatar Technologies offers customizable SaaS solutions for many entities including hotels, sports facilities, healthcare facilities, travel providers, destinations, e-commerce platforms, information services organizations, education institutions, governments, and others.
For example, Liquid Avatar is providing verifiable identity and credentials for Vector Health Laboratories. Vector uses the avatars to verify patients’ identities for medical testing.
Vector offers Vector Perimeter System, a platform that lets users monitor their health in real time. Patients will use Liquid Avatars to access the Vector Perimeter System.
Liquid Avatar’s Verifiable Credentials combine a digital avatar with biometric and bank-grade verification and validation services. For example, Verifiable Credentials can help financial institutions comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements.
Liquid Avatar DeFi
Liquid Avatar plans to combine verifiable credentials with decentralized finance (DeFi).
For example, the Liquid Avatar Verifiable Credentials Ecosystem (LAVCE) is a secure peer-to-peer (P2P) network that connects individuals, credential providers, businesses, and organizations.
Users’ access verifiable credentials through a digital wallet LAVCE provide through the Liquid Avatar Mobile App or partner apps. LAVCE uses biometric and blockchain-based integration solutions to verify the user’s humanity and identity. Moreover, LAVCE can request specific information such as home address or age.
LAVCE protects users’ privacy by verifying a user’s identity and keeping it a secret. For example, LAVCE can verify a player’s identity without telling a gaming platform. All the platform receives is a transaction verification that does not reveal the player’s identity. This can keep financial information such as credit card or bank account numbers secret.
In addition, Liquid Avatar plans LQID the first-ever payment card and loyalty program for the Metaverse. They also plan an e-commerce platform they call Liquidshopz.
Liquid Avatar Games and Metaverse
Liquid Avatar’s Oasis Digital Studios are building their own metaverse Aftermath Islands as a proof-of-concept.
They hope Aftermath Islands will offer users theme-based Augmented Reality and Virtual experiences, games, and e-commerce. Aftermath Islands is a post-apocalyptic world of islands, estates, and communities. Each island offers a unique environment for play and exploration. For example, there are pirate islands, Western islands, and futuristic islands.
Players access Aftermath Islands and the individual islands through Liquid Avatar’s Meta Park Pass. The Meta Park Pass is a digital passport that provides access to Aftermath Islands. An excellent way to think of Aftermath Islands is as a digital theme park similar to Disneyland. Hence, the Meta Park Pass is Liquid Avatar’s version of Disneyland’s Magic Key Passes.
Aftermath Islands promotes blockchain commerce by issuing pre-launch NFTs users can redeem for virtual land and collectibles on the Wax (WAXP) blockchain. They divide the islands into Virtual Land (VL) parcels. The VL parcels give owners autonomy over content published on land. Users can buy, develop, and trade Virtual Land, property, and other items as NFTs on Wax (WAXP) through Aftermath Islands.
They plan to integrate a verified user program and a LQID financial services card into Aftermath Islands. Liquid Avatars claims LQID will be the first-ever payment card and loyalty program for the Metaverse.
Liquid Avatar Game generates 150,000 Resource Pack NFTs
They have launched the first free play-to-earn resource adventure game to in the Aftermath Islands Metaverse: The Lost Kingdom of T’Sara (LKoT). In LKoT players control minions that gather resources they can turn into Resource Pack NFTs use in-game in the Aftermath Islands Metaverse.
LKoT players generated 150,000 Resource Pack NFTs between late October and 5 December 2022, a Liquid Avatar press release claims. They are using LKoT to test Liquid Avatar’s Proof-of-Humanity technology. Liquid Avatar claimed LKoT was generating 6,000 Resource Pack NFTs a day in December 2022.
Eventually, LKoT players cano trade Resource Pack NFTs through Metaverse Marketplace and buy and sell Resource Pack NFTs with the Doubloons (DUB) in-game currency.
Creator Meta Labs built LKoT. Creator Meta Labs is the development arm for the Aftermath Islands Metaverse.
Meta Hero Project and Oasis Digital Studios
To facilitate gaming, Liquid Avatar is building the Meta Hero Project – a 3D Avatar platform.
The Meta Heroes are game avatars for Aftermath Islands that players can use for other activities and games. The Meta Hero Project makes money by selling Meta Heroes. Users pay $500 to $5,000 for Meta Hero kits. They can also buy a Meta Hero Random Blind Box for $800 per kit. Creator Meta Labs builds the Meta Heroes.
Oasis Digital Studios is a technology and services agency Liquid Avatar partners with. Oasis Digital Studios builds the NFTs for Liquid Avatar games and solutions. Oasis claims to build NFTs with cinematic quality, motion, sound, and special effects. Each Oasis Digital Studios NFT comes with an Augmented Reality Experience built by Liquid Avatar.
Does Liquid Avatar Technologies Make Money?
Incubella named Liquid Avatar Technologies Inc (OTC: LQVAF) a top 100 Web3 Company in Canada.
Liquid Avatar is generating a little money from its operations. It reported revenues of $2,292 Canadian Dollars for the three months ending on 30 September 2022.
Plus, Liquid Avatar reported $2.160 million in Assets and $3.969 million in liabilities on 30 September 2022. Those assets included $52,056 in cash and $165,313 in accounts receivable. Liquid Avatar reported a comprehensive loss of -$2.355 million and a net loss of -$2.211 million on 30 September 2022.
Interestingly, Liquid Avatar is a publicly traded company. It trades on Canadian Over the Counter Markets as Liquid Avatar Technologies Inc. (LQAVF). LQAVF had a 15₵ share price on 8 December 2022.
I think Liquid Avatar is an interesting OTC stock have it is a risky speculative investment. If you want a cheap security, defi, and blockchain stock. I think Liquid Avatar is worth investigating. I suspect Liquid Avatar could make money from NFTs and identification products.
