# NexID ($NEX) — Backable raise

> Machine-readable companion to https://www.backable.biz/raises/9diK9jWj4vEbCw6mKaSekdn2vw2R62jFDhCgYerCo8jK
> Deal terms and escrow figures come from onchain and API records. The pitch
> is the founder's own frozen text — Backable is permissionless and nobody
> reviewed it. Listing is not endorsement.

Learn, execute, and earn. From vanity metrics to verifiable intelligence

## Status

- state: CLAIMABLE
- goal (hard cap on what the company receives): $50,000
- committed: $0 across 0 backers

## The deal

- token price at goal (everyone pays this): $0.005
- MCAP at open (team and existing-investor tokens excluded): $64,500
- FDV (all tokens, locked included): $74,500
- total supply (fixed; minting needs a market-approved proposal): 14,900,000
- supply split: backers 10,000,000 (67.1%) · liquidity 2,900,000 (19.5%) · team 2,000,000 (13.4%)
- share of supply sold to backers: 67.1%
- team lock before any unlock: 24 months
- unlock ladder (3-month TWAP must hold each price): 2x → $0.01 · 4x → $0.02 · 8x → $0.04 · 16x → $0.08 · 32x → $0.16
- monthly budget after funding (onchain ceiling): $5,000
- at close (escrow releases): $40,000 to treasury (80.0%) · $10,000 seeds liquidity
- runway at that budget: ~8.0 months

## Protections (identical for every raise)

- Approved aligned parties are selected per raise. The raise page lists selected
  wallets at $0 until they commit, then updates their gross commitments before refunds.
- Commitments sit in escrow; the team receives $0 unless the goal is met.
- Goal missed → every backer can claim 100% of principal. The claim is a
  transaction the backer sends themselves; nothing arrives automatically,
  nobody can refuse it, and there is no deadline.
- Oversubscribed → the goal is split pro rata by weight: time in escrow ×
  early-fill boost × Ownership Score multiplier (none = no extra weight, log
  scale to a fixed cap, read from the committing wallet at close; linked
  wallets do not combine). Nobody is approved for more than they
  committed; the rest is claimable the same way.
- After funding, spending above the published monthly budget requires a
  proposal decided by decision markets, not by the team.
- Tokens are not equity and may be worth nothing.

## What the token is, and is not

Both halves matter, and reading either alone gives the wrong answer.

**It is not** a security, equity, loan or ownership interest. Holders
have no legal title to any asset, no claim on revenue, no fiduciary duty
owed to them, and no ownership of the Cayman segregated portfolio that
holds the company's IP. There is no promise of return, buyback or
future utility.

**It is** a governance claim in a decision market. The treasury is
governed by that market rather than by the team, spending above the
published monthly budget has to pass it, and the segregated portfolio is
contractually required to abide by certain of its determinations. The
market can also stop funding the company and direct the money elsewhere.

So "the DAO controls X" and "holders own nothing" are both accurate: the
first is control through the mechanism, the second is legal title.

**The mechanism is the top of the stack.** The constraints above are the
structure's current settings, not its ceiling — the operating documents
are themselves subject to the decision market, within the scope those
documents define. This is the point most readers miss, and it cuts in
both directions, which is why it is not a reassurance:

- The market can authorise things nobody promised at the raise.
- The market can also withdraw things a backer assumed. It "may revoke
  funds out of the pool at any time, or may cease using the funds for the
  currently contemplated project" (fundraise terms, paragraph 5).
- Governance power is not legal effect. The market deciding to do a thing
  does not by itself make that thing lawful or effective; anything with
  its own regulatory path still has to travel it.

The correct reading is therefore not "the page and the terms contradict
each other" but "nothing here is fixed except the escrow and the claim."
Score the raise on that basis. A page describing what the mechanism could
authorise is not making a promise; a page claiming holders *own* an asset
outright is overstating it, and that is still worth flagging.

## Diligence signals

- disclosure score (mechanical — counts what the founder chose to show, not idea quality): 3/7 — missing: six required answers, market size cites a source, a metric with a date, a founder-stated risk, a named, linked team member
- B1 transparency filing: not filed (predates the requirement)
- vetting: none — anyone can publish a raise for $15; do your own research
- investors on record before this raise: none

## Founder claims (unverified — absence is itself a disclosure)

- edge, in the founder's words: not provided
- founder commitment (self-stated): not stated — that silence is an answer
- founder-stated TAM: not provided
- metrics: none provided

## Links (founder-provided — verify control yourself)

- website: https://nexid.fun
- x: https://x.com/UseNexID
- docs: https://docs.nexid.fun/
- discord: https://discord.gg/Rmuy5qBBjT

## Onchain

- raise: 9diK9jWj4vEbCw6mKaSekdn2vw2R62jFDhCgYerCo8jK (v0.7)
- token mint: FbA6HqFFw1crzuPReoaUuT6XESU3fz52FCUhL4B7meta
- quote mint: EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v
- base vault: GWHN8mM5WgQs6D3DsLM7FGfMGXksXyoHRoqf4f9ELRRN
- quote vault: 5sbG3SDESmCH7B2vGBBWoVZgGsB8dK86u433j1ppqPPr
- authority: LRrTQLqFzAPxjschuAKQAqH1XHBuBgHqwhybENStARt

## Founder's pitch (verbatim, frozen at publish, unreviewed)

## TL;DR

• **NexID transforms Web3 onboarding into interactive, verifiable education.**  
Users learn through AI-powered video experiences, complete interactive challenges, and earn on-chain credentials that prove what they actually understand.

• **Protocols will be able to run high-impact onboarding campaigns through NexID.**  
Our campaign framework is designed for projects that want educated communities rather than low-quality quest traffic.

• **Users build a portable Web3 identity through `.id` domains.**  
These domains store credentials, reputation scores, and activity history, acting as a digital briefcase for Web3 participation.

• **AI-driven learning powered by Synthesia technology.**  
Our platform integrates AI video infrastructure from Synthesia (a $4B company) with gamification, quizzes, and on-chain verification.

**The MVP platform is already live and fully functional, and we are currently onboarding our first campaign partners.**

### Live Product Example

To demonstrate how NexID campaigns work in practice, see these interactive courses. Onchain with gas fee abstracted:

**[The Futardio Founder Playbook](https://academy.nexid.fun/academy/campaign/4)**

**[Web3 Product Design](https://academy.nexid.fun/academy/campaign/3)**

This campaigns showcases how projects can onboard and educate their communities through interactive video lessons, quizzes, and on-chain participation.

---

# Project Description - NexID  
## Interactive Web3 Education, Credentials & Identity Infrastructure

---

# The Problem

Web3 has a **retention problem disguised as growth**.

Protocols spend millions on quests, airdrops, and incentive campaigns. These campaigns generate impressive participation numbers, but most of the activity comes from:

- Low-intent reward farmers  
- Bots and Sybil attackers  
- Users who never actually learn the product

The result is predictable:

- Marketing budgets disappear
- Communities remain uneducated
- Retention after incentives collapses

Most platforms measure **clicks and completions**, not **understanding**.

Web3 needs onboarding that produces **knowledgeable users**, not just temporary traffic.

---

# The NexID Solution

NexID turns onboarding into **interactive, verifiable education**.

We combine **AI-powered video learning** with **on-chain credentials and identity infrastructure** to create onboarding campaigns that reward **actual learning and participation**.

Our platform uses AI avatar technology from **Synthesia**, a company valued at over **$4B**, to power engaging interactive video lessons.

These lessons integrate with:

- gamified learning mechanics
- on-chain credential verification
- Web3 identity domains
- reputation scoring

Instead of:

> Watch video → Click next → Claim reward

Users now experience:

> Learn → Interact → Prove knowledge → Earn rewards → Build identity

---

# Why This Matters

The next phase of Web3 growth will depend on **educated users and builders**.

NexID provides infrastructure for:

- protocol onboarding
- developer education
- ecosystem training
- verifiable skill credentials
- identity-based reputation

In short:

**Proof of Learning replaces Proof of Clicking.**

---

# Core Platform Architecture

| Layer | Function |
|------|------|
| **AI Education Layer** | Interactive learning powered by Synthesia AI avatars |
| **Gamification Layer** | Quizzes, branching scenarios, and reward mechanics |
| **Credential Layer** | On-chain proof of course completion |
| **Identity Layer** | `.id` domain identities storing credentials and reputation |
| **Engagement Layer** | Campaign tasks, social actions, and on-chain activities |

Each layer reinforces the others, creating a **learning → participation → identity flywheel**.

---

# The NexID Identity System (.id Domains)

NexID introduces **Web3 identity domains** designed to function as a **portable digital briefcase**.

Each `.id` domain can contain:

- On-chain credentials
- Wallet trust score
- Reputation data
- Completed educational programs
- Referral rewards
- Payment and invoice generation

This creates a **persistent identity layer for Web3 participation**.

Domain holders can also refer new users and earn **25% referral rewards**, creating a built-in growth loop.

---

# Domain Mint Pricing

## Human Identities

| Length | Rarity | Price |
|------|------|------|
| 1 Character | Ultra Rare | $2,000 |
| 2 Characters | Very Rare | $1,000 |
| 3 Characters | Rare | $200 |
| 4 Characters | Standard | $40 |
| 5 Characters | Standard | $10 |
| 6–9 Characters | Standard | $5 |
| 10+ Characters | Standard | $2 |

Domains **5 characters and longer** may be distributed as part of partner campaigns, up to **1,000 per campaign**.

---

## AI Agent Domains

Designed for **autonomous onchain agents and AI systems**.

| Feature | Specification |
|------|------|
| Price | $0.01 – $0.10 |
| Minting | API mint access |
| Standard | x402 |
| Rate Limit | 50 mints per minute |
| Transferable | Restricted |
| Example | `the-defi-agent.id` |

As autonomous agents become common in Web3, identity infrastructure for them will become essential.

---

# Business Model

NexID operates as a **B2B campaign platform with a B2C identity ecosystem**.

Protocols pay NexID to build **interactive onboarding campaigns**, while users engage through the learning platform and domain identity layer.

---

## Campaign Pricing

| Tier | Duration | Price |
|------|------|------|
| Starter Campaign | 1 Week | $15,000 |
| Growth Campaign | 3 Weeks | $50,000 |
| Ecosystem Campaign | 1 Month+ | $100,000+ |

---

## Additional Revenue Streams

- Multi-language campaign support
- Custom team training programs
- Premium domain minting
- Identity-based reputation utilities
- Future credential marketplaces

At scale, we believe this model can support **$10M–$25M annual revenue**.

---

# Market Opportunity

The Web3 education and onboarding market is expanding rapidly as more users enter the ecosystem.

Every protocol needs:

- onboarding
- developer education
- ecosystem training
- community growth

Yet most still rely on **static documentation or inefficient quest platforms**.

NexID positions itself as **infrastructure for Web3 education and onboarding**, not just another quest platform.

---

# Key Differentiators

| Feature | Typical Platforms | NexID |
|------|------|------|
| Interactive AI Video | ❌ | ✅ |
| On-chain credentials | Partial | Full integration |
| Identity infrastructure | ❌ | `.id` domains |
| Wallet optional onboarding | Rare | Yes |
| Gas abstraction | Rare | Fully abstracted |
| Advanced anti-bot design | Weak | Multi-layered |

Users can start learning **without connecting a wallet**, making onboarding dramatically easier for Web2 users.

Wallet functionality can be added later once users are ready.

---

# Bot & Sybil Resistance

Bots are inevitable in open systems, but NexID makes them **increasingly difficult to operate at scale**.

Protection layers include:

- interactive video branching
- performance-based quizzes
- wallet trust scoring
- behavioral pattern analysis

Future updates will introduce **live AI video agent interactions**, requiring users to actively demonstrate knowledge.

Bots can farm clicks.

They struggle when they must **understand what they just watched**.

---

# Target Market

## B2B Customers

Crypto projects that have:

- raised **$2M+ funding**
- strong treasury reserves
- active ecosystems requiring education

Use cases include:

- protocol onboarding
- developer education
- ecosystem expansion
- community retention

---

## B2C Audience

NexID also serves:

- creators
- developers entering Web3
- builders learning blockchain technologies
- users seeking identity and reputation infrastructure

Many educational resources will remain **free and publicly accessible**.

---

# Roadmap

## Phase 1 — Core Platform (Completed)

- Smart contracts for academy
- `.id` domain minting
- trust score system
- interactive video infrastructure
- gamification and reward mechanics

Next milestone: **launching the first protocol campaigns**.

---

## Phase 2 — Intelligence & Expansion

- advanced in-video quizzes
- scoring tied to rewards
- expanded marketing efforts
- team expansion from **2 → 5**
- additional course content
- new protocol partnerships

---

## Phase 3 — AI Interaction Layer

- live AI video agent interactions
- real-time knowledge verification
- enhanced Sybil resistance
- expanded enterprise campaign partnerships

---

# Use of Funds

NexID has been **fully self-funded** to date.

The current raise is intentionally small and focused on **achieving revenue traction**.

---

## Fundraising Details

| Item | Value |
|------|------|
| Raise | $50,000 |
| Implied Valuation | $75,000 |
| Monthly Burn | $5,000 |
| Runway | 6–8 months |

---

## Monthly Burn Breakdown

| Category | Monthly Cost |
|------|------|
| Team | $2,000 |
| Infrastructure | $2,000 |
| Marketing | $1,000 |

Infrastructure includes hosting, APIs, authentication services, AI tools, and the Synthesia video stack.

Burn will scale **only alongside revenue growth**.

---

# Team

NexID is currently built by a **two-person founding team** that developed the entire platform from scratch.

The founder previously created **gamified crypto learning experiences for children**, educating **over 5,000 students** through partnerships with TinyTap and Open Campus.

This experience informs NexID’s approach:

Education should be **interactive, engaging, and provable**.

---

# Vision

NexID aims to become the **default infrastructure layer for Web3 education, onboarding, and identity**.

If successful, NexID will power:

- protocol onboarding programs
- developer training pipelines
- creator education platforms
- identity-based Web3 reputation systems

The goal is simple:

Replace shallow engagement metrics with **verifiable knowledge and identity**.

And hopefully make Web3 onboarding **a little smarter and a lot less spammy**.

## Raise terms (verbatim, as printed on the raise page)

By contributing to the fundraise for tokens ("Tokens"), you acknowledge and agree to the [Backable Terms of Service](https://www.backable.biz/terms). Without limiting the foregoing, you also acknowledge and agree to all of the following information, terms and conditions:

The above descriptions, terms, and other content were created, determined, and supplied exclusively by prospective project contributors related to the ICO and are being republished on Backable for convenience of reference only, as third-party content. Backable is a technology platform being used by the prospective project contributors, and the owners and operators of Backable and their respective affiliates are not the persons creating, endorsing, sponsoring, or discretionarily operating the ICO. Backable and its owners and operators and their respective affiliates assume no (and by participating in the ICO or otherwise using Backable, you agree that they shall not have any) responsibility or liability for the accuracy or completeness of the above descriptions, terms and other content, or any other representations, statements, opinions, projections, terms, or information made by or on behalf of the prospective project contributors in connection with the ICO.

The following terms and conditions apply between you, on the one hand, and, on the other hand, both the owners and operators (and their affiliates) of Backable or MetaDAO and the prospective ICO project contributors and related legal entity(ies) and their respective affiliates:

1. **No Guarantees.**
   The Tokens are provided on an "as-is" and "as-available" basis. Participation in the fundraise does not come with any guarantees, promises, or assurances of any kind, including, but not limited to, financial return, performance, future utility, or access to any platform, product, or service.

2. **Not an Offer of Securities.**
   The Tokens do not represent a security, equity, loan, or ownership interest in any entity or project. Participation in this fundraise is not intended to be, and shall not be construed as, an offering of securities, nor does it constitute an offer or solicitation in any jurisdiction where such activity is unlawful. You are responsible to refrain from participation in the ICO if your jurisdiction does not permit such participation.

3. **Final Sale, Except As The Program Provides.**
   Except for the amounts the escrow program itself makes claimable as described in paragraph 7, contributions made as part of the fundraise are final. No party has the discretion to refund you, and you will not be entitled to a refund or compensation on any other basis, including loss of value or inability to use the Tokens. Where the program does make an amount claimable, no party has the discretion to withhold it either.

4. **No Liability for Losses.**
   To the fullest extent permitted by applicable laws, neither the organizers of this fundraise nor any of their affiliates, agents, advisors, officers, or representatives shall be liable for any direct or indirect loss or damage you may suffer, including without limitation: trading losses, loss of data, revenue, profit, or opportunity; or any errors, delays, or technical failures related to the fundraise or the Tokens.

5. **Nature of Token MetaDAO Platform ICOs.**
   You acknowledge and agree that the ICO is a transaction entirely by and among ICO participants, in which such participants contribute certain blockchain tokens into the sole control or custody of Solana-based "smart contracts" or "programs" as a method of establishing a decentralized autonomous decision market oriented toward the research, development, promotion and/or utilization of the above-described project. The ensuing market oracle–sometimes also referred to as a type of "DAO"-- is intended to govern both the deposited tokens and aspects of the related project, using "[Futarchy](https://docs.metadao.fi/governance/overview)". These smart contracts or programs exist independently of Backable or MetaDAO, on the Solana blockchain, and do not have a legal "owner" or "custodian", but instead will be controlled by the market-based governance process embedded in the decision market protocol, as expressed in the code of the smart contracts/programs. The deposited tokens do not represent a capital investment in any legal entity (including the legal entity referred to in the following paragraph) or group of managers or entrepreneurs, and the decision market may revoke funds out of the pool at any time, or may cease using the funds for the currently contemplated project or using them to pay the currently contemplated prospective project contributors, and may instead use them for other purposes, as determined by the decision market oracle aka "DAO." The current prospective project contributors will not immediately own or have any discretionary or managerial control of the deposit pool, and any related services such prospective project contributors provide will be on an independent contractor basis to the community, as determined on an ongoing basis by the decision market oracle aka "DAO." The tokens issued by the program/smart contract in exchange for deposited funds are not initially owned by, and are not being sold or offered by, Backable or MetaDAO or the prospective project contributors or any related entity(ies), but rather are issued by the smart-contract/system itself to enable ongoing functionality of the related decision market oracle aka "DAO". Any funds received from the deposit pool by the current prospective project contributors or future project contributors represent retroactive or prospective compensation for work done or to be done by such project contributors that is approved by the related decision market oracle aka "DAO", on the initiative of, and based on the managerial or entrepreneurial efforts of, participants in that market aka "DAO participants".

6. **DAO-Adjacent Entity aka BORG.**
   One or more members of the prospective project contributors may have established a particular type of legal entity related to the project. These entities, known as cybernetic organizations, aka 'BORGs", hold intellectual property related to the project and may receive the funds, if any, determined by the decision market oracle to be paid to the prospective project contributors as compensation for work done or to be done related to the project. BORGs contain special rules designed to provide accountability of project contributors to the community, including prohibiting the issuance of equity securities and requirements to consult the decision market oracle (sometimes on a signaling basis, sometimes on a binding basis) for decisions related to their work on the project and the related intellectual property and assets. Many of these entities are "segregated portfolios" of a Cayman Islands entity called Futarchy Governance SPC. Segregated portfolios provide separate layers of assets and liabilities within this entity, and each particular segregated portfolio is managed in the sole discretion of its "Manager(s)", subject to the terms and conditions of Futarchy Governance SPC and the Operating Agreement of that specific segregated portfolio. The ICO does not represent an investment in the SPC or segregated portfolio, and participants in the ICO and holders of the tokens being issued in the ICO do not have any legal rights in or ownership of the SPC or segregated portfolio, and are not owed any fiduciary or other duties by the participants in the SPC or segregated portfolio, but the SPC, in respect of the segregated portfolio, is legally required to abide by certain determinations of the decision market created by the ICO. Please review the project description above to determine the specific legal entity(ies) or other arrangements identified by the prospective project contributors. You hereby acknowledge and agree that you have reviewed, or had the opportunity to review, the information and documents presented or linked to from that description and acknowledge, consent to and accept the risks of all related legal entities and arrangements.

7. **Understanding the Mechanism.**
   This is an onchain fundraising mechanism with a fixed token supply and a stated funding goal. Commitments are not capped, but the amount the project receives is: everything committed above the goal remains the property of the participant who committed it.
   If the funding goal is not reached by close, every participant may reclaim the whole of their contribution. If the goal is exceeded, each participant may reclaim whatever part of their contribution did not convert into Tokens.
   **These amounts are claimed, not sent.** They are released by the program when you submit a claim transaction from the wallet that made the contribution. Nobody can approve, condition, delay or refuse that claim, there is no deadline for making it, and equally nobody can make it on your behalf. The same is true of the Tokens themselves in a funded raise.
   By participating, you confirm that you understand the [program](https://github.com/metaDAOproject/programs) and have reviewed the relevant documentation available at [https://docs.metadao.fi](https://docs.metadao.fi).

By contributing or attempting to contribute to the fundraise for Tokens, you confirm that you have read, understood, and accepted the terms above.

## How the mechanism works

- https://www.backable.biz/docs/how-backable-protects-you — escrow, claims, budgets in one page
- https://www.backable.biz/docs/doing-your-own-research — the diligence checklist this file feeds
- https://www.backable.biz/docs/reading-tokenomics — FDV, supply, unlock ladders, TWAPs
- https://www.backable.biz/docs/committed-vs-raised — why committed and raised differ
- https://www.backable.biz/docs/metadao-2 — MetaDAO 2.0: typed proposals and the adaptable performance package