# Shards Protocol

**Source:** https://www.startuphub.ai/startups/shards-protocol
**Profile type:** Startup

> Decentralized reputation layer rewarding Web3 users for on-chain contributions.

## About

Shards Protocol is a Web3 reputation protocol that transforms users' on-chain activity into verifiable reputation scores and rewards. Originally launched as Shards.Tech, a developer tool for game studios, it has evolved into a broader platform focused on recognizing and empowering community contributions.

## Key facts

- **Slug:** shards-protocol
- **Website:** https://shards.tech/
- **Location:** Singapore, Singapore
- **Founded:** 2024-01-01
- **Operating status:** Inactive
- **Total funding:** $4M
- **Sectors / tags:** Web3, Decentralized Identity, Reputation Protocol, On-Chain Rewards, Gaming, Community Engagement, Fintech, API Platform, DePIN, Blockchain, Developer Tools, Community Building

## Frequently asked

### What does Shards Protocol do?

Shards Protocol is a Web3 reputation protocol that transforms users' on-chain activity into verifiable reputation scores and rewards. Originally launched as Shards.Tech, a developer tool for game studios, it has evolved into a broader platform focused on recognizing and empowering community contributions.

### What is Shards Protocol's revenue?

StartupHub estimates Shards Protocol's annual revenue at $780K (range $307K to $3.7M, 28% confidence), based on comparable companies in the sector.

### What is Shards Protocol's valuation?

StartupHub estimates Shards Protocol's effective valuation at $15.3M (range $10.0M to $24.0M, 17% confidence), based on comparable companies in the sector.

### How much funding has Shards Protocol raised?

Shards Protocol has raised a total of $4M in funding. The most recent round on record is Seed.

### Where is Shards Protocol headquartered?

Shards Protocol is headquartered in Singapore, Singapore.

### When was Shards Protocol founded?

Shards Protocol was founded in 2024.

### What industry does Shards Protocol operate in?

Shards Protocol operates in Web3, Decentralized Identity, Reputation Protocol, On-Chain Rewards, Gaming, Community Engagement.

### What is Shards Protocol's current status?

Shards Protocol's current operating status is: Inactive.

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