Namada

Namada operates as a data protection blockchain utilizing zero-knowledge proof technology to offer multichain data protection. It consolidates assets fragmented across different blockchains into a single shielded asset hub, allowing users to hold and transact a range of assets, including NFTs, with shielded interactions. Namada rewards participants for helping protect the multichain ecosystem by keeping their assets in the shielded set, thus earning passive rewards. The platform is designed to provide practical data protection, ensuring users have full control over what they share. Namada's business model revolves around incentivizing users to participate in its ecosystem, thereby strengthening data protection guarantees. The company serves clients who are interested in secure and private blockchain transactions, operating in the blockchain and cryptocurrency market. Namada's revenue model is likely based on transaction fees and possibly other blockchain-related services. The platform is built by the Anoma foundation, which focuses on creating a secure and user-friendly multi-asset data protection system.