Holonym is a cutting-edge identity protocol designed for the Web3 ecosystem, leveraging zero knowledge proofs to enable users to verify facts about their identity without compromising privacy. The company serves clients who require identity verification for compliance, fraud prevention, proof of age, and Sybil resistance, primarily operating in the blockchain and decentralized finance (DeFi) markets. Holonym's business model revolves around providing a decentralized, private credential system that can be used both on and off-chain. The company generates revenue through the issuance of Holos, which are minted using government IDs and allow users to privately verify their identity without another party holding their information. This approach ensures maximal privacy and security, addressing a significant challenge in the Web3 space where most data is publicly accessible on a ledger. Holonym's innovative solution is particularly valuable for applications requiring Know Your Customer (KYC) compliance and other forms of identity verification, making it a crucial player in the privacy-preserving identity space.

Keywords: zero knowledge proofs, Web3, privacy-preserving, KYC, Sybil resistance, wallet recovery, decentralized, private credentials, blockchain, DeFi.