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idOS Network is a Web3 identity layer that brings user-controlled, reusable identity data to DeFi and real-world applications, enabling seamless onboarding, compliance, and data orchestration. $IDOS is used to secure the idOS Storage Network, pay for data operations, and empower token holders to contribute to network security through staking or delegation.
On July 9th, 2024, the project announced a successful closure of its $4.5M funding round led by Fabric Ventures, followed by participation from Circle Ventures, Arbitrum Foundation, and other funds.