Inspect Platform Partners With ForbesWeb3 To Enable Novel Authentication Method for ForbesWeb3 Inner Circle Members

• The strategic partnership between Inspect Platform and ForbesWeb3 will introduce a verified digital badge for the latter’s inner circle members backed by Inspects AI analytics.

• Ultimately, the partnership between the Inspect platform and ForbesWeb3 will enhance real value and trust in digital identities.

• The announcement had a profound impact on Inspect’s native coin $INSP, which gained nearly 20 percent.

Inspect, a popular layer-two (L2) protocol for enhancing user experience across different social ecosystems like the X platform, has experienced rapid growth over the past few months. Per Inspect’s data, the platform has attracted more than 30k browser extension users and over 150k web app users, and also tracks more than 2 million NFTs.

Inspect and ForbesWeb3 Simplifies Digital Membership Authentication 

In the latest bid to enable reliable adoption of the web3 ecosystem, Inspect has announced a strategic partnership with Forbes-backed ForbesWeb3. According to the announcement, the strategic partnership between ForbesWeb3 and Inspect is meant to introduce a digital badge designed exclusively for Forbes Inner Circle members on the X platform.

“Our collaboration with ForbesWeb3 marks an important development for digital communities. We’re bringing together Forbes’ renowned legacy and our tech expertise to enhance how membership and prestige are recognized online. This initiative is about adding real value and trust to digital identities,” Oliver Cohen, the president of Inspect platform, said in a statement.

The collaboration between ForbesWeb3 and Inspect brings together their respective unique features to streamline digital membership authentication. The new membership verification badge will be supported by the Inspect platform’s artificial intelligence (AI) analytics.

The introduction of the new badge for the Forbes Inner Circle members is meant to enhance digital profiles, particularly on the X platform, thus improving trusted online interactions.

“The launch of this badge through the ForbesWeb3 and Inspect collaboration sets the stage for potential future projects that could further influence digital community engagement and membership verification. This partnership is focused on using technology to strengthen trust and value in digital identities, suggesting a future where digital and traditional forms of recognition blend more seamlessly,” the announcement noted.

Market Implications on the Strategic Partnership 

Following the announcement this week, Inspect’s native token $INSP rallied around 20 percent to trade about 23 cents; the $INSP token holders could directly benefit from the strategic partnership. Moreover, project listings on the Inspect protocol accelerated the INSP buyback and burn program, which ultimately helps in value creation for the existing tokens. 

The Inspect team stated that the partnership with ForbesWeb3 marks the beginning of broadening its horizon. Amid the ongoing mainstream adoption of digital assets, the platform is on a mission to amplify digital recognition and build a network of trust and innovation across the X platform and the broader Web3 ecosystem.

As for ForbesWeb3, Forbes media announced that the strategic partnership with Inspect platform is just the beginning of its exploration into the vast web3 industry and digital assets sphere. Furthermore, Forbes has built a reputable brand over the past years, which can be capitalized in partnership with other web3 platforms to enhance crypto credibility.