Shards Protocol raises $2M for Web3 reputation and rewards system

Shards Protocol, a Web3 reputation platform rewarding users for milestones, has raised $2 million across multiple rounds, including notable investors like Animoca Brands and Kyber Ventures. The company expanded its offering to include Aura, a recognition layer that rewards on-chain contributions with reputation and rewards, aiming to enhance transparency and trust in the Web3 space. Users can now build their reputations through milestones, displayed on their profiles, allowing them to access more rewards as they contribute across various Web3 ecosystems.