MISSION has joined as a co-contributor for the Web of Trust Map.
The Web of Trust Map, created by Key State Capital, visualizes the scope of the decentralized identity space, offering a comprehensive overview for researchers, regulators, investors, and those interested in the space. This tool collects and displays deep data on global decentralized identity projects, including the protocols they employ and their connections within this industry. The map illustrates key relationships, such as industry connections, funding, technology stacks, and protocols, providing crucial insights into the dynamics of this ecosystem.
With data collection beginning in September 2022 and the map launch in March 2025, the Web of Trust Map represents a substantial research effort involving a team of over 20 researchers. It collected and analyzed over 270 decentralized identity projects, 170 blockchains, and thousands of individuals and entities—over 3,000 people, 4,000 private entities, and 1,000 public entities. Recognizing the current fragmented understanding of decentralized identity technology, the map aims to consolidate information and present a holistic view of the key players and their interconnected ecosystems. By providing this comprehensive picture, the Web of Trust Map aims to bridge the knowledge gap and foster broader understanding and adoption of decentralized identity.
About MISSION
MISSION is a ventures consultancy specializing in digital trust and decentralized digital identity. Founded by industry pioneers with deep experience, MISSION collaborates with builders and buyers of decentralized and self-sovereign identity solutions, verifiable credentials, and digital wallet solutions to accelerate digital trust ventures. Their services include product strategy, capability building, and vendor selection, guiding organizations through the evolving landscape of digital identity and trust.
“We are pleased to bring Mission onboard as co-contributors. Nick Ris and James Monaghan both are fantastic ambassadors for the space, with sharp minds and great character. We look forward to the many keen insights we can glean with them as we hone the message of the Web of Trust Map," said Nicholas Racz, Senior Partner at Key State Capital.
This collaborative effort enhances the Web of Trust Map's value as a tool for understanding the decentralized identity landscape. The combined efforts of contributors like MISSION and others make the map a more valuable resource, providing researchers, investors, policymakers, and the public with deeper insights that can foster informed decision-making and drive innovation. The role of co-contributor for the Web of Trust Map entails data verification and feedback. It was paramount that this role was filled by industry experts, such as the visionaries leading MISSION.
About Key State Capital
A unique venture capital syndicate, Key State Capital, concentrates its investments on decentralized and verifiable digital identity technologies, with a particular emphasis on solutions designed for legal entities. The team at Key State Capital brings significant technical experience and a comprehensive grasp of the technologies driving digital identity.
In addition to their primary focus, they invest in related technologies such as Zero Trust Protocols, verifiable AI, cybersecurity, and secure communications. Key State Capital also created the Web of Trust Map, the first dataset to map out the decentralized identity ecosystem. They collaborate with organizations globally to promote the development and adoption of secure digital identity and Zero Trust Protocol solutions.
