zkPass is done, this is the real deal for 'investment opportunities,' now oversubscribed by 30x. Let’s talk briefly about the project (with some sharp commentary ). zkPass is backed by YZI and OKX. Essentially, it’s an oracle focused on identity verification (using ZK technology). For example, things like passports, financials, medical records, social data—ZK allows your private data to stay on your own device, only revealing the attributes needed for verification. Here’s an example: say you’re checking into a hotel. In theory, the hotel only needs to know that you meet the requirements to stay (e.g., you’re not a fugitive) without needing to know your full name, place of birth, or ID number. In this scenario, providing a ZK proof fits perfectly. That said, to be honest, this is a classic ZK application. People were already working on this back in 2017, and it was called DID back then. Now it’s done with ZK. The tech isn’t too hard to develop, but promoting it is super tough . Because this kind of thing has to be pushed top-down, not bottom-up, and the ones at the top don’t really want to push it... Still, that doesn’t stop this from being an investment opportunity. In this market, it’s no longer about making money off ZK or the zkPass narrative—it’s purely about profiting from the liquidity premium on CEXs.