Not much happened in RNS since October, the YT channel hasn't had new videos besides the Tutorials.
Twitter keeps a regular posting but no much more than that.
Still, they might announce about their native stablecoin.. but did't happen yet.

RNS ID is a digital identity platform developed by RNS (Residency Network System). It is the world's first blockchain-native digital residency platform that aims to support the application and issuance of sovereignty-backed IDs. RNS ID offers a Palau Digital Residency ID, which enables individuals to access services available in Palau. This digital ID serves as a means to gain access to specific services available to Palau residents. It is worth noting that RNS ID is part of the Web 3.0 ecosystem, which represents the next generation of the internet that incorporates blockchain technology and decentralized applications.

RNS ID

Taiamã Demaman

RNS ID stands out as a pioneering Web3 legal identity platform, spearheading the concept of legal identification on the blockchain with the Palau government for the Palau Digital Residency Program, a Web3 Legal Identity Protocol. Very similar to Estonia E-Residency scheme (Web2).

RNS ID addresses the need for legitimacy and accountability in blockchain solutions by providing sovereignty-backed IDs, partnering with the government of Palau.

Vitalik Buterin, Ethereum's founder, publicly minted the Voyager Pass NFT, endorsing the Palau Digital Residency Program.

Global Exchange Support: RNS ID gains support from prominent crypto exchanges like Binance, Coinbase, Bitmart, Kucoin, Gate.io, Bybit, Huobi, fostering global recognition.

RNS ID presents a practical and impactful use of blockchain technology, addressing real-world issues related to identification, sovereignty, and global crypto trading. The project's collaboration with Palau and its support from influential figures and exchanges enhance its credibility and potential for positive impact.

Concerns (See the BBC video) of this ID being used by ponzi schemes is already evident. https://www.youtube.com/watch?v=YOuLaKqO_pU

Cryptocurist

RNS is pioneering a new form of digital identity backed by state sovereignty. Created in partnership with the government of Palau, RNS offers blockchain-based IDs called Palau Digital Residency. This residency provides access to virtual government services and can be used for KYC verification on major crypto exchanges like Binance and Coinbase.

Vitalik Buterin has shown support by minting a Residency NFT, validating RNS's goal of enabling digital sovereignty. While promising, questions remain around scalability, security, and global recognition. However, RNS represents a potential shift towards blockchain-based digital IDs. If adopted more widely, this could revolutionize identity by enhancing privacy, security, and jurisdictional freedom. While profit motivations have drawn skepticism, RNS merits objective analysis as a case study on the future of decentralized identity.

RNS is pioneering a new form of digital identity backed by state sovereignty. Created in partnership with the government of Palau, RNS offers blockchain-based IDs called Palau Digital Residency. This residency provides access to virtual government services and can be used for KYC verification on major crypto exchanges like Binance and Coinbase. 

Vitalik Buterin has shown support by minting a Residency NFT, validating RNS's goal of enabling digital sovereignty. While promising, questions remain around scalability, security, and global recognition. However, RNS represents a potential shift towards blockchain-based digital IDs. If adopted more widely, this could revolutionize identity by enhancing privacy, security, and jurisdictional freedom. While profit motivations have drawn skepticism, RNS merits objective analysis as a case study on the future of decentralized identity.

RayRay

The following statement (also attached) is probably one of the most pitching that caught me where i stopped doing whatever i was and started digging into exploring the platform

"🇹🇭 Taxed from 1/1/2024
Thailand expands taxation to foreign residents to include foreign earnings/profits

🇵🇼 Palau: foreign stays foreign, 0% on your foreign sourced gains even you stay here 365 days

Apply your Palau ID and come stay with us today: http://rns.id""

Consistency and persistency on twitter in particular shows that team is working hard to increase the adoption of digital nomad lifetime, showing the value of working remotely while cutting/saving on tax, great gig for cryptopreuners...

Why not 5 stars?

lack of thought leadership, community driven approach and slightly commercialized strategy.

The following statement (also attached) is probably one of the most pitching that caught me where i stopped doing whatever i was and started digging into exploring the platform

"🇹🇭 Taxed from 1/1/2024
Thailand expands taxation to foreign residents to include foreign earnings/profits 

🇵🇼 Palau: foreign stays foreign, 0% on your foreign sourced gains even you stay here 365 days 

Apply your Palau ID and come stay with us today: http://rns.id""

Consistency and persistency on twitter in particular shows that team is working hard to increase the adoption of digital nomad lifetime, showing the value of working remotely while cutting/saving on tax, great gig for cryptopreuners...

Why not 5 stars?

lack of thought leadership, community driven approach and slightly commercialized strategy.

Sun Tzu

This is just another purely profit-driven project. First, if Vitalik is involved, you know it's shady. HUGE red flag there.

Second, the big clue that this is a project to primarily make money is the fact that this residency gives you KYC approval to the major exchanges. They don't give you any other benefits of the ID except exchange approval and earning referral fees. The cost is also pretty expensive, compared to other digital residency programs out there.

Finally, let's look at the phrase "sovereignty-backed." What does that even mean?

Sovereignty: Freedom from external control.

The ID doesn't help with sovereignty of the people who apply because they are applying for permission. Therefore, this is just a marketing buzz phrase.

There are several countries that have digital residency programs and I feel that this can be a good thing overall, both for the government issuing it and for entrepreneurs who might want to benefit from the laws in another location. But RNS ID is a blatant effort to take advantage of the smallest country in the world.

This is just another purely profit-driven project. First, if Vitalik is involved, you know it's shady. HUGE red flag there. 

Second, the big clue that this is a project to primarily make money is the fact that this residency gives you KYC approval to the major exchanges. They don't give you any other benefits of the ID except exchange approval and earning referral fees. The cost is also pretty expensive, compared to other digital residency programs out there. 

Finally, let's look at the phrase "sovereignty-backed." What does that even mean? 

Sovereignty: Freedom from external control. 

The ID doesn't help with sovereignty of the people who apply because they are applying for permission. Therefore, this is just a marketing buzz phrase. 

There are several countries that have digital residency programs and I feel that this can be a good thing overall, both for the government issuing it and for entrepreneurs who might want to benefit from the laws in another location. But RNS ID is a blatant effort to take advantage of the smallest country in the world.

Tartarian

Don't trust, verify. The Progress of RNS ID looks good for either users and issuers.
Is RNS really from Palau Government ? Yes, it is!
-> Checking in usa.gov repository, https://www.usa.gov/states/republic-of-palau
And we can find https://www.palaugov.pw/dro/

The website is truly the RNS website.
-> Is it legal? Yes, the government expedites the digital residency that lasts one year for U$248.

As os 2020, the Gov balance sheet had to cut expenses on 10% consecutively and with the spread of Digital Nomads, the Voyager ID came into light. And so far, the Gov has earned 655 million, that outstanding for them, due to a medium of U$ 2.4 million of yearly gross revenue (image2)

source:
https://www.palaugov.pw/wp-content/uploads/2023-State-of-the-Republic-Address.pdf
https://www.palauopa.org/pdf/single-audits/FY%202021/NDPB_fs21-[Final-Nov-3-2022].pdf

RNS ID is the world's pioneering Web3 legal identity platform and is revolutionizing the concept of legal identification as we know it. This platform grants users universal access to virtual government services, offering global citizens opportunities for borderless economic freedom and a fresh new shift into a digital world without borders, something I believe most crypto degens are all for.

Distinguished as the first national identification system deployed as ID NFTs on the blockchain which is a tremendous feat and a practical use of the technology. RNS ID has garnered substantial support from a wide array of the world's prominent crypto exchanges, including Binance, Coinbase, Bitmart, Kucoin, Gate.io, Bybit, Huobi, and others.

I, myself first hand know many UK residents who are ever so grateful for this project, because without it they would not be able to continue to trade on their favourite exchanges such as Bybit anymore with the silly FCA crypto derivatives laws that have just gone into motion.

RNS ID is the world's pioneering Web3 legal identity platform and is revolutionizing the concept of legal identification as we know it. This platform grants users universal access to virtual government services, offering global citizens opportunities for borderless economic freedom and a fresh new shift into a digital world without borders, something I believe most crypto degens are all for.

Distinguished as the first national identification system deployed as ID NFTs on the blockchain which is a tremendous feat and a practical use of the technology. RNS ID has garnered substantial support from a wide array of the world's prominent crypto exchanges, including Binance, Coinbase, Bitmart, Kucoin, Gate.io, Bybit, Huobi, and others. 

I, myself first hand know many UK residents who are ever so grateful for this project, because without it they would not be able to continue to trade on their favourite exchanges such as Bybit anymore with the silly FCA crypto derivatives laws that have just gone into motion.

Jeppopo

Welcome to Palau, but don't bother in being digitally present!
That is a very interesting project with real use cases that might give refugees and traders a light in the dark.
Palau is a 340 islands archipelago in western pacific, and their government mints Web3 IDs, yes, become Palaun or at least use it to KYC in exchanges.
Do you need more ? There are some community advantages for airplane tickets and traveling related benefits.
The RNS is the platform currency to acquire services as:
on-chain legal ID
Voyager Pass
Purchase insurance plans
(more to see in the link1)
The Voyager Pass minting costs 0.15 ETH and the only downside is that the Residency expires within a Year.
That being said, as a joke, a fellow Palauan id card (image1) next to a real example to him (image2).
Link1: https://docs.rns.id/documentation/utility-of-rns

Welcome to Palau, but don't bother in being digitally present!
That is a very interesting project with real use cases that might give refugees and traders a light in the dark.
Palau is a 340 islands archipelago in western pacific, and their government mints Web3 IDs, yes, become Palaun or at least use it to KYC in exchanges.
Do you need more ? There are some community advantages for airplane tickets and traveling related benefits.
The RNS is the platform currency to acquire services as:
on-chain legal ID
Voyager Pass
Purchase insurance plans
(more to see in the link1)
The Voyager Pass minting costs 0.15 ETH and the only downside is that the Residency expires within a Year.
That being said, **as a joke**, a fellow Palauan id card (image1) next to a real example to him (image2).
Link1: https://docs.rns.id/documentation/utility-of-rns

RNS ID is onto something big! As the world’s first blockchain-native digital residency platform, it’s setting the stage for what I believe is the future of technology and is absolutely needed in this ever evolving digital world.  Imagine a digital ID that not only gets you access to services but also serves as a key to the decentralized Web 3.0 universe.

But let’s be real, groundbreaking doesn’t mean foolproof. The platform has some proving to do, especially around scalability and security. And let’s not forget, how globally recognized will this sovereignty-backed ID actually be?

I believe  RNS ID is more than just another blockchain project. It’s the start of a digital identity revolution, one if implemented worldwide will be a game changer and is worth more than a casual  look.

 In summary, this is the start of what I believe technology is moving towards. If our identities are securely stored on the blockchain and can’t be scammed or stolen, that’s a win-win for sure.

I look forward to reading more thoughts/reviews on this

Sources: RNS ID Official Website, Reddit discussions, Cryptor forums.

It’s 4✨ from me.

RNS ID is onto something big! As the world’s first blockchain-native digital residency platform, it’s setting the stage for what I believe is the future of technology and is absolutely needed in this ever evolving digital world.  Imagine a digital ID that not only gets you access to services but also serves as a key to the decentralized Web 3.0 universe. 

But let’s be real, groundbreaking doesn’t mean foolproof. The platform has some proving to do, especially around scalability and security. And let’s not forget, how globally recognized will this sovereignty-backed ID actually be?

I believe  RNS ID is more than just another blockchain project. It’s the start of a digital identity revolution, one if implemented worldwide will be a game changer and is worth more than a casual  look. 

 In summary, this is the start of what I believe technology is moving towards. If our identities are securely stored on the blockchain and can’t be scammed or stolen, that’s a win-win for sure. 

I look forward to reading more thoughts/reviews on this  

Sources: RNS ID Official Website, Reddit discussions, Cryptor forums.

It’s 4✨ from me.

Lynne Mitchell

RNS is the world’s first digital Web3 identity platform developed to support the application and issuance of sovereignty-backed IDs.

RNS teamed up with the government of Palau to offer The Palau Digital Residency Program is a Web3 Legal Identity Protocol.

 The ID offers universal access to virtual government services, and it is a legal ID for KYC on 90%+ exchanges, including Binance.

Vitalik Buterin, Founder of Ethereum, who publicly minted the Voyager Pass NFT#1430 using his public wallet vitalik.eth. The “Sovereignty Concept” NFT offers the holder official status as a Palau Digital Resident, supporting Buterin’s conviction in the significance of Individual Sovereignty.

The Palau Digital Residency Program addresses some significant issues faced by the blockchain industry. Geographic boundaries restrict innovation in an increasingly hyper-connected world, and current blockchain solutions lack sovereign legitimacy and accountability.

RNS solves these problems by bridging the privacy and security of Web3 identity with the capabilities and validity of global sovereignties.

RNS is the world’s first digital Web3 identity platform developed to support the application and issuance of sovereignty-backed IDs. 

RNS teamed up with the government of Palau to offer The Palau Digital Residency Program is a Web3 Legal Identity Protocol.

 The ID offers universal access to virtual government services, and it is a legal ID for KYC on 90%+ exchanges, including Binance. 

Vitalik Buterin, Founder of Ethereum, who publicly minted the Voyager Pass NFT#1430 using his public wallet vitalik.eth. The “Sovereignty Concept” NFT offers the holder official status as a Palau Digital Resident, supporting Buterin’s conviction in the significance of Individual Sovereignty.

The Palau Digital Residency Program addresses some significant issues faced by the blockchain industry. Geographic boundaries restrict innovation in an increasingly hyper-connected world, and current blockchain solutions lack sovereign legitimacy and accountability. 

RNS solves these problems by bridging the privacy and security of Web3 identity with the capabilities and validity of global sovereignties.

RNS ID

Digital identity platform