1/5 🧵 What is DegenHive? 

A DeFi powered social network set to revolutionize how creators engage with their communities through dynamic NFTs.

- Every user on the network is represented by a HiveProfile (on-chain digital identity)

What’s different about building in web3 compared to building a typical startup? 

And why does decentralization matter? 

Decentralization matters because it’s the tool that allows us to democratize the internet by turning web3 systems into public infrastructure. 

This is a distinctly different model from the current internet, which is built around networks that are accruing benefits only to the companies that run them.

@milesjennings lists some key benefits of decentralization in this post: https://a16zcrypto.com/posts/article/why-decentralization-matters-builders/

Decentralization matters because it gives power back the people, where it belongs! 🦧


Current governance models are not doing a very good job while at it though as you need a lot of money (= buy tokens) to be able to meaningfully participate in decision making, which ends up reserving power for insiders and large capital funds. ❌

𝐁𝐮𝐭 𝐰𝐡𝐚𝐭 𝐢𝐟 𝐠𝐨𝐯𝐞𝐫𝐧𝐚𝐧𝐜𝐞 𝐩𝐨𝐰𝐞𝐫 𝐜𝐨𝐮𝐥𝐝 𝐛𝐞 𝐛𝐨𝐫𝐫𝐨𝐰𝐞𝐝 𝐚𝐭 𝐚 𝐝𝐢𝐬𝐜𝐨𝐮𝐧𝐭? 🤔 🤫

"Rome wasn't built in a day, but once it was built... IT CHANGED EVERYTHING!!!!!! 🏗️🚀

Two years of relentless coding and we're ready to revolutionize the game. You aren't ready for what's coming... 

#DegenHiveIsComing 🦍🐝

For the degens, from the degens. https://degenhive.ai/

https://discord.gg/R3fkxkY24p 
