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DegenHive
@degenhive
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)
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DegenHive
@degenhive
2/5 🧵 How does DegenHive helps AI creators? At DegenHive, we make it easy for any AI developer to monetize their AI art via upgradable NFTs. Users need to win a weekly auction to become a creator on the platform so they can launch their own NFT collection (+ a lot of other benefits).
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DegenHive
@degenhive
3/5 🧵 Why will AI creators use DegenHive? Creators can map any 2 AI models (Stable diffusion and an LLMA) to NFTs for interactive content creation by the community! 👥 This setup not only boosts monetization through NFT sales and royalties but also enhances AI models via community-driven data contributions, fueling a powerful flywheel effect. ♻
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DegenHive
@degenhive
4/5 🧵Protocol owned liquidity and economic sustainability SUI raised through weekly auction process is collected as protocol owned liquidity and added to our SUI-HIVE and SUI-BEE pools, with LP tokens being burnt forever. 🔥 This boosts long-term liquidity, enhances BEE & HIVE trading, and drives up prices, powering a sustainable economic flywheel for the protocol 📊📈
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