Short summary (1min read):
At the 22nd Antelope Swiss Workshop, Patrick Schmid hosted Domenic Thomas to discuss Hypha, a soon-to-launch platform aimed at enhancing decentralized agreements and decision-making for DAOs. The platform, designed for ease of use for Web2 users, fosters community empowerment and open collaboration. Hypha, expecting to transform Web2 platforms into DAOs, has noted remarkable growth with around 180,000 active users globally. Emphasizing interoperability and human collaboration, the platform plans to introduce a more streamlined proposal and voting system, including the innovative "circles" concept for budget autonomy. More details are available on hypha.earth, with anticipation building for forthcoming advancements.
Full summary (4min read):
🏁 Introduction
At the 22nd Antelope Swiss Workshop, host Patrick Schmid chats with first-time guest Domenic Thomas from Hypha. Thomas shares insights into his role at Hypha, emphasizing his core responsibilities in business development and sales as he helps build the platform.
🖥️ Hypha Platform
Domenic outlines the soon-to-launch Hypha platform, crafted mainly for DAOs to enhance decentralized agreements and decision-making. It promises ease of use for Web2 users while supporting community empowerment through various means to create agreements. The platform facilitates the establishment of DAOs, setting up core teams, and introducing different token types.
💼 Business Opportunities
The duo explores Hypha's business potential, describing it as a tool for transitioning Web2 platforms into DAOs and establishing a super DAO. Hypha proposes a network of “service DAOs” and Domenic cited an example of NovaCrypto as a potential service DAO. NovaCrypto can provide a combination of media consulting services and Web3 software development via integration with EOSDEN.
👥 Service DAOs
They discuss the criteria for becoming a service DAO on Hypha, focusing on validation and quality selection. Hypha encourages open collaboration, interoperability, and reciprocal growth among Web2 and Web3 entities. Service DAOs are urged to publicize their offerings and enter MOU (memorandum of understanding) agreements to foster collaboration.
📊 Metrics
Discussing user engagement, Domenic shares that there is 100 users in the alpha list and 200 in the beta list, illustrating the platform’s gradual growth.
🛠 Tools & Integration
Domenic describes the toolkit available for both sub-DAOs and service DAOs, revealing no substantial differences in features for both. The evolving toolkit, made with partnerships like localscale.org and Nestor, plans to introduce more integrations and plugins to simplify the developer experience.
🤝 Collaborations
During the discussion, collaboration with Eden on EOS through the Hypha toolkit is addressed, with a spotlight on potential synergies. A grant from ENF facilitated the development of new features, including an enhanced voting process and automated delegate compensation distribution post-election, aiming for more efficient operations.
🗳 Voting & Proposals
Hypha's upcoming version will offer Eden on EOS a more streamlined proposal and voting system, wherein everything is on-chain. Domenic emphasizes the introduction of "circles" having individual budgets, which enhances decentralized control and expedites decision-making by granting circles autonomy over their budget. This would negate the need for community approval for minor tasks.
🛠️ Development of Ambassador System
An Eden on EOS ambassador system rewarding badges for various tasks is underway, initiated in August. Plans include integrating a series of tools like an RFP system, an audit system, and a proof of work system harmoniously with platforms like Hypha. The discussion highlights the emphasis on both application interoperability and human collaboration, considering the integration of Consortium tools for polling in the Hypha platform.
🌐 Web3 Technology
Hypha's adherence to Web3 technology on the EOS blockchain is discussed, noting operations have been on-chain since its inception four years ago. They are focused on maintaining elements familiar to Web2 users for user-friendliness. Despite starting with Telos, the launch will now encompass both Telos and EOS, while prioritizing EOS tools for the Eden project to foster unity within the EOS community.
📢 Announcement
Closing the discussion, they alert listeners to expect more updates and encourage them to visit hypha.earth for more information. There's a note of appreciation for Domenic’s contributions, an acknowledgment of the progress made, and a spirited anticipation for future developments, ending the conversation on a hopeful note.
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