sari

Governance tokens represent percentage ownership over voting rights. It’s difficult for most community members to keep up with the latest developments for specific protocols, so most protocols allow token holders to delegate their votes to trusted representatives.

Credentials from centralized institutions are subjective — they're only valuable because the institution issuing them is valuable. It's a reputational ponzi scheme. On the contrary, credentials from decentralized networks are more objective — they let people observe work completed without a subjective value judgement on the work itself.

In addition to the fact that barriers to entry are still a bit high for non-technical folks, it seems like there’s not much incentive for the average person to care about participating in web3 right now. Yes, there’s been a lot of mainstream attention on cryptocurrency and NFTs as an investment, but combined with its high-risk, that hardly seems li... See more

Using DIDs we can fulfill RabbitHole’s core vision of creating an “on-chain meritocracy” with crypto credentials — a means of proving one’s expertise or reputation based on their on-chain activity — but the main bottleneck to this vision is the centralization of our company.