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Chandan | Web3 Research Profile picture
@chandan1_
Oct 8, 2022 • 6 tweets • 5 min read • Read on X
#Google's original mission was to organize the world's information. But, a single company can only do so much.

@Golden #web3 startup has join the mission. Image
Knowledge is fragmented. to find reliable information, one needs to search across centralized repositories, personal webpages, news sites, blogs, and private databases. The world lacks a standardized interface for discovering, contributing and verifying knowledge
@Golden protocol is essentially designed to provide financial incentives via tokens to those who provide correct data and the validators who verify the data is accurate. Incorrect information will be penalized. Organizations can pay to access and use the data.
The @Golden protocol is currently on #Testnet , with the #MainNet launch planned for the second quarter of 2023.
#funding
@Golden raised $40 million in Series B round. Total funds raised $60 million, Other investors in the round included @protocollabs and its founder Juan Benet, @solana blockchain founder Raj Gokal and @Dropbox co-founder Arash Ferdowsi.
#Actionstep
You can become a validator and earn the golden token one's the #protocol is released on the #MainNet in 2023.
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More from @chandan1_

Chandan | Web3 Research Profile picture
Dec 15, 2022
4 web3 features that web2 companies can adapt to improve their products by 10x

Web3 technologies provide new opportunities for web2 companies to enhance the
security,
transparency
of their products.
🧵👇
1. Cryptocurrency payments
One of the biggest challenges with traditional payment systems is their limited availability and high fees.
For example, Stripe, the most popular payment integration option, is only available in 47 countries. Countries where Stripe is accepted
In contrast, cryptocurrency payments can be received from anywhere in the world, and there is no integration cost for adding crypto to your web2 app.

For example, Twitter is allowing its users to add Ethereum and Bitcoin addresses to receive tips
Read 7 tweets
Chandan | Web3 Research Profile picture
Oct 19, 2022
1️⃣The new #governments emerging from #web3

What do governments do?

They collect #taxes and #buildpublicgoods such as roads, bridges, dams, etc.(this is oversimplified)
They also print money cause inflation and taxes people indirectly! Public Goods
2️⃣who is deciding which public goods to fund?

Mostly by the government representatives who are elected by the people. Most of the government's representatives, don’t represent people's interests most of the time because of personal biases, and corruption. Image
3️⃣25 Trillions $ spend year on public goods.
As the strength of the chain depends on the weakest link. The weakest link in the current government power structure are the corrupted representatives who make decisions in favor of their personal benefits.
Read 10 tweets

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