Bees, decentralization and blockchain | My sweet adventure in 1hive DAO

By BtcSapiens | btcsapiens | 9 Jul 2024


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Hey, my digital jungle adventurers! As some of you already know, I'm a monkey who loves decentralization and is a big fan of bitcoins and bananas, yep... but today, I want to share an incredible story about my experience with a community of hardworking bees who, in my opinion, are revolutionizing the world of decentralization on xDai (now called Gnosis). Let me introduce you to 1hive: a DAO that’s been doing amazing work in the web3 space for several years and one that you might really dig too!

1hive | Where bees make digital honey

Imagine a swarm of blockchain bees, all working together to produce the sweetest digital honey in the world. Yes, my friend, that’s exactly what’s happening at 1hive. Let's get straight to the point: here, Honey holders can stake their honey on proposals using a system called **Conviction Voting**. This mechanism allows everyone to participate and shape the future of 1hive, preventing anyone from taking complete control.

In a nutshell, Conviction Voting means you decide how the honey is distributed. By supporting proposals that increase the value of Honey, we create a positive feedback loop that drives community growth and sustainability. It’s like having an endless banana buffet for decentralization-loving monkeys!

An open and collaborative community

The best thing about 1hive is that it’s a completely open community. You don’t need permission to join or become a member. If you see something that should be improved, you can make a proposal, earn honey, and make it happen. Plus, you can earn honey simply by participating in the community on platforms like GitHub, Discord, and Discourse, registering and claiming honey via the BrightID faucet, or providing liquidity on Honeyswap and depositing your LP tokens into Honeycomb. It’s like every banana you contribute gives you access to a new source of honey!

Self-organized swarms

At 1hive, we love individual initiative, but we also value teamwork. That’s why “swarms” have formed around specific projects like Honeyswap, Celeste, and Gardens, or work areas like design, communications, and engineering. If you’re new to 1hive and want to contribute, a good way to start is by finding a swarm that interests you and asking how you can help. Everyone has their place here, and no one is left without their share of honey and bananas!

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Reward system

To keep the community motivated and rewarded, 1hive uses SourceCred, a reward system that distributes honey (Honey) based on members' contributions. SourceCred analyzes activity on platforms like GitHub, Discord, and Discourse, and assigns a score (or "cred") to each contribution. The more you contribute and add value to the community, the more honey you receive. It’s like a continuous banana feast for being an active monkey in the 1hive jungle!

Vibrant community on Discord

The 1hive community not only organizes around projects and proposals but is also very active on Discord. Here, you can connect with other members, exchange ideas, solve doubts, and collaborate in real-time. The Discord channel is the beating heart of 1hive, where the action never stops, and there’s always something exciting going on. It’s like a monkey party where there are always bananas and honey for everyone!

How 1hive works?

For the more technical and curious minds, here are some details on how 1hive operates:

- Conviction Voting*: This voting system doesn’t rely on individual vote counts but on the accumulation of conviction over time. This means that the longer you support a proposal, the greater your influence on it.
- Honey Token ($HNY): The native currency of 1Hive is Honey (HNY). Users can earn and use Honey to participate in community governance.
- BrightID: A decentralized identity verification system that allows users to claim honey through a faucet, ensuring that each person can only register once.
- Honeyswap: A decentralized exchange (DEX) on the Gnosis blockchain that enables users to trade tokens safely and efficiently.
- Celeste: A dispute resolution platform that uses a randomly selected jury system to decide on disagreements within the community.

DAO Contributors

1Hive is a community driven by its members, where every contributor has the opportunity to make a difference. Here, anyone can become an active member and contribute in various areas, whether in development, design, marketing, translation, or simply by participating in daily discussions. In 1Hive, every monkey has its place, and every bee its flower!

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My Story in 1Hive

I’ve spent two incredible years at 1Hive, dedicating myself to writing, translating, and collaborating with other bees in the community. Although I was disconnected from the blockchain for a while, I’ve returned with more energy than ever. 1Hive is a DAO that truly deserves the effort to push forward. During my time here, I’ve had a lot of fun and learned so much from other members who are also passionate about decentralization and open collaboration.

A Special Thanks to Santi!

I can’t forget to mention **Santi**, the person who introduced me to this wonderful DAO. You showed me the way and helped me integrate into the 1Hive community. Your support and guidance were crucial to my growth and participation in the DAO. Thanks to Santi, I discovered a world of opportunities and collaboration that has been incredibly enriching. Thank you, Santi, for your generosity and for being such an inspiring bee in the 1Hive hive! I promise to be as welcoming and collaborative with future bees.

Explore and Participate:

A Bright Future in the Web3 Jungle

1hive is more than a community; it’s a living ecosystem where every bee (or monkey) who loves decentralization can contribute to the common good. So, jump into the swarm and start buzzing in 1hive, because in the web3 jungle, the sweetest honey is the one we make together!

In conclusion, it’s clear that traditional companies are as dead as an overripe banana and that DAOs are the present and the future. Here, there are no bosses, only bees, monkeys, and other free animals self-organizing to build what they want, how they want. Decentralization is the way, and this is the road!

See you in the swarm, publishers! 🐒🍯🚀 https://1hive.org/

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