press release
PRESS RELEASE. DemandCircle is delighted to announce the official launch of Eunoia, Web 3.0’s very own decentralized business knowledge platform. With the goal of bringing industry professionals together in expertise-centric communities, Eunoia incentivises meaningful participation with rewards in the platform’s native token. Eunoia’s end goal is to become a DAO (decentralized autonomous organization) whereby the community members can guide the evolution of the platform towards a native web3.0 knowledge sharing community for business professionals.
Web 3.0 and the Eunoia’s Vision
Inclusion, open participation, and permissionless development form the foundations of decentralized applications and Eunoia is a step towards bringing those values to the business knowledge domain.
Sharing information is an essential part of the human experience, and technology has facilitated our ability to rapidly increase the rate at which we can discuss and implement ideas. However, encouraging consistent, thought-provoking discourse remains a challenge.
Existing centralized platforms can be unfocused, and the user experience comes second to the company’s profit. With Web 3.0’s promise of self-governance and users owning their own data, this engagement and development can now be incentivized with tokenomics. If one can immediately be rewarded for sharing knowledge that the community wants to acquire, the rate of knowledge sharing stands to increase significantly, creating a snowballing effect where society as a whole stands to reap all the benefits.
First used in Ancient Greece, the word Eunoia describes the feelings of goodwill between a speaker and an audience. From the agoras of antiquity to decentralized knowledge forums that will make Web 3.0 a truly user-owned driver of development, the medium of discussion has changed but the need for trust remains the same. Eunoia wants to enable trust between community members by entrusting the governance of the platform to the community members.
Enabling knowledge sharing through tokenomics
Everyone on Eunoia starts on an equal footing with a welcome gift of 100 as their reputation score. Users can then increase their reputation score through their contribution to the platform, along with getting rewarded in Eunoia’s native token. These mechanics are also present for content curators and commenters, where well-received insights result in a larger accumulation of reputation score and…
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