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$5.5m

Seed
Total Funding$5.5m

Recent News about ThriveCoin

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ThriveCoin.com is a startup that operates in the web3 ecosystem, aiming to maximize value creation for all individuals and communities. The company believes in the potential of distributed, decentralized systems to create more value by providing more opportunities for people to contribute to their communities. However, it acknowledges the current shortcomings of these systems, such as disproportionate rewards and a lack of focus on long-term value creation.

ThriveCoin.com serves a broad range of clients, including individuals, communities, and Decentralized Autonomous Organizations (DAOs). Its business model is centered on creating a more equitable web3 ecosystem where every person and community is rewarded proportionately to the value they create. This is in contrast to many existing DAOs and web3 systems, where a small minority often reaps the majority of the rewards.

The company aims to rectify this by developing capabilities and tools to support communities in understanding what is valuable, attracting talent to build real value, and validating when value occurs. This approach is designed to shift the focus from transaction volume to value creation, thereby attracting top talent and driving system-wide adoption.

ThriveCoin.com generates revenue by providing these tools and capabilities to its clients. It also likely benefits from the increased value creation within the web3 ecosystems it supports, although the specifics of this revenue model are not detailed on the company's website.

Keywords: Web3 Ecosystem, Value Creation, Decentralized Systems, Distributed Systems, DAOs, Equitable Rewards, Community Support, Talent Attraction, Value Validation, System-Wide Adoption.