Community Core Value
Value Proposition
Decentralization: The primary value proposition is the decentralization of the due diligence process. This means that it's not controlled by a single entity or authority. Instead, it relies on the collective efforts and wisdom of the community. Decentralization fosters trust and reduces the potential for bias or conflicts of interest.
Open-Source: The platform is open-source, which means its software and tools are freely available to anyone interested. This encourages transparency, collaboration, and inclusivity within the community.
Collective intelligence review: Refers to a collaborative and community-driven process of evaluating a particular subject or problem through the collective input, expertise, and insights of a group of individuals. This approach leverages the combined knowledge, experiences, and perspectives of a diverse group to make more informed and often more accurate assessments or decisions.
Community-Driven: The key focus is on the community itself. The community members actively engage in research and evaluation, working together to ensure that blockchain projects are thoroughly assessed. This promotes a sense of ownership and responsibility among the members.
Collaborative Review Process: Collective intelligence review involves individuals working together as a team or community to collectively analyze, evaluate, and review a specific topic or issue. It's a departure from traditional, individual-based assessments and instead relies on a group effort.
Diversity of Expertise: It recognizes that the participants in the review process bring a variety of expertise and backgrounds to the table. This diversity is essential because it can lead to a more well-rounded and comprehensive evaluation. Each participant may have unique insights or knowledge relevant to the subject.
Delegated Due Diligence: The community takes on the role of performing due diligence, meaning they investigate, analyze, and verify the viability of emerging blockchain projects. This delegated responsibility is at the core of the value proposition, as it shifts the responsibility from centralized authorities to the broader community.
Consensus-Based Decision Making: A crucial aspect is the consensus-driven approach. It's not enough for just one or a few members to evaluate a project; the entire community collaboratively reaches a consensus. This ensures that decisions are made collectively and reflect the collective intelligence of the group.
Empowering Emerging Projects: By conducting thorough due diligence, the community helps emerging blockchain projects gain credibility and support. This support can be instrumental in their success, and it aligns to foster innovation in the blockchain space.
The core value proposition of decentralized due diligence lies in the community's active participation, collective wisdom, and the decentralized, open-source nature of the platform, all of which contribute to more informed and trustworthy evaluations of emerging blockchain projects.
Last updated