🚀 What is GoodHive 5? 🚀GoodHoney Tokenomics
Benoit Kulesza
November 18th 2024, 4:50 pm
🚀 What is GoodHive 5? 🚀GoodHoney Tokenomics
🚀GoodHoney Tokenomics: Empowering Web3 Recruitments and Jobs🐝
At GoodHive, we’re reshaping how Web3 talent connects with opportunities while creating a fair, vibrant ecosystem for everyone involved. At the heart of this mission is GoodHoney, our community-driven token that fuels our collaborative recruitment platform.
While GoodHoney tokenomics are still in the design phase, we’re excited to share our vision and the principles guiding its development.
Here’s why GoodHoney is more than just a token—it’s the key to a Web3 jobs revolution. 🌐✨
🐝 Why GoodHoney Matters
GoodHoney is designed to do what no fiat currency can: capture 100% of the value you help create on GoodHive while keeping things simple, fair, and fun.
Here’s why our community will love GoodHoney:
- 100% Value Capture: All the value generated on GoodHive goes back to the community of Web3 professionals like you.
- No Wild Swings: Stability is the name of the game. GoodHoney grows as GoodHive grows—no hype-driven crashes here! 📈
- Globally Compliant: Trade it in the biggest Web3 markets, including the USA. 🌍
- Liquid & Accessible: Once listed on DEXs and CEXs, buying and selling GoodHoney will be as smooth as minting your first NFT. 💎
🔑 Tokenomics with a Purpose
We’re working toward designing tokenomics that align with Web3 recruitments, empower contributors, and drive platform growth. However, it’s important to note that this is still a conditional future as we address legal, technical, and market constraints.
Key principles include:
- 🚀Growth-Driven Value: GoodHoney’s value will reflect GoodHive’s operational success, growing steadily without hype-driven volatility.
- 💼 Tax-Friendly Design: We aim to simplify VAT and tax compliance for freelancers and businesses alike.
- 🌎 Global Reach: The tokenomics must comply with regulations in key Web3 hubs.
- 💰 Continuous Funding: A bonding curve model will provide predictable funding for platform development while discouraging speculation.
- 🛡️ Buyback Reserve: A reserve will stabilize GoodHoney’s value, ensuring token holders always have a fair exit option.
🧮 The Magic of the Bonding Curve
To bring these goals to life, we’re exploring a bonding curve model, inspired by Simon de la Rouviere’s concept of curved token bonding in curation markets (Medium Article). Additionally, Fairmint’s continuous funding model, described in its whitepaper, offers a valuable blueprint for aligning funding and participation.
Here’s what the bonding curve will bring to GoodHoney:
- 📈 Dynamic Pricing: Every new token will be minted at a price determined by the bonding curve, ensuring predictable growth and discouraging speculation.
- 💪 DAO Governance: The GoodHive DAO will control key parameters of the curve, balancing stability, growth, and rewards.
- 🛡️ Safety Net: A buyback reserve will act as the “last buyer,” guaranteeing intrinsic value for GoodHoney.
🏆 Rewards for Early Contributors
Our early contributors are the co-founders’ team, collectively sharing 10% of the total token supply.
- Dynamic Distribution: Tokens will be distributed based on contributions to building the platform.
- Multiplier Rewards: Contributors who remain active until the public sale will see their rewards grow by up to 3x.
Interested in shaping the future of Web3 recruitments? Join us as an early contributor and be part of the GoodHive co-founding team. For a deeper understanding of how tokens are distributed among the team, watch what inspired us: Slicing Pie.
🎉 GoodHoney DAO: For the Community, By the Community
We envision 14% of GoodHoney’s supply being allocated to the DAO, enabling the community to:
- Incentivize key partnerships 🤝
- Reward advisors & mentors 🧠
- Deliver airdrops to engaged members🎁
This ensures that the Web3 jobs community directly benefits from the value created on GoodHive.
🌟 Why Join GoodHive Now?
Joining GoodHive means becoming part of a decentralized Web3 recruitment platform where you can share in its success:
- For Freelancers: Build your profile, find Web3 jobs, and earn rewards in GoodHoney.
- For Companies: List job openings, connect with top talent, and benefit from a community-driven ecosystem.
Visit GoodHive.io today to:
👉 Create your profile
👉 List your Web3 job openings
Let’s build the Web3 talent ecosystem together. The hive is buzzing, and we’re saving a spot just for you! 🐝💛
📢 Final Buzz
GoodHoney is more than a token—it’s a vision for a fair, community-driven Web3 jobs ecosystem. While our tokenomics are still in development, we’re committed to designing a system that benefits every member of the GoodHive community.
Join us today—this could be the deal of your life! 🚀