Overview
About
DSCVR is a Web3 social network with crypto-native functionality that rewards users for great content.
The social home for Web3 communities
A platform that belongs to its community.
At DSCVR (pronounced discover) which is currently in beta, our mission is to create a decentralized social content aggregation platform where users not only control the content, but also the platform itself. Think Reddit, if Reddit’s development was run by its most dedicated community members.
Currently, the major social networks are controlled by massive companies that often make questionable choices. Critical decisions that drive the platforms happen behind closed doors. This leaves users often feeling confused, frustrated, untrusting, or upset. “Why does this redesign feel terrible? What are you doing with our data? How are these decisions being made?” These are painful feelings that occur repeatedly across today’s social networks. The user is stuck choosing between the lesser of two evils or just turning a blind eye to the questionable parts of a social platform if they want to use it.
But we can envision a different future: a decentralized social content platform owned and controlled by its users. Put power in the users’ hands and allow them to decide the fate of the platform. The people who love, use, and care about the platform most will be the same people who control it. At DSCVR, we’re working to make this future a reality.
Governance will play a key role in reaching this vision. Our governance model starts with 2 very simple concepts:
Users earn governance rights. With these rights, they can make product decisions to guide the direction of the platform.
Upvotes get you votes. You earn rights by receiving upvotes on posts, comments, and portals you manage and create. In essence, DSCVR’s most valuable and dedicated community members will guide its future.
These rights will be represented by a Social token. As we continue to build DSCVR, one of our primary points of focus will be architecting meaningful social tokens that give users real influence. It's crucial that we have a way to empower the right users, allowing the good actors to clearly distinguish themselves from the bad. As we work through our feature roadmap, we will create ways for the users themselves to audit the social tokens and together we can tweak the algorithms they’re built upon.
Additionally users can fund the platform, support its growth and earn another type of token: the Service Token. These token holders will focus on creating economic value for the platform itself. Service token accounts for 50% of the governance decision. Below is a handy infographic of this token architecture for the visual learners out there.