hybridhive

Unifying Currency Ecosystems

hybridhive is a protocol which increases the economic power, sovereignty & liquidity of communities by connecting their tokens to each other. 

They are connected to a so-called “hive”. Being part of the hive gives communities the combined power that transcends individual tokens. This leads to increased liquidity, price-stability and lower exchange fees for the communities inside the hives.

DOWNLOAD WHITEPAPER

Discover the tale of the Hivespell. 3min.

Unyfying Gold and Silver Coins in order to empower the Elves and Dwarves againsr the central Dragon Coin.  Discover the discover the workings of this spell and its marvellous effects on society. 

The technology of the hybrid token. 13min.

How the balance mechanism work, how the exchange rate for any local currency could drasticly drop using hybridhive protocol

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Why do we need it NOW ?

We still live in a highly centralized world. The dollar is the leading fiat currency completely dominating the market. Crypto set out to solve it, but because the power is centralized in very few coins, the many smaller communities with their own tokens suffer. The potential of decentralization can only be reached if we eliminate the exchange fees which drain 30 million USD from the ecosystem daily and give back power to smaller communities to shape their own faith.

hybridhive`s mission & vision

Vision : We envision a world where economic power is decentralized, and communities have the tools to harness their collective strength.

Mission : Driving economic growth, financial inclusivity, and community sovereignty through the interconnection of tokens and collaborative networks.

 

What public benefits does hybridhive bring to Society ?

The hybridhive protocol is public infrastructure that can be leveraged by all, in a permissionless manner. Its focus on enhancing the utility and value of smaller tokens contributes to the broader goals of the blockchain ecosystem.

  • Reduced centralization – By connecting smaller tokens to a larger hive, hybridhive seeks to reduce the dominance of larger cryptocurrencies, distributing economic power more equally and democratically.
  • Increased economic potential – By unlocking the potential of smaller communities, hybridhive could stimulate economic growth and innovation within the blockchain ecosystem, which would benefit all users.
  • Increased sovereignty – By reducing dependence on dominant currencies, hybridhive increases the sovereignty of smaller communities, allowing them to control their financial destiny.
  • Increased liquidity and price stability – By pooling tokens together in a “hive” the protocol can increase the liquidity and price stability of individual tokens. This is beneficial to all participants in the ecosystem as it reduces volatility and risk, making cryptocurrencies a more viable medium of exchange and store of value.
  • Lowered exchange fees – High exchange fees are a significant barrier to widespread adoption of cryptocurrencies. By leveraging the aggregated power of multiple tokens, hybridhive could potentially reduce these fees, making it easier and cheaper for everyone to transact in cryptocurrencies.
hybridhive is open source. How open ?

  • Open source code – The protocol`s codebase is open source, allowing developers and researchers to access, analyze, and build upon the project.

  •  Openly shared research – The research findings, insights, and methodologies developed during the project will be openly shared with the community.

  •  Documentation – Comprehensive documentation will be provided for the hybridhive protocol, including user guides, tutorials, and technical documentation.

  •  Community building – The project aims to create a vibrant, engaged community around hybridhive, where users, developers, and researchers can collaborate, share ideas, and provide feedback. This community building effort will contribute to the overall growth and development of the decentralized finance ecosystem, fostering a spirit of collaboration and shared success.

What makes hybridhive unique

Currently there are no protocols that allow communities to come together and merge their tokens with each other in a democratic and sovereign way.

hybridhive allows communities to connect with each other, put their individual weights together and design their own monetary governance mechanisms, tailored to their specific needs, which is a limited process in traditional standard exchange protocols.

hybridhive facilitates seamless cross-community value transfers and automatic conversion of connected tokens according to the global value shares. hybridhive protocol incentivizes individuals to think in terms of relative value shares, fostering collaboration and a sense of shared ownership, rather than focusing on absolute values such as amount of tokens on the balance.

How can you help us ?

Technical expertise: Experts can provide valuable insights into limitations of blockchain technology, protocol optimization and math modeling with a game theory.
Research collaboration: Identify and address critical pain points in multi-currency systems.
Networking: Access potential partners and organizations within the blockchain space.
Funding: Secure financial support for development, marketing, and operations.
Community building: Organize events and foster collaboration among users and developers.

What Problem does hybridhive solve ?

Centralized Power: Power is highly concentrated in the different currency markets. Most value is stored in very few currencies. The dominating currencies have then major influence over the smaller currencies. The smaller communities/countries/currencies use the dominating currencies as a medium of exchange, for trading between each other. Because they Need to use those, they are dependent and their sovereignty is reduced.

Dependent Liquidity: The liquidity of smaller currencies is highly dependent on larger currencies. In forex trading 90% of the trade by countries is done with US-Dollar. In the cryptomarket, because the majority of value is concentrated in the major coins like ETH, USDT, Bitcoin etc. their liquidity has a huge impact on the smaller coins.

High Exchange Fees: Especially smaller communities, but also the whole market, suffer from very high exchange fees. In Crypto alone, around 35 million USD are used per day as exchange fees. This is a huge loss of economic output and needs to be solved.

Insufficient Price Stability: Smaller currencies have lower price stability compared to bigger currencies. This instability makes it risky to hold them as a long-term asset.

Unused Potential: Through relatively low liquidity, reduced sovereignty, high exchange fees and low price stability, smaller communities function way below their potential. They have difficulties scaling and expanding their influence. Through collaboration they could solve these problems – “We are the swarm. Resistance is futile” Quote by Zerg & Borg.

Who can benefit from the solution ?
  • Local communities: Facilitating economic growth and financial inclusion.
  • Small businesses and entrepreneurs: Custom tokens for products; brands and services.
  • Gamers and game developers: In-game tokens and cross-game economies.
  • Non-profits: Transparent fundraising and donor incentives.
  • Supply chain management: Token-based transparency and traceability.
  • DeFi projects: Interconnected token ecosystem for seamless exchanges.
  • Environmental and social initiatives: Incentivizing sustainable practices.
  • Small Countries: Instead of using the dollar, make a hive