TECH TIMES - Uhive, a British social media startup, has introduced "The Magna Carta Protocol," which serves as the world's first complete community moderation system for the social network. The company explains that they made a move to cover the gap between our "digital rights" and our rights in the physical world, especially at a time when the world increasingly embraces the "metaverse."
3 posts categorized "Uhive"
Uhive Launches 'The Magna Carta Protocol' for Social Network
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Uhive: First Social Network to Create NFTs for Users' Profiles
CRYPTO NEWS - Mar 22 - Uhive is a revolutionary new British creator-first social network that has made it its mission to turn current social networks' business models on its head. The cosmic-themed social network is the first social network to create Non-Fungible Tokens (NFTs) for its users' profiles (spaces) and that's just the tip of Uhive's disruptive technology. Uhive's social universe operates through a decentralized economy that is powered by the Uhive Token HVE2 (the network's very own cryptocurrency). Users can explore interest-based content through the Oasis - a spatial grid of virtual real-estate - and perform in-app purchases using the Uhive Token. In-app purchases vary from buying awards to reward creative content and provide it with more visibility through decentralized moderation (DeMo), to buying Spaces (profiles) that live inside the 26 interests within the Oasis. With ~300k users currently on Uhive who own ~77k spaces and 8M posts, the possibility for NFTs makes Uhive a very exciting proposition for anyone watching this space.
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Cryptocurrency-Powered Social Network Uhive Raises ~£662k Through Seedrs Campaign
CROWDFUND INSIDER - Feb 8 - Uhive, a UK-based cryptocurrency-powered social network, has raised ~£662k through its equity crowdfunding campaign on Seedrs. The funding round sought to secure a minimum of £500k, has attracted ~400 Seedrs investors. Uhive describes itself as a new free advanced social network that is divided into two “contrasting worlds,” which are Civilized and Grey, featuring VR and UHive Token. Funds from the Seedrs campaign will be used to continue the growth and development of the Uhive platform and team. The company is now offering 4.42% in equity with a £13.1M pre-money valuation through the round.
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