At Coordinape, we've been working on a multifaceted application for GIVE. What started as a way to collectively sense a group's value produced in Gift Circles (which have been used by tens of thousands of DAO contributors since 2021) has been morphing. Now, GIVE is available in public arenas like Farcaster and CoLinks, where it is used to help people attest to each other's skills and the value of ideas.
One day, a few weeks ago, 8% of total Farcaster DAUs sent a GIVE to someone else, via our proof-of-concept GIVE Party. Growing GIVE's social applications doesn't end there. Get ready for new Frames features very soon. But, we're also working on imagining what makes the GIVE data we already have as valuable as possible to web3 builders, token sendooors, data aggregators and org coordinators by bringing it onchain.
A database (where it lives now) is not where we think GIVE should live. There are a lot of GIVE. Forty one million GIVE have been sent in our apps and using a hybrid model of offchain points has helped that happen. But, GIVE data should be publicly owned and fully interoperable. Soon, we plan to explore the most based places it can land on public ledgers, to allow the connections it represents to become a utility to the web3 community. We're researching how this data should propagate, how it should be structured and where it should live, but suffice to say it will be one of the better public archives of web3 contextual social data yet created when it goes online.
The graph of peer-to-peer GIVE connections is centered on collaborative value transmitted and created, and the combo plate of scarcity, context richness and atomic history in GIVE is like nothing that has been created before, in web2 or web3. As a public good, it will allow us to collaborate and find each other better, see each other better, and build legos on its trustless data. We're thrilled to get it into a more useful state onchain.
But getting this data onchain is really only half the project. We also have lots of work to better understand the data, too. When one wallet sends GIVE to another wallet, there is a lot of context that can help us unpack how we should interpret the transaction. Included in this are Persona attributes, like who are the wallets, what is their transaction history and token / NFT holdings, their likelihood of humanity, reputation in various contexts, interests and location in the social graph at large. These markers can help us determine the value and meaning of a GIVE attribution, and lots of these qualifiers can be sensed via wallet history and page-rank style closeness assessments. There are protocols, AI projects and algorithms out there working on being great at this already, and we want to collab with them too.
Just as important is the Location of the transaction. What was the social or organizational context of a GIVE send? Some GIVE are sent in the context of DAOs, some in the context of Channels. The fabric of organization is radically open and porous in Web3, but also maintains identifiable gates and boundaries. Recognizing the situational quality of a GIVE transaction is vital to understanding what any given GIVE really means.
GIVE has been designed to carry its own context, too, which is produced at the time of transaction via user actions and Coordinape interfaces. Really, that's its secret sauce. We capture qualitative data associated with each GIVE sent. In Gift Circles, that includes the organization and epoch in which it was sent, such as we present on CoSouls.
And, Skill Tags are super exciting here. They were piloted on CoLinks and are now available on Warpcast too. Through these tags, GIVE is used to create catalogs of endorsement style attributions of talent between internet frens in an infinite number of groupings and lists. You can be endorsed as great at Marketing, DAO Leadership, GIF Art, Ghouls and of course "Based" via GIVE, among hundreds of other tags users have created since we launched this feature a few months ago. The more context onchain the better, and we expect this skill archive will be valuable to aggregators, social media users, autonomous agents, A.I.s and future of work participants, among others, once available.
The new internet isn't just a protocol, its a web of collectively owned social relationships, and GIVE is working to become a primary monad as this structure emerges, in myriad onchain locations, to become the defacto way we relate online.
come find me in CoLinks -- colinks.xyz
