We want to maximize value creation for all people and communities.
We believe value is maximized when 3 conditions arise:
Distributed, decentralized ecosystems can create more value because more people have more opportunity to create more value for their communities.
While web3 ecosystems can theoretically create more value than their centralized counterparts, in practice they have generally failed to do so.
In many DAOs, for instance, a tiny minority of people are rewarded for contributions - and rewards are often wildly disproportionate from value created.
In the centralized world, many systems can still function well enough to benefit contributors: teachers for instance, are underpaid - but at least they tend to be paid.
Web3 contributors have learned to extract value from whatever ecosystem offers the highest bid, rather than to their unique skills and capabilities to add lasting value.
Communities learn to commoditize their community members, and extract lowest common denominator contributions - because at least it’s transaction volume.
Web3 isn’t achieving its potential or attracting top talent because bad behavior has slowed the building of infrastructure that can drive system-wide adoption.
The set of capabilities and tools required to support distributed, decentralized (scaling) communities in creating more value hasn’t existed:
Without these capabilities, web3 communities have rewarded transaction volume instead of value.
They instead often focus on DeFi incentivizes and engagement farmers, as such activity appears to have short-term impact on TVL (and token price).
These initiatives often aren’t long-term viable because they incentivize extractive, non-loyal behavior and devalues contributor capabilities.
We help web3 communities maximize value creation. We provide tools and capabilities that fix the architectural flaw, kill the system bug, and heal the infection:
$2.8M annualized grant
Gerry, ApeCoin Foundation member
Inspire and fund community contributions in alignment with the greatest needs of the DAO, and with a commitment to driving greater efficiency, utility, and value.
$7M annualized grant
Create a scalable pluralistic grants framework that decentralizes value creation, attracts top talent, and doubles down on winners.
$1.3M annualized grant
Jesse, Optimism Foundation
Attract decentralized marketers (“ambassadors”) to understand the value of previous grants and create and distribute well-educated marketing content across socials.
3x founder, CEO of social impact tech
Former OG crypto CTO; VP Engineering
Head of Decentralization
Former GitCoin leader; sybil expert
Head of Governance
Former GitCoin leader; Former CIO,
Procter & Gamble
Board of ApeCoin Foundation, Enterprise CFO background
Head of Blockchain
Engineering leadership at BitFinex
Head of Customer Success
Former head of M&A Legal for the Americas, Morgan Stanley
Interested in joining our team?
Let us know how you can help us Thrive!
The Thrive team is over two dozen builders. Most of us have worked together for years, and across organizations. We care deeply about our vision and the impact we can create together.
Thrive supports Arbitrum, Optimism, ApeCoin, and others at scale. We are trusted by more than 150k contributors, 60% of whom contribute value across web3 ecosystems.
We are funded by OG web3 VCs, including HashKey Capital, Youbi Capital, BitScale, Continue Capital, Lightning Capital, and Gaingels - early investors in many leading L1 and L2 chains.
Thrive powers top web3 communities
Thrive Protocol decentralizes
Thrive DAO is formed
Thrive onboards top communities into web3
Thrive Protocol improves millions of lives
Thrive DAO shocks the world
The Book is written