Avive World is an innovative Web3-based platform where users can control their digital identities and data, independent of major corporations.
Concept and Features of Avive World
Avive World aims to create a fair and inclusive social ecosystem. The project uses Soul Bound Tokens (SBTs) and Decentralized Identifiers (DIDs) to control users' digital footprints. The innovative Proof of Networking (PON) consensus mechanism rewards users for building and maintaining social connections, while the Proof of Digital Footprint (PODF) system validates and rewards participation through NFTs.
Technical Infrastructure of Avive
Switching from Polygon to Arbitrum in 2023 provided lower fees and improved scalability. By leveraging Layer 2 technology, Avive ensures high throughput and security at a low transaction cost. The integration of user-friendly security features like multi-party computation and social login simplifies technology adoption for users.
The AVIVE Token and Management
The $AVIVE token serves multiple functions: reward for participation, voting rights in governance, and network security. After a significant token supply reduction, $AVIVE has become more valuable. The decentralized governance model allows token holders to participate in platform decisions, strengthening the community and maintaining transparency.
Avive World offers a new paradigm for social interactions, where users own their data and participate in managing the platform. It's a truly decentralized ecosystem that could be a significant step in transitioning from Web2 to Web3.