Google’s original mission was to organize the world’s information. But, a single company can only do so much.
@Golden startup has joined the mission.
That’s where Golden, a web3 startup, comes in. Golden aims to provide a standardized interface for discovering, contributing, and verifying knowledge from a variety of sources, including centralized repositories, personal webpages, news sites, blogs, and private databases.
To incentivize accurate information, Golden has created a protocol that rewards those who provide correct data and the validators who verify its accuracy with tokens. Those who provide incorrect information will be penalized. Organizations will also be able to pay to access and use the data.
Currently, Golden’s protocol is on the testnet, with plans to launch the mainnet in the second quarter of 2023. The startup recently raised $40 million in a Series B funding round, bringing its total funds raised to $60 million. Investors in the round included Protocol Labs, Solana blockchain founder Raj Gokal, and Dropbox co-founder Arash Ferdowsi.
If you’re interested in becoming a validator and earning Golden tokens, you’ll have to wait until the mainnet launch in 2023. In the meantime, you can learn more about the protocol by reading this thread.