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Hypra is a blockchain-based project that aims to democratize venture capital through a decentralized, community-driven protocol, leveraging decentralized autonomous organizations (DAOs) to facilitate direct investments in high-potential web3 projects. Launched in March 2022 and based on a modified Ethereum Go client (fork of the 1.11.6 PoW release), Hypra uses an innovative ETHashB3 consensus algorithm with BLAKE3 hash functions. The platform's native currency, HYP, is designed for transactions and smart contracts, with a capped supply schedule reducing from 4 to 1 HYP per block over nine years, targeting a total of 124,438,360 HYP. Hypra maintains full compatibility with Ethereum and BEP20 token standards, and strives for network security, performance, and user experience through experimental features. Financially backed with over $25 million, Hypra not only invests but also supports rapid growth and development within its ecosystem.
Hypra is a blockchain-based project that aims to democratize venture capital through a decentralized, community-driven protocol, leveraging decentralized autonomous organizations (DAOs) to facilitate direct investments in high-potential web3 projects. Launched in March 2022 and based on a modified Ethereum Go client (fork of the 1.11.6 PoW release), Hypra uses an innovative ETHashB3 consensus algorithm with BLAKE3 hash functions. The platform's native currency, HYP, is designed for transactions and smart contracts, with a capped supply schedule reducing from 4 to 1 HYP per block over nine years, targeting a total of 124,438,360 HYP. Hypra maintains full compatibility with Ethereum and BEP20 token standards, and strives for network security, performance, and user experience through experimental features. Financially backed with over $25 million, Hypra not only invests but also supports rapid growth and development within its ecosystem.
Hypra is designed to revolutionize venture capital by offering a community-driven, decentralized approach to investment. Utilizing decentralized autonomous organizations (DAOs), Hypra democratizes access to investment opportunities in the web3 space, enabling collective decision-making and transparent funding for innovative blockchain projects.
Hypra uses blockchain technology to pool resources from a community of investors, facilitating direct investments into promising web3 projects. By utilizing DAOs, Hypra ensures decentralized governance, allowing participants to vote on investments and manage profit distribution transparently, aligning with decentralized finance (DeFi) principles.
Hypra stands out with its new Proof-of-Work consensus algorithm, ETHashB3, which enhances security and performance by using BLAKE3 hash functions. It maintains compatibility with Ethereum smart contracts and supports BNB Smart Chain tokens, ensuring seamless interoperability across different blockchain platforms.
Participants in Hypra gain access to venture capital activities, such as voting on and investing in high-potential web3 projects. The platform offers tools for efficient decision-making and profit distribution, engaging the community in fostering innovation while democratizing access to the traditionally exclusive venture capital industry.
Unlike traditional venture capital, which is often exclusive and centralized, Hypra employs a decentralized approach using DAOs, allowing for community-driven investment decisions. This model enhances transparency, democratizes access to investment opportunities, and aligns with DeFi's principles, making venture capital more accessible to a broader audience.
If you encounter issues with Hypra’s platform, start by consulting the community forums or FAQ section on their official website for solutions to common problems. For specific queries or technical support, consider reaching out through official communication channels provided by Hypra, such as their support email or social media platforms.
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