These are exciting times for Hypha. After the restructuring, the voice reset, and the creation of the Hypha Anchor Council in November last year, we have now completed 22 council meetings, all geared towards making Hypha a fully funded top organization in the Web3 space. We’re also working on bringing new and exciting products to the market, as well as developing strategic alliance partnerships to help grow the organization.
One of our core products is the Hypha DAO, which has now launched into its official "alpha program" with more than 50 participating organizations (mostly friends and family). Once the alpha program is complete, we will move towards the beta program later this year (we are targeting June-July). This will open up access to the DAO for anybody and the signup form is already up on our brand new website, check it out at
https://hypha.earth/. Hypha members have been recognizing the need for the continuous support of the SEEDS ecosystem and the urgent need for Seeds tokenomics revisions. Several members have committed to support the Seeds Currency, the Seeds Commons (SC), and other new working groups that are being established by the SC to gain more clarity around governance and communications.
Hypha is continuing to manage the Seeds Treasury through its Fin Flow Circle lead, Mark Epstein. This is a big task and requires much improvement in the near future in order to support the Seeds movement and the planned rollout of an improved Seeds tokenomics architecture. Hypha is ready to support the Seeds Commons in establishing its own Treasury function and management and a multi-sig mechanism for ensuring the future security of its Seeds assets.
Other interesting projects within Hypha include support for the new Seeds currency in the Light Wallet, the combination of the Desktop and Light Wallet groups, the white-labeling of our products, and the integration of Hypha and Chariot Payment Systems for peer-to-peer transactions with traditional banking interfaces, and other revenue sharing opportunities. We are also working towards an “Ecosystem-as-a-Service'' token staking model that will benefit everyone in the ecosystem.
Nevertheless, we are most excited about the launch of the new Hypha DAO for Hypha and all alpha participants. This 3rd generation DAO marks a huge milestone in the history of DAOs (there is nothing comparable in the market at this point) and the development team has done a tremendous job getting us to this point. The list of beta applicants is already growing fast and we have a list of new features in the pipeline, ready to be released to the entire ecosystem. Stay tuned and if you wish to become a Beta Program participant, then please complete the form below!