Mirror is the next big change in the long history of symbolic communication. Through a decentralized, user-owned, crypto-based network, Mirror’s publishing platform revolutionizes the way we express, share and monetize our thoughts.
As part of my #rediscovercrypto journey I am looking at what is up and running in Crypto, what has materialised over the last few years. I am really excited to try out all the Dapps that are popular.
Mirror.xyz
This DAO project is interesting and would appeal to many on #hive. It's a decentralised writing platform and DAO on Ethereum for publishing content and raising funding.
Onboarding
You need to link your twitter account and a wallet then its fairly trivial to create a post.
My first post Entering Web 3.0
NFTs
A cool feature of Mirror is that you can turn your content into an NFT.
Editions are a way for creators to mint a limited supply of identical NFTs at a fixed price
...
Editions can be used to:
Mint digital collectibles
Create community memberships
Represent tiered rewards
Governance
I am still learning about the governance but they have a few interesting approaches in particular the write race which is a weekly competition to choose who gets membership of the DAO
Downsides
For a decentralised platform its actually difficult to find out about it. They have a website with very little info. You cant browse the content easily at the moment. Their discord doesn't give away much either. I came across a news article from June that said Union Square Ventures has invested $10m into it.
Gas Fees - These are a problem imo. To mint an NFT I tried to do a test and it was going to cost $105
Read More
You can read more on the mirror blog at https://dev.mirror.xyz/
How does #Hive Stack up?
Mirror might appeal to low volume high value content (like publishing a book) but in terms of opening up the publishing world to the masses #Hive is a long way ahead with #proofofbrain and #pal
Previous Posts in this Series
If you are rediscovering crypto after an absence why not make a blog on Hive using the #rediscovercrypto and share with the community what you find.