HBAR Foundation, the development team behind the Hedera blockchain, announced via a blog post on Thursday that it has launched Thrive Hedera. Thrive Hedera is a new initiative designed to excite their community, streamline grant allocation, and expand the reach of marketing and onboarding efforts.
The new contribution system introduced by Thrive Hedera rewards engagement and exploration across the ecosystem. Examples of quests might include following an X account, writing a blog, creating a video, performing a swap on a DEX, or launching an NFT on a marketplace.
Hedera Hashgraph is a distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance. HBAR is trading at $0.0525 at press time, down 1% over the last 24 hours.