How can you decentralize?

LongHash Ventures
2 min readAug 3, 2021

We strongly believe in the philosophy of decentralization: the core of Web 3.0 and a key enabler of power for communities to drive decisions on how protocols improve and evolve. As Web 3 projects shift to a decentralized governance model, we look to shed light on how you can do so through our Web 3.0 Governance Blueprint.

We deliver insights from some of the leading crypto founders and investors and compile benchmarks from leading DeFi protocols that have already embarked on their governance decentralization journey. We hope that this will help to inform how you can decentralize to enhance participation, minimise voter apathy, and crowdsource ideas.

We thank many of the members of our Asia DeFi Network for their practical and validated insights, including Stani Kulechov (Aave), Jordan Momtazi (Synthetix), Anjan Vinod (ParaFi), Arthur Cheong (DeFiance Capital), Kristen Stone (Balancer), Marta Piekarska-Geater (Balancer), Ruitao Su (Acala), Samyak Jain (InstaDapp), Remington Ong (Fenbushi Capital), and Antony Lewis.

The report covers three major areas:

  • Structure: The degree to which you decentralize decision-making and what the decentralization archetypes are
  • Processes & Tools: The mechanisms that enable a decentralized organization model
  • Engagement & Incentives: How to build self-sustaining communities that drive the project forward

Find out how to decentralize by downloading the full Web 3 Governance Blueprint (2021) today: https://bit.ly/3ikKKx5

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LongHash Ventures

We specialize in bootstrapping Web3 ecosystems. We invest in Web3 protocols and our LongHashX arm partners with ecosystems to accelerate Web3 founders.