We had a great time yesterday at Freehold's Public Townhall, and thank you to all 42 folks who showed up! For everyone else, this post is for you! Below is a video of the townhall and a summary of what we covered:

Freehold’s mission is to accelerate the advent of a user-owned internet.

In order to get us one step closer to that, we developed a model that creates communities that share value, and can earn crypto they actually use. The Freehold model aims to have more impact per dollar spent than traditional startups while creating more stakeholders earlier on.

For more info on the model, check out our post What is Freehold?

We are in the beginning stages of product development, dogfooding the experience ourselves first with the STX Freehold, which you can join by filling out the applicant survey.

Below is a summary of two products being built to help validate the STX Freehold: Hodl Score and Hodl Chat. We’ll also cover anticipating liquidity needs for future Freeholds below as well.

‍

Hodl Score

Knowing which Freeholder earned crypto, had an impact, and held that crypto is fundamental to creating a larger, fairer Freeholder labor market.

Freeholders stand to benefit from the market knowing they are a high impact hodler. By earning tokens that sustain value and choosing to not sell, they signal to the markets that they are pro-growth and pro-wealth.

Hodl Score makes it easier to know who to work with and who to reward over time. Hodl Score should, paradoxically, lower the general cost of labor while growing the wealth of folks doing the labor.

We are beginning to develop a basic “Hodl Score” which can be used by Freeholders, starting with the STX Freehold (which you can enter by applying here).  Hodl Score is different from a Credit Score in that Hodl Score evaluates the asset/earnings side of the users balance sheet, whereas a credit score which evaluates the liability/debt side. (note for the finance/startup nerds out there: you can find a brief history of FICO on Forbes.)

We plan to officially launch Hodl Score by December 2020 and will give updates as it progresses. Meanwhile, here is a preview of some sample inputs we are thinking of experimenting with:

We will use Hodl Score to better reward Freeholders, which should enable them to earn and hodl more overtime.