Our Mission
We decentralize Web 3.0 infrastructure
Placehodlr decentralizes the backbone of Web 3.0: the Infrastructure layer.
We are tokenizing validators across blockchains. Validators run the infrastructure underpinning the Web 3.0 ecosystem. Running these validators is serious work, requiring a niche skill set and is a 24x7 operation. As a result, validators across ecosystems are becoming too centralized.
We are at serious centralization risk!
Put together, the chains below are USD 100 billion+ in market cap, securing billions of assets in TVL (Total Value Locked). Below is a quick overview of how little it takes to create a super-minority attack on most of the popular chains / networks (as of March 26th, 2024. Sources: hyperlinked).
If you look closely at the validator list, you will see the common names between chains and hence it boils down to 10-15 super-centralized validators. These are Web 2.0 companies, controlling the infrastructure.
Recognize this image below? We need to ensure, Web 3.0 doesn't go down this route.
Placeholder owns and operates decentralized validators across various chains, as the first step to decentralizing the chains.