# DeFiWiki basic overview

# Problem

**All big media companies** are broken to lesser or greater degree, since they **have misaligned incentives**. They are always sponsored / paid / involved with the very actors they are supposed to report on. And this as true for crypto media(if not more so) as for the traditional ones. E.g. Messari(or any other crypt media), one of main DeFi info sources has investments in various projects and the reader doesn't even know which projects they are involved with and to what degree, in order to correct for their bias and there is nothing really at stake for them if they misreport. If somebody from their team reports something incorrectly or in a very biased way, there is not really any penalty for them nor correction mechanism.
Even if the company is driven right now more by it's culture and ethics, **in the long term the incentives always win**. Google also began with "don't be evil" slogan...
# Goal

Create credibly neutral decentralized storage platform about DeFi projects.

## Advantages

* Content is clearly attribute to maintainers / editors
* List of maintainers that attribute content to its maintainer
* Not opinionated content
* Content is not created by one company with incentive to monetize it, compared to other content creation platform of this sort (messari, blockfolio, etc.)
* Protocol-like approach to content
* Anybody can create specific frontend that display only certain data or displays it in a specific way or display data only from specific contributors.
* Provides visibility into the topology of the defi ecosystem
* Structured data allows relationships between protocols to be more transparent
* Awareness of existing solutions enables developers to reuse building blocks and facilitates innovation within the ecosystem

## Tl:Dr

Our DeFi wiki platform would be like wikipedia on steroids.

**Why would defi projects maintain their own wiki page?**

1. New projects \
To gain visibility on their project. This would be true only for new defi projects.
2. Established projects \
The projects that have already gained traction can delegate this to community members. The incentive of community members could be to get recognition / bragging rights / portfolio by being a maintainer of a specific wiki page. Projects can also decide to incentivize documentation through monetary means (e.g. Yearn)
3. Credible neutrality \
The platform we create is credibly neutral, storage decentralised, so cannot be altered or changed by us or anyone else. It gives assurances to the project that their wiki page will not vanish in the future or be altered by us or any other third party. This is a huge blocker in traditional web2. Nobody wants to build on someone else’s platform they have no control over as Zinga, development studio whose business was basically killed by facebook can attest.
4. Asurance of data persistence
5. Frontend agnostic
1. We expect other teams to create different frontends and let users decide which frontend is most useful
2. This also prevents or rather levels the field for favouring some data before others without proper justification. Every frontend will be biased by design, the best what can be done is let users decide what frontend is the best.

Credibly neutral decentralized storage platform about DeFi projects.