Hello!
Voronoi here, looking to learn more from the core blockchain dev team about HF25+ goals and priorities. It would be great to hear if improving Communities at the blockchain-level is part of the the team’s thinking now, and if so, what kinds of updates are being discussed? From the outside looking in it’s not very clear what the priorities are once the housekeeping of HF24 is complete.
In the spirit of your open call, I put together a couple of draft ideas aimed at equipping Communities with token collecting/sharing options. Please keep in mind that while I know Hive well as a user, I am not technical - so some of these suggestions could end up being solutions that frontends can solve, while others might require changes to the chain. That said, here are 3 proposals:
Adjustable Community Beneficiaries
In Short: Community team members (Admins / Moderators) can automatically receive a percentage of the rewards generated by posts published within their Community.
Scenario: A new Community focused on “Crypto Gaming” is launched. A 2% beneficiary is assigned to the Admin, and an additional 3% is split equally across all assigned Moderators (mods). In this scenario a total of 5% of all “Crypto Gaming” post rewards would be split across the Community Team. Ultimately, these beneficiary splits will help build the Team’s stake, giving them more influence to scale their community without the explicit support of a like-minded whale.
Note: This sets the stage for Communities to explore the prospect of developing their own unique applications. Ideally, most Communities could aspire to integrate their own HMT (HiveMind Token? Or are we really still going with that “smart” and “brain” nonsense?)
Adjustable Community Subscription Fees (one-time or monthly)
In Short: Communities with paywalls.
Scenario: A new Community called “Hackathon” is launched with a 10 HBD entry fee to Subscribe to the page. When Subscribing, the user is prompted to pay a one-time entry fee. (This paywall would restrict who can post/comment within the community, but not who can vote). The 10 HBD would go towards a receiver @account(s) assigned by the Admin. In this case, subscribers can submit their proposals for the Hackathon and their fees collectively contribute to a Hackathon Prize. In many other Patreonish use-cases, fee-based Communities might enhance the desire to "use" HBD and give outsiders more reason to purchase it.
Note: I believe paywalls are very important to experiment with in order to give Hive a sustainable economy. I'd imagine this could open up a new wave of potential services like subscribe-able content (newsletters or even commissions when paired with something like this).
Community Advertising
In Short: Fee-distribution to Communities from on-chain advertisements.
Let’s build a new decentralized advertising mechanism across Hive. While burn-to-@null advertising has the potential to put some mild pressure on the token supply, it’s not likely to be impactful for a while. I do like what Peakd created with the “score” (more sent to @null = higher rate of visibility). On top of that, why don’t we bake in options on-chain to swap @null with real accounts within Communities? Ultimately, Communities are where more of the eyeballs are likely to be hanging out anyway. So, how could this work? Community Admins would have the option to opt into tag-based ads and in doing so receive a percentage of the overall advertising fee.
Scenario: The “Hackathon” Community just announced a new contest called "Open Call for Blockchain Games" and want to advertise it across the Hive network. For 50 Hive the Hackathon Admin (or other team member) submits the announcement post to be shared across all Communities that have opted in to ads and whitelisted the #gaming tag. There are 3 communities who have opted in for ads, one of which is the “Crypto Gaming” Community which has the most active users. Here’s how the fee could be broken down:
| Community | #gaming | Opt In | Active Users | Fee (%) | Fee ($) |
|---|---|---|---|---|---|
| Crypto Gaming | ✓ | ✓ | 1,250 | 62.5% | 31.25 Hive |
| Chain Games | ✓ | ✓ | 150 | 7.5% | 3.75 Hive |
| Hive News | ✓ | ✓ | 600 | 30% | 15 Hive |
| Gamers Unite | ✓ | - | - | - | - |
| Cool Stuff | ✓ | - | - | - | - |
Fee Income Sharing: From here, I think it would make sense to offer Community Admins the option of how to distribute any potential ad income. In this case, there are two options:
- Team: X fee income shared across Team (opt in requires Admin to select an Admin % + Mod %)
- Community: X fee income shared equally across snapshot of Active Users
Note: Calculations here account for “active users” not “total subscribers” to avoid dead communities milking advertising fees, etc. This is just a first draft idea, there are lots of other factors here that can make this more accurate and honestly more targeted than something like Brave's BAT mechanism. We've got the pieces here, why not put it together?
Looking Ahead
I would encourage the core team to explore and post their ideas about Hive here as well. Where do you want this chain to go? What from the old guard do you want emphasized or abandoned? It's encouraging to see ideas like the HBD Market Maker proposal and hope that more people join and post > here < too!
The paywall idea is interesting, will give it some thought.
Great, thanks for reading @blocktrades. Paywalls could be very powerful for Hive and breathe some new life into the HBD ecosystem. Looking forward to learning more about next steps for the chain and keeping tabs on the Hive Improvements page.
PLEASE!
Paywalls should have been here by now. This feature is desperately needed in so many ways.
Community paywall is actually a fantastic concept. I'm in favor of the other ideas too.
Thank you @demotruk, I really like your Decentral-Bank idea for HBD!
This is more of the thinking that I like to see. While some of the devs here do great work at a coding level they have for too long ignored the business and marketing side of the blockchain.
What do we have here?
People and content. Who values that? Advertisers.
It would be great to have ads in my community and receive a portion of those profits in crypto. Hive or otherwise. We are wasting a resource by not earning ad revenue from thousands of people creating content on a daily basis. It's money gone to waste.
Think of the marketing possibilities from telling people that they can create a community on hive. There will be some discreet advertising and they will receive a portion of the revenue depending on how active their community is. That is a much easier sell to non crypto people than what we have at the moment. That is something that they can understand and an incentive to bring in more users and grow the value of the community.
That could be pushed into a token or voting bot or whichever way you want to give back to those community members that are creating value for your community. It's the right way to grow a userbase and hive as well.
Brave browser makes a lot from giving BAT to its users and the ads they share are crypto ads...cause lets face it most companies won't want to creat ads on a blockchain based platform cause they don't understand what its all about.
We need to let these companies know about their potential market if they advertise on Hive.
Felicitaciones en su proyecto, que logres todos los propósitos. Feliz día.
All seem like great suggestions to me, with very big potential.
This is a very interesting idea and I fully agree this could help to build the community strength. But this paywall may also prevent the small communities from starting at all. So it should be kept optional, if implemented.
Hi @lemouth, thanks for your feedback! I absolutely agree and think that any paywall feature should be 100% optional. Ultimately, I think paywalls could create some added community diversity and make exploring different types of communities (paywall vs. free) very interesting.
We then enter the world of the extra benefits for the fees, which is where a community should go to become sustainable (but easier to say than to realise) :)
Nice to see you back @voronoi! Welcome!
Hey hey thanks @acidyo! I've been lurking ;) great to see a lot of new and OG characters around here.
I do like the idea of a community paywall. It could also be a delegation wall. It would help keep the teams eager and honest.
The option to have a token / and a delegation paywall would be great. I think this combination could actually accelerate the growth of grassroots communities and add some very interesting new use-cases.
Excellent presentation dear friend @voronoi
Without a doubt this will be beneficial for the community.
I take the opportunity to wish you a splendid weekend
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