If a brand could attract 10000 consumers all with 2 cent votes, which is even more affordable, all from the outside, bringing them in, what does that do for this ecosystem?
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If a brand could attract 10000 consumers all with 2 cent votes, which is even more affordable, all from the outside, bringing them in, what does that do for this ecosystem?
alright mate, i usually love your comments but seems you're more interested in discussing something unrelated here and I haven't even had coffee yet
It's not unrelated. The brand influenced 10000 people to view and support their work here and they all have enough stake to provide a vote worth 2 cents. Add that up.
That's far more attention generated when compared to what one individual with the same amount of stake can do.
One brand with no investment brings 10000 more people to the platform, while the individual with the large vote only brought themselves. While 10000 combined have the same amount of stake as 1.
A large vote is not as effective in this scenario. The small votes are far more effective. And since they're affordable, far more likely to occur.
Have some coffee. I think I will too and ponder if I'm living inside of a simulation or not.
Okay but the talk was about investors trying out hive and if it matters if they can try it with 1k hive or 10k, 100k, 1kk. They're not going to get the same experience depending on how much they bought in to test it with in all aspects, it's another thing if that brand can bring in 1000+ other minnows/dolphins, that'd be best case scenario but we haven't had much luck in actual influencers outside of this place understanding and seeing potential in hive enough to actively try to bring in their audience/followers to support them and get support back.
What's the difference between a "consumer" staking tokens and an "investor" staking tokens? Nothing. Words. Their behavior is different. One came for content and the other just wants profits at some point.
I am so pissed I don't have access to a sizeable crowd, because I would just do what I said and just show you what I mean. I hate that I can't. It would be so much easier than trying to explain.
That 10000. Their Hive experience would be showing up to support the individual they came to see. They already know how to consume content. Then maybe they'd browse around and "test" things. And I'm not talking about "influencers". Just a content creator looking for ways to monetize their content. I think offering consumers the chance to support their interests while being rewarded "curation" rewards which I would rebrand into "consumer rewards" is quite clever.
People with large markets have shown up but they never once asked anyone to support their content this way. And any time I try to explain it, people act like they don't know wtf I'm talking about. lol
With an actual plan to offer people, we could have million people here in less than a year all staked up and ready to go.
Anyway. This isn't the conversation I wanted to have. I merely wanted to point out how smaller votes are more effective, especially when it comes to attracting outsiders and investment into, whatever it is, we actually do here. Growing slightly concerned if this never catches on, things will just stay the same.
Have a good one. Sorry for interrupting.
Mate I know what you mean and it's definitely up there in advantages hive offers to both consumers and creators. I've seen you discuss this at length often, it's all valid. It's just that for this particular scenario in the parent comment the question was for people to try out hive that it doesn't matter what amount of stake they have, they can try it with whatever amount and that 13 week powerdown should remain because of that which I argued there is some difference in how much stake you power up and the reaction you'll get based of it in terms of attention. I.e. it doesn't change how much you earn percentage-wise, but if you have someone like another Dan powering up compared to someone just testing it with $200 you're definitely not going to get the same amount of attention with your voting on other people already here.
I do agree that having 1000 people with 1000 hp each is more effective than 1 whale with 1mil HP, the whale isn't going to contribute 100 reblogs, 200 comments, 200 replies, etc in the same post and many other factors.
Well sure. So I'll just add there's a strong chance a consumer in this scenario would be supporting someone for several years so I don't think the powerdown length would matter much, to that crowd.
And improv is 100% correct thinking the powerup in smaller increments could be wise, especially for the scenario I brought up, where the consumer would most likely add to their level of support gradually anyway.
Real world example: They'll drop 20 dollar tips on streams often for example, but not every day. Their first tip was probably just a dollar to test it.
As for large powerups. Personally, that doesn't excite me. It's great if someone wants to do that but maybe a little odd when people gather around to be extra welcoming. But that's just me. So yeah I probably missed your point and read something else. If it was me I wouldn't want to be celebrated.
On the other side of that, I was always really happy to see a new member show up under my posts. Gave a few the full upvote treatment as a welcoming gift.
Shit. I'm rambling.
On topic: I'm fine with the powerdown period going unchanged. It's not broken. And if the goal is to change things so we're like other investment opportunities, those little tweaks never bring people in, because they still have other investment opportunities and don't need to switch.
We create legit products meant for consumers and I strongly believe that's our target audience/market for the most part. That's where Hive can be a trendsetter. That money flowing in would be attractive to investors. Always said, "Easiest way to stay behind is to follow trends." Cub missed the boat. 20% HBD did nothing. NFT platforms didn't take off. And so on. Following that pattern I don't see tweaking the powerdown period as the key feature of Hive that'll attract the world's money. Just my opinion. Whatever happens, happens.