The price is crucial for retention. I can see several people I onboarded years ago coming back at about $1-2. At this price, a reasonably good Czech article would likely generate $25-50 in author rewards, so the people won't feel like wasting their time.
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I dont agree 100% with my own vote. But I believe many wont comeback either way. But with price ticking up I hope to see us attract new groups of users! Hive is very special and more people should learn about us👏
Of course, it does not apply to everybody.
Regardless of attempts to censor of one platform and wasting DHF money, however, Hive is generally heading the right direction. And this can be reflected by some OG's that stopped using it when the price dropped.
Yeah agree. We tend to put much focus on the bad stuff on Hive, but there is not another project out there that have what we have here.
Well, inefficiency is rather common everywhere. That censorship should bother us way more :)
Censorship isnt what the everyday person thinks about and value. Unfortunately.
Latest trends are attacking imefficiencues. We maybe need a "DOGE" of Hive 🤣
You all of this. What we need is more new users who really like it here and help us add value to Hive.
This is why I think short form content is so important for HIVE. It's less reliant on price of HIVE as the users there are less likely to care if their snap earns zero cents than bloggers.
Not really - would you snap here if you had zero chance to get any reward at all?
Probably not, though I would probably still snap even if HIVE was 5 cents. I'm just saying that regular snappers are probably more sticky retention-wise than regular bloggers who focus too much on HIVE's price.
These 5 cents at $0.25 would become 20 cents at the parity with dollar. Not bad for a sentence or two, huh?
Imagine we get to the dollar, stick there for a few months, and then drop back to $0.25. You'd be used getting at least ten cents per snap, and suddenly, you only get two.
You may feel like wasting your time, and lose interest. Or perhaps not you, but many people would.
It works the same for short and long form, only at scale. People who left used to publish at way higher price, earning way more than you can get now.
Yeah, everyone's different. The problem with relying on HIVE's price as retention or getting people "back" is they inevitably will leave again. I'm not really sure what the solution to that is.
Long-term stability with optimistic future :)
People would hardly leave in a mass scale if there we kept around $1.4-1.6. Obviously, some would quit, some new would come to replace them though. At this price, everybody would get about 5 times as much as now.
A common snap would easily get that five cents. An good English post say $40, and an outstanding one $100+. Not bad, many copywritters are paid less.
High hive price would create lots of hype and fomo. That would be sweet if it ever happened.
you do realize however that there's literally billions of people, the 99.999% that do "waste their time" on social media while never getting any monetary rewards of any kind ever, right?
I am. People create their accounts there to have fun in the first place, though. People here want to earn in the first place. That makes a huge difference.
You may want to define what you mean with "people" in the poll I guess
Good point, for the next time perhaps. Thanks!
You're saying people who earn from articles outside would only come back once the post rewards were 2 match those rewards so they wouldn't feel like they're wasting their time.Im saying we should invite people that don't earn anything so they can do the same here but get somethin
I onboarded at least 50 people, maybe 100 if you count everyone, even those who commented, but not published a single post.
Most of the ones who left did so mainly for not feeling their time was paid well. That's perhaps because I promoted it as a social network that, unlike conventional media, rewards content.
As a whole, we've never been succesfull promoting Hive as a social network without the financial aspect; and the financial incentive is likely what drives retention the most.
I'm not saying we shouldn't mention the rewards, just how they can be obtained I guess. What we want is for people to earn some stake so they can continue distributing it to others, not just see it as a way to make fiat and expect it to continue the same way forever no matter wat
There's a lot of stuff here that needs to be better balanced, some earn too much while others earn too little, some earn for things of no value others barely make anything for things that get a lot of attention, with more people there'd be more options to choose what to reward
Hi, @godfish,
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Great poll for us to debate.
It's a cycle that I think will always exist. But as others here have also commented, we need more new users. We expect "new blood".
But for anyone who wants to return to Hive, I don't see a problem and will always be welcome.
Hi, @godfish,
This post has been voted on by @darkcloaks because you are an active member of the Darkcloaks gaming community.
Get started with Darkcloaks today, and follow us on Inleo for the latest updates.