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RE: LeoThread 2023-12-14 12:46

in LeoFinance11 months ago

People use fb, twitter because celebrities are there, their family is there, their friends use it. How can you beat that? I understand good content. But people here are getting 10-40 USD for posting actifit status, so yes it's money.

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We may struggle to get big celebrities, but smaller stars might like Hive. We have musicians, artists, writers and photographers here. We ought to consider if the rewards go to posts that add value.

There is one more concern here, if we invite celebs and top influencers, small fishes would feel left out of the rewards. because small fishes would earn more on twitter than on hive in comparison to influencers........ if web2 social media is harder to crack for them, hive becomes even more harder if same influencers come here. It's totally rigged and zero sum game for any creator to start from scratch if we compare to web2 social ... taskmaster is right, we have to base Hive on services, data, attention instead of numbers and adoption race...

So what will add value to Hive? There will always be some potential rewards, but if $HIVE went to $10, then you could get something for smaller votes. Hive with 10 million active users would be quite different, but we early adopters have an advantage. We may earn more from curation than from posts.

Point but retention, I just don't know how it will be possible. We can't think the way average people on web2 as far as the retention goes.

We may not compete with the big platforms, but 1% of the users of twtr would be nice. We can focus on niche interests. Just getting more crypto people would be a start.