In terms of why nobody has done it yet, all I can think of is the negative perception around ads.
People view Hive as this bastion of freedom and decentralisation.
And running ads goes against this mantra.
But as I tried to outline in the post, they seem to misunderstand how decentralisation and censorship-resistance on Hive actually works.
They don't get that front-ends are nothing more than private businesses that choose to display the data we publish to the immutable blockchain in whichever way THEY choose.
Anyway, like you said, hopefully LeoFinance can pull a rabbit out of a hat, successfully implement ad revenue into LEO's tokenomics and pave the way for all future communities on Hive.
It will only take 1 to show that the model works!
Posted Using LeoFinance Beta
Well you've said it all. To some extent we have to begin to redefine the meaning of decentralization because I feel there should not be a static nature to it. Ads are not entirely infringing if the revenue would be to the advantageousness of the community members and the project. I think since it's not the core concept of the blockchain but individual communities people can choose to be there or not.
Anyways there's always a choice, but this time, ads and the revenue would come good. Can't wait to see what Leofinance would make of it..