You are viewing a single comment's thread from:

RE: Remove content rewards from base layer? /Yea or Nay?

in LeoFinancelast year (edited)

This is a closed circle, base layers rewards can be enough to all if hive price goes up, hive price goes up if there is visibility and good Dapps.

Not even with a 10x in price do i think we can sustain a creator economy at any significant level. Base layer acts as a faucet and right now author side gets around 70k USD a month. What do we have 3000-5000 users?
The preferred option is that people dont come for the rewards but rather the experience. Eventually you still need to get top creators paid to keep providing that experience.
If we just want to spread some Hive around, that obviously doesnt matter, but if we want to have a robust content library with quality content we need to think further than the base layer.
Theres 38 million active youtube accounts with billions of viewers. The Hive base layer rewards couldnt cover 1/1000th of that number even if hive had a bigger market cap than youtube. And thats just video content.

You and other guys doing those work to the Blockchain marketing should be payed for that by DHF funds, period!

Nah, nobody can ask anything before Crimsonclad gets paid first. They could though vote more contributor stuff instead of those Stabilizer comments.

There are too many guys in Hive looking in the mirror!

True... But we are some good looking folks here on Hive. ;)

Sort:  

I will make a post to reply you here lol