You are viewing a single comment's thread from:

RE: HOW TO IMPROVE ENGAGMENT ON HIVE

in LeoFinancelast year

I disagree with your viewpoint. Hive is based around stake due to what it offers and the idea is to grow one's stake over time.

And that is why the platform is doing poorly and probably will sink into oblivion. Content is more important than stake. If the platform was set up differently probably no one would be worried about stake because creators would have other means of getting revenue through ads, endorsement, tips, etc we are trying to create a creators economy, not a stakeholder ecosystem. You are only scared of your stake being diluted because you know the value coming into the ecosystem does not commensurate with the value leaving. If hive was bringing in more dollars than it was taking stakeholder won't have any issue with it.

Everyone has to make up their mind. If we want a content-based platform, then we should take content seriously. If we want a stake-based platform then maybe we don't need content because it is diluting stakeholders' stake which is why they are holding the platform back.

I am a content creator who cares about getting the most value for my content. This whole talk about stakeholders' interest is exhausting and probably one of the reasons Hive is where it is today (below its true potential). And by value, I mean views, comments and money. And I believe this is the case for other established authors in the Web 2 space. No author is coming to hive to become a stakeholder, that's only an afterthought. So it is either we figure out how to use the content here to increase stakeholders' stake by making it a profitable venture and not some form of philanthropy or we scrap content creation.

Sort:  

That is where you are wrong as by holding stake it offers you the ability to support others. If everyone here was taking out their rewards frequently then there would be no support. All the dapps are backed by Hive and this will not change as it is how Hive holds it's value. If you had stake you would see the value it holds and could support your followers far more. There will be advertising etc coming into play, but those paying need Hive and thus stake. I would like to see more decent creators as hive needs it compared to what we have now and where does that leave everyone else as they are going to be left behind. Don't be fooled stake is everything and it will always be the case.
By the way Hive is not sinking into oblivion it just needs decent marketing and Leofinance will get it right. No one knows about Hive and this will change.

That is where you are wrong as by holding stake it offers you the ability to support others.

Is this a responsibility everyone wants to assume? Most people here would rather delegate their stake to creations guilds. They are not interested in that whole process.

Don't be fooled stake is everything and it will always be the case. By the way Hive is not sinking into oblivion it just needs decent marketing and Leofinance will get it right. No one knows about Hive and this will change.

Maybe step outside and see what some of these web 3 social platforms are doing, you will have second thoughts about hive. Also the stats shows we are dropping in active users. Most social platform reach 100million users in 5 years. The blockchain is close to a decade. That gives me some concern and that this why I write those posts. I can easily speak on something else, earn, and move on. But I do care about the platform. I promote it off and on chain. However, I do not think it will reach its potential with the way our reward system is setup and the fact that we prioritise stake over the overall wellbeing of the platform. I joined this platform on 2018 and there are barely 2 persons from that time (that I know) that are still active. So no one can tell me it's doing well. Thankfully leofinance and 3spk are still putting in the work. I won't be here if they weren't