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RE: HOW TO IMPROVE ENGAGMENT ON HIVE

in LeoFinancelast year

The problem with what you are saying is Hive holds the value and most of the tribes have been plundered by milkers

Statements like this are the reasons many of the best creators have left over time because they are been addressed as Milkers when in fact (based on the stats) the larger stakeholders are the biggest milkers.

The problem with the reward system as I have mentioned is that it is giving more than it receives. There is no social app set up this way. You paying 5-50 dollars to a post that has less than 5 views and 2 comments, who does that? Do you think people will see such opportunities and not capitalise on them? Anyways, most people are fine with it, what do I know.

The stakeholders are the ones who are adding value to Hive through holding their stake.

Why are we then giving out tokens to creators? What's the point? We can simply turn Hive into a defi platform and scrap content creation.

the problem with monetizing the communities through incentives what value will be held by the users if they are selling what they earn weekly?

I say none. Value should come from outside in form of ads, api fees to network, subscription, resource create purchase etc and not on creators holding tokens. I dare say if this blockchain was ran well you wouldn't want people staking hive because it reduces your share/power in the ecosystem which would come with a lot of benefits.

If Hive had a user base of 1 million next year engagement levels would be up but the earning ability would be down due to the rarity of earning Hive as the reward pool is constant. Stake is the most important factor on Hive as this supports every user whether they comment or post.

I do get your point. The issue is if this really worked hive would be on a whole different trajectory now but that's not the case. Hive needs to be profitable. It cannot rely on people's altruistic nature.