Hey Crypt.
Good to hear from you too. I miss you bastards. Respecting NFTs in general, I hope you're right ... I've got a big NFT project planned. Respecting Hive's NFTs specifically, keep in mind:
1.) Ethereum is close to transitionning to Proof of Stake (Casper) meaning that their high gas fees are about to disappear;
2.) Solana has already dramatically decreased the price of minting;
3.) FTX.US has joined the fray with near-zero minting costs;
4.) Coinbase is scheduled to launch their NFT platform within weeks and, again, with minting costs at or close to zero. Within days of announcing their future NFT marketplace launch (end of 2021), 2.5 million people signed-up on their waiting list.
Each of these entities have marketing budgets in the billions ... and they're using them. FTX.US has signed Tom Brady (football), Stephen Curry (basketball) and Shohei Ohtani (baseball) as athletic endorsers. They've also bought the naming rights (for 19 years) for the stadium in which the Miami Heat play. And, they'll be running a Super Bowl commercial in a couple of months. Plus, they've already listed Solana NFTs on their exchange and Ethereum listings are about to occur any day. And, they're making money hand-over-fist from their primary business activity (as a crypto trading exchange). And, while they have their own internal coin (FTT, ranked #31 with a market cap of $6.8 billion), they also have a substantial holding in Solona (SOL, ranked #5 with a market cap of $60.6 billion), arguably the hottest coin in existence.
This is to say nothing of the dozen other Top 50 platforms that are fighting fiercely for a piece of the action. Can Hive compete against any of this?
As I've argued for years, most crypto projects are run by 20- and 30-year old computer nerds who, while possessing brilliance about computer code, seem utterly bereft in their understanding of GENETIC code. What they can't seem to grasp is that the technology means NOTHING if you can't get people interested in using it. Their strategy has been, and still is, "Build It And They Will Come." It ought to be clear by now that this is an un-realistic strategy. And yet, it persists.
While Hive possesses all the pieces of the puzzle, its Achilles Heel is its inability to "Concentrate Force at the Decisive Point." Why? Because everyone is pimping their own project and the ability to coalesce around a common goal is all but non-existent. The downside of decentralization.
https://www.voice.com/creation/100000001001486
Quill