I think part of the problem is the return. 20% curation compared to 200% if you swap for DEC and stake for SPS, which you can do for no fees on Hive-Engine, or a 100% curation return on POB.
I've also put a bunch of mine into the bleo-BNB pool that's a 70% ish return, swapped some for CUB for a >100% return.
It's just not rational from a financial perspective to hold Powered Up Leo ATM.
But in the long term, LEO should maintain its value for sure I agree.
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I just don't think people here consider that Hive-Engine tokens need demand if they're going to be able to continue selling them to make a living.
Gaming:
To be fair, Splinterlands is different to the classic Hive social communities that I'm talking about in the post.
DEC has value because demand is always coming from players who need it to buy in-game assets.
Even with all the players dumping their daily DEC earnings, there are always others there to soak up that supply because that's the game.
Social communities:
Now compare that to LEO (or whatever layer-2 token pertaining to a social front-end), we don't see that same steady demand.
But I'm highlighting that when it comes to targeted niche communities like LeoFinance, the value is there for businesses.
By buying the Hive-Engine token, you're essentially taking a controlling stake in how your content is displayed in a community full of your target market.
Think paid Facebook ads, but instead of just burning cash, you're taking ownership in the actual community.
This is EXTREMELY valuable for businesses within that niche and will be an ongoing source of demand once our secret gets out.
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Oh I agree entirely, we just have to get the traffic flowing towards us!
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This is a great marketing tool we can use for any businesses considering pacing ads here or even signing up for a Hive account. Why throw money away when you can take part in profit sharing?
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