While I wasn't around in the very early days of Steem, the current distribution and liquidity % of LEO does remind me of it.
The circumstances are obviously much different: Steem had a year-long power down, which means only a very small amount of Steem was able to be sold in the beginning, while LEO was initially airdropped and has a much lower power-down period.
But I do see the danger as well in LEO right now being in the hands of too few, who either unknowingly or knowingly "manipulate" the liquidity to pump the price (as we've seen before). However, sooner or later, some stake has to be sold and it's yet to be seen whether buy-pressure will be enough and whether the distribution will be decentralized & healthy enough.
I wish them all the best, though I'd prefer less hype and more acknowledgement to their Hive roots.
I think that one of the risks of too few and very large holders is social, where unhappy people can act in less than useful ways, as we have witnessed many, many times. The larger the holder, the more they are likely to be affected behaviorally at market and social movements. They might be well-intended, but that doesn't mean right.
I think that LEO is doing a great job of building and supporting their community and I really hope that they understand the value of HIVE connection and the future potential of building evermore layers upon it. There is a chance for many such similar projects and they can all benefit from becoming gateways into each other, to build an intertwined framework that benefits all and stabilizes all.
At this point, I don't mind the hype, but there is the potential that people might get too cocky too soon and miss the real potential to come. there is a massive amount of value in building and populating the ecosystem that can generate value in so many more ways, as well as open up new opportunities to each round of early adopters of the niche experiences.
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Also just be honest. You are just salty you didn't buy cheap. You missed the 0.1 train. The 0.5 train. The 1 train. The 2 train. Etc etc. And sorry I have bad news for you. You won't build a large Leo stake for free with a bid bod service that parasitizes on Leo and promotes plagiarists. You will have to pay.
P.S: how is koinos going for you? 🤣🤣🤣🤣🤣🤣
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Damn dude you didn't have to kill him. LMAO! 😂
True because leo stakeholders care about leo :D
Steem power down was initially 2 years! And people complain about 13 weeks :) I've always said that Hive (and Steem) would benefit from a bigger 'middle class' to help spread the rewards. Only a few will ever be whales. LEO needs to work on this too. I've accumulated some, but it's extra work for me to optimise my votes with each token, so I don't fret too much about it. I care more about rewarding others than my own curation earnings. Some of the tokens may seem set up to favour a chosen few and do need to be called out on it. Everyone should have a chance.
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I literally have all my tokens delegated to one account that votes all over the place through trailing @curangel, leo.voter and myself. Definitely very far from optimized. But, I haven't optimized my own Hive voting either, I just vote as I please, when I please.
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LEO has linear curation, which does make this a bit easier. A vote is basically a tip. You get 50% of that vote back regardless of when you vote/who voted before you.
We're working on a new platform to handle delegation lending for LEO POWER. Should be ready around Q1 2021, but I think that people will optimize the voting power that they care about.
Some care only about HIVE voting power. Some care only about LEO voting power. Some care about both.
If you can optimize and utilize your VP, then you're good to go. Otherwise, it might make sense to lend out your VP (as you're doing with your HP delegations to @curangel and @leo.voter) 🦁
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I think that the linear curation has been a good test case for reintroducing it into Hive, so thanks for that. I think part of the reason it is so successful on Leo is that it is niche and people are active and interested. On Hive, it is a bit different as there are many "dark corners" out there. I am not sure if it would really be that much of an issue, but some people take it seriously.
I don't worry too much about the optimization of my own curation, partly because I can't be bothered chasing it and partly because I am comfortable for now producing content consistently, which I really enjoy. I don't enjoy the optimization of earnings, but I do like the different strategies and potential paths to earn. This is the best game on the internet and it has something for everyone to play with.
I know some people have an account for each token. I guess you can set something up to have them vote as appropriate. Most of my voting is manual anyway. As you get more voting power there is some pressure to use it well, but each to their own.
Hey wolf.... how many users did you onboard on Hive in 2020? ...1, 2, 3?
LEO has more than 500 onboarded, more than 60% active!
I have seen you to many times playing smart, for a whole year, and close to zero added value.... probably more damage from your side...
I tried to contact you on discord and twitter to add dCity on your project hivedapps (that you ask for funding from the proposal btw), and you ignored me completely .... from what I'm hearing I'm not the only one... probably you want to hang only in close circles...
How do you think to add value? By being a lonely wolf? .... it takes more than one to build something...
Did Ethereum boys get mad when some eth token is doing fine? No they encourage it and welcome more projects to build on the chain....
Hey dalz, I'm great, thanks for asking!
As I wrote in my latest post, I worked my ass off in 2020 so I could launch what I've worked on early 2021. Does this mean I'm not entitled to an opinion, because I didn't launch yet?
Sure, I could have launched a buggy/bare product and release updates gradually, but that's not my style. Didn't I show more than often enough that what I'm doing has quality? https://hive.io Developed in less than a week. Now imagine what I'll deliver with more than a year work-time.
Reg. hive-dapps: thanks for the accusations but I was busy and probably missed your request. I'm not using twitter for messaging and there is no request on Discord.
WoIf#1853I'll take care of it this week.Another accusation. Be careful how far you take this.
I'm a solopreneur but not lonely. So no need to worry mate.
Did any ETH tokens belittle ETH? Did any of those token compare themselves with ETH? Did any of those tokens display arrogance towards that what made them?
PS: To be very clear and before you accuse me of something else, I don't have any ill wishes for LEO, I want it to succeed, but HIVE comes first. Also, what I've built is not a competition. It's something very different, with its own business model & plan.
Hive.io is essentially a list of links and some info about hive. Wow. Much impressive.
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I didn't mention it to impress. I mentioned it to make a point.
But feel free to do it yourself.
I doubt you have any idea how much sweat people put into Hive before launch to make the deadline of the fork.
I can outsource it for 500$, possibly less, and have it ready in 48 hours. End result will probably be better. Big deal.
It will be a template and it won't be customizable.
No and no.
hmmmm would be a wordpress website not enough? I don't want to blame you, its only because I don't see a disadvantage :)
I think the proof is in the pudding is it not? LEO has essentially achieved more in a year than Hive/Steem has in at least 4.
If I were in a handful of top dawgs at Hive, I'd be messaging Khal and asking him how he did it!
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See, this is exactly the wrong mentality. LeoFinance build ontop of Hive. It benefited from blocktrades and others dedicating dev work into making Hive scale and to massively reduce node size. But you're not talking about that. The only thing that's talked about it is how LEO bags were mooning.
This is 100% not how you want to be talking to people when they already don't like you.
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I'm criticizing LeoFinance and some dude thinks it's time to attack me personally, instead of trying to have a rational debate. I don't need to be liked by someone like that.
We should find ways to work together, not against each other.This is not helping nobody, @dalz. Not cool.
I agree that we should work together @oliverschmid. This is probably the first time I'm engaging in some sort of drama and politics on Hive (excluding the tron thing).... I hope the last as well...
But wolf has been repeatedly talking bad of leo (in gloves) ... its to much.... I bet there is some truth from his side as well, but his delevering is terible.
Anyways appreciate yours effort to calm the situation.
I can't see how you interpreted his comments as talking bad about Leo? Criticism is fine, everyone does it all the time about all coins, including those that they own.
And if you don't do that, you're just biased.
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Pick any tribe, this is true for almost everyone.
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