Good evening buzzers!
As I'm getting back into the buzz of Hive things are continuing to pop into my head, and as always, it would be nice to have other opinions on things.
I mean, do people still flock to giveaways? I remember the days when airdrop hunters/giveaway bots would dominate the crypto space, is there still a want for such things? Would people jump to a discord server/twitter for a giveaway? Are people still completing 'tasks' in order to earn points to gain prizes? Has Hive passed this phase or should we push this phase and try to onboard more users?
We, for example, in the slothbuzz community enjoy a contest or event which requires 'some' work, for example making a MEME, or posting a photo/writing a blog on a certain topic. (There are a few great chances to participate in such events via Hive already). We also hold small giveaways via our discord, these keep people chatting and interested.
What sort of giveaways do you like? I know the Hive standard has pushed a few of these 'low value' 'repeat post' type giveaways out, and that's not necessarily a bad thing. Some users were making a killing off these low-quality posts. It is however a fair way for small users to build some interactions and connections here on Hive. I guess it's a fine line between providing value and creating spam in this regard.
The same could be said for a number of the community tokens here on Hive/Hive-engine. Communities have limited ability to utilise their tokens after launch, which we've found at slothbuzz. The token is great as a curation tool, but what else can it provide?
Are people actively trading Hive tokens? Are they simply dumping their earned curation rewards onto the market? And which market? Do people prefer to trade directly via tribaldex or utilise pools via beeswap? I guess the question I'm getting to here is whether it is worth us creating a slothbuzz pool...we could of course add some rewards and give users a reason to stake their tokens into the LP pool. But will it be another investment on my part that has no real return?
I was quite happy to invest in the start-up of slothbuzz, it's a cool thing to say you're the owner of a community/token. Of course, I knew all along it wouldn't be an easy ride, and the investment was more of a deposit into the token as opposed to something I would ever make a return on. We never promised anyone would make a return on the token, and we continue down this path. We do however want to give the community the best opportunity to use the token, sometimes it's challenging to see how this will pan out. At the end of the day we're trying to build a community more thank just a token. You opinions matter, and this can be said for the majority of Hive. We, the users shape the future, Hive is what we make it!
Where do you see Hive or your favourite Hive-engine token in the next year? 5 years? 10 years? Will we ever become a mainstream presence, dominating certain markets? Or will we continue a niche within a niche, and in some cases within a niche?
Well, until next time,
sloth out!
The !SLOTH is back. Time to get back into my little chamber of coding and kick the bot into gear again :-)
Learn more about the SLOTHBUZZ Token at Sloth.Buzz and consider sharing your post there or using the #slothbuzz next time
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Such a niche (with)in a niche. Giveaways seem to always be a part of things. A pool is a plus, but a long time to be worth it from the inside so to speak. Think having a pool is a good thing. Brings about liquidity and helps add some trading and stability to the value. Think SLOTH would benefit from a pool. Then the next question is what to pool SLOTH with. !SLOTH !BBH !DOOK
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If I was going to make a pool it would probably just be slothbuzz:swaphive, I can’t see there being enough value in many other tokens to make it a worthwhile endeavour.
Unless another community token would like to pay for a pool with slothbuzz, I’m sure I could accept that haha! PEPE:slothbuzz? Wen moon?!?
Paying for them is another challenge given the spread between the cost of such and the value of our token (treasuries). Not in the position to pay such. However when this came up with MEME, meme offered to pay for it (MEME:PEPE pool), and "Pepe" offered to pay half in $PEPE tokens.
Yeah our treasury is currently full of moths, not much else. I actually think we should have enough to cover a pool, we just need to decide if it’s worth it for the community in the long run.
Our token was always designed to be a low liquidity token to try maintain a steady ‘value’. It’s slipped slightly over the last year or so due to too much slothin, but the majority of the tokens are locked away by ‘safe hands’ so the main principle remains.
It’s something we’ll continue to discuss with our community, and hopefully gain some insight from the wider Hive community. Of course, if any projects want to help fund a pool we’re open to the possibility.
We’d probably be looking to pair with another token that has retained a value for a long period. We wouldn’t want to hinder another communities ecosystem nor our own.
Yes, all good stuff. Hive may be best as well to pair a pool with. Happy Sloth'n. !INDEED !WEIRD !HOPE
Oh some new tip tokens, noticed a few of the older ones have stopped working (including the sloth bot for now). Looks like I’ve a few more ecosystems to look into!
!LOLZ !PIMP
lolztoken.com
I guess that’s what I get for buying a pure bread dog.
Credit: reddit
@pepetoken, I sent you an $LOLZ on behalf of slothlydoesit
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NEW: Join LOLZ's Daily Earn and Burn Contest and win $LOLZ
Yes, the tip bot realm is changing. Have a great day.
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@slothlydoesit! @pepetoken Wants to spread Hope! so I just sent 1 HOP to your account on behalf of @pepetoken.
Since we think the world can use more Hope, you can now already start spreading Hope yourself!
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@slothlydoesit! @pepetoken Totally agrees with your content! so I just sent 1 IDD to your account on behalf of @pepetoken.
@slothlydoesit! @pepetoken likes your content! so I just sent 1 BBH to your account on behalf of @pepetoken. (15/100)
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