Someone asked me today why I think Hive can become a multi-billion dollar blockchain. This is in reference to a post I did citing that target.
In this video I explain the parameters that gives me great cause of optimism and how I see Huve evolving over the next year or two. It is placed in contrast to Ethereum, which is no approaching half a trillion in market cap.
▶️ 3Speak
Stunning, it was important you highlighted the fact that the fees which comes with eth for example was totally something that didn't make sense especially with the narrative of the NFT game. It makes no sense at all. Currently these applications will still chose to build on Ethereum because of the money. It feels like hive is always cheated in this aspect
Luckily not all of the NFT games are being built on the Ethereum (ETH) blockchain. We already have a successful NFT game, Splinterlands, which was Steem Monsters in the beginning on the Steem blockchain. Hopefully more and more game developers discover the Hive blockchain, and the "no transaction fee" advantage of it.
The NFT aspect to Hive is really just getting started.
EXODE is already distributing NFTs on a weekly basis. I believe @dcrops does the same.
So yes we are going to see more games with them integrated in. We will have to watch to see how much is spreads to other areas.
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There is no doubt, as a developer, if you want to get some quick cash, Ethereum is the place to be. It does not serve the usability of the game or application but it will net a tidy profit.
To build something that people actually use, have to focus elsewhere.
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Very good publication I liked it, besides I called my attention, because you talk about the progress and advancement that HIVE can have in the future, and that is what we want a growth and be better than what it is today. { I'm not saying it's bad but it can be better}. I congratulate you, you are a confident person, always thinking about the positive side of things.
Thanks for your thoughts Tman always a pleasure listening to you talk!
Be sure to catch the Tuesday's #Cryptomaniacs show. We have the SpkNetwork team on.
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Hive is easy and cheap to manoeuvre. That gives it a lot of potentials and increases the possibilities of it becoming a 10 Billion Dollar blockchain.
Could the ascent of HIVE happen against the next bear market???
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It could although it is tough to counter overall market trends. But if some of the things discussed roll out, there is every chance that Hive outpaces the rest.
We are at the expansion point now. So development could end up driving a lot of demand for the token in the next 6 months or so.
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Sorry, out of BEER, please retry later...
Out of beer! Time for a B double E double R - U - N !
👍
Why hive will buy you. Tesla
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I think the last price increase gave a glimpse of what Hive can achieve, it's just a matter of continuing to work on it.