The only way to make money on the Hive network is by having a high reputation score, of at least 60 points.
At 70, you may get 200 dollars for uploading just a photo of a pot plant. It's no use working hard for days doing research, only to earn just five cents because your RC is low as a new Hive blogger.
Understanding blockchains are hard. Most newbies are so overwhelmed that they simply give up after opening an account, just to then be limited with the blogging and chit-chatting they want to do.
There's only one reason the abandonment rate is so high: ‘Insufficient resource credits’.
New users start with a credit score, or reputation score to be more precise, of 25 points on Hive. New users can barely do one short post, or a few comments, before their 'resource credits' (RC) runs out. Then they have to wait anything from one day to a full five days before being able to publish a post or comment again.
The higher your reputation score is, the slower your RC's run out, the more posts you can do, and the more money every upvote means for you.
Under the pretence of combating spam, new users that are on fire to say their say about everything are being stifled by ‘insufficient resource credits.'
So many times I needed to do a time-sensitive post about a major news event, but because my RC's were too low, I had to go post it on one of my ‘traditional’ blogs instead. That's how Hive, despite being a great blockchain, is shooting itself in the foot as a social network and chases new users away.
You see something piquing your interest, you type something great in response, oops, insufficient resources. Guess why Facebook became so big, so fast... by letting people do as many posts as they want.
There are much better ways to combat spam than to treat every new Hive user right off the bat as a spammer and limiting their ability to be social on a social network.
The Hive network has one fatal integral flaw in its coding. People are being forced to write nice polite unrealistic articles just to get upvotes, while that is not how life and reality works. If you see something bad happening in the world, you want to write about it, and you may even save lives.
Bloggers have power. We influence politicians and public opinion. But on Hive, you run the risk of being downvoted for having an opinion different from a whale.
Downvoting on Hive financially devalues all the articles someone worked on really hard. It demoralizes new members and let them give up altogether on the platform and instead go to the many other social blogging networks out there.
It is telling that the world's biggest social network, Facebook, does not offer a downvote option. I believe their research told them something that Hive's developers did not properly think through. The only legit, ethical reason for downvoting on a blockchain where money is involved, should be when someone stole an article somewhere or try to scam readers.
I am therefore announcing the founding of The Elite Whales Club.
The club will have Just 11 members. For one month, all club members will help each other to become whales, if possible that fast at all. I'll screen applicants myself, and plagiarists or writers of low-quality junk should stay clear. I want only some of those that really try hard to succeed on Hive as real bloggers, as club members.
The club's goals:
- Get the 11 members of The Elite Whales Club to become whales with RC's of 70. Keep blockchain and how Hive works simple.
- Thereafter, help other great contributors to become whales too. The more whales the network has, the more valuable the HBD we accrued as whales ourselves will be worth. We'll also get more upvotes and comments from those that we helped.
If you want to join, here's the simple to-dos you need to commit to:
- Follow the other 10 members in the club.
- Each day, for 30 days: Give each club member one upvote on either a post or comment of them that's younger than 7 days. It will take you just 20 minutes per day. This is a must-do to remain a club member.
- Each day, for 30 days: Write just one comment underneath a post or in reply to a comment, of any one club member. Not one comment each for every member, just one comment for the day. So you'll have something other members can upvote. One comment total per day is good enough, more is better.
- Record-keeping, each day, for 30 days: Keep the club members' list on a notepad open, and tick off next to each name as you do one upvote and/or comment per club member. Then, tick off the names of club members you received votes and comments from. You should get 10 upvotes per day, and give 10 upvotes per day yourself.
- Once per week: Do one new post/article that's fully your own work, with credit for the photos and so on. Try to stick to one photo low in kilobytes to ensure you have enough resource credits left thereafter for upvoting other club members. Your post can then be upvoted and/or commented on by other club members for the rest of the week. Both you and commentators and upvoters receive curation rewards (money!) from Hive for that.
To apply to become a club member, join our Telegram group at https://t.me/+D_7L5xaStfJhYzlk or find the Elite Whales Club on Discord at https://discord.gg/x3GMKyHb (link will expire on 25 February 2022) and click to join. Or find me on Discord by searching Remil#4131 and send me a friend request.
Oh, the irony of not having the club on Hive itself... because new members may not have sufficient resource credits to engage in meaningful discussions to help each other!
TAGS: #introduction #resource_credits #reputation-score #club #whale
CREDIT for PHOTO(s) used: Created by myself using Gimp.
Quick update: I'm at the point of losing interest in Hive, due to the idiotic resource credits bullshit when one wants to blog daily. I'm looking hard at alternatives, and interestingly enough, Substack may offer a far better experience, and more monetary reward, than blogging on Hive. Feel free to follow me there by going to https://Remil.Substack.com