If you cut post rewards, people will leave for other blogging platforms and the whole system will crash.
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If you cut post rewards, people will leave for other blogging platforms and the whole system will crash.
the blogging concept of Hive has already crashed.
Only LEO seems to have made this work.
Posted Using LeoFinance Beta
Leo works because it has buy pressure. The problem here is that for everything that is getting developed they repeatedly ignore basic business principles the add buy pressure. Revenue, use case, incentives to hold the token. Instead rewards are all sold lowering the price.
Leo has a liquidity pool, ad revenue, token burns and curation teams all helping to put their token to use well.
Agreed. The business models for most projects are grow and run.