You are viewing a single comment's thread from:

RE: HIVE inflation reduction: thoughts on the next hard fork

in #witness4 years ago

First of all thanks for everything that you have done to help hive and all the tools you have created. I know that people are quick to give out but slow to appreciate the hard work.

Now that that is out of the way its time to give out. 😄

Hbd is a pointless and unessessary token that complicates the system and adds to hive inflation. Step one should be to phase that out and simplify the whole experience. One token, one price. Then get you 4 week power down which people are more accustomed to and more attractive to stake.

I do think that you missed a big trick when you first launched tribes . What LeoFinance is now is what I was hoping to see from the tribes feature, with easy onboarding, nice ui, ad revenue, separate communities and the ability to customise and improve the sites easily.

It seems like once they were launched that the team just stopped working on the product and I know there have been huge issues from the people that launched new tribes to get anything done with them. The shame is that these were the first project with actual revenue possibilities on a large scale.

A project that could be multiplied into dozens of active tribes, all recruiting people directly onto their system and indirectly hive earning a large amount of ad revenue cumulatively between them and buying large amounts of hive from the market through the ad program. Instead the sites were cloned and left to flounder with no updates or direction without hiring a team of developers to build each part individually on each tribe.

If we want a higher token price the quickest fix is to have more users. They will drive the price forward, create hype and bring in more people if they enjoy the experience. I would love to see more projects built that can actually do this like tribes almost did instead of all the off the wall complicated stuff that people won't use. They have a place too but building a strong foundation and growing the user base should take priority to get to that stage.