It's Surprising How Little Competition Hive Has
.jpg)
It's Surprising How Little Competition Hive Has
I'm always on the lookout for new crypto platforms that reward their users for using the blockchain and web 3 applications primarily in social. The big issue is they either lack any type of funding so the value to the token is so worthless or they make it near impossible to actully earn anything without investing a ton of money into it yourself first.
Hive Is It's Own
There's really nothing else that compares to Hive. Well of course Steem which is was hard forked from a few years back but that platform has pretty much been run into the ground. Hive however continues to evolve and honestly one of the reasons I feel the price has at least held out better then that of steem is because of the HBD price somewhat being stabilized around $1. It feels like steem just gets abused to the moon.
The closest Facebook example I've found is Torum which I have to say is a rather decent platform and shows you what's possible if you take web2 ideas and start implementing crypto into them.
I had thought somee would have been hive version and while it is what I hate about it is how it connects into hive and gets blogged. That has to be one of the worst "features" of hive is how every post ends up getting published as a blog post instead of using it's own external system. Also the whole voting thing means my vote is eating up my hive power as well as whatever their native token another HUGE downfall in my opinion I should be able to select how much I want to use or if I want to use my hive voting power at all on these front ends.
Hive has a lot going for it however the implementation of it all in my opinion is a disaster to the point where larger accounts such as myself don't really care to take a part in them because of 1) The short form posts I make on these other front ends goes into my core blog on hive which would kill my "blog" following on hive and 2) my hive power gets destroyed.
The only work around to this at the moment is a ugly one in which I have to create separate hive accounts for every hive front end in which I want to use their primary token and not my core hive funds. It's seriously one of the biggest downfalls for larger accounts on the hive blockchain and something front ends need to get figured out.
If anyone else finds themselves in this spot I would love to hear if there are better work arounds to this and what you currently do please.
Development
While I do constantly give hive a bit of a hard time in terms of development and what's being developed there are still many good projects. However the time frames on launch seem slow and cumbersome. Many of the applications and games I thought that would be out during the last bull run never happened and are only now start to release their alpha stages. While I don't have insight on these projects It seems like many became susceptible to the bear market which means the capital they did raise apparently was not invested very well.
However these applications are now finally being released and while in Alpha it's a huge stepping stone for what I feel could be quick development afterwards. It's like getting a early access game. It's core is good but could use a lot of work. However the funds from alpha help fuel faster development. Out of all the games still however I feel Splinterlands has the core foundation to be powerful. With the introduction of land and a number of other tokens which will be traded on the market to fuel buildings and growth within the game all of those fees add up to fuel the company. However I would honestly soon like to see less fees go to the company and instead a part of those fees returned into the games value such as SPS value.
Overall there's still a HUGE lack of any real web3 applications to use that would even start to challenge or take over web2 applications. It could be because of the decentralized nature of things which often times leads to a big mess where nothing worth wild ever really gets built. Or it could turn out to be a huge success like many free applications that have been built by devs and investors over the years. Time will tell but still Hive really has no competition which means all of these applications have a real chance if they start building it like a real company with revenue streams, a team and rewarding the content creators that bring life to their core projects.
Posted Using LeoFinance Beta
All valid points. I am glad that we are thinking it through when it comes to Hive development. I am thinking out loud on my blog posts why Hive is not hitting home runs with incredible dapps when there is no real competition out there. There are other projects that try to emulate twitter like diamond and the new kid - nostr. I do not have answers to the question you raised but I share the same feeling. I love to engage on Hive and I am here all the time rooting for devs and dapps. But, I hope I am part of the decentralized revolution with hive.
Posted Using LeoFinance Beta
Hive have been consistent for sometimes about the goal and vision that is worth pursuing. to have come this far is as a result of it's clear engagement pattern.
Posted Using LeoFinance Beta
Hive is maintaining its standards and keeps improving overtime. Our community of Devs and node runners are doing their best to make it a world class web 3 ecosystem.
The problem is Web 2 apps have been in service since many years, while most blockchain based Web 3 ventures have not been fully mature and another reason is that blockchain literacy should come into action from primary level education like we can see fb and google example in our primary education more often.
Posted Using LeoFinance Beta
Do you think LeoFinance is on the right path by using Hive's account system, but publishing content as comments rather than posts?
Is this the model that everyone - obvs other than actual blogging platforms - should now be employing?
Posted Using LeoFinance Beta
I do, that's one thing that threads has going for it. The only thing left now is a way to set on the UI how much hive I want to use if any when I curate on threads.
Posted Using LeoFinance Beta
I agree completely. There are many ways to look at Hive and see how it stands out.
Posted Using LeoFinance Beta
Hive is great and I don't see any real competition. But given the age of Steem and now Hive you wonder what is wrong that there are not more users given there is no competition...
Posted Using LeoFinance Beta
Steem has become a pool of money grubbers honestly lol every application is about huge profits for them while killing the token in the process it's become a money exit.
In a way hive is as well. People post on socials to either 1) Get more attention, views etc on their content or 2) To earn revenue. Hive lacks views but pays well the issue a lot of that pay gets removed and put into other things instead of why they should keep it or at least some of it and stake it.
A lot of marketing for hive is about getting paid for your content but there's not income stream so it's constant negative selling pressure with nothing core to back it like ad revenue.
Posted Using LeoFinance Beta
It is surprising after all how little competition there is for this type of crypto
But hey all the more for us i guess
!PIZZA
I gifted $PIZZA slices here:
@dadspardan(3/20) tipped @bitcoinflood (x1)
Send $PIZZA tips in Discord via tip.cc!
Hive's potential is indeed what attracted me to get onboard this chain. The possibilities are endless and a win-win for many in the community.
I see it as a diamond in the rough for which the time has not yet quite arrived. I do agree that development is slower than desired, but you never know when one dApp will spark an influx of users that brings in more, faster, and better development.
Posted Using LeoFinance Beta
Yay! 🤗
Your content has been boosted with Ecency Points, by @bitcoinflood.
Use Ecency daily to boost your growth on platform!
Support Ecency
Vote for new Proposal
Delegate HP and earn more
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.
Please contribute to the community by upvoting this comment and posts made by @indiaunited.
https://twitter.com/1415155663131402240/status/1615250529336307712
https://twitter.com/4122891434/status/1615284138373971969
The rewards earned on this comment will go directly to the people( @rzc24-nftbbg, @luckyali ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
It is extremely hard to create a "sustainable blogging platform" that does something similar to HIVE... There were hundreds of attempts before the "crypto era", and we saw some during it, too... Having no competition in the field proves this assumption...
IMO, HIVE would have similar problems if we wouldn't have additional dApps built on it like games or tribes... Yes, development in that field is going slowly, but at least we are going forward... I'm happy to see that there are other developers coming in and creating apps for HIVE! The Splinterlands team is awesome, but we need more teams like theirs...
I have picked this post on behalf of the @OurPick project which will be highlighted in the next post!
There is no doubt that splinterlands team awesome. If Hive gets 5 solid platforms like splinterlands, Hive will fly for sure.
Posted Using LeoFinance Beta
You make some good points. I discuss a lot of the up-and-coming Web3 communities in my forthcoming book Web3 Social: How Creators Are Changing the World Wide Web (And You Can Too!). I'm looking for people to join my book launch team and receive a free advance review copy. If interested, you can sign up right here.
Just signed up ... looking forward to a good read!
Thanks! I replied to your email.
Little competition? I would say none. There are many social networks but none that is similar to Hive and that offers so many possibilities.
It's wild right. Everyone has been screaming they want web3 social and there's legit like NOTHING lol
Posted Using LeoFinance Beta
I'm just a pea in a pod compared to guys like you but I agree with most of what you say. I do like the idea that when I post from elsewhere, it goes to my hive blog, but to use my hive power while voting from these other frontends is what I like to see change. A choice to use your hive power would be cool & you should have a choice to say if you want your post to be included in your hive blog. That's one of the features I like about PeakD. If I choose to post to another community, it gives me a choice to say if I want it to be included in my blog.
All in all, as far as competition for the Hive platform, I really don't care that there's nothing out there like it, that's what keeps me on Hive. I earn while creating and commenting& upvoting plus I don't have to put a single penny into it, it's my choice.
!CTP
Posted Using LeoFinance Beta
Certainly, the road will not be easy, but the fact that HIVE, for the moment, has no real competitors that can rival it is a great advantage. And it is that HIVE has a lot to grow, and so much potential, that it is impossible for it not to grow exponentially in the future. Time, developments and many other things will prove us right, you'll see. Good post. Regards.
Posted Using LeoFinance Beta