RE: Web3 Will Be Bigger Than People Think
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Why should a creator publish their videos, books, posts on a Web3 platform where they don't receive any compensation?
After 7 days, any compensation here comes to an end, and no, donations are not compensation.
If someone forks the entire blockchain, they have their own resource, and no creator has the option to decide whether they want that or not.
Or am I making a thinking error here?
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Not a thinking error ... you just need to expand your thinking... it depends on how prolific you are, and how hard you are willing to work to engage with other creators and build an international audience. PROVIDED one puts in work in the down times to build an audience, one can receive much more for a chapter here than an Amazon digital download during the bull, and then put the reward for interest ... so, with a long view, one can build perennial income. The other thing I have now done twice: content I made here became a fourth and fifth book, and in essence I get paid in both places to talk back and forth about the same content. Past Hive creation also PAID for the necessities of my fifth book!
Seven days is as much time as Hive's system can pay you, indeed ... but Hive Power and HBD interest pays every day, learning how to build a community audience pays everywhere, and repurposing content can pay everywhere. My reach in the world, because of Hive, is on FOUR CONTINENTS, every day of the week, and thus my fifth book is on four continents, seven days after its launch. That's the power of Web3, with an expanded approach!
Thank you, I do the same, on Facebook+Instagram,Twitter and Tiktok. And if it also fits Hive, which it rarely does, then here too.
But that has nothing to do with what I mentioned above. You can do the networking work and thus organic growth on any other platform, and thus attract new customers to your own product again and again. Hive is really not unique in this respect.
Herr Zett, I note this from what you said above: "And if it also fits Hive, which it rarely does, then here too." Your content is actually charming, a delight for me as I renew my studies of German. Each of thosr, at the top of the bull market, would be worth seven to ten times what they are today, even in a seven-day compensation period. I happen to know about that because I was here in the last bull market. The next bull market starts in the spring if the cycle holds true to past ones. But even today: there are Hive communities that would offer you a more supportive environment for your content (travel and lifestyle and photography communities come to mind), and you are blessed to be in one of the most supportive language and cultural groups on Hive. You also could consider including an English and Spanish translation to your posts, and quadruple your readership.
The portion unique to Hive is indeed seven days to plan for your work to earn through being voted on ... and then 3-20 percent interest on your proceeds possible, every day, with full exposure to the crypto cycle's two years up (and then, as we have been experiencing recently, two years down, but we just have to plan for that). The portion unique to Web 3 is that your creativity and your personal data is not being aggregated and used by corporations to feather their nest, 24/7 -- only you can monetize you, here.
Hive is not yet all of Web3, nor are either what they shall be in future ... but I encourage you to expand your thinking. I cannot convince you if you are not of a mind to be convinced ... but ... aber ... ich ermutige Sie.
There is a point to that. Posting only in German and without writing under the umbrella of a community is a bit like talking to yourself, especially since the German-language posts here have declined sharply.
But that has to do with my work on the Web2 platforms. There I am active in giving advice especially to Germans who are traveling and working abroad. And you may know that the Germans are a special people with even more special laws. That would just bore everyone else.
Since I don't have an audience for that here, all that's left are the more or less moody posts about my daily life.
I tried travelogues or photography once, but I got bored, perhaps because I'm generally bored with that sort of thing now. There is too much of it and I would just join the masses of untalented people.
I can still invest and vote here without having to center all my creative work on this platform. That's why I was a bit puzzled by that aspect in your previous response.
If I look back over the years, especially in my older accounts here, I notice that the images no longer show up and the loading times are agonizingly long. That's precisely why I stopped sharing my posts from this platform. It's pretty embarrassing to spread around dead links. That's something I don't encounter with my other platforms.
Just to be clear, I'm not trying to speak ill of Hive. I genuinely enjoy writing here and previously on Steem. But, in my opinion, it hasn't quite turned out to be the game-changer I had hoped for, especially compared to what I envisioned seven years ago.
Thank you for your inspiration. I am not an advocate of the centralized web. I was just addressing the lack of motivations for most creators here. I don't think I have a very exotic opinion on it, otherwise 3speak and also the text based posts would be overflowing with new users. In fact, it doesn't seem to be growing at all or only very moderately. And there must be a reason for that, right?
There is a good reason for that ... crypto is in a bear market, and anything crypto-exposed has to deal with the ups and the downs. Hive grew massively in the bull two years ago, and has shrunk tremendously ... the crypto market itself shrunk 70-95 percent in that same time! But again: if patterns hold, it will grow again by that much in the next two years and probably more. And, you may check this by where Hive is growing: anywhere in the world where the division of money on Hive is considerable. Not where the dollar or euro or pound are primary ... not yet ... but because of the growth in usage where Hive is being consistently used, that may add tremendously to Hive's rise in the long run.
Hive is indeed a work in progress ... I stay in my chosen domains and occasionally I do have trouble with photos and images ... but I do understand working with startups, and I do realize where we are in the crypto market.
No, indeed, you need not center all your creative output here. I do not think you are an untalented person, and no one platform may rightly contain you. We all have real lives, and Hive is a piece of it, not a god. Web 3 is a piece of life for some in the same way. So too Web 2, and Web 1. Everyone may pick and choose and craft what they need from all of it ... but in the long run, Web 3 may well take a larger place for many.
Well said. Much ado is made about Web3 overtaking Web2. In my opinion, that's the wrong mentality. Web1 isn't dead. Web2 improved it. You can still find websites online where all you can do is read. Like this one, for instance.
30 years from now, we'll still be able to access some of the top Web2 properties of today. They'll still be Web2 properties.
As Web3 grows, people will learn to deploy Web3 functionality where and when they want it and leave Web2 alone otherwise. As you say, savvy Internet marketers will take their Web2 content and repurpose it as Web3, and vice-versa. They did that when the Web transitioned from read-only to read-write, and they'll continue to find creative ways to make use of older content and make it new again for Web3.
Very true. It is not a battle of mutually exclusive competitors, but in the end the best of all will merge.
And what is the compensation on the Web 2.0 platforms? And why does this only end at 7 days?
Think about where things will be in a few years from now.
I'm just responding to the thesis in your post linked on Twitter, that's all. I don't want to start a general discussion about Hive in particular. I'm here, so I accept the rules here.
You're talking about, what about in a few years? I remember discussions in the fall of 2016 where we were dreaming of overtaking Facebook. Well, it turned out differently. I don't know what will be in a few years, I also don't know why so many creators have left this platform and are focusing on the centralized platforms, and even paying to be seen there. But there must be a reason why it's like that?
Well I would say that the ease of use and the features offered by the applications is lagging big time. We still are in need of some necessary infrastructure in Web 3 in general, let alone Hive. A lot of building left before the traditional social media, like banking, is under direct threat.
So with that, I can see why people are still going to the centralized platforms. Plus most do not care about decentralization.
Unfortunately, the many construction sites are true. I couldn't reply to your post because it's on the blockchain, but you use a different frontend and I was only logged in to Hive via keychain. So I had to search for your account on PeakD, only then could I reply. How many do that (on a cell phone) or even know that?
Decentralized: it's like Linux operating system for the end user. They know they're better, but usually only use them to try them out and go back to the traditional OS because they're just easier to use. Ultimately, it's entertainment and not work.
And secondly, for the end user, decentralized is not necessarily freer, but often more arbitrary, as you could and can see here on Hive. I just had some fun and searched for the topics #Israel and #Gaza. Social media is flooded with them.
But here? Either the search function is terrible or most people here are holding back on the topic (or both).
That's why I believe that Web3 will be important one day, but only together with conventional media. For example, as a payment function, value store, rights manager, bookkeeper or smart contract on platforms such as WeChat or Twitter or gaming platforms.
A bit like the role of Linux as an operating system for servers
They will probably never achieve a reach without this.