Hivefest 2023: Why This Is Important
We are basically 24 hours away from another Hivefest. This one is taking place in Mexico.
After being virtual for a couple years, we saw the return to it being live last year. Now, for the first time, it will be held in North America.
For anyone who is around Hive, this is nothing new. There is a lot of discussion taking place. There are some things worthy of bringing up and what I am watching for.
We made a lot of progress over the past few years. That said, we still have a lot more work to be a viable ecosystem that makes the impact that many of us expect.
Here is where we will, hopefully, gain some insight into the direction of things.
Infrastructure
This is crucial for the future of Hive.
We are dealing with a technology which means infrastructure is the key component. Without this, not much can be accomplished as we are seeing.
A big gap for Hive is the last of a robust, scalable smart contract platform. Fortunately we have two that are being worked on that we have a few details about. During the event, this should provide a great deal more information regarding where things stand.
This might not seem of interest to the average person, what this does is open up the door for token creation, NFTs, and swapping tied to Hive. These will occur on sidechains that use Hive as a settlement layer.
It also could be a huge use case for the Hive Backed Dollar (HBD). We have two projects, VSC and Honeycomb, that are targeting that.
Another focus will be at the base layer. There are members of the core development team there. Looking at the schedule, we see a presentation time for them to share what is taking place.
Perhaps we get a timeline on the next hard fork.
Business Building
This is one of the key components, not only for Hive but all of cryptocurrency.
We see the main focus being on "price go up". There is very little business building in the traditional sense. How many times have you heard about crypto projects focusing upon revenues, profitability, or other metrics that are commonplace in every business?
The answer is it doesn't happen.
What this tells me, and Hive is guilty of this, is that people are not focusing upon growth in the business sense. The tendency is to build something that gets a bit of hype, watch the token pump, and then sell at a profit. This is the extent of the thinking of many.
Of course, there are others with a different mindset. The question there becomes can these people pull it off? It takes a lot to develop a successful business. Many feel it is simply a matter of building it and they will come. Sadly, this is not the case.
Business success requires a lot of talents pulled together. In the digital realm, the technical side is vital. However, that is only one piece of the puzzle. There is marketing, customer service, and ongoing business development to consider. Are the skills within a project team. Also, funding is crucial as revenue streams can take loner to materialize than anticipated.
For this reason, I will be watching the presentations to see who is bringing business concepts to the table. It is time to start focusing upon the keywords that most business enterprises use. If they are absent, this is an indication of where the project is focusing.
To me, this will be a signal to avoid giving it much attention.
Hivefest Spaces And Threadcasts
There is going to be a Hivefest Spaces along with a threadcast each day. The idea is provide a forum for those who are not at the event to engage with each other.
To start, Spaces will allow us to express our thoughts and comments throughout the event. This will be done in between the presentation along with during breaks. Hence, during lunch or other lulls in the event, we will hop on and talk about what struck us. Perhaps some of the speakers will join in.
Equally as important is the use of threadcasts. This will be a way to engage during the presentations. I was told it will be streamed on YouTube. Thus, I will be able to embed the link right into the threadcast.
In other words, we will be able to watch the presentation from the same page that we are threading.
This is a new addition to the Hivefest experience. So far it has worked out well for AMA and the CTT episodes. We will see if this can be expanded to a larger scale.
A great deal of work went into the technical side of threadcasts. This means we are now operating with a page that automatically refreshes along with providing flexibility on how the comments are arranged (latest showing at the top).
We hope that people not able to attend can interact and bond around the event.
Pre-Hivefest Spaces
One final note: There will be a pre=Hivefest spaces along with threadcast today (Thursday) at 1 PM eastern time.
All are welcome to attend.
Here is a link to the information:
https://leofinance.io/threads/view/taskmaster4450le/re-leothreads-2tbwxeaxk
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Hivefest would be amazing. People from different nations with diverse ideas and contributions will be there. The three key areas you mentioned is fantastic if it will be taken into consideration. The market, customers care and business development. There is need for technological advance in some of the tools we used. I notice I couldn't search on Hive.blog. There area so many things people can talk about. I hope this year hivefest will be interesting.
I would think so. Great to see all that is happening.
The virtual turnout will be great also.
I wish I was going. An important part of these events are the conversations that happen between the talks or over a beer. I expect a lot of Hive projects started that way. We need cooperation between the projects to build the infrastructure they all need.
I hope everyone has a great time.
Yeah. On the Pre-hivefest spaces and threadcast, someone asked about having Hivers who make music perform.
I told them how that was done in the post. Hopefully more are highlighted like that.
I was at the shows in Krakow and Lisbon with various performers. There's a lot of talent on here.
Anyone have a link to the stream?
I read the post What is HIve and it is an amazing piece of work. The most comprehensive I have found. I will cite it in my footer from now on.
Thank you. I have to review it and add to it. More to talk about. LOL
How many new unknown investors, crypto entrepreneurs and dApp developers, outsiders and new people who know nothing about Hive do you reckon will attend to HiveFest 2023?
On the same lines, how many of those do you reckon would watch the Hivefest Spaces And Threadcasts? ¿Huh?
I wouldnt think to many not involved in Hive will watch Hivefest but maybe a few. But highly unlikely.
As for the second, based upon the number of people involved in the pre-Hivefest spaces, a lot.
Ah, ok, then it's not like a full blown Rave. But more like a private toast in your backyard with the usual suspects without any sort of music. Right?
Thanks for your frankness and sincerity! :)
Well I wouldnt say that is the case. The problem is that Hive doesnt have a huge reach. We would welcome people learning about it but it just doesnt seem to be the case. The presentations tend to focus upon what they are doing and how they are advancing their development.
Yep, that's how I see it too. As a small private annual party only between the usual suspects spending generous amounts of public money, time and resources exclusively to pat each other on the back celebrating how great of a niche "social" platform we are on the cryptoverse.
That´s the KEY!!! that is the next step in the evolution of HIVE, business, business, business we've seen it with splinterlands and leofinance. It isn't only a business but it also strengthens the community and makes it bigger
are you attending this hivefest? I was there at the space that u started late :').
Yes, capital plays a big role in a business to take off.
I look forward to attending one in the future
Since this my first year count on Hive ecosystem am not yet more familiar on how things are done here . Except those thing's that I have been experienced and learnt.
After getting through your time taken informative and comprehensive post write up , basically about Hivefest and possible what to be mainly expecting during presentations duration.
Moreso , even if I won't be that privy to follow through on the threadcast or YouTube stream . As you did made mention of , I think there would be a covered update after the Fest duration for someone like myself. Who have little challenge on my phone , resource and health at the moment.
Additionally , please I would like to know more about what use is the Leofinance Zealy Quest " Rafle ticket " that was meant for Hivefest . As did bolden this year , fortunately already ongoing of which I think so.?
Hello Sir , @taskmaster4450le
I sense little bit desperate base on such fact you might likely get busy enough , and won't have time checking comments.
So I think it necessary to create this special note in addition to my comment , over my intention to know certain thing .
Well plain within my main comment link to this reply.
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