Lifetime Abundance On Hive
This is an extension of the article I wrote this morning.
In this video I discuss what it is like if someone posts daily for 5 years and we get some way to revive evergreen content. It could be a pathway to lifetime income.
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To me, it is like saving money for a long-term and then have the benefit of it.
Accumulate HIVE Power, then have lifetime abundance :)
That is another way of looking at it. There are many epicenters like that on Hive.
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do you mean something like '5 years ago you posted this' kind of thing? whit a reblog button?
Grand ideas keep pouring in. Another proof of how vital and inspirational this environment is.
I always love your optimistic words Sir, and I am enlightened about the innovation and creativity that you have mentioned. I am excited of the upcoming projects from the amazing teams on Hive.
"Go back to your old post and update them or redo alhough you cannot get anything." This is surely a way of feeling better and improving our contents. Perhaps this is an excellent reflection and I am inspired.
When you have said what if we do it for 365 days and in 5 years, it is 1,825 while sharing evergreen contents, surely it is like gold that will yield a lifetime income. You had pointed out the best and I am genuinely enlightened by your optimism Sir. Thank you so much and it is a great help for beginners like me and anyone in the blockchain. Have a great day and take care.
Yeah the evergreen content is nothing at this point but if some teams come up with ways to reward it, then we are on a different level.
When that happens people will wish they had:
A) more content up
B) better content
The time to start fixing that is now before these projects roll out.
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When I entered Hive, I was like a wee fish and I have a lot of questions. But as I go along the way, I have learned to dwell in the ecosystem while being guided by authors worthy of emulation and you are one of them Sir. As a beginner it feels so good to be guided and be on the right path. Yes to a more content up, and a better content. And I so agree with you that it is good to fix it now for a better tomorrow. By the way, thank you so much for your attention, Sir.
I can only share my story with everyone.
I am glad you find my writings helpful.
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Long live to Hive!
This place has been changing my life in so many ways!
And it keeps expanding.
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Me too
Limitations on cashout time are tied to the source of the reward. When the Hive blockchain rewards comment after 7 days, that time is connected to 7 days of a single step of power down. If there was longer cashout window, you could vote, power down, move the funds to some other account you control and vote again with the same stake. The connection gets its source from the fact that it is a stake that decides how much reward will be allocated. If we devised different system, some kind of "reputation" tied to the account - nontransferable of course (you bring more better content to the network, so your vote matters more), then we could decouple cashout time and power down. So far no one proposed a system that could not be easily gamed though. It is great that layer 2 solutions are being tested, because they can actually solve the problem, and even if they fail, there won't be any risk for Hive layer 1.
If the source of reward was outside the Hive, f.e. from the adverts played during viewing of the article multiplied by some factor of their "success rate" to weed out bots, then there is no problem with rewarding old content. In such case the reward is tied to content consumption and there is no rule that newer equals better (for some type of content there is, but there is also plenty of timeless content). Rewarding through tips is in that category.
There are ways to do it, people just have to experiment.
This is the power of the second layer. If a team tries something and it is a total failure, then we simply move on; no harm to Hive.
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This will be revolutionary. It would be amazing. One way woul be through the number of views on a specific content.
Updating old post!!!! For veews...this is amazing advice.
I have been going through some of my older material.
Hell just changing the name Steem to Hive is a good idea.
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So true!
I love that, a lifetime income.
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I see where this is going. This content is too good to be missed. I have reblogged it.
Content discovery is going to the biggest business opportunity in Hive. So much innovations that can happen in this space to solve Hive pain points and bring in new users.
!PIZZA