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RE: Weekly update on HF 24

in HiveDevs4 years ago

The automated testing system is just about saving our time when doing any type of development. But in this case, the development we've mainly done in this release was to open up more possibilities for the 2 layer apps design methodology. The first step was optimizing the code and making it easier and cheaper to run nodes, so that apps devs don't face a big barrier-to-entry (this also had the nice benefit of lowering the cost of operating the Hive ecosystem, which was also one of our initial goals). The next phase will be to create more microservices and tools to help develop those apps.

Marketing is a completely independent effort, so of course it can be done at the same time. But the question then becomes what form that marketing should take. Some people want to focus on users, some on devs; personally I think we need to go after them all. Some of the grassroots campaigns that are being launched like #posh are great initiatives, IMO. We also need ambassadors going to crypto conferences (although with covid, I think this activity is going to be a lot less right now). And we need more marketing materials (some of this work is going on now, but all the guys/gals I know working on this are doing it for free in their spare time, and have other jobs). I don't have any people on our team working on marketing, so about the only marketing contribution BlockTrades is making right now is my posts.

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Can't we lunch a DAO proposal and engage professional marketing guys who would do their job only ? I know, many are doing hard work - but it needs a beautiful t-shirt to get attracted as well.

The best marketing tool that we could have is token price. The higher that is, the more people that will look into the project. I've been talking for a long time about an ad buyback campaign using hive.blog as it is a community front end and run by your team as far as I know.

https://peakd.com/hive-174578/@niallon11/ads-on-hive-blog-add-value-to-the-token-price-rather-than-take-it-away

One successful thing that the steemit team managed before the mess was to create revenue using ads to halt selling. If we could do it to create buying pressure it would be a huge advertisement with monthly buys.

In the long term hive could be a success through its users, dapps, use case and investment opportunities but to get into that position there needs to by something to prop up the price now. Otherwise it will continue to drop slowly due to our smaller community since the fork and we will have a talent drain in users and Devs.

High price equals high activity. This brings in more people which in turns increases demand for the token. Which in turn increases the price. The frame work was already built once and I think it was andrarchy that was highly involved and no doubt would give some advise to male it an easier prospect.

Imo it would be great to see some discreet ads and use that to add value back to the token.

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