I have read he post and all the comments currently here and it has not swayed me thinking this is the answer and I just see total disaster. Moving rewards to L2 will not work and people will leave Hive. The reward pool stays the same size no matter if we have 20k users or 20 million users and why Hive is so valuable long term. It just depends how you view Hive as everyone sees value in different ways. Hive is not easy and why it takes commitment and years of consistency.
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I just dont think that the current reward pool will ever be able to sustain a large content creator ecosystem and I dont think many of the current whales actually value content creation that much or anything that isnt related to development.
I mean, theyre voting stabilizer comments for god sakes claiming authors are still, even after the 25% author reduction in payouts, earning too much. 😂
Top 10 authors on Hive barely earn few hundred dollars.
I get that part and why Hive needs to climb in value which it should when we 10 x or 100 x the numbers on Hive. People will be earning less Hive but it will be worth far more. I have lost all trust in L2 tokens by the way they have been mismanaged and milked and why they hold no real value. If everyone grew their stake instead of selling and gave those communities a chance to grow then things would be way different. I tried to grow the sports community and grew my stake to the point I could never sell it without taking it to 0.
Id say ads and some fun gamification plus DHF funding would be a good start for a new L2 dapp.
Ads for sure. I am with u for any new income generation for authors. But I love paying authors after 7 days period too. If an author makes 1$ in ads in a month from all his blogs then atleast give that authors something. I slowed down blogging for some reasons. I will put 10x more efforts in my blogs if I get even 1 cent by a single blog based on traffic i generate. If u check prompts then to some degree I agree it's a faucet site for poor nations.
Do u know how much traffic controversial topics makes? I bet u know. But on hive it earns mostly 0 cause 1 person disagrees.
Decentralized ads. Content discovery algorithms way beyond payout windows. Authors getting some part of rewards if not all.
I commented this here but I was reading all comments for half hour atleast. U got alot of watch time if it's a thing for blogs. Some whales might not agree with ads as it's annoying for them. Why not pay authors for ads off for them on monthly bases they subscribed too? Also, adblockers are getting smarter.
I also read about ocd data tracking and all it is beneficial above by antisocialist. I read all sorts of things on hive but I am a living proof why I don't blog. Some of your concerns r real but layer 2 is not solution in my opinion. I see it in different ways. Sorry for typing too long xD
Yeah, lol. Controversy attracts attention. Whenever I've written those types of posts they ended up being the biggest posts on Hive for days or weeks.
I still get Peakd views on my Mario Nawfal post for some reason that was written 6 months ago.
They dont get more votes though. That is almost never the case. Its something about not wanting to be associated with something controversial as it implies agreement. So attention isnt actually what is valued the most.
Yes I have considered this creating a new sports community with realistic tokenomics.