I think you nailed it here:
... it seemed that not many took the opportunity to create some real value behind them.
This is the challenge across the crypto world in general but, keeping to topic, is certainly the case on Hive. We see tokens rolling out without much of a plan and even less action. Certainly, not all is going to succeed while things fail for many reasons, even with the best of intentions. However, it seems like we are not even starting with high aspirations.
Conversations like these are vital. The CTT guys regularly harp upon the founder's stake and how detrimental it is. Well, stands to reason it will have the same flaws on Hive-Engine.
We are here to experiment. Projects can try many different things to see what works. This is a time for innovation.
Projects that keep it, in my view, will have long term success. They might not hit on the first go, but over time, there will be winners there.
That is why I am high on Hive in general. Overall, there is a lot of new stuff tried over time.
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I need to get back to listening in on the CTT podcasts!
The great thing about having a good and fair distribution early on is that you can feel free to experiment and innovate with the token later however you want because you have a solid foundation. That's been something on my mind with POSH as well and I'm quite excited to see what we can do with it in the near future, even though it is quite a unique coin where the focus will always mostly be to reward those sharing content.