Web3 will be the future. And with this, we will come to a new age of the internet. I'm sure. With universal log-ins and so on.
If hive should be the web3 layer, some things should change faster. Like Layer 1 reward mechanics. And more support of layer 2 reward mechanics. Leo shows it works.
Layer 2 tokens can generate revenue models.
Layer 1 would need a high efficient RC market and FREE wallets. To have all tools ready for dapps.
As long we have this kind of mixture, I can't make any prediction. Also, I would wish for some clear vision for an efficient web3 chain. And I don't write it to bash someone. I know great work is done and progress a made.
But we could step a bit faster on long-term visions ( main chain).
For example, copy the balance of Hive and move it to the second layer app. call it whatever. Peakd token for example.
After this, we can start removing rewards from layer 1.
I agree with this. That is what the base layer does best and something that I think Hive can make a case for as the account management system for a lot more that ends up used with Web 3.0.
I disagree with this. Removing the Layer 1 rewards takes away one of the big advantages, the distribution method. Hive has an amazing way of increasing the distribution of the token, something few others have.
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but it would be useless if rewarding works well on the second layer ( sure it must be easy and super cheap to build before).
layer 1 needs to be efficient. The second layer has much more freedom for revenue streams. Also, think about why we need a holder that doesn't care about gov in general? Never vote or read some technical things. Things slow done and layer 1 needs money. people that hold. People that believe, people that spend resources.
That's why I think hive should end up as gov/gas token. With DAO things should become more and more efficient. So layer 1 would be a business chain that can offer a real solution. And layer 2 is for daily base users.
Dapps, Investors, and devs would be the holders. Much stronger hands. HBD and Hive could be the currency on the defi place build around to trade all second layer tokens.
Layer 2 apps can acquire revenue streams like advertisements or game items and so on. So these tokens can generate value by using hive. And hive generates value because it offers the most efficient place to be for this dapps.
distribution is good on hive and the last years give any user the ability to be a part of the system.
Edit: If done right, users see no difference to today. Hive can split the reward token ways from the gov one.
So you don't want to vote, sell the gov part and the reward token would be also run on second layer and balance and so on ofc on mainchain :)
Same vise versa