I think it is past the point of that because of the community fracturing up too many times.
A lot of new things would have to be tried because there is a lot of competition competing over everyone's money and attention.
There is a lot of value in the games. Most are hesitant about the sports betting but that could be another avenue.
Most stuff that has slipped down CoinMarketCap / CoinGecko has a hard time regaining a ton of ground.
One of the only ones to retake a previous high point has really been DOGE. Back in 2014 it was top 3 for a bit and it retook that in 2021. Most of the time when stuff falls away it continues to slide overtime.
Some say that we are right on track.
The base code is ready to scale, and smart contracts are coming.
Seems a little slow for me, but I'm not a coder.
You are right, though.
IF you are looking to 10000x your investment, that probably won't be hive.
The HIVE ecosystem is impressive to say the least. There may be some validity to the premise that it is ready to scale but I think there will be obstacles in the way and I really think it is going to take quite a bit. I could see a very complex game and marketing effort potentially changing the game but there is a lack of willingness to fund stuff so I don't really see them signing a contract with an established game development company.
We have to compare it to the next evolution of this type of tech. Well EOS and Telos have Ethereum Virtual Machines and have 0.5s block times vs 3s block times. WAX has signed some big deals and has tried to focus on gaming and NFTs. The reason I think EOS has stayed where it is market cap wise is because it is on the big exchanges like Coinbase and Kraken.
Hive is on Binance but if it could get on Coinbase and Kraken that would somewhat change its situation but I think that is going to be hard to get that accomplished at this point.
ICP is on the big exchanges but sort of the same narrative of the development of it gets talked about. People are waiting around for a proper money market on there. Also their EVM is being developed but they are blocking US users for it.
A lot of stuff comes down to funding. On HIVE they are underutilizing the Fund and are worried about people getting upvotes or powering down. Personally I think it is the wrong approach instead of sprinting and operating out of a position of abundance especially during a bull market.
Hive will take off when the incentives are aligned for a moonshot.
That hasn't been the case at least since stinc kneecapped us with linear rewards and a two year development walkabout, it may be some time before it is the case again.
The cex's can all fall in a lake, as far as I'm concerned.
People can cuck for the bullies if they like, I won't be.
Vsc will solve this like v4vapp has for lightning.
Once we have the smart contracts fully functioning, then we can look at realigning incentives so that 50% of the daily inflation intended for attracting newbs doesn't go to the top 20 curation accounts leaving the other 50% to be split between 8k authors and even more curators.
Add to that fact that influencers were intentionally driven away and we have quite a hill to climb.
First stop, smart contracts.
I don't like the CEXs either but a lot of people use them as on and off ramps so even if the power users don't utilize them as much they still help bring liquidity.
In the early days of Stinc there was a lot of feeling ourselves out and trying to figure out what mechanisms would be best. The other chains clearly tried other things at this point. Personally I liked what DTube did as far as always just being liquid. I don't like the 3 month power down stuff. It doesn't seem to help anything. It just makes people hesitant because they feel like their funds are locked up.
Seems like there are some positive things going and I look forward to the smart contracts but in the same respect if we compare it to EOS, Telos, or WAX and they had smart contracts and faster block speeds.
HIVE has the first movers advantage and already developed apps and at least some continued support for some of the interfaces. Hive is pretty cool for sure. It is unfortunate that the community has gotten fractured up several times but it was a predictable future. It's like churches in the Midwest. Everyone wants to be in charge and everyone feels like they aren't getting the love they deserve. Now we have Blurt, Steem, Hive, DTube, Appics (Telos), not to mention DLive, Weku, Golos, BearShares, WhaleShares.
So much fracturing
There are some in the hive that are here to insure it doesn't succeed.
Not as many as before the fork, but there are clearly moles not interested in the success of hive.
It's hard to have a hierarchy without running afoul of powermongers.
Everybody wants to be the one that rules them all.
Power is a powerful drug.
I agree with that. They wouldn't come out completely and say they want HIVE to not succeed but I think they would rather it just be this under the radar thing that they are able to print money from. I would say at this point there are maybe 50 people or so that this is somewhat of a money printer for them and like the US governments insane spending habits it doesn't affect a lot of the people who escaped the matrix with extreme wealth. The citizens take the hit and decide to continue on or give up.
Do I blame some of them? Not really. The cryptos that have made big waves have suddenly been attacked. Look at HEX or SafeMoon and then all the stuff they say is an alleged security. It's a lot to fight against.