Hey Hive community,
While I’m not nearly as active these days, I do still believe in Hive, and regularly suggest people join Hive when I see them complaining about the way billionaire owned platforms function. The issue is always the same, they say it sounds great, but they believe themselves trapped in these platforms because they think that’s where the audience will always be. Now I’m not denying that there is more eyes on these platforms, but what’s the point if f you can be hidden from said audience for simply speaking about anything they don’t want you to talk about.
My suggestion is for them to treat Hive like the community building version of Patreon, and work to bring their audience to Hive for the mutual benefit of the creator, and curator relationship. The issue with that, is unless you understand how Hive works, it’s not obvious that we have such a solution. Essentially we have no viable narrative that explains why people should learn to use Hive, other than the draw of monetization, and it’s not even that rewarding compared to top creators on other platforms.
It also probably doesn’t help that to find Hive without knowing where to find it, is actually very difficult. No unique spelling, similar spelled projects like Hive Social misdirect many people, and almost no marketing other than word of mouth.
The positive
I often like to look at the flip side of things, and there is a silver lining. Despite all the problems I just mentioned, despite the horrible price action, lack of marketing, and more, WE ARE STILL HERE! What that tells me are s that the people who are still here, and here because they understand the importance of Hive, of collectively owning our own space online, and of the community that makes up Hive. That and many in the impoverished world depend on Hive. That is why we need to fight to not just keep Hive alive, but to make it thrive!!!
An idea
In the future I’d like to start a discussion about this, because frankly it’s a major issue, and it’s made even worse by the lack of revenue generated by Hive. Especially compared to how most platforms are essentially monetizing their users attention in multiple ways, with advertising, data analytics, paid memberships, tipping, and so much more. I’m not saying we do all the evil things those platforms do, but there’s many ways we could create revenue through voluntary features like turning in ads, and then use Hive purchases or burning to share the revenue through Hive’s tokenomics. Currently we depend on inflation, and growth to encourage more people buy Hive to cover RC. That’s clearly not working correctly, and I believe it’s largely why we’ve seen almost not positive price action on Hive in the last bull run.
I have a plan
I have been working on a plan for a while, that I think will be of a huge benefit to Hive, and create a new model of communities on Hive. Essentially the idea involves replacing the middle men of retailers, such as Amazon, and Google advertising, with a more direct connection to their customers through Hive communities. Meaning the revenue that normally goes to major corporations to provide us with these services, we use the Hive model to redistribute that revenue back to the retailers, and their customer base.
This creates a circular economy, where spending money on advertising to your customers, gets returned through sales, which then retailers can reward content creators who post about their product, and that makes creators more incentivized to continue to support the same retailer. While retailers have an endless stream of content from creators, promoting their products, and suggesting they join the Hive community to share in those benefits.
TLDR VERSION
Hive is the answer, but most just don’t know it yet.
Hive should be profitable, and share its revenue via the inflation. Many ideas on how to do so.
I have a big idea, involving capturing much of the revenue that gets generated from us PAYING attention to mainstream platforms, and taken from us by retail middlemen like Amazon, and Google. We generate trillions of dollars for them every time we use mainstream platforms, and there’s no reason we shouldn’t decentralize them using the Hive model.
Here’s some examples of my ranting about Hive on public posts, and a picture for the thumbnail.
https://www.facebook.com/story.php?story_fbid=122134821878944990&id=61578349721060
