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RE: How do we attract content creators and not spammers? by enforcer48

View this thread on: hive.blogpeakd.comecency.com

Viewing a response to: @makerhacks/re-enforcer48-r3ehjz

· @enforcer48 ·
$0.41
> I have yet to see that catch on in Hive.

And going back to layer 1 rewards...it's what held a lot of the promising features back on Hive.

When you look at some of the bigger crypto projects out there, you can find a more primordial version on Hive, but the layer 1 shitposting rewards is stopping many people from seeing the forest for the trees.

For example:

HBD conversions, arbitrage, etc. --> Look at Terra
SMTs (failed) --> native tokens on Cardano
NFTs on Hive (Engine or DLux, thank goodness Splinterlands is successful) --> compare to Ethereum, Wax, etc.
DeFi (look at HBD interest) --> Aave, Maker, Compound, etc.

There is a reason why most chains have their layer 1 based and grounded in sound economics, may it be staking, yield, etc. But, the insane obsession of having rewards on layer 1 on Hive has costed many great opportunities. 

It's not the downvotes. It's not some crazy conspiracies of keeping Hive down. It's literally not giving what people are looking for. Like we have established here, people go where the money is.

There's absolutely nothing wrong with having solid layer 1 foundations that make financial sense and have "content" as the main layer 2 gig. ETH is valuable not without help from all the utilities it has on its layer 2.

Right now, tokenized communities could be one of the next big things with the metaverse, etc. Are the people here gonna squander that as well?

Communities on Hive (with or without Engine) --> Rally (a tokenized community platform)

That's one of the opportunities in the wild right now.
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@makerhacks ·
$0.22
Rally is exactly what I was thinking of, yep. Like minting your own airmiles :)
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@enforcer48 ·
$0.40
Yeah, let your communities decide how much you are worth.

Holding RLY then becomes like taking a share of the network value, which makes far more sense than what Hive does backwards here.
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@makerhacks ·
$0.22
The best part is we already have the infrastructure for 99% of it, with a little lateral thinking ...
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