RE: Why Leo Is Doing What Hive Seemingly Cannot by urun

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hive-167922 · @urun · Dec 3 '20

smaller community (leadership) can work more efficiently + can try things out, without huge walls. 

That's why I think hive should be mid to long-term only a gas/gov token. Rewarding works are more efficient with platform tokens. 

Leo is such a good example and success story of how it can work. And also a Blueprint.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@urun/re-taskmaster4450-4jm7ft)

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@taskmaster4450le · Dec 4 '20

That is true but the importance, in my opinion, if keeping the base layer reward system is for token distribution.  Since Hive is used for governance, we want that spread out to as many people as possible.

If there were some changes like getting rid of the dusting, that could help smaller accounts be upvoted for their comments, providing more Hive for them.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-urun-2apqx1)

👍 urun

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@urun · Dec 4 '20

Agree. 

But at some point, people that really care about gov will buy that tokens back from the market. Most people only want to use the platform ( maybe not current users but at some point) and don't care about the government.

So Endgame would be less/no rewards in hive + Social media tokens.

👍 taskmaster4450le, onealfa.leo

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@taskmaster4450le · Dec 4 '20

That is true that those who care about governance will buy the tokens.  The problem is that not everyone has the resources to buy tokens.  That means they will be left out without much say.

When you have hundreds of thousands of people getting rewarded with the token, I think you then see a strong distribution.  That is what will really foster decentralization.

Other chains have shown that relying on people to buy the token does not enhance distribution a great deal.  Any that does ends up being big money players which then is just another form of a whalefest.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-urun-3dxhia)

👍 urun

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