I have known about it for some time. I haven't bothered to check any competition of Hive. It seems like they all fail sooner or later, no matter how much money they have behind them or how much hype they stirred. They either turn into plain Web 2 - and there's enough competition there - or they try to mimic Web 3 and fail.
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You may be right, but I think its a mistake to assume that none of these projects will succeed, since all it really takes is to copy Hive with more up to date technology and properly market it.
Yes, that is true, which means, as Achim also said, that we need to keep evolving. And yet, most of them try to reinvent the wheel, and that gives us time. Hopefully, we'll use that time well.