Where'd everybody go in May in June? The on-chain social activity trend seems to correlate with the broader market sentiment. The UST death spiral started around the middle of May, which might be the best milestone to indicate the start of the crypto bear market.
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We're stilling fighting against our weak network effect compared to alternatives. Very few of us have many local real life friends on the network. Almost none of us can use Hive or HBD yet in our day to day lives. That puts us still floating in the speculative crypto ocean, rising and falling with the crypto tides.
Our network has to be compelling enough to be worth it even without the network effect, and we also have other challenges needing addressing (usability, onboarding).
This is true. I have brought in many close friends from my photography and art cirlces but so far only one person stayed. The only local or regional friends on Hive are the people whom I met here and then became friends. Its a peculiar situation. I had even "bribed" friends by getting some whalevotes and all but they left ...
I don't know if you've heard about Uquid? It's an online marketplace and ecommerce platform with tons of goods and services. They accept Hive and HBD as payment options. I've used it for my internet subscription and it has worked well so far.
I was not aware of this, no. Thank you.
It's a pity that you can't log in with Keychain (while you can with Metamask). There's very little indication that you can use Hive or HBD when you browse the site.
Yes, unfortunately. It's mainly Binance and through social media platforms or via email.
You only realise that there's a payment options of Hive or HBD when you reach the checkout. There was a banner of it before but now it's no longer there. It seems like the purpose is to partner with a lot of crypto currencies on the site. They keep changing there collaboration banner at the top of the page.
Well, most of my friends have been on social media sites since the mid 2000s. Social media has lost its charm over the years.
It is really hard to compete for attention with well-established platforms. Those web2 giants are extremely sticky, and people are unlikely to leave unless they are forced off the platform. Those products are psychologically engineered to grab as much attention as they can, because their business model depends on it.
I think we just have to innovate and offer novel solutions that cannot be offered on established Web2 platforms.