Why Do You Think Steem And Hive Have Been Slow To Gain Users?

in Quello4 years ago

You would think that if an ordinary Internet user learned that they could get paid for what they normally do online, they'd jump at the opportunity. But Steem and later Hive have not been massive hits in the online world despite Steem having existed longer than four years. Hive has only about 3500 people posting daily, which is a tiny amount given that the system spits out about $6600 worth of tokens every day. That's over two dollars per content creator per day. There is not a single online platform in existence where that kind of money is distributed to content creators. By the rule of thumb that 1000 views is worth about $1-$3 of advertiser money on YouTube, the average daily active content creator should be creating posts viewed by 600 to 2000 unique viewers.

That does not simply happen. The average post on Hive is basically invisible because of the low domain authorities of even the most popular front ends. I'm guessing the average post is lucky to get viewed even 10 times on Hive.

Relative to the low impact of Hive posts they are massively rewarded. The weekly reward pool of over half a million HIVE has very little competition over it.

How come are those interested in earning online been so reluctant to grab this opportunity? It's a true low hanging fruit. In particular, any YouTuber should definitely cross-post their videos to Hive using any blogging front end to make a little extra at basically zero additional effort. How come is that not done at a much larger scale?


This question was created on quello.io, Quello is a question and answer platform built exclusively for Hive. Answer this question on Quello by clicking here.

Sort:  

Congratulations @vxn666! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You distributed more than 5000 upvotes. Your next target is to reach 6000 upvotes.

You can view your badges on your board And compare to others on the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @hivebuzz:

Introducing the HiveBuzz API for applications and websites
Support the HiveBuzz project. Vote for our proposal!