The versatility of Hive | The Convenience of Leo

in LeoFinance10 months ago

I was having a conversation with @manuphotos today, and we were trying to coordinate the schedule for an AMA with the @HiveCuba community to talk about all things related to @LeoFinance.

We went for the third option, because the first two overlapped with other podcasts in the Leo Ecosystem.

My first thought was, man, seems like everyone has a podcast now.

And it's true. In fact there's a meme somewhere on the interwebz which I don't have the time to find - I did duckduckgo it but I couldn't find it easily - where they make fun of men: Men deal with problems in 4 ways - Reaching out to God, going to the gym, getting off-grid, or starting a podcast.

It's funny because it's true.

Everyone has a podcast now.

And that's the beauty of living in this day and age, where you don't even need a computer and a nice setup, and you can actually start your own podcast from your cellphone and upload it to Spotify in two minutes. It's an option for everyone who knows how to do it, and in order to learn how to do it you just have to google it (because normies google it, they don't duckduckgo it) and you will find a tutorial or 176 videos about your specific issue or your peculiar itch to learn.

We live in an era where technology is part of our day to day life, and he who is able to leverage it in their favor, will have a much more easier life, and will be able to make money in a much more simpler way.

Then I remembered a Tweet I saw a few hours ago by @theycallmedan - by the way, wen Threading, Dan? - where he mentioned the beauty of Hive as an ecosystem where anyone with a Hive account can switch from dApp to dApp in a simple, fast and secure way without worrying about anything else but engaging, creating and getting involved in the ecosystem.

This one I can find more easily because I don't have to duckduckgo it, I can just check Dan's Twitter account, but some context first:

The arrival of Meta's Threads and their skyrocketing adoption with over 70M users in 24 hours according to the SuckerBurger, is apparently throwing out the question: Is this the way to go? Can existing Apps launch an App into a whole different niche and target audience and get adoption fast by leveraging their existing userbase, thus becoming a real competitor in the new niche?

I get the concept, the biggest wall any product faces when onboarding new users, is making the potential customer to create an account and clinch the user. But if a big chunk of your potential users already have an account that you can just repurpose into a new app, users only need to click a couple times before they can start using your second - or third, or fourth - app fast and easy as hell.

You cut corners in the most simplistic and genius of ways, and it is actually not illegal, immoral and it is definitely not unfair play.

This is why Meta's Threads had 70M signups in 24 hours, because they had an existing userbase of 500M Instagram users. And yes, you guessed correctly, in order to start using MetaThreads, you can use your instagram account.

These two audiences, markets or niches - however you want to call them - are very different, with two sets of interests that might not share anything between each other, but those who are curious enough will have an easy point of entry. Add to this the reach Meta has as a conglomerate, and all the free advertisement the App got from literally every news outlet reporting about this Twitter Killer and voila, you get a successful App from day one.

Will the shiny new thing effect pass out after a few days? Maybe. But some users will stick, and that will be a good continuation to an awesome beginning.

But man, we've had that very same concept on Hive for 7 years.

The versatility on Hive

I've known this for years, but it is also nice to give credit to Dan who's been promoting this concept every single day:

This very same concept people are deeming revolutionary, out of this world, and a genius move is not new.

Hive has had it for almost a decade now.

Think about it. If @actifit onboards a new user, this person will become an actifiter, but their account will allow them to use a full landscape of dApps within the Hive ecosystem. With two clicks they can become a video creator on @threespeak, a microblogger on @leofinance, a web3 gamer on @wrestorgonline and maybe even soon, a porn consumer when we get our very own OnlyFans on Hive.

All of it with one single account.

Do you think Meta's business model is kickass, where a user can share their Instagram stories to Facebook, or they can use Instagram to login to MetaThreads... do you think it is genius?

Think again, bozo.

A person with a Hive account can use more than 100 decentralized apps without worrying about data sharing, censorship or any other buzzwords you might come up with to attack centralized social media in web2.

And yet, we fail to get adopted as a Blockchain, Hive fails to go mainstream.

The Convenience of Leo

A Lion - that is a user of Leo - can repurpose their Hive account to play games, bet online, send transfers and much more. This is thanks to the Hive infrastructure.

LeoFinance was born as a platform to share and consume content related to finance and cryptocurrency, but it has slowly evolved into The Everything App, where a Lion can Blog, Microblog, Transfer funds, Enable DeFi usage, Do Polls, and more... and belive me, there is more in the way.

But even if when Leo manages to become a true Everything App, any user who finds it doesn't suit their needs or doesn't fit in what they expect from a content focused platform, they can repurpose their account and use it to engage in one of the other hundreds hopefully thousands of platforms and services within the Hive Ecosystem.

If one dApp explodes, all the others get dragged

Think about it. If Actifit goes wild, if LeoFinance goes mainstream, if WOO becomes highly adopted, all of the other dapps in the Hive ecosystem will benefit from this, because we all share the same ground zero point: People can use the same account for everything.

It becomes kind of your online identity, and if Hive becomes mainstream enough, it will become our avatars in the decentralized metaverse that will compete face to face with Meta's centralized, government controlled, agenda filled, narrative oriented Metaverse.

We saw this phenomena happen with Splinterlands a couple of years ago. SPL exploded and got huge adoption, and some of these new users overflowed into the content creation side of Hive and we got a lot of new bloggers in town.

Imagine this happening ten times with ten different Apps... All I can ask you is, why are you not buying more Hive - and Leo for that matter.

Posted Using LeoFinance Alpha

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Hive definitely does what they're trying to build. And it sometimes amazes me when mainstream people say this is going to be revolutionary. The reality is that the revolution is already here with Hive. I think with the sheer numbers they have, Meta has a good shot at building an everything app/ecosystem on web2. I think users will prefer multi purpose platforms than a single purpose platform.

Nice post 👍 !PGM

On point! “The rising Hive lifts all dApps”

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Even if it's just $20 here or there. It will add up in time.

You are right brother hive gives complete freedom and decentralization to it's user to instantly login to one and another dap of their interest and choice.

I've been presearching since ddg (still my favourite because I freaking love the bang syntax, but presearch has also started giving me better results) proudly proclaimed they were going to be filtering search results and whatnot from Russia.

And if it's any consolation, I don't have a podcast XD

I feel like the struggle to go mainstream is mainstream people knowing so very hard that crypto is a scam that no other possibility will be considered. And the other thing is that I think some people like the centralised government controlled agenda filled narrative oriented whatever because all they want is for their narrow minded world view to be constantly validated and affirmed and anything that doesn't is toxic and has to be cancelled and kerbstomped into the ground for daring to make them feel slightly uncomfortable.

To answer your (probably rhetorical?) question it's currently a money thing (only relatively recently managed to squeeze it into the budget) but prior to that it was a gamification thing (how far can I get without paying to win, oh wait for once pay to win is actually good). Statistically I'm unlikely to be the only one XD

I'm very curious about where hive will come.

At some point one of these dapps will stick

Adoption.jpg

And then... ¿What do you think is failing in the adoption of the revolutionary, out of this world and long-lived Hive ecosystem?

Think again, bozo.

A person with a Hive account can use more than 100 decentralized apps without worrying about data sharing, censorship or any other buzzwords you might come up with to attack centralized social media in web2.

And yet, we fail to get adopted as a Blockchain, Hive fails to go mainstream.

erm... just out of curiosity. ¿How many black dots do you see in this Pic below?