"Cryptocurrency, or more specifically decentralized finance (DeFi), changed that. Through the introduction of liquidity pools, anyone can participate in the making of markets. As automated market makers tap into those pools, the funding provided by individuals can present a return. The concept of the DEX radically alters this scenario."
While decentralized platforms like Hive have the potential to offer economic opportunities to individuals who are excluded from traditional financial systems, the market's liquidity remains heavily dependent on real market makers. As such, broader participation in the emerging economy is reliant upon the provision of reliable liquidity.
To maximize Hive's potential and enable creators to build their businesses upon the existing infrastructure, the platform requires the development of plug-and-play systems. Such systems will facilitate the easy construction of business models, thereby enabling the efficient creation and distribution of content. Hive needs only one semi-successful application that will spark interest in others.
Furthermore, it is worth noting that competition in the tech space is fierce, particularly in the social media arena. Competitors and new startups alike will be incentivized to offer increasingly innovative and attractive incentives to draw users to their applications. As such, it is essential that Hive's development remains aligned with emerging trends in the sector.
As far as I can see, Hive has problems with positioning and the community should consider discussing approaching it differently.
I give you a !PIZZA
Enjoy!
Posted Using LeoFinance Beta