Great article and solid points of constructive criticism. I also feel Hive is foremost lacking capturing value back into the ecosystem and we shouldn't be afraid of using web2 revenue streams if that brings value. This can be done at individual project level, but it would be way better to be at blockchain level. The equation is not easy, but we need to take steps for solving it if we want Hive to be sustainable in time.
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Thanks! Completely agree that we shouldn't be afraid of web2 revenue streams if they work. The whole point of blockchain should be better outcomes, not ideological purity.
You're right that blockchain-level solutions would be more powerful than just individual projects doing their own thing. When projects capture value independently, it helps them but doesn't necessarily help HIVE token holders or the broader ecosystem.
I mentioned this in my reply to @dankorox above, but one idea could be a blockchain-level ad network where advertisers buy ads, publishers get paid for showing them, and fees go to the reward pool or token buybacks. That way everyone benefits, not just individual apps.
The sustainability question is key. The current model can work for a while, but without real value flowing back in, it's hard to see how it scales long-term. What other blockchain-level revenue mechanisms do you think would be realistic to implement?