One thing that amazes me about our platform is how quickly things progress in terms of development. Building on top of Hive is possible because of the brilliant people who are constantly improving the platform. Choosing a Web3 platform like Hive is definitely a smarter choice over mainstream Web2 social media platforms. So why haven’t the masses migrated to Hive yet?
From what I’ve gathered, there are a couple of thousand monthly users actively posting on the platform. While that sounds encouraging for a social platform, it’s still very small compared to mainstream platforms. We are far from the critical mass adoption that Hive is meant to have. Will it happen in the future? I believe it will because we are persistent, passionate, and dedicated to achieving the success this platform deserves.
One reason I’m optimistic is the way Hive continues to evolve. Whenever there’s an issue, creators and developers rise to the challenge, coming up with solutions without needing funding to get started. The initiative behind these developments is truly inspiring.
Now that the Comment Rewarder app is launched, we’ll have the opportunity to test a new experiment that could significantly increase engagement on the platform.
Is there an issue right now? I believe there is. Engagement on the platform has been decreasing, and it feels like users aren’t as motivated to interact as they once were. It’s clear that the consistently low price of Hive over the past few years has dampened the excitement of earning rewards for posts and comments. As the price remains low, the value of upvotes has dropped below the threshold needed to earn meaningful rewards, especially for accounts with low Hive Power (HP). For instance, a Hive account with around 1k HP can no longer generate rewards unless the voting percentage is at or near 100% (this is just a rough estimate).
This is one reason I decided to lease HP from other users, enabling me to provide small but meaningful upvotes to people who engage with my posts. Since doing so, I’ve noticed a significant increase in engagement. Before leasing a decent amount of HP, there was almost no interaction with my posts, but now I receive at least 2-5 comments per post. I believe the reward aspect plays a big role in this. Based on my observations, the platform’s reward mechanism is an effective way to motivate users to post and engage.
Speaking from personal experience, receiving rewards or tips for posting and commenting provides a sense of recognition and incentive. I believe many would agree with this. Of course, beyond rewards, Hive offers true ownership of data, decentralization, immutability, and censorship resistance. The rewards are just the icing on the cake. In the coming days, I plan to test something new to see if it can improve engagement with my posts. I intend to share a portion of my author rewards with the people who comment on or engage with my posts. I think this is a good way to incentivize those who take the time to engage. So, in addition to upvotes, commenters will also receive a share of my author rewards.
For this post, I’ve set 20% of my author rewards to be distributed to those who comment. I’m still figuring out the details of how the @commentrewarder app works and will update this post once I have more information.
Let’s see how things unfold in the coming days or weeks.
Wow this is interesting @curamax frfiend, I didn't know about @commentrewarder !!!
On the other hand, I'm still surprised that #Hive is a blockchain with small participation... This is a great place to be whether you're a content creator or an app developer!... I've tried to get several friends to come here but they almost immediately feel "intimidated" because they consider the access and the way to publish something complicated... But my case is very special, because I live in a small town in Venezuela and people barely use conventional social networks for entertainment... I've noticed that in other places in my country #Hive is much more accepted and there are even people paying with HBD in small businesses... But as you say: "We are very persistent and we don't give up!"... #Hive is a great place to be in the #web3!... Thanks for this kind of post, it's always good to read!
!discovery 30
!PIZZA
That's the spirit, my friend 👍. With the development taking place here on Hive, I foresee that more and more people will appreciate this incredible opportunity to connect with like-minded people to learn and earn as well.
Indeed! I heard about SpendHBD in Venezuela, which I envy because it's not yet happening here in Singapore. Hopefully, it will happen soon.
Keep it up, my friend. Thanks for the discovery curation too 🙏
I’ve added commentrewarder to my last 3 posts. Great idea for low or high HP authors.
That's so cool 👍 Thanks for taking part in this experiment.
Comment rewarder sounds interesting. Keep us posted on what you find.
!INDEED
I think so too. It’s a good way to distribute rewards to those who aren’t really posting much but are more focused in commenting.
Looking forward how Hivers will utilize this new app 😊
Great idea! Let's see how the experiment goes 😊
It’s an exciting time here in Hive… plenty of development happening 💪
!INDEED
!PIZZA
Great idea. Thanks for the initiative and supporting the community!
I think it's a good experiment to test. Let's see how it will turn out.
Honestly, I see the comment rewarder as a good initiative for the team to implement. I noticed that Hive has low engagement and more users are just posting, get rewards, post, get rewards and then it becomes a cycle.
I don't think it's a good indication of having a good community. As Hive is also considered as a blogging community, I think it is best to assume that we should have more engagement here. This will also help the whole community imo.
Exactly, any solution that can be made available for the community to use is a good one.
Hopefully, more people will share their opinion on how to improve this app would be very nice. Thanks 🙏
I haven't tried CR yet but maybe soon I should apply this to increase the engagement on my posts.
That’s cool. You may consider it too 👍
!HOPE
!LOL
!INDEED
Thanks for the tips 🙏
!INDEED
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$PIZZA slices delivered:
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Well Hive should have improved much more, but I would say the whales have taken their voting habit out. Hardly we see any votes to receive from large voters, communities arent developed and much of what is true is the reward pool.
That decreased to bigger extents as well.
In such circumstances, how can one wishes to stay on if they dont find the time worth spending in the forum ?
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!LOL
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Sherlock Homes.
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@curamax, I sent you an $LOLZ on behalf of phillarecette
(7/10)
Delegate Hive Tokens to Farm $LOLZ and earn 110% Rewards. Learn more.
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Thank you for being an !LOLZ supporter.
Thanks 🙏
!INDEED
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Upvoted 👌 (Mana: 0/68) Liquid rewards.
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Farm LOLZ tokens when you Delegate Hive or Hive Tokens.
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@curamax, I paid out 5.930 HIVE and 1.212 HBD to reward 7 comments in this discussion thread.
Sounds cool 👍
Does this mean that rewards on comments will be distributed even before the post's reward is paid out?