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RE: LeoFinance Weekly AMA! LeoThreads Microblogging on Hive and PolyCUB Monthly Report

in LeoFinance2 years ago

LeoThreads has a fundamental issue though. Which will work against growth.

  • Microblogging on HIVE is considered shitposting.
  • Thus rewards for Threads can only exist within Leo.
  • Users therefore are not likely to get much rewards but still need RC to keep posting Threads.
  • If little to no rewards come to users they run out of RC which results in no activity (growth limit)
  • Or they need to purchase Hive/Leo (which seems like a positive but from outside looking in..)
  • Makes Threads a PAID PARTICIPATION microblogging platform.
  • Whereas Twitter is FREE with a much bigger audience.

I can only see limited growth by people that are OK with all the above.

You need to provide (capped) guaranteed incentives for Threads in order to maintain participation or it will turn out just like all else on Hive.

Big hype and buzz at the start then it fades away and gets forgotten.

Without a solid model for growth this Threads thing is not the 'killer app' people think will bring boom uptake for Hive.

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These are valid questions, however one key part of LeoThreads has already solved this:

Threads are NOT top level hive posts.

Threads are already earning HIVE + LEO.

No hive policeman can say that threads are shitposting the chain because they aren’t posts. Yet threads users are still earning both second layer and first layer rewards. One of the beautiful things about the second layer is that even without first layer rewards, it’s still rewarding. Having some small first layer rewards is still cool.

RC issues are easily resolved in one of two ways:

  1. hive RC pools solves this
  2. if hive RC pools didn’t for some reason, we could easily build a bot that delegates HP to users who are threading and running low on RCs

Hope that clarifies

Posted Using LeoFinance Beta

this should be solved with the upcoming delegation feature of RCs in the next HF (if the LEO team decides to support their community in this way)