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RE: What is going to drive demand for HIVE?

in LeoFinance4 years ago

Ok, but why would the community need to use their ad revenue to buy HIVE? Once LEO is on other exchanges they will no longer need to go through HIVE, correct? And I would imagine most of the popular/big communities will work on listing their token in other places...

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I'm sure some of the bigger ones could branch out but taking the harry potter based community as an example. Their token would be hive based and i couldn't see binance listing it as an option. It would need to be traded on a hive dex against hive. The mod account would also need to stake hive for RC.

I mod the community and use the ad revenue to buy back the token with hive. Leo is a tribe with mining, Wleo and probably more to come but as a harry potter community those aren't what people would come for. They would come to engage and earn some crypto through participation. Post/ comment and earn. Buy badges and other token sinks to be added to the sites.

Maybe it can even be done in such a way that ad revenue is paid directly in hive to the mod accounts based on analytical views to each community site. Cut out the bitcoin step altogether? Then the money is already in the system and tying up hive into the chain and off the exchanges.

Who knows all of the possibilities.
I'm just trying to imagine some of them.