For as long as i know HIVE has been promoted as a Mecca for content creators, which it is :), but at the same time i feel we have sidelined the investment side of things.
That prolly stems from the fact that there are much more users then investors out there so we cast a wider net.
Not saying its wrong, not saying i havent done it, im just saying that we should flip a switch now in our minds and start reaching out towards the crypto world with the advantages of being invested in HIVE while at the same time working on our own shortcomings.
Our strengths are pretty obvious.
A Die hard community of versatile and driven individuals that "takes no shit" and stands for true crypto values. Free 3 second transactions, huge tx/s potential, community driven decentralized chain, real engagement, real people.
These are known things. But theres also the massive potential for passive income. Curation that offers large returns. Ive seen it go up to 25%-30%. Dlease delegation market.
2 days ago i posted a tweet with my portfolio. Its not a big portfolio by any means but a few folks chimed in and discussed a few things. There is this crypto vlogger i follow that chimed in with something i think we forgot about during all these TRON dramas.
13 weeks is just too long.
Now, ofc he isnt a major investor but i wanted to showcase his opinion since i see it as the first thing anyone in crypto will notice.
Now, its important to note that while other coins might have staking like HIVE does, due to the social aspect of hive, the value staking provides to you as a staker goes beyond that of your APR, 2% + curation 10%-30%...
While HIVE apr is the largest or among the largest in crypto you have chains like EOS that come close to our average through exchange staking. While EOS, the chain, might provide something like 1% APR the exchanges like Binance offer up to 8% for 4 weeks which comes close to HIVE apr. In the end a investor will mostly care about the numbers.
The issue i think we are facing is the staking length and how rigid the staking is. Before Steemit was purchased i was in favor of a reduced powerdown time. Those discussions were later sidelined.
Now, we could do what steemitron did and go with 4 weeks, that would be fine, but what i think we should do is be more flexible.
There were a lot of good ideas during the discussions and weve seen some unique staking methods on other chains as well.
HEX for example. Looking at it overall, HEX is just a inflationary token with no use case but it does have a interesting staking model.
You pick the staking length and can cancel the staking at any time for a fee that can become very large depending on your original staking length.
Im not saying that is the way to go for us but ideas like this should be looked at. Security has been an issue for a lot of Hive investors but i always considered the risks to be inflated a bit. Unfortunately (fortunately) Hive generally isnt something you just buy and leave in some wallet somewhere and never use like is the case with 99% of tokens, its used, and when something is used as much as Hive is, security can become an issue.
I think both things should be developed side by side when wer considering a change in the staking model
A creator gets 50% of their rewards liquid after 7 days. Investors wait 13 weeks. Its time to think about how we can get those times closer together.
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I think the upcoming opportunities are going to be in tokens on Hive other than HIVE.
Everything you just mentioned here applies to tokens created on H-E yet with varying power down times. The are ones with a 4 week power down.
We are only at the beginning of all these innovations that are coming out. While we are at it, there are also opportunities that are growing with NFTs. This is something that is arising in the Hive gaming community yet will likely extend past it.
A lot of opportunities in my opinion that are just getting started.
Unfortunately, the individual you were interacting with appears stuck in a mindset that is not likely to change soon. There are others who will be realizing what is taking place, probably after a boatload of money was made by people already involved in the Hive ecosystem.
As they say @lordbutterfly, you can lead a horse to water....
Thanks for your efforts in promoting Hive outside the ecosystem.
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This is a very cutthroat industry and every little thing that can give us an edge counts. I would at this point be happy to revisit this discussion.
First the HF needs to happen, ofc.
Wer all doing our part. Dan was nice enough to sell me his delegation for couple months and ill be tracking how my curation does, sharing it on twitter. Regardless of the reduced powerdown discussion i still think we need to be sharing more info on the ROI potential here.
I think with the 4 week power up witness voting delay introduced with the next hf, we can definitely open the discussion for a reduced power down time again. I think 4-8 weeks would be an acceptable pd time.
Yeah, I feel the discussion will go in that direction after the HF.
Someone here for pure investment could have their account on a perpetual power down.
I personally like the 13 week power down, it makes me feel like the coin is more stable that way.
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The 13 weeks dont really affect stability much as can be seen from the drop in MC over the years.
Creators in larger part then investors look to powerdown and creators are easier to attract then investors are.
We need to work on attracting investors and reworking the staking model is one of the things we can do to improve our appeal.
@tipu curate
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I've had leases up to 40% on dlease when it first launched, I'm really surprised dlease.io hasn't gone viral, I think maybe the onboarding and the staking period might put off new investors/users.
That is i think definitely the case.
Another thing is that wer just not advertising it enough.
"I made 30$ on this post i made, isnt that awesome? Come to Hive you can as well!"
That doesnt really tell any investor why they should buy Hive. If anything it could make them skeptical.
That’s a good point, I think Hive would do well having an investor portal on hive.io
Interesting point. I agree that it is good to make a balance and allow investors to feel as good as creators do from using this amazing Hive platform. Thanks for sharing!
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It very well might. I personally prefer the shorter powerdown.