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RE: Remove content rewards from base layer? /Yea or Nay?

in LeoFinance5 months ago

Tell me one guy with more than 100k followers on Twitter "you" onboard on Hive on the last 3 years.
Forget the rewards for a second and tell me one Hive dapp that you would recommend to your friends, be honest

You cant onboard them. Theres simply not enough people here for them to care and the base layer rewards cant attract them. Thats why Im saying we need to look at L2 and how we can establish it once we get lite accounts. VSC is setting up to offer most of that.

I mean, I made the top 10 most rewarded list on Hive and barely made 500 USD in a month after spending 10 days of my life in mud, cold and rain with Bilprag, putting 3000 kilometers on my personal car for the Hive car project. The rewards about covered my coffee for a week. 😂
And then theres folks like Crim, Matt and others that do this stuff as well. Conferences, Hivefests. Some have DHF funding, some are whales so contribution comes easier, some run witnesses that pay ok but Crim and some others for example I know dont have any of that.

Hive base layer rewards cant even cover the non-developer contributors let alone provide what a creator ecosystem would need.
Its not about me wanting to move rewards off of base layer. Its about it not being the optimal solution, the stakeholders that could increase rewards showing unwillingness to do so by voting the Stabilizer comments for example.

Its simply a necessity imo. What else can we do?

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Let me get a bit out of topic but in the end it is all connected, believe me :D

Theres simply not enough people here for them to care and the base layer rewards cant attract them.

This is a closed circle, base layers rewards can be enough to all if hive price goes up, hive price goes up if there is visibility and good Dapps.
One example, why shouldn't I leave YouTube and start with 3speak if everyday you need to get help on a Discord channel for them to manually finish your upload because it just doesn't work on its own? It's just comic! That's the real reason You cant onboard them, but we can always pretend other reason.

barely made 500 USD in a month after spending 10 days of my life in mud, cold and rain

You and other guys doing those work to the Blockchain marketing should be payed for that by DHF funds, period!

VSC is setting up to offer most of that

These are the same guys that made an app (3speak and SPK Network) who can't handle 100 videos a day without 10 support requests or recommend to first upload videos on YouTube before post them on 3speak, because of encoding issues. But let's wait and see what they do with VSC.

What else can we do?

Come up every day with these type of question and invite people to talk, agree, disagree, find solutions, improve, care, encourage resilience and critical thinking. Honestly is always the best and only approach, instead of saying we are the best, talk openly about what we can do better is what I expected as investor.
There are too many guys in Hive looking in the mirror!

These are the same guys that made an app (3speak and SPK Network)

No they're not the same team. 3Speak and SPK network team is completely separate. The only common person between them is me. I've hired in my own dedicated team to help develop VSC. It's clearly stated who is in involved in our proposal and other posts to prevent confusion between the two projects.

Well, you are the guy on both sides.
Looking forward for better code 😉

This is a closed circle, base layers rewards can be enough to all if hive price goes up, hive price goes up if there is visibility and good Dapps.

Not even with a 10x in price do i think we can sustain a creator economy at any significant level. Base layer acts as a faucet and right now author side gets around 70k USD a month. What do we have 3000-5000 users?
The preferred option is that people dont come for the rewards but rather the experience. Eventually you still need to get top creators paid to keep providing that experience.
If we just want to spread some Hive around, that obviously doesnt matter, but if we want to have a robust content library with quality content we need to think further than the base layer.
Theres 38 million active youtube accounts with billions of viewers. The Hive base layer rewards couldnt cover 1/1000th of that number even if hive had a bigger market cap than youtube. And thats just video content.

You and other guys doing those work to the Blockchain marketing should be payed for that by DHF funds, period!

Nah, nobody can ask anything before Crimsonclad gets paid first. They could though vote more contributor stuff instead of those Stabilizer comments.

There are too many guys in Hive looking in the mirror!

True... But we are some good looking folks here on Hive. ;)

I will make a post to reply you here lol