I don't think you understand your investment in hive correctly... If Splinterlands and Leofinance succeed, hive succeeds.
Yes, they use it as a technology, but in order to do so one must stake hive. Very simple value for hive.
Who cares about hive.blog and trying being the best blogging platform. The goal is to have many communities similar to Leofinance all running on hive and powering up to use the Resource Credits. If Leofinance is successful, not only will it generate demand for hive, but it will also inspire other people to follow their model, which will generate value for hive exponentially.
We can say the same thing about splinterlands and all other hive games.
When he had Steemit, we had a nice social media. The cost of forking and being completely decentralized is that we have to rely on community entrepreneurs to market their own dapps/communities. But the value is still there.
Powering up for voting power will be old school. Resource credits and governance will matter way more. But yes, we need a lot more activity before resource credits demand actually starts to push the price up.
Btw, I don't think @therealwolf cares about the blogging platform. He already thinks it's a failed model, if I understood him correctly.