The Money On Hive Is Incredibly Abundant

in LeoFinance3 years ago

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Hive has about 15,000 daily active accounts according to statistics compiled by @penguinpablo:

Source: https://hive.blog/hive-133987/@penguinpablo/weekly-hive-stats-report-monday-april-12-2021

Yet, Hive's market cap is $235 million or $15,666 per daily active user or account that makes a transaction at least once a day.

Facebook has 1.84 billion users who log into and perform an action on every day.

Source: https://www.oberlo.com/blog/facebook-statistics

Facebook's market cap is $882.69 billion.

Source: https://ycharts.com/companies/FB/market_cap

Facebook's market cap per daily active user is thus $479.7.

There is 32.66 times more money on Hive per daily active user than on Facebook.

Monetizing one's social media presence on Hive is over 30 times easier than on Facebook.

You have to work over 30 times harder to benefit from your activities on Facebook than here. There's that much more competition and the money comes from outside the platform. Here, we witnesses and developers take a total of 20% in the form of that much of the token inflation going their way. 80% of goes to you as a content creator, a HP holder and a curator. Investors in Facebook pay nothing to the content creators.

This is what early adopter advantage means. You are making out like gangbusters, comparatively speaking, because you are mentally more agile than the average person and because you have encountered and chosen to pay attention to the right information.

Do you really believe you're going to make it somewhere else if you can't hack it here?

We have everything going for us. We are so privileged to be here that it is hard to fully grasp. We are part of a network of monetary networks that an outsized share of all the liquidity pumped out by central banks in their desperate attempt at resuscitating the ailing economy get funneled into. This is simply the best place to be in when it comes to social media.

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But I guess it is just human nature that some people can't appreciate what we have.

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These numbers are terrific, contributors on hive spend a lot of time curating, commenting and posting and this power of hive community helps the users to monetize.


Posted via proofofbrain.io

Certainly Hive is 20 steps ahead of these centralized social networks. Something you can also include is that if you publish from Leofinance you also earn other rewards, so it's multiple the way you can be remunerated on Hive.

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Yes, the ongoing tokenization of Hive is a gift that just keeps on giving.

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