Most dont realize how much the industry grew from that period.
There are a ton more projects right now, as compared to when Steem was a top 3 token.
All of the DeFi tokens were not around as well as Cardano, EOS, and many more.
What you bring up about Hive is accurate. I am not worried. Even though we have the legacy of Steem, we are seeing a big move in the first year (now completed). Hive has the ability to scale which many are trying to do now. Plus, we are seeing a lot of wealth created through projects on here. This is only going to enhance the appeal of the blockchain.
Posted Using LeoFinance Beta
It is true that the blockchain space has come a long way since then. But I'm still thinking that there was more optimism, more people, more engagement and more ambitious projects on our chain back in late 2017 early 2018.
What I think may turn out to be the big difference though is that now at least one project have "cracked the code" for how to sustain and grow the value of a PoB token and use its potential to crowd-source community building to benefit the launch of additional products that may not be on this chain itself. I've said for years that "it may only take one project on the chain to succeed for the rest to follow". And I hope that one strong success story can attract, motivate and grow many more.
The best times are likely still ahead. And I think with some perspective of where it's feasible to go, we can be very optimistic. Which was the main purpose of this article.
Posted Using LeoFinance Beta