"What if we onboarded a hundred million people. Do we really expect all of them to be bloggers? The current usecase of Hive is actually quite niche."
I really do not agree. All those people are using social media already, texting each other, posting on Fakebook, Twatter, and commenting on Youtool, and etc. If we had the right platform, they'd take to it like fish to water. Of course, they'd take Hive in a totally different direction, because all those Nigerian normies would vote different witnesses. We aren't in a niche industry, but we're a pretty niche part of it.
Taking a look at https://stockanalysis.com/stocks/industry/, internet content is a ~$2,755B industry. There's only a couple industries that have a larger valuation, and the only one that isn't related to internet content is pharmaceutical drugs. Semiconductors 3,063.40B, telecom services 1,022.78B, software infrastructure 3,854.26B, software applications 1,693.48B, and consumer electronics 2,853.51B, are all related to internet content, even dependent on it, and in toto that sector together massively outweighs any other sector of industry. Even when content isn't technically social media, it is people conveying information to people, so it may not be blogging, but I consider movies and music social media, even though they can't hear you when you scream at the screen.
In comparison, all real estate combined is 1,276.13B. Social media is not niche. It is the main driver of the global economy today. Don't sell Hive short, just yet.
Thanks!