Tokenized communities are the future of Hive

in #hive3 years ago


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2017 - General purpose smart contracts.
2020 - DEFI.
202X - Tokenized communities.

Cryptocurrencies have gone through a few phases and with hindsight we can see what the market valued most during the bull markets and which platforms brought most to the crypto ecosystem.
2017 it was Ethereum and its smart contracts from which were born BSC, TRON, EOS...
2020 we had DEFI that started on Ethereum again but got most traction on BSC due to low fees and ease of use.

The next phase opens up an opportunity for Hive.

That opportunity lies in "plug and play" community token creation.

Hive has all the fundamentals to provide the crypto markets with a new "toy" to develop on due to its underlying systems in place.
I could stop here and call the post a day, claim my idea is great and look for agreement from the community. But i want to be CONCRETE here.

What does that actually mean?

I had a convo today with @jarvie in the Peakd discord on the topic of tokenized community and simplification of all systems on the UX side of things.
Im sure Jarvie wont mind me talking about it since it was a public channel.
Ill just mention what i feel are the most important points that im trying to make.

  1. Simplifying the signup/login process and platform use by frontends by taking all the responsibility on themselves by providing full custodial services to users until they are ready to utilize the advanced features of Hive. (Advanced: Anything that exceeds the use complexity of legacy social media like Facebook, Instagram, Twitter.)

  2. Removal of "Communities" from frontends in the current form and seamless integration with @hiveengine to provide a 2-3 click cryptocurrency creation (Tokenized community) with a system in place that utilizes the current system with an integrated token creation, ticker requisite and a Hiveengine exchange listing.

Hive right now has unnecessary complexity hiding under the guise of "user options". The whole of Hive is booming with insane amounts of information that only the most driven people have the patience to absorb.
The way we are approaching things now eliminates any potential for mass adoption.
As we are right now, wer not a threat to any legacy social media and we will never be.
I know that is tough to hear but i see no other truth.

The only solution to this is:

Making Hive so simple to get into that a toddler can use it.


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And i dont mean that for us. We know Hive.I mean that for the lowest common denominator.

Right now crypto is gated tech and that goes beyond Hive itself. We try to promote freedom to do what you want to do but without an advanced computer use proficiency, high level of programing knowledge you cant utilize most of the tech.
For some people downloading a browser and using google is not a simple task. Buying a trinket on Amazon. Dont those people deserve consideration? Dont they deserve a chance to experience cryptocurrencies?
How many BSC DEFI token scams do you think were made by the same programmers? You think they only attempted their scams once? It worked once, why not try it multiple times?

Cryptocurrency creation has been gated by programming knowledge only a very small part of the global social media user base has, making us subject to the developer whims, to the same scams, which constricts mass adoption and influx of new ideas.

Hive needs to position itself as the FIRST 2 click token creation platform with social media focus.

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If we can do that, the next big bull market will have Tokenized communities in the forefront of the crypto space attention but this time mass adoption has a chance to follow.

I would prefer SMTs developed at the base level but since Blocktrades made it clear that wer nowhere close to achieving that using Hiveengine is good enough. It doesnt matter its not decentralized at this point. Lets shed our rigid sensibilities for the betterment of Hive. Those things can be worked on.

Eventually someone will come along that will simplify all the processes required to use crypto to the fullest for the most basic of users. Something that happens with all tech. WHY THE HELL DONT WE BE THAT SOMEONE?!

Instead we focus on adding in complexity and with further development wer further and further away from the basic user. I have not seen a single thing focusing on simplifying new user experience in my 3-4 years here. I mean Hiveblog STILL has the simplest sign in process. Hiveblog, thats the clone of 2016 Steemit.
All ive seen is quality of life improvements for long term users.
You dont achieve mass adoption like that. You really dont.

And no ones thinking about this. The responses i got were: "Well, if they cant understand stuff, its their problem."
What kind of stance is that to take?

We need to be the flexible ones. We CANNOT and SHOULD NOT expect new users that know very little or nothing about Hive, that maybe heard about BITCOIN once, that are in no way enthusiastic about it yet, that are overwhelmed by information, that could quit at a second notice once they hit a single unknown, to be flexible.

To close this off.

  1. @peakd. Please provide custodial services through what you called guest accounts but make it the DEFAULT. Everything else ADVANCED.
  2. @hiveengine please consider integration with frontends and helping evolve communities into tokenized communities with Guest account/2 click community token creation.

We can sell the shit out of this. Lets not continue lagging behind everyone in the market. Lets lead the change. UX improvements are the key to everything.
Options not obviously and openly seen and easily utilized by the most basic of users, might as well be options non-existent.

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I do not really count that discussion as super productive because while we align on many things there are some key things I would like to discuss and share...so I invite you to to a recorded live conversation where we can hash out many ideas. Let me know when you can meet up.

You and @asgarth are doing a really good job with PeakD. One could argue that having both peakd and ecency as high-quality frontends is a bit overkill at this point (not even counting condenser), but it might be worth it for the sake of decentralisation.

With this said, keep on doing what you're doing with PeakD. There's no all-in-one-solution or Eierlegende Wollmilchsau (as we'd say in Germany) in regards to ease-of-use, decentralisation, etc., and at this point, I can only speak from my experience, it's a great feeling knowing that I don't have to integrate every single aspect of Hive into my project because I can just refer to PeakD or Ecency, knowing that it's well built and easy to use.

Also, I don't know the legal consequences/requirements for storing private keys/passwords for your users' cryptocurrency wallets, but I wouldn't want that kind of pressure.

The approach we would like to take is to not create keys for custodial accounts just authorities we can use. I see them as the accounts for those who are Not creators or crypto holders... aka the commentors and people who just want to be social. The price of owning should be taking a moment to learn how to be responsible for true ownership.

Aka let them create an account have have simple password on peakd and use the site and then decide they truly value ownership enough to use the software and keep safe some keys.

Also, I don't know the legal consequences/requirements for storing private keys/passwords for your users' cryptocurrency wallets.

There should be no legal requirements since the user wouldnt even own a Hive account at first. There are a few ways to do it, some Peakd already attempted.

Yeah. Lets do that.

I just joined the blockchain. Exploring through some blog posts trying to learn what I can about Hive. Found this post in the Today's Most Viewed posts. Interesting read. I also went to your profile and found a couple more posts I have bookmarked for future reading. I think they will save my friend and I a great deal of time in some decision making.

Best of luck!

Your Heavyness


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Tokenized communities are the future no doubt and Hive is sitting with the best tech and philosophy to do so. It's been my biggest goal here and Ive been patiently waiting for the day we get it. Must be plug n play.

For me, Hive (this technology) has not left the beta stage yet. Until we're able to have a standard model of token creation interwoven with communities, the best is still yet to come.

For me, Hive (this technology) has not left the beta stage yet

Agree. What i feel sometimes is, the beta feeling is not very cool for onboarding. Only for tech/computer people. And this group are IMO the people we should focus on to expand the core of users.

Must be plug and play + Free sandbox for everyone to build in. That´s the future :)

For me, Hive (this technology) has not left the beta stage yet.

That is true. But im not sure how long we want to maintain that. Its not good for the health of the platform when people see it as being in beta for 5+ years.

Until we're able to have a standard model of token creation interwoven with communities, the best is still yet to come.

Until SMTs are a thing, and based on Blocktrades words it might be at least a couple years away, we should be using HiveEngine. I dont see it as something too difficult to integrate with front ends directly into communities right now.
I understand the centralized nature of HiveEngine is a problem to some but Hiveengine tokens like LEO have seen success so i dont see why we cant simply integrate them directly into communities removing the extra steps required to create community tokens.

I understand. I've set up a few tribes for people. It is far from turnkey. It's expensive, time-consuming, and manual. I just read about out post, which is tribes 2.0, which sounds promising. I voted for Hive Engines proposal as well. So I'm all for Hive-engine or anyone for that matter being the first to offer cheap, easy plug-and-play tokenized communities.

It actually has nothing to do with centralization, Hive Engine in its own right it's pretty decentralized, some pain points but they are addressing it with the smart contract SMT over scotbot etc. They will get there I'm sure. This is 100% about user experience.

With that said, SPK network will have tokens, and that technology can be applied to layer 1 on Hive if the community decides for it. They will be much better than SMTs, and resemble more of what BTS can do, there are "Smart Tokens" whereas PoB is just 1 programmable feature.

That sounds promising. A modular system would indeed be a step beyond what a basic tokenized community would require.

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Agree with you. But is this not we talk about for years?

it's not a secret as far I know :)

Make things more easy and user experience fun without learning?

I don't need to learn anything if I spend my money on amazon, sometimes I feel it goes automatic without me doing anything :D

That's what we need for hive. Use it, don't learn it. Retard friendly log-in.

Maybe a 12/24 word backup key could be the thing. As Owner key. So they can save it or write it down. And if they lose 100x times the password, they have the 12/24 word recover key. Additional send per email for example. Is not super safe, but for average should be okay.

I remember back in time, there was a discussion "smart contracts on steem or Smts". I think we know what happens :D.

This was around 2018 I think. Sadly looking back smart contracts would be super cool for defi on hive and mega cool to expand now on Smts :(

Easy and cheap tokens would change anything. Hive Engine could be a front-end provider for these tokens ( i think there would be much more demand if communities already have a token).

Something about marketing, Yes Tokenize community would skyrocket marketing and make onboarding average users much cheaper.

But, we could have something cool on HF 25 too, and doesn't have it at the same time. HBD stable coin without fees. But we have a 5% fee. So the token is not on demand and very hard for marketing. Because people will ask, why I should use it? Tether has no fee.

I see you have a high passion for hive like me :) It can be sometimes really frustrating i know :D

But is this not we talk about for years?

Not really. I have yet to see anyone talk about UX improvements for new users. All we have been seeing are quality of life improvements for long term users.
Those two things are very different from each other.
Keychain for example is an advanced option we all use but its too advanced for someone coming in with 0 knowledge here. That is an obstacle to them that can lead to losing interest right off the bat if pushed to the forefront. Which is something Peakd for example does do.

Retard friendly log-in.

Exactly.

Maybe a 12/24 word backup key could be the thing. As Owner key.

Id say that we remove all need for keys as a default. Just login through email and password. That way we compete in ease of use with legacy social media that people are familiar with.
Moving them into true Hive account use gradually.
That can be done through custodial services from frontends.

Us, the advanced users should be making "extra clicks" not the person that knows nothing about Hive.

Hive Engine could be a front-end provider for these tokens ( i think there would be much more demand if communities already have a token)

I just dont see any obstacle for doing that right now.

I have yet to see anyone talk about UX improvements for new users

That's something I have written a lot about :) More with words it must be easy and retard friendly. Passwords difficulty reduce and mobile dapps that makes everything easier.

And I'm sure others did too :D

Id say that we remove all need for keys as a default. Just login through email and password. That way we compete in ease of use with legacy social media that people are familiar with.
Moving them into true Hive account use gradually.
That can be done through custodial services from frontends.

Means for me "Softwallet". That's something I have written about a lot too :) Simple Number Wallet and Number password and a frontend can connect it to email. Would also reduce the cost of onboarding to close to nothing chain-wise.

Well, I just joined yesterday and I can tell you that I am about fed up with this shit already. All I keep hearing is go to this Discord group, go to that Telegram Group, this onboarding service might have done that, that onboarding service might have done this....

ARE YOU FUCKING SERIOUS??!!!

JUST TO USE A FUCKING BLOGGING PLATFORM??!!

Get the hell out of here. If this is what is required for users to do anything on this blockchain there is no way in hell anyone in their right damn mind would start a business on this blockchain with ambitions for long term growth.

By the way, this place (Hive) is like an Amway convention. Lots of RAH-RAH-RAH, but no substance.

Peace
Your Heavyness B

cool story bro. It is about universal log-in. The problem is people like you with 123456 passwords get hacked and cry.

The tech behind is superior and we can build web3 on it.

With real account ownership. Feel free to use your facebook or other blogging platforms.

If your account gets deleted, it's gone. On hive nobody can censor your actions.

But you are a perfect example to bring 2 things together.

Easy to use + all benefits hive offers. And this is the billion $ question, hive can fix it = huge success.

If not hive ends up trash. That's how easy it is.

Nah, I use complex passwords and 2FA where websites have it. And if they don't have 2FA I balk at using them...you fucking smartass.

The tech may be superior, but the INITIAL user experience sucks ass. I am just sharing my experience as a new user...on a comment about improving user experience.

Thought it might amplify the need for improvement in this area and on @lordbutterfly 's recommendation for making initial entry easier and holding off the added functionality for the backend once the user has time to learn the ropes.

Hey, but keep on keeping on. We are just a couple guys looking for a place to land some business ideas, we can do that anywhere. Preferably where users will have an easier time of it accessing our apps and websites.

No worries though, I'm done disrupting your cheer convention. I'm done, last comment, post, and activity on this blockchain. peace.

Your heavyness.

P.S. I'm just leaving the Hive in my wallet. It's not worth the time to transfer it back.

Problem is... Doesnt matter what we write :) , its what devs, dapps, top investors pick up and push forth.

I know :)

Edit: It is the same with DAO or onboarding. For the rest of us, it is really difficult to change something.

Btw, it could change if many of us 10k to 300k hive holders stuck together and discuss things. In a mass we are like a super whale :)

Some class association. hmmm.

No whales allowed! :D

they can be part, but if we proxy our votes together we can also counter some ideas from single persons.

Like an election program for some things we want :) I brought this up years ago, nobody cares :D

Your content has been voted as a part of Encouragement program. Keep up the good work!

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I found the ecency model interesting, the user registers on their website and they send the public keys through an api to a whale that has a lot of account credits and the whale leaves running a script created by them and the account is created.

I like that system but what im proposing is a standard with more depth and responsibility from frontends. It requires offering custodial service before new user is ready to be onboarded to true Hive account use.

Call it training wheels for new users.

I saw somewhere the other day hive signups with twitter.
I want to say it is a leodex.com product, but I can't swear to that absent finding the post.
I am sure that I saw that feature discussed, recently.

Yeah, some good ideas exist. But a standard does not. What im proposing is a standard with more depth and responsibility from frontends. It requires offering custodial service before new user is ready to be onboarded to true Hive account use.

Call it training wheels for new users.

Simplicity is best... the average Facebook user will get frustrated when trying to learn about HIVE/HIVE POWER /The multiple KEYS and their functions plus the most important aspect to them will be, How do we cash out to USD. Once they got that all figured out then its onto the 2nd layer tokens. Ooops I almost forgot about RC. The HIVE Network is a complex machine. On the other hand If someone can figure out an easy way to HIVE<->USD we're golden.

 3 years ago  Reveal Comment

The @peakd conversation tab is a good start. I feel that could be expanded more and provide most of the things discord does. That is a high development task but i do agree with you.

Yes I look forward to the day we bring in a tin of people who will refuse to use discord and use our own products.

 3 years ago (edited) Reveal Comment