My perspective is actually, no, it's not free money.
Nobody owns the reward pool. Not you, not me, not anyone. We can say where it goes, but that's about it.
Currently and for a long time, content creators outnumber content consumers. That lake I'm talking about. That's all the tokens that got dumped on the market, partially because of content creators showing up to collect and sell, with no audience for the most part. People bringing money in. Those are consumers. Paying consumers. Something lacking here, in my opinion. I'd like to see millions of those here, like you would see on other platforms. A paying audience, buying what got dumped on the market, to support things they enjoy.
And I think it's fancy the supportive content consumer types can support the things they enjoy without throwing their money away here. It's a good deal. Anywhere else and for hundreds of years, the consumer throws their money away. Here, the consumer can support their style of information or entertainment, and watch their money grow. That almost sounds too good to be true, but it's real, here, and happening as we speak, when we vote.
Instead of onboarding creators who only want to earn, I'd like to see consumers arriving as well, with a goal of paying. Balance. And that's how content creators these days normally make money anyway. Plus genuine paying consumers don't support junk, naturally.
I'm not talking about L2 projects at all. Not even a little bit. But I'm sure solid projects and all this development on Hive would enjoy being able to tap into a massive consumer base. Millions holding HP can do a lot for this place.
Skimmed over a headline just the other day talking about how Youtube is allowing people to use crypto to support creators now. I've been pointing hard at this opportunity for almost ten years.
Next time I won't use an analogy.
No worries! Analogies are great!
Yea I agree with you! I mean HIVE is a pretty interesting blockchain and there are already some pretty awesome use cases. We can totally onboard more people that want to build more complex products and need a stake for those products vs need reward pool funds to support their products.