POSH changes and thoughts

in #posh7 months ago (edited)

As some of you may have noticed, we've decided to discontinue the proof of sharing tweets in the daily poshtoken posts due to it being quite similar to what POSH did in the past when automation using Twitter's API's was still working. It showed that it's difficult for people to manually enter their tweets in the daily posts, many may forget or not bother and it ended up being somewhat the same users over and over. One of the goals of that initiative was to encourage more rewarding of mentions of Hive and discussions rather than just sharing your or others posts in a tweet with some times questionable outreach to non-hive users. As a matter of fact, between the announcement of it and the discontinuation, I was the only one in 2 months to have shared a tweet/reply to a tweet where I discuss Hive or a dapp of Hive without a link present, which kind of shows that the initiative failed.

We may in the near future bring it back where we only reward mentions rather than sharing links with emphasis on sharing links in replies to relevant questions/topics. Examples of this would be someone asking something like "How was Hive created?" and someone replying with some text and a link to a post on Hive that properly explains the events that unfolded. Those are the real valuable tweets we want to reward and we'll be going out of our way to reward those really well. There's also been some discussions and plans with @anomadsoul to combine POSH with some Zealy initiatives as they've seen some good results using that tool. We're looking forward to see what we can come up with to further push our ecosystem in front of as many unknowing users as possible.


Other changes regarding POSH.

Some of you may have noticed that poshtoken, through @poshtoken.wallet hasn't been buying up as much POSH lately. This has been a decision partly due to the peak of usage went down a lot after Twitter's API decisions and cause the working Reddit initiative isn't as active as we would've wanted to see. This leaves a majority of delegators earning POSH solely and we're not interested in just buying up POSH so that delegators can trade between POSH and Hive back and forth, rather just undelegate in that case. If you however are interested in continuing to earn POSH tokens through delegations for long term hold, feel free to continue to delegate. Keep in mind that POSH has a limit of 1m tokens that can be created, and we're somewhat passed the 50% mark currently.

Another reason for this is that posh has started for quite a while now to invest in other endeavors, as usual things that it believes will benefit the Hive ecosystem as a whole but at the same time also itself and its holders. POSH will continue to do this as an incubation/kickstarter program of projects in varying sizes, currently busy kickstarting one large project and already has plans in another one shortly after. We're hoping that this and the dividends/shares it receives back from the kickstarting will make holders interested enough to continue to hold posh and at the same time check out the projects it is placing some value in.

We haven't been as communicative about this as we could have, part of this was to keep the project a secret until announcement for the surprise factor, another is that we're just very short-staffed but planning on growing over time as an incubator project with DAO-ish features. As soon as this first project POSH has incubated is announced we will be posting details on funding and value allocation to keep things transparent like we have in the past.

POSH currently holds over 240k POSH it has purchased back from the markets, it has a large amount of stake "in itself" which will count towards future claimdrops from projects it has kickstarted, but among this everyone else holding POSH will be able to take part in the claimdrops/dividends as well. We're excited over what is coming and hope everyone will like our continued attempts to bring value to Hive itself and everyone who participated in earning the token which aimed at bringing as much value to Hive as possible all along while doing it fairly which is quite unique in this day and age. At the same time this will open the doors for some nice marketing to the upcoming projects from over 3500 registered POSH users and over 1500 unique holders of POSH.


All that being said about the changes in POSH's focus lately, proof of sharing will not be forgotten and left to die. Reddit still works and will continue working, web2 changes permitting, and we'll continue to look at other platforms to dip our toes in, such as work done by @hivetrending on mastodon/fediverse.

Thanks for reading and being part of it!


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Thanks for the update as I was already wondering what happened to Posh. Am sharing quite a lot of posts via my X/Twitter account and people are seeing them. It’s not as many as I wished since my posts on Hive are mainly English but my followers on X are mainly German. Still it’s a great way to link web3 to web2 and make people aware of Hive.
Looking forward to hear news of this project. Good luck with your plans! 👍🏻

You could always post in both languages in the same post! @peakd nowadays even has AI translation tools!

I have tried Zealy through leofinance initiatives and think it is a great tool to support community initiatives and could be very useful for the Posh project.
As for POSH tokens, I have never sold one and continue to accumulate them and look forward to future developments!

Im still surprised that you guys managed to handle the twitter thing as long as you could.

The OCD staff are much better than the standard AAA gaming companies handle their code.

Keep going! And remember to say hi to OCD Waifu for meeeee.

sad to hear but good to see that you're still building and moving on O.O. Great to know that theres plans with eric on utilizing it with zealy. I hope more people can come here. It'd be nice to see tons of posts and tons of comments on every post from millions of users. I don't see why we don't integrate more things. why can't we have a gallery for photos and have an Instagram page for our profile on the blockchain is this not possible? O.O we have 3speak and 3speak shorts for youtube/youtube shorts so why not. we also have threads/waves for kinda of like short facebook status/tweets. Just copy whats working in web2 and improve upon it and hive will rule the world O.O

This is an interesting development. I tried the Posh sharing back when the Twitter automation was still up. I thought it was pretty cool integrating Web2 and Web3 interactions. I stopped doing it when that was removed and someone recommending/referring/sharing your post was necessary. I didn't get to follow what happened afterwards, but it is nice to see that POSH is still alive and is willing to change. I look forward to what you have in store.

Best of luck for the new deployments. Considering all the pain caused to you from social medias, you are really deserving a plause!

Have you had a look at Twitter clone, starsarena.com yet? It's currently an absolute shitfest but well worth dropping a few Hive signup links there as many of the seemingly 'mature' users appear to believe its the first ever block chain based social media.

Hope you're having a good weekend :-)

This zealy campaign is another great initiative to tell the world about Hive.

You are doing an amazing job, I noticed the discontinuation of the proof of tweet too and it's good to know why and what the way out is.

Thanks for the update!
Keep up with the great work and let's all help support you by making Hive a great Community to be in! 😊

Sad to hear that I am not able to join this good initiative on Hive, hopefully it can comeback in the near future

You can still partake in @redditposh if you like, but each community/subreddit has its own rules and many of the big ones are against links of "unknown" sources or in general against taking people outside reddit so it's a lot harder than twitter.

Good to know, thanks for you hard work for Hive

@acidyo
Strangely I can't use or link my post to reddit, I've tried countless ways and nothing

Are you registered on hiveposh.com with reddit?

Yes

redditposh just doesn't comment with your share or what happens? Do your reddit posts remain unmuted by the mods?

I just don't get anything about it, no bot comment or indication that my post has been shared there, I've tried several reddits and nothing.

Exemple my new account linked on POSH;

Have you tried more recently than that? There was a bug a couple weeks ago so wondering if it was around that time.

I'll check it out today.

The fact that you are sharing this is great. Letting more people know about Hive and onboarding active users is one way to make Hive bigger and thibfd better.

Going with zealy is great too. I am up for this month campaign.

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from my opinion, why using twitter sir?
maybe in developed country twitter is mostly used, but in third country like me, it is still using Instagram and sharing there.
it just artist that using twitter in my country.
if targeting to get new member i think it will be good if sharing in instagram in my country

Is there a way ocd can come up with something concept similar to zearly campaign. This will help to bring in more users

Wen moon ?

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if u wont stop scammers that made weath with bots selling votes like themarkymark this is useless

people made positon here with content yet top person made it selling votes which is pure abuse of the network and nobody does anything about that