You are viewing a single comment's thread from:

RE: Current Events August 2024

in LeoFinance5 months ago (edited)

Yeah for sure, I hear you on that dude. I think it's a good strategy that one of the other dudes is using, I forget his name, but if an account has 60 rep but <1,000 HP he doesn't give them any votes, over 70 rep and less than 5,000 HP same.

We have to foster an environment where yes people can get rewards, but at the same time you can't use this as your personal bank account and dump every cent you earn.

I'm going to try and start to adopt the mindset of taking a closer look at them before giving them any support!

Sort:  

That's an interesting strategy, but I'm not one for such rigid guidelines.

In an ideal situation (in my mind), I see an act show up, and bring support with them. Even gradually, over time, nonstop, as they grow in popularity organically like you'd see elsewhere on the internet.

So in the case of content creators for example, they'd have a high rep due to receiving plenty of organic support, their wallet wouldn't be jammed full of tokens because they're here to make money like anywhere else on the internet (but keeping some is good for business since you can reward your consumers), and the value behind that content creator could be found in the hands of their many supporters. Supporters that didn't come to post but instead came for the show. Their reps would be lower, and increase gradually from leaving comments and whatnot, but they're bringing the money in the door.

Why put your money into something like Patreon in order to support someone, when you can place that same money into your own wallet here, then watch it grow, plus achieve your goal of supporting whatever you want to support.

Get 1000 content creators doing that, the the consistent buy pressure allows them to earn, without creating so much sell pressure. Typically those consumer types outnumber the creators types by a huge margin.

So a small mass of people constantly gathering support on the outside from the large mass of people. And sure, one consumer shows up to enjoy so-and-so, but that attention then spills over onto the various other instances of content they find interesting, or products on chain like games. That crowd always wants to spend money but here they can watch it grow. This approach offers sustainability, while contributing to the success of many, indirectly, as well.

Pardon my long-ass comment. I really should just write this once and copy/paste it everywhere when I want to talk about it.

No pardon needed, that's a really solid idea man! I think a challenge we have is not having Hive listed on many exchanges that are accessible to people in America, Canada and potentially Europe, although I'm not too sure on the Europe side.

If we can increase the amount of avenues people can get ahold of the asset, then we could definitely make something like this a reality. I agree, that it would make total sense to add 25$ a month to Hive by 500 people that are subscribed to a big-name account that brings in the traffic and eyeballs.

Where I think we go sideways a bit.. is the army of post-police getting in there and decimating the rewards someone makes. Take pressfortruth or thelastamericanvagabond for example. Both of them are pretty sizable in terms of the alternative media landscape, with tens of thousands or more people who follow them very closely. What's their experience here? They get all of their posts zeroed out. It's a damn shame that shit happens!

I know we need to keep an eye on the content that is posted here, to make sure that we can control the leeches but things like this happening consistently to some groups really makes it difficult to convince somebody to invest the time and effort to grow an audience in those important areas.

Edit - I hate to always point out issues without trying to come up with a solution. I don't have any great ideas for this creator issue mentioned above yet, but I've thought about it a lot lately!

I agree with your take. There are challenges for the consumer. Had this approach been happening years ago, the demand would have led to solutions already.

As for those "big name" examples you provided. This is typical since day one. Big audience on the outside. No audience here. At times their "content" was just links leading to content elsewhere, meaning we're paying them to drive the eyes of the consumer base elsewhere. That's the exact opposite of doing business.

Had they explained this to their audience, that audience would be here, in support, while earning. And anyone downvoting someone attracting a massive amount of attention and money, is a moron. They didn't attract money or attention, and still don't. That came before the downvotes. Yet, they're free to do that. I'm sure a decentralized revenue stream would come in handy. Could easily have it if they made the decision to do so.

Like I said. I'm not a fan of rigid guidelines. I'm more about people just taking action and doing things themselves, rather than following this ridiculous way of life that's been occurring here since day one.

This place will be spinning its tires doing this same approach that doesn't work for another eight years, while "the community" enforces it, then acting all confused, wondering why this entire thing can't get off the ground.

LOL buy now I'm just going off into rant land. I better cool it.

Yeah I hear you on that. Derrick Broze was a guy really pushing and advocating for solutions like Hive but he got similar treatment and said fuck it lol. He specifically called out Hive and it's decentralized nature in one of his big events which was really cool to hear.

I think that means we likely need to figure out a Trump style deal with some content creators - we pay them through the DHF and they bring in a bunch of users that will be buying a little bit of our assets to support their creator. I think it may work best to go the gaming route, and try to find a Korean gamer or something like that since the Koreans have a very strong taste and market for Hive compared to others.

That presents the problem though for many people - I can't read a fucking thing in Korean and their symbols just confuse me. Granted we have AI translation services which are a huge help, but we need other creators from the English variety..

I think one of the best things we've got going may be the use-case for HBD via Sucre in Venezuela and other countries like that. If we start to get businesses themselves to use the assets, and people need to get on here to buy or earn the assets they want to spend, that's a really awesome step in the right direction as well!

If you feel inclined, drop some rants in my rant community :D

You're going off into the land of expenses rather than making money. Paying for promises.

What I was talking about was pretty straightforward and the people interested already spend that money anyway, so this is a better deal to them. They just need to know about it.

And yeah Derrick is another one that doesn't bring attention or money to his own work here. These tools are sitting on the table to be used in this fashion for him as well and he doesn't need permission. All these content creators generating outside interest and attracting money the way I mentioned would be doing it for themselves and supporters, not "The Hive Community."

Every content creator has a door they could open. But instead it stays shut. And the focus is placed on attracting amateurs that need to be reminded plagiarism is bad. WTF?

I agree there are other avenues to explore and you mentioned that. All these options added on can only help.

As for posting rants. If I was to start doing the content creator thing again, which I doubt I will, but if I did, it would be based on my own brand, not Hive stuff. I don't need to get paid to complain.