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RE: Case For A Hundred Dollar Hive

in LeoFinance2 years ago

It could definitely happen but not without a lot more development.

Communities are a big part of it but we have not developed them to a high enough level yet. Until we have community building tools that will allow the regular user to create, run, moderate, set ads, onboard easily we have a long way to go. I do hope to see it someday but it's in the distance.

The same with the games and apps.

At the moment every new app or community is drawing from the same pool of hive users rather than bringing in new people. Splinterlands and Leo are the only two exceptions to this so far.

Every new app should strive to be as simple as possible for new users to sign up and then we will start to see some of the network effect take place between our ecosystem and add more value to the price.

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We already have community building tools on Hive. That was my point. We just needed dedicated community builders. Splinterlands and LeoFinance are more than communities, they have gone beyond building communities. They have created their own economies and apps. They have reached the point that they will thrive without relying on any of the Hive rewards.

Community building doesn't necessarily mean building apps and tools. Everything needed for building communities is available now. However, some people confuse the concept of bringing like-minded people together and engage on things they are interested in with building communities to earn rewards. Rewards are just a tool to help in these efforts. They should never be the goal.