I'm sorry.
Posting on Hive every single day, engaging with those posts you like, replying to every comment you get, and being active on discord is not growing the Hive user base. It doesn't matter how you want to frame this, if you are only using Hive, you are not helping Hive grow.
Yeah, it helps keep the Social Media side of our blockchain active, and we definitely need an active ecosystem if we want to retain users, so don't get me wrong, the activities above are helping Hive.
I'm sorry, but as a stagnant social media dapp ecosystem, we need more users.
Yes, we are a stagnant ecosystem, and we're probably a shrinking ecosystem if I deep dive into the activity metrics we've had in 2023.
The future is not looking bright, frens.
Our coin is getting blasted from every corner, and it doesn't seem like this trend will change unless we do something about it.
And those users will not come organically during the bull run despite what some dinosaur-thinking users might think. Long gone are the days where a price pump would bring in thousands of new users and lure back hundreds of existing yet inactive ones.
The space is changed
I feel it in web2
I smell it in the trends
Much that worked to Hive's favor is lost
For none that promoted now care to make us relevant
Kudos if you get the reference
Long are gone the days where we were the only tokenized social media platform that rewarded users for UGC.
We are no longer the only Blockchain in Town that has decentralized social media as one of their main narrative.
We even lost the #socialfi trend and the dapps that were first to promote to market - who cares about first to market if you don't promote that? - and are now dead, singlehandedly managed to kill the DeSo and SocialFi perception, to a point where I can now reach out to many influencers and the replies I get are:
Look man, I like you, but socialFi is dead, I wouldn't touch that narrative with a 10ft pole
If at all.
Our mistake was thinking that being the best in the space at decentralized social media would be enough.
Turns out it isn't, and it will never be.
We need to put out the Hive Hive dapps word out there, and we need to become a voice in these web2 spaces where people are constantly looking for options.
How can we expect Hive to grow if we are not doing anything to actually grow the user base?
