What do Twitter, Facebook, Youtube, Reddit, Instagram, TikTok, etc all have in common? They're all centralized services with centralized databases that have total and complete control and ownership of the content you share on them.
They decide if it's shown or not, who it's shown to, whether or not it can be monetized, if it will be promoted or not. They can at any point in time remove your content, your account, your followers, the whole shebang, just like that!
Poof, there goes your thousands, tens of thousands, maybe even millions of followers that you accumulated over years and years of work and effort. There goes all the content you poured your blood sweat and tears into. There goes your community of potentially millions that, I dunno, maybe became inconvenient to some billionaire hedge funds.
What if there was a central, open, decentralized database that anyone could plug into. What if there were Reddit-like, Twitter-like, Instagram-like, Youtube-like, applications that all pulled from the same database, but were skinned to fit whatever type of content they happened to be made for.
What if none of these applications controlled the data at the core of the database, only what they showed on their particular frontend. What if every user OWNED their account, OWNED their list of followers, OWNED their community, owned their content and was instantly able to leverage any new application that drew data from the core.
This is what HIVE is and much, much, more.
Let's take it a step further. In all those centralized applications listed above, there's some form or another of liking, disliking, upvoting, downvoting, whatever. Depending on the app those things give you something you value, more visibility, a higher spot on trending, a bump up in the feed, whatever. Now imagine that along with those things, those likes also earned you crypto. Whether it's a post, or a comment, if people like what you say or what you're doing, they can not only bump you up in the feed, but also distribute HIVE to you that has real world value.
This is Hive.
Let's take it even further. Imagine you have a community. Since everyone on the planet has heard of them at this point lets use WallStreetBets as an example. Millions of community members, tons of content, and resources.
Imagine not even needing Reddit to host your community. Being able to build your own frontend specifically tailored to your community showcasing whatever you want to showcase, promoting whatever you want to promote, monetizing it however you want to monetize it. Imagine having YOUR OWN token that worked in a similar way as what I described above JUST for your community.
This is Hive, this already exists. Check out LeoFinance here to see it being leveraged in all its glory.
Everything I've described so far is what already exists. I haven't even gotten into what's coming in the near term future. Decentralized video and image storage solutions, micro blogging, layer two smart contracts, richer interfaces to name a few.
Hive is still in its infancy, but the community here "gets it" and that's why we're all a bit loco for Hive. Imagine REALLY understanding Bitcoin and it's potential back is say 2010, that's where we're at. There's still A LOT that needs to be built, we still have a LONG way to go in terms of adoption, but make no mistake...
Share this far and wide Hivers, let's get the word out!
