When the bear market is going on for so long it can often feel like we are stagnating. Users drop off due to the token price, the mood goes down across the industry and people lose faith.
Hive has survived the bear far better than most chains and as far as i can tell all of the projects are still holding strong. User numbers have dropped off, but thats only natural and the core community is still here and building.
Some have even been actively recruiting and growing in the bear market.
It's making me hopeful of a big rebound if all of the stars can align at the same time and at the right time.
While it might seem quiet around here these days it's actually been a very busy year with a lot of progress made.
Hivefest is coming up and with it we should get a solid overview of where we are right now and what we will see launched over the next twelve months.
HiveFest makes a splash in the beautiful coastal city of Rosarito, Mexico from 22 till 26 September 2023. Get ready for sunny days and beach vibes as we gather for the 8th edition! Catch up with old friends and make some new ones, as we come together in this stunning setting.
Immerse yourself in the vibrant Hive Blockchain's ecosystem - explore the latest apps, games, literature, art and more. Listen, learn, connect, and have an unforgettable time at HiveFest⁸, the Ola Surfista edition!
It also gives people a chance to meet up, make connections and renew their excitement about the blockchain and it's eco-system.
Blocktrades have been very quiet this year but have been working hard to improve the chain. As speakers at hivefest Im expecting them to give us some good updates.
Marketing: After years of complaining that we are operating under the radar this year has seen hive start to market itself. Have you seen the Hive rally car? Have you seen hive at the vegas expo, Breathe expo. Hive is out there and making noise.
The Hive movie: Something that most projects don't have. An exclusive documentary. This could be one of the most important piece of marketing that we ever do. If the movie is interesting it could reach millions of eyeballs and convert some of this to users.
HBD: Is slowely gaining some adoption in poorer countries. On the ground efforts have seen multiple businessess adopt the currency for goods and this is increasing every month. It's places like this can can bring in thousands of users every month down the line.
LEO: The everything app is taking shape and the team are going to push for signups this year. Once the kinks are worked out and all the features released we could be sitting on a winner for mass adoption.
Splinterlands: Land is coming. Finally the team is releasing lad version one and this should get things moving again. Too much effort has gone into designing this and hopefully it will free up resources to fix the main issues within the game and their other gaming platform.
The community: times have been tough during the bear but we are still here. Other chains have dropped huge numbers of users but most of us are staying busy every week. We all know that people return when the prices rise but since we have kept most of our existing userbase during the bear this should mean a large increase in users for the next bull.
All of these different factors are coming together at the same time. Then there are all of the other projects and ideas being built in the background that could have a large effect.
Who knows what the next year holds but i do think that we are in a far better place than last year. Tools are being built and apps are becoming more user friendly.
Hive is a top blockchain but we just need more people to realise that.
