Well said, those numbers look ugly. I can understand now where you are coming from. What if it were x10-20 the users though? Would you still feel that way?

Also did you calculate that using the current price of hive? Or accounting for the fluctuation of price?

What if we decide that hive is overvalued based on speculation? I’m not saying it doesn’t have valuable development, but I feel $1.50 (or even $0.80) is a little unwarranted considering a 15k user base (though it feels more warranted when I see how well splinterlands is doing).

Once again, I gotta insist that the user base has been severely hindered in its ability to create a network and attract projects due to all that’s happened. I wouldn’t look at it as the result of 5 years but the results of one year since we got a fresh start. I’d also consider how splinterlands, 3speak and Leo are mostly homegrown. Their teams are made of content creators and people who started as content creators.

I wonder if Splinterlands would have ever happened without the social monetization.

The social is where we can find our niches and form communities that can eventually transform into projects that draw more investment. It’s taking a long time to grow into that but it will start to show soon!

I hope in another year you will see the content creators as an important asset that generates more value than they extract. I’ll do my best to encourage behavior that can drive home that point.