I see that $HIVE hit an all time low this week and has not improved much since then. The 'legacy coin' is still running in parallel at an even lower price. People will blame the Hive issues on various things, but it is obviously not unique. I have said it many times, but each of us can try to help my promoting the platform. More active users could help, but quality is vital too. We need compelling reasons for people to be looking at content on Hive and to consider investing in it.
Tomorrow starts a new month and is an opportunity to earn a @hivebuzz badge with HPUD. It has never been cheaper to buy $HIVE so you could give your account a boost.
@louis88 posted about an event in Dortmund that offers another opportunity for Hivers to meet up. There will be other crypto projects there so maybe we can persuade some to blog on a crypto platform.
This is another case of us all getting things wrong. I was inspired by this post from @ecency. All these projects that we use and enjoy on Hive will have associated costs. Hosting a site that may need a lot of storage is one of those, but if we expect people to put in lots of hours then that has costs too. We are fortunate that so many people are willing to give their time for free, but some do it as a job.
Some projects ask for funds from the DHF via proposals, but that can be controversial. A few big accounts have big influence there, but each of us can make a difference. You can even vote up the Return Proposal to raise the threshold. Only four projects are currently being funded.
Our stake gives us power in various ways and we should use it for more than just personal gain if we want Hive to prosper. You can vote up witnesses who you think do a good job. They have their own bills to pay. On your posts you can set beneficiaries to share the rewards. Of course rewards are currently pretty low, but it can add up and if the price goes up then the value increases.
Nobody is automatically entitled to rewards on Hive. It is at the discretion of the community and many of them will check on how you behave before they vote. There is the KE factor that shows how much of your rewards stayed on Hive. They may also check on how you vote and generally engage.
I get good support here, but that is down to being very engaged. I have attended and organised meetups. I have also run some little projects of my own that take no external funding apart from some delegations and I do not expect to profit personally from them. I will be writing more about my general experiences in an upcoming post to mark ten years on Hive.
I think in general that you get out of Hive what you put in. We are a small community and those who try to spoil things will be noticed. You can also get noticed if you build something that helps us. That can be a community that brings in new people. Meetups can be just a few people and have minimal cost, but they have great value so if there is nothing happening locally to you then try organising one yourself. It really is not hard.
Hive has endured for a decade and that is largely down to people being willing to contribute something. There may be tougher times ahead so will you step up?
I will do another #BritList this weekend. I have done that every month for years. It may have value for others, but I enjoyed the technical challenge of automating it. I have yet to get into 'AI' coding though as I am 'old school' on that front.
I have also done these #FollowFriday posts pretty much since I joined the blockchain and I enjoy finding things to write about. I will miss plenty so am always happy to see others sharing news and suggestions of cool folk to follow.
Happy Friday and Hive five!
| The man behind: |
#BritList: A monthly list of Hivers in the UK |