3/ Building allow us to house residents. But that is not the only thing that goes in them. We also need businesses that provide the population with goods and services. After all, without some of the basics,

2/ Then we have buildings. A town without buildings is really nothing more than a tent city. While that has some use, it isnt the desire of most. For this reason, we need this form of builder.

1/ With a town, we need infrastructure. That goes without saying or you are left with just a town absent water. Here is where the base layer enters.

#threadstorm Hive is a network-state similar to a town So what do we need for this town to evolve and grow? This is what we cover.

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5/ This simple point is why we likely have seen so many projects failing.

4/ This is why many projects fail. If you have a value capture token, why do you try to add "utility" by setting it up to be used as payments. If the token has greater future value, like proponents

3/ Here is where the categorization of crypto is vital. Most of what we see is very poor at a medium of exchange. Hence it is more in line with a crypto-asset than a currency. This is where project teams

2/ Price stability is another vital factor. This gets overlooked by most in crypto because they are accustomed to dealing with a relatively stable currency. However, go into the developed world and it

1/ When dealing with currency, one of the major characteristic is as a medium of exchange. This means more than just swapping from one wallet to the next. From a technological angle, it is possible for

#threadstorm Crypto-Assets and Cryptocurrency are not the same This is a mistake most make. We use the term currency, hence people believe it is.

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5/ This is fine since we have the ability to do this. If you want the network effect, pay for it.

4/ We have to look at the process of implementing, nfts, nontradeable tokens, and crypto to shift the people over. Basically it is going to be a pay me approach.

3/ He is stuck in the traditional world where he takes money out of his pocket to build his brand. This works but is so Web 2.0. We can do better.

2/ Pat McAfee is now paying people to contribute to his show. He is reportedly giving both Aaron Rodgers and Nick Saban over $1 million each to appear annually. This guy understands incentives.

#threadstorm 1/🧵 The way to success going forward is to incentive every aspect of a project. We often discuss #web3 yet appear to approach it with a #web2 mindset.

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5/ Through this, we can keep the project expanding. All voting will be registered on the blockchain along with the reviews. This is something that cannot be altered by anyone.

4/ This is what we are going to do with LeoGlossary. The next phase, which already began, is to get pages built relating to films. The key to this is adding decentralized polling to long form content.