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RE: Network Effects And The Flywheel

in LeoFinancelast year

The main utilization would be the monetization of their live streams. Unfortunately, looking at Vimm, there seems to be no way to convert Gems into Hive or HBD or direct payment onto the card you use to purchase the Gem. Streaming is the main income for a few or a good supplemental income to finance their activism.

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Income is one aspect. People also need to start thinking equity. That is the mindset of a business owner.

Agreed, even though I have put in about $2,500 in cash to buy Hive at an average of around $0.60 per Hive my current equity is about the same at the current price of $0.31. My guess on the next bull run Hive will top out somewhere between $7 to $15. Too me that is a good bit of equity. Next bull run is a way off IMHO but my guess is mid 2025 to 2026. No crystal ball here, just a hunch. I am just happy to be back on here adding to the community.

Could be. I agree no way to know when the bull will hit.

In the meantime we can add to the equity by building. Things like Music on Leo will add value to a platform like Leo. That should help the stake people have.