The social layer of crypto has been underestimated. Many out there in the crypto space barely recognizes the potentials that lie here and what it brings into the uture. Thanks that we've discovered Hive early enough.
This space cannot be ignored for long.
The real $GOLD is here.
It's been ignored for the past 4 years and the token has dropped out of the top 400... I am not as optimistic about Hive's future these days. It's become an echo chamber with hardly any engagement.
What do you think could be the cause of the declining interest despite the value its generating?
Could it be the pricing?
It's not generating that much value when the price of the token continuously drops down the marketcap list. We can't even hold above .35. That has a big thing to do with it. But the other fact that I have heard from many is the lack of engagement. I have talked with crypto influencers that have posted on Hive in the past and say it's a waste of time because there is really no community. It's an echo chamber of a few thousand people, many with multiple accounts. Many of the "active" accounts are really just auto voting accounts.
Also the lack of support for developers trying to build actual use cases like myself and others that are no longer around, or not nearly as active. I have talked to other people that have tried and get the same answer every time. The lack of support speaks volumes about people's intentions. Nobody really wants to help, they only want to fill their own bags and sell off. That and the fact that the DHF is a circle jerk for the whales and no small proposals have a chance of getting funded. It's nothing but a pipe dream for the community, while many of the OG whales get funded for basically doing nothing.
These are all reasons why I am powering down and moving what little value is left into my 3D printing farm and my trading account on BSC.
Great points there.
You've been here for the long while and could understand here so far. Some great stuffs may be ignored for long, but eventually could have a breakthrough. AN example is INLEO. Been around there since the days of SteemLEO. Despite not DAO support, we see where INLEO has reached now. Many prospect are and would be unveiled. The recently passed proposal is a product of grit and resilience.
You've got great ideas and projects here which I've followed, it could take just a little more patience for the breakthroughs to happen.
However, your side hustle that brings in cash regularly should not be abandoned.
Think of collaborations.
Also the lack of support for developers trying to build actual use cases like myself and others that are no longer around, or not nearly as active. I have talked to other people that have tried and get the same answer every time.
Tried out applying out a DAO fund?
Always having my support.
I submitted a proposal in the early Hivelist days and it failed, but there were people getting funds that literally were not providing any value to the chain whatsoever. Then over time, I have seen many good proposals not get funded because the person wasn't either popular enough with the main whales or something, I don't know. Like I have seen many marketing props get turned down simply because the whales in charge don't want to see a huge wave of people because it takes away from their inflation rewards. Hive is not as decentralized as people want to make it out to be.