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RE: Platforms, Network Effects, And What Hive Is Missing

in LeoFinance • 10 months ago

Platform effect is so important and it is hard to reap any substantial benefits until you reach it. #Netflix $NFLX just did 12 months ago and is now printing money. Literally went from -132mn FCF to 6bn+ in 2 years!

#Spotify $SPOT just did last quarter and will finally turn on the profit machine (this is a free tip!). Hive has a long way to go to be able to bring enough user so we could get some sizeable benefits in the token price or Ads revenues.

Until we do, we have to keep grinding!

10 months ago in LeoFinance by
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         10 months ago 

        That is true although I would say there is a difference between Web 2.0 platforms and Web 3.0. The idea of profitability carries a different connotation when the users/customers are owners.

        This will take things, in my opinion, in a different direction regarding network effects. It is a new realm that has yet to be explored.

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