Are You Ready For Massive Growth On Hive?

The calm before the storm.

Anyone who lives in an area with hurricanes know what this means. Usually, the day before a hurricane is set to hit is gorgeous. The weather is clear, sunny, and with a light breeze. Unfortunately, this does not last as the chaos is bound to ensue.

With Hive, I feel we are at the point, as users, where we are seeing the same situation. It is clear. Things are pretty steady. Nothing massive is taking place.

That is all about to change.

Since Hive was released 11 months ago, one area that was not calm is in the area of development. This applies to both the core blockchain and Layer 2 solutions. Both levels are experiencing significant changes that are going to start to attract a great deal of attention.

To start, the blockchain is running better than it ever did under Steemit Inc. The optimization that took place under @blocktrades guidance increased the capacity greatly while reducing the cost to run the chain. At the same time, in listening to the developer calls, we will be seeing other plug ins that are going to make life a lot easier for developers.

With the foundation improving, this is giving confidence to those who are building on the second layer.

Over the past few months, we have a number of announcement/road maps that are outlining where things are going. Best of all, the teams behind this are actually bringing applications and updates to market. This is not just discussion.

@3speak already released its client that is a central piece to their decentralized video storage platform. At the same time, Hive-Engine added a number of updates that decentralized their platform to a much greater degree while adding DeFi capabilities. We also see @leofinance close to rolling out a couple of applications, along with an airdrop, that will really enhance the social media and financial aspect of that platform.

According to Crypto.com, we are looking at an industry that now has more than 100 million users. This is a substantial basis from which to build upon.

Source

So why is all of this leading up to massive growth for Hive?

It all starts with the mainstream social media sites that are continuing their actions. Yesterday, Coindesk had their YouTube channel wiped out.

coindesk.png

Have no fear, all is well. Google reinstated the account later, allowing the crypto community to breathe a big sigh of relief.

Of course, throughout the day, the conversation was centered around how this shows the need for decentralized social media. As always, the big crypto "influencers" run back to the same well as soon as they can. Instead of using decentralized platforms, they simply talk about it.

This is not going to be the case much longer. What is being offered in the decentralized world is improving. A couple years ago, there was not much. However, with all the develop taking place, we are seeing applications that are nearing what people can find in the centralized realm. While the feature set and ease of us might not be there, it is getting better. Over the past couple years, the user experience has improved greatly.

On Hive, we are within a couple months of seeing blogging, "twitter on the blockchain", and decentralized video content uploading. Couple this with the fact that we offer true account ownership as well as the ability to not have the content taken down.

As an added bonus, for those who are truly interested in a building a social media following, we offer the capability to only have to do it once. Unlike the centralized silos, a follower on Hive see all activity. Thus, one is a follower for blogs, "tweeting", and video. A content creator does not have to build a following for each area.

Which brings up the biggest issue in all of this: the financialization of social media.

Account ownership is important. However, it becomes vital when money is involved. The trend is for social media and finance to merge. This means one's account will have a great deal more value in the future. For Coindesk to lose its YouTube account, that is a pain in the hind end. However, it is a much different story if there was a million dollars in a wallet tied to that account that is suddenly locked up. This is the power the centralized entities are looking at acquiring (especially Facebook).

On Hive, we are reaching the point where we have enough of a foundation which to offer a great many opportunities to users. This was something that, painstakingly, was built over the last couple years. Fortunately, we saw it accelerate over the last year after the hard fork.

This mean the tentacles of this chain are growing. When it comes to outreach, this will only work to our advantage.

Many post about the need for marketing. What is crucial to understand about blockchain is that each token holder is a pseudo-owner. Thus, we have the ability to market this platform since we all have a piece of it. The reason why this is incentivized is because the Network Effect will propel the value of everyone's holdings higher.

This is simply not the case on Facebook, Twitter, or YouTube.

At this point, it is a concept that is overlooked by the masses, even those in cryptocurrency. The "influencers" who are effectively supporting YouTube and the other centralized entities are missing out completely on the Network Effect that is building. We are in the attention generation era with value residing where people are pulled to.

It is short-sighted to believe the future is with centralized social media. A couple years from now, the gap between the two will be nearly closed. Thus, it will come down to what is being offered. The business model of these companies prevent them from making major financial changes to their system. Wall Street simply will not allow it.

However, on our platforms, we see something completely different. With Hive based applications, the financial aspect is built in. We have a core reward system as well as other ones built on top. This provides incentive to people to take stake in what they are doing. Those with the long-term vision see this clearly.

Price may or may not be reflective of what is going on. What we can take away is the trend of things. While the price has been rather disappointing, the development has not been. This is the foundation. Ultimately, the question is what will kick off the Network Effect because that is where the true value comes from in this arena.

Naturally, development must precede the growth of users.

This is what is putting Hive in a prime position to benefit. With the advancement of the ecosystem as a whole, we are getting to the point whereby massive growth in users is bound to take place. We are covering a lot of the bases: social media, gaming, investing, financial, and community.

A couple of simple breakthroughs will cause massive growth on Hive.

Are you ready for it?


If you found this article informative, please give an upvote and rehive.

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pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 46 of my contest just started...you can now check the winners of the previous week!
!BEER
3

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Well you've said it all, price may, or many not reflection in the development thats going on, but its reflectant in the fact that hive, a decentralised blockchain has multi use case that the world basically needs, irrespective of the fact that we haven't really found the right marketing formulae, its all new and things will eventually happen with time

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HIVE!D

Great update!
I believe @blocktrades has been very productive for this chain and an important service for its users.

A yr without STINC has proven that the community has been much better off without them. Hive regards to the moon bruv.

20210226_153254.jpg

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There is nothing like #hive in the internet world soon all will notice that indeed 😊🙏

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Congratulations @taskmaster4450! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You received more than 800000 upvotes.
Your next target is to reach 810000 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

Hive Power Up Day - March 1st 2021 - Hive Power Delegation
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(Edited)

It shouldn't take long for Hive and Leo to get busy. If we are all honest with ourselves what was offered 2 or 3 years ago was not really something that would attract people. The experience on here now is changing every few weeks and not annually. The development is adding things constantly and this is far from boring. We need the first 500 000 to join which will open the flood gates as others will feel they are missing out which is typical human nature.
Any idea why Leofinance suggested keeping some liquid Leo? Is this to take advantage of the airdrop as I hate having liquid as everything is always powered up.

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Any idea why Leofinance suggested keeping some liquid Leo?

There is a project that will be announced next week (they think) that will be tied to Binance Side Chain. Not sure of the details but that is why wit is suggested to have LEO liquid.

500K? Well that is a good number to shoot for. Not an outrageous one in the world of social media.

we need to keep promoting all that we have to offer here in the next few months. As the development keeps rolling out we are going to have to espouse this more often.

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Thanks for that as was unsure so yes I will keep everything liquid and more lol. We will do lots more shouting from the roof tops as everyone needs to know about this place.

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I think it will be much easier for us to shout from the rooftops once projectblank is released.

That is something that I am convinced will be a major hit. With almost zero learning curve, it will be an easy "sell".

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I tend to agree with you as we need to get the message across. Most users are coming across to view Leo via twitter according to Alexa (9.6% of all traffic). Posted about it and why we are doing this at the right time.

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You had me with this line: "Usually, the day before a hurricane is set to hit is gorgeous." I've been through several hurricanes, and yep, that's 100% right. Also, the day after is often very nice. The circulation sucks down cool and drier air from the north.

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I don't think the alt season has really hit it's peak yet so judging hive's price performance can be a bit premature at the moment, we'll see it better in retrospect after the bull run is over

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thanks for all the explanation. hive and leo have a lot of development going at the back stage and it is a great additional for me as user in the front end.
will we see a great influx of new user coming in. Twitter also releasing follower subscription fee if I an not mistaken. With no additional fee in hive, that "twitter on blockchain" will just be awesome

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As long as one has HP, providing the Resource Credits, transactions are feeless.

The new app will be able to post to Twitter, giving it the allure as a front end to Twitter.

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Yes sr de are ready to the masive adoption se enjoy to know that the exponencial grown Is here.

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I am awaiting the takeoff. This will occur when the new applications take off. I think the biggest problem is that HIVE doesn't have enough of a user-base to attract the bigger guys. People follow where the numbers lead and I do believe the new microblogging, LeoFi and other applications will be what brings in these new users.

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Without a doubt the numbers are low and need improving. That is something that I have been saying for a couple years. It is why we need to have more activity on chain. There is a lot of "conversation" that takes place in discord, something that doesnt add any value to the chain.

Sad that people dont see this. It all feeds into the same pool and we need to get a lot more going to build upon.

I agree with you, the present 10K or so accounts transacting a day isnt enough to really build upon. We need to improve that by at least an average of 10% a month for the next year.

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I often think I got a late start here as many had already been hard at it in Steem before Hive split off. But better late than never and I am looking forward to the coming adoption of crypto from the masses and their eventual discovery of Hive!

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Compared to the people who are joining today, you are one of the early adopters.

And that will certainly be true for the people who find Hive a year or two from now.

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There is certainly a lot of room to grow the user base. As you said sometime back, we are just getting out of the Geek phase in crypto. Will be exciting to see what happens when Hive and related projects are as commonly used as Facebook or instagram. Hope you are doing well! Any hints on why I should be hording liquid leo's? Seen some rumblings of something in the works, maybe a swap defi project?

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Development will allow us to eventually flip the script on this "influencers" at which point they will notice that they have missed an opportunity to grow here. FB, YT and the rest are not done zapping crypto accounts.

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No they will keep zapping accounts. That is the trend they are on and they just need to find their target.

For now it is crypto. Who knows who it will be next month.

Someday people will wake up. In the meantime, we just need to keep building and adding as many numbers as we can to the pile.

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you basically said it all. I hope more people read this, both current members and non-members. The members will finally realize the potentials and all the things going on and the non-members will discover this hidden gem!

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If this is the storm we are talking about. Then let it come faster and stronger..

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Will the hype come to Hive or will Hive build bridges to where the hype is? Only of these may be good enough, but maybe both will happen. Anyways, it seems to me, hype by far is the main factor determining where people will go. The fundamentals seem like they don't matter. But strong fundamentals + hype seems like something one would be confident building/investing/joining in.

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As an added bonus, for those who are truly interested in a building a social media following, we offer the capability to only have to do it once. Unlike the centralized silos, a follower on Hive see all activity. Thus, one is a follower for blogs, "tweeting", and video. A content creator does not have to build a following for each area

@taskmaster4450
This is an interesting point of view...that is why I admire the hive blockchain so much,it will only keep getting better....

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As always, you get the blood pumping about what the future holds! It's been building for a while and at some point, probably sooner than later, Hive is going to explode on the scene. The infrastructure continues to be put in place and the launching pad is rounding out. Gonna be fun!

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Of course, throughout the day, the conversation was centered around how this shows the need for decentralized social media. As always, the big crypto "influencers" run back to the same well as soon as they can. Instead of using decentralized platforms, they simply talk about it.

Yeah, it's really starting to get on my nerves. Some people complain about getting deplatformed for a few days or weeks and then come crawling back to big tech. The least they can do is mirror (backup) their content on alternative sites. Support the competition!

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Hive will grow when it's not the same authors, always in the top posts because of vote farming, on content that doesn't attract the masses. Start UPVOTING different content!

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I want a life where you can earn money for making quality content. I want a life where you are able to do friends and consider them part of the family. I want a life with a good and stable future ... So, I think it's possible with Hive and Leo.

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I agree and with a core group of dedicated users like us who have had a couple of years to learn from this chain and educate ourselves about Blockchain in general, our success stories are starting to get people curious about what Hive is. Our friends and family are paying attention.

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All kind of different tools and communities being built right now, we are still so freaking early...

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It's gonna be amazing... That's for sure!

Hive potential is incredible in so many ways.

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Technology is raising every second. And more people's can get advantage to these technologies

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Estamos preparados para asumir nuevos retos, así como también para crecer y disfrutar de esos cambios que ocurren de manera exponencial.

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I keep telling people how undervalued Hive is at this point and I am glad some of them listened to me and joined us or invested in Hive.

If there's a right time to be a Hiver, it's this one! Great read @taskmaster4450

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A couple of simple breakthroughs will cause massive growth on Hive.

I am sure, the twitter movement is getting noticed a lot and it may bring in some breakthroughs.

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Our daily active user base is up for the first time since the split. Though the numbers are still small, this is an important change. Still, that alone will require a lot of time to reach the tipping point where our community becomes large enough to make noise out there.

That’s why I’m so excited for Project Blank and Speak. They will really speed things up for us when it comes to getting the word out.

When!

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(Edited)

I think Khal and his team did a number of indirect great services to Hive lately. He pushed aggroed to improve Hive-Engine, imo. He took a lot of the spotlights and with that the pressure away from other developers in the ecosystem, which were able to do their job quietly. That's the case for the blockchain devs, with HF25 roughly 4 months away according to howo. That's even the case of 3speak and work on their new platform.

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Maybe we need to promote Hive on Twitter or Facebook. If all members of Hive will take part to trend Hive, that will help Hive gain attention. That's just what I'm thinking. Anyway, I think ProjectBlank will also bring in new users.

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I’m not convinced still that HIVE will fill the void. Sure there are plenty of really good projects but just not enough confidence except from the current users. YouTube and Twitter will adopt crypto at some stage and that will be an instant winner for that token. Perhaps HIVE could be that token!

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One thing I will mention about is the difference between the market prices and vs the value that was created. STEEM was $1 when it was basically just a blogging interface with one main front end. We now have alternatives to most social media and with developments from @aggroed we literally have basic DeFi! That's just huge. HIVE is one of those coins that could seriously go up thousand times.

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I am absolutely new to hive but its own ecosystem has blewn my mind. So much thought and so much talent put into one blockchain, I am impressed and I want it to grow! As an artist this digital space opening up is a huge opportunity, and I hope to make the best of it!
Good article! !invest_vote

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