Is it possible?
Sure it is possible. Anything is possible. Hive is a blogging platform that SL people are quite familiar with. At least they know the existance of hive. All the SL related communication by the team and the SPS.DAO happens on hive blogging front-ends. The game itself is powered by hive. Yabapmatt, the CEO of SL is a top 20 Hive block producer (witness). Each SL players account is a hive account. So in terms of visibility, awareness, and access there is no issue. Typically for new users at hive, these are all big barriers, which does not exist for any of the SL players.
However, the big question is why will they invest more?
Generated with AI ∙ August 20, 2024 at 2:19 PM: Bing Image Creator
Why?
This is not a very simple question so I will try to arrive at it from multiple angles. First the data bit, I hope @dalz can help me with a SQL querry. I like to find :
out of SPS stakeholders who holds 200K SPS or more, how many have 10K hive or more
What I expect to see is not too many
Reasons:
- Hive is not a popular blockchain if you ask any gamer, they rather hold a popular blockchain like ETH or Matic or BNB
- Gamers typically do not understand the benefit or inner working of hive
- The hive front end, especially the markdown interface, is not too user friendly
- The 4 key system doesn't help either
Mitigation:
- For an user, popularity can be an afterthought; all they care about is ROI/Price. If we can demonstrate ROI/Price they won't mind
- Inner working may or may not be important at least in the beginning. There are some good tutotials, we can make them accessible or readily available
- We can have a good markdown tutorial, there are plenty of them available
- Again a simple tutorial can solve this
Plan of Action
- Curation rewards: A lot of investors do not know how hive curation works. How people can follow a curation trail. Even a couple of days back I have shown this to someone. Consider using hive.vote.
- HBD as a stable coin: HBD is an algorithymic stable coin that is based on hive curation principle. Being a niche coin it is quite immune to DDOS attack. It is highly unlikely we can get into a Luna situation.
For the record, I have held 1M HP for a while without any major problem. I find writing my thoughts here quite liberating, and I plan on doing that for the next foreseeable future.
