What is the primary barrier to entry in Web3?

So I came across this post on Hive today; it was eye-opening, and I learned yet again. So the author was discussing why some Hive users are more successful than others, and why he believes the creators' uniqueness is why they are preferred by curators and readers, as well as command some level of respect.

He chose a specific creator and discussed how this user's behavior has allowed them to continue to receive support, connections, and growth while also flipping these supports for even greater growth.

Technically, the owner of the post was correct. It is not difficult to cut on Hive. The post's summary in my own words is that you must forego breakfast and lunch on Hive in order to have a larger dinner, and you are free to interpret this sentence however you see fit.

So I went to the comment section and saw this person complaining about the high cost of entry on Hive.

To be honest, if the person had properly interpreted the post, he would not have asked about this "barrier to entry" because the poster addressed all of that indirectly, leaving the readers to interpret it for themselves.

However, the post may have been too long and the person did not read between the lines, which is another issue.

Sometimes we are presented with opportunities to impress, learn, or make a statement, but due to a lack of time, we simply fail to learn. Some Hive posts require two or more readings to fully comprehend their meaning.

Time & Effort

Today, I came across a TA of the pump of Hive. It was a comment, but I spent some time looking at it. I Googled the words the person used and spent more time understanding his context. Why? I need the knowledge.

Sometimes the elephant in the room is too small to see, or we pretend not to see it, but some things are better left unsaid so that everyone can deduce and understand them in their own way.

Hive is technically free to use, but it is not without costs. The fact that it is free does not imply that using it is cheap. For example, as a new user, you need resource credit to interact, and resource credits are obtained by having staked Hive, so this alone, despite its obvious freedom, can be a barrier, and as users, we must find ways around it.

So they can either reach out to onboarding programs on the chain to delegate HP to them, or subsequently grow their reach and get someone to do it for them, or they just continue grinding with the limit they have until they can grow this limit over time.

So, while technically free, you have limitations until you grow large enough to overcome them. However, this is not what this person intended. You might think that this resource credit mechanism will be a significant barrier to Hive, but it isn't.

You might think that the inability to interact due to RC would bother a lot of people, but we have not seen anything like that so far.

However, the "limit or barrier" intended to be the limit is a new user's inability to grow in the manner that they desire.

To elaborate, he meant that users require some sort of motivation to stay in the space, to stay present, to keep creating, and that if they do not seem to fit in with the upper echelon, they become discouraged and leave.

This is an obvious problem with every web3 outlet and Hive gets scapegoated a lot for this. In reality, web3 is more profit-driven, which is why there is competition.

Web3 Has Many Niches

I recently discovered a different niche on web3 and was wowed at how much money these guys were making. They then went on to compound these profits by investing them further and using the profits for even more profitable ventures.

So I tried to break in and try my luck, and I discovered that one of the reasons this niche remains undiluted despite being profitable is due to the barrier to entry: money.

Web3 will always have its own set of barriers, as will Hive.

I am not going to discuss how to get around this because we have already emphasized it several times, and I do not think we need to keep repeating it.

You have something to give, and you must sometimes discover it for yourself.

The goal of this post is to demonstrate that there is a barrier to entry everywhere, and it is even higher in web3 not just Hive. Sadly you need to cut it for it to work for you. Everyone will approach it differently, but the end goal is to make progress.

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What is the primary barrier to entry in Web3?

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