I was reading a post by a Hivian who came back to the platform after a 2.5-year break, and one of the first posts was a long rant about HIVE and issues that we have, according to the author... Just to clarify, I am pretty aware of the problems that we have, but I'm also aware that some of those problems can be solved... It's not easy to solve issues in decentralized surroundings, but it is possible... There were plenty of notes in that post, but I would like to focus on two points that I found interesting...
Created in Canva.com
The main issue on HIVE is the distribution of tokens... Some call that the problem of not enough decentralized governance, but, in a nutshell, we have 10-15 whales on HIVE that are holding a significant amount of HivePower... That leads to potential (or real) abuse of power in voting for proposals, or in voting for Hive witnesses... What we can do about it? Well, we can't force whales to sell their stake, that's for sure... But, we can do something else, something that I've been trying to do for the last few years... Educating smaller stakeholders of Hive Power importance!!!
Yes, whales do have a large stake, but with a larger participation in the governance of smaller HP holders, it is possible to make a change! I have noticed that some Orcas are very well aware of that, some Dolphins too, but we need a bigger participation... That's why my main goal is Hive Power goal! That's why I'm creating these #MyHiveGoals posts to motivate and inspire others to accumulate their Hive Power... It is the most important thing here on HIVE and you have to have some skin in the game! You can create perfect posts, but still, you should have some HivePower... Not for the sake of having it, but for the sake of governance, keeping your home clean, to have your voice, and showing by example!
All this leads to the second point that I wanted to discuss... I heard a couple of times in the last 2-3 weeks that Hive isn't "welcoming" new users as it should, and that new users have no chance to "survive" on the platform if they aren't supported by whales... That it takes a lot of time to build an account!
You indeed need time, but tell me one thing... How long would it take to become popular on YouTube? How much time do these big YT channels take to get where they are? It takes time to build any business, to learn any skill, to become an expert in any discipline... Is it hard? Of course, it is! If it wouldn't be, everyone would do it... Can we have hundreds of whales on HIVE? I doubt it... Some people get it, some people don't... Some people are consistent, and stubborn, but still helpful, adding value to others and the platform... Not everyone can become an "influencer", it's not that easy to become... Nor on Hive or any other social media platform...
The numbers that you will see in #MyHiveGoals are built up continuously for 5 years! It took time to get here, but I don't regret any minute that I spent on this platform! I had fun, I have met so many great people here, and I had fun in real-life meetups... It takes time, but it's much easier when you spend it in a good company!
Back to the #MyHiveGoals numbers... 2 weeks after the last report...
screenshot from hivestats.io
The chart is still going up, and that big bar is almost at the beginning of it, which means that soon, it will be time to create another big green bar... 😃 For those who don't know what it represents, it's my #HivePUD power up which was 1K HIVE... Still not sure if I will repeat it on August 1st, but I will do a significant power-up!
If I deduct the #HivePUD powerup, it looks like I have accumulated around 1200 HivePower in the last 30 days... If I check the numbers for the last two weeks, my HivePower number went up for almost 700HP! I think that I was more active and earned more author rewards than usual... The next 3-4 weeks would be the opposite as I will not be able to create that many posts on vacation, so I have to rely on my curation rewards! Luckily, that number also goes up as my HivePower is going up! Passive income power!!!!
Oh yes, one more thing, I have noticed that my curation APR has gone up lately and I suppose that the reason behind that is that we have fewer active Hivians, and the pool is divided among fewer people... Told you numerous times, the best time for accumulation is when HIVE price is down, people are FUDding, arguing, etc. Avoiding drama and building is always the best way to go...
I have to admit that I expected more from my SWAP.HIVE:LEN shares goal this month, especially as I reached it last month... But, it looks like I got distracted with other things (and with those cheap LENM tokens), and I also split my LEN earnings into 2 pools... Anyway, I didn't reach this goal this month, and I will not do it in the rest 3-4 days, but there is time to catch up with the yearly goal, for sure...
The Rising Star goal is closer and closer to its completion... In the last two weeks, I have added 486 cards to my collection! If I continue like that (and I will 😃), I should reach my yearly goal in the next 2 weeks as I need a bit more than 300 cards until 30K NFTs! That's so unreal to write and say, 30 thousand cards!!!
These were my initial numbers and goals for 2024, created on January 7th, 2024...
MyHiveGoals 2024 Edition - The Beginning!
Join me in this awesome #MyHiveGoals and let's grow together! It is fun, motivating, and will keep you focused!
Thank you for your time,
--ph--
PS. None of this is financial advice of any kind...
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