The Hive blockchain is a place to be—an exciting and innovative blockchain that offers numerous benefits and opportunities that can't be missed in a hurry. I've been privileged to be on this ecosystem for almost three years, and some of these opportunities are one of the main reasons I'm here to date, from being a decentralized social media to playing to earn games that offer not just entertainment but incentives, and today I'll love to write extensively on the good things about hive as well as propose some ways to promote and enhance it further.
The Unmissable Aspect of Hive Blockchain
Decentralized Social Media: Hive offers a unique blend of social media and cryptocurrency in a decentralized way where everyone is welcome, and with interfaces such as hive.blog, inleo.io, Peakd, Ecency, and the like all leading to Hive Blockchain, a user can easily write and publish a post and, in return, earn cryptocurrency. Being decentralized also means that each user is the owner of their domain, and the plague of a centralized economy won't be a problem.
Community Engagement: Being decentralized is one reason why Hive is community-driven, and that's why you'll notice that developers, content creators, and users are all involved in decision-making and governance that helps Hive thrive and evolve in the direction of what the community wants. It's a typical show of democratic government where everyone's opinion matters, and that's why each proposal requires the support and approval of the user before it'll be given the go-ahead.
Play to earn gaming: Games like Splinterlands, wrestling organizations online, Rising Star, and the like are games that are built and operate on hive blockchain, and they offer a blend of entertainment and monetization in the form of hive tokens, layer 2 tokens, and NFT. This is one of the mind-blowing features of the hive blockchain that can't be missed. Imagine getting paid for indulging in fun activities like playing games; that shows the potential that lies ahead for gaming on chain, and I won't be surprised to see a developer work on top-notch shooter games like Cod or GTA in the near future.
Job Opportunities: Hive, through the years, has provided job opportunities for its users via their skills, crafts, and the like. I, for one, have had people patronizing my shoemaking business via the fact that I publish my DIY here. I also know of a friend who lost his job, and here on Hive he was able to secure some jobs, like working as a community moderator, curator, and the like, and in return he's able to get paid enough to sustain his family for over a year before he secures another job.
Low Transaction Fees and Fast Processing: I've used different ecosystems and transacted many times to acknowledge how lucky we're on the hive blockchain. Transactions are done here with zero fee and at the speed of light, whereas on other ecosystems we're charged a huge gas fee for crypto transactions, and that takes several minutes to be completed. It's one of the advantages of Hive Blockchain as an ecosystem built to handle a high volume of transactions with minimal fees.
Comparing Hive with Other Blockchain Ecosystems
Binance Smart Chain (BSC): Hive Blockchain's focus on decentralized social media sets it apart from BSC, not forgetting that Hive is community-driven and governed, unlike BSC. Although they both share similarities in terms of low transaction fees and fast transactions, other than that, Hive stands out for the social media that is open to different niches.
Ethereum: This is one of the most popular ecosystems, and it's well known for its smart contract and large developer base, but then it's no longer news that it is plagued with high transaction fees and scalability issues, unlike Hive, which runs on the DPos mechanism, which goes on to make it user-friendly, not forgetting its aid in fast transactions and lower transaction fees.
Proposals for Improvement and Promotion
Increase marketing efforts: Despite how mind-blowing Hive is, it's quite disheartening that it's known to only a few people, and to change this narrative, we must be ready to indulge in some aggressive marketing strategies that propel Hive to the general public. This can be enhanced further by teaming up with top brands, social media influencers, and content creators; this would help foster a lasting positive change in this regard, adopting more developers, investors, and users in the process.
Educative Initiative: We should launch educational resources and programs that teach not just the users but the general public and prospective users about Hive Blockchain, the benefits that lie therein, and many more. To help foster a community of literate people and users unfamiliar with blockchain technology initially, this can be done in the form of community workshops, webinars, and tutorials situated in different countries where hive thrives to demystify hive blockchain technology and attract a wide audience.
Join Trend (Telegram Tap Game Evolution): I'm presently working on a proposal and project in this regard. In recent months, Telegram has evolved and is being utilized by numerous cryptocurrency blockchains to adopt new users as well as advertise themselves to the general public. You can imagine a project such as Hamster that hasn't even launched yet and has over 38 million audiences, and Hive isn't in any way near that.
So I'm presenting writing to propose that Hive also delve into this new trend and utilize telegram tapping gaming and airdrop incentives to adopt new users, as well as propel ourselves to the big stage, utilizing YouTube, X (formerly Twitter), to spread the word. The variation between hive and hamster that hasn't launched in terms of followers on these social media platforms speaks volumes, and that's not to mention the difference in terms of daily users, so we need to implement a change, and now is the best time.
So that's about it. Hive Blockchain presents us with loads of opportunities and benefits that can't be missed, and when compared with other blockchain ecosystems, we've got our edge in different areas; however, we need to implement some changes for lasting positive developments.
This is my entry for the day 11 of the #juneinleo prompt of the #inLeo initiative, if you'd love to participate, you can read days about it in the announcement post.
Thanks so much for your time. Have a wonderful day ahead and stay blessed.
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