A blockchain needs users and according to the statistics compiled by @dalz, we had the worst year for user growth. Let us not forget the fact that when we were known as STEEM a few years ago (I joined over 6 years ago as the 258,740th account), the price of the Token was around $1 for a significant amount of time and that was before the ATH of $8.19 that happened 6 years ago.
HIVE Account Creation
All HIVE accounts are forced into having usernames. This is somewhat similar to having Ethereum Name Service, but far cheaper. Creating account require to burn 3 HIVE or a large amount of Resource Credits. @dalz mad the article linked above with many important statistics. I did not expect to see 2023 as the worst year yet! We have come so far with a great many developments to HIVE! They don't seems to have mattered much in the grand scheme of things.
Insanity is doing the same thing over and over again and expecting different results.
The quote is misattributed Einstein. The widom contained in it remains true nonetheless. The Whales and developers should take a look at how worse projects with weaker technology have come to surpass what we have built and consider the areas we have failed at. Complaining does not fix things. Build it and they will come is an idea that has not worked over the years. We have to consider that we have not built enough of the right things. We may have to use DHF differently to achieve the best for HIVE in 2024 and beyond.
LeoAds is Trying Something New!
LeoAds Protocol changed the way way content creation is incentivized on HIVE. The best part is that it does not diminish any of the good things that have been working well with HIVE. LeoAds improved HIVE without replacing anything. One of the things you know about HIVE is need to change. LeoGlossary will have you covered on most of the basic things you need to know about HIVE. SplinterGlossary specifically covers @splinterlands related topics.
Now HIVE has a front end that has all the perks of a traditional blogging site supported by ads. There is no need for any other front end to achieve the same. @leofinance has this niche covered. The revenue from the ads are converted to LEO and staked to the authors that generated the traffic. Incentives have changed for the bloggers.
I need to generate 200+ page views to be eligible for LeoAds revenue. This creates a goal for the authors to be more active while keeping the goal low enough to be achievable. There is no dashboard yet. Users have to manually check their page views by visiting the following website:
https://simpleanalytics.com/inleo.io.json?version=5&fields=pageviews,histogram&pages=*threads/view/username*&start=2024-01-01
We Need Good SEO
A short introduction would be to call SEO a set of techniques that help content rank higher on search engine results in order to get more traffic. If there is more traffic to InLeo website, it helps the entire HIVE community in many ways.
- More revenue for LeoAds Protocol.
- More LEO staked for active authors.
- SEO gets automatically improved for all front ends.
- More users will read about and discover HIVE DAPPs.
- More users drawn into the account creation funnel.
- Authors get to spread their ideas more and get better recognition.
The Most Important Missing Piece for The 2024 Bull Market
If we combine good SEO while making it extremely easy for new users to invest into HIVE assets, we could try to recreate the previous highs we have experienced in user activity + market valuations. @terablock-hive could be a massive help in the process and urge everyone to read their blog and check out Proposal 295 which can lead to more developments and integrations for HIVE.
Few Educational Sources on SEO
I am not an expert in SEO. I have learned some basics through blogs and videos. Most of the good SEO content creators I have seen offer some paid services and they tend to have blogs. I will link some of the videos below to get started.
You do not have to make massive changes. We have thousands of authors on HIVE. If enough of us post using InLeo with improved SEO, we could make a significant impact and bring more users to all front ends and get evergreen rewards for the work we do.
Best of Luck!
Posted Using InLeo Alpha
