RE: That Idea of 'Removing' the Hive Rewards Pool
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Appreciate the summary!
So the idea of doing away with the rewards pool has resurfaced. For me, it's a very simple thing - and I say that with almost 25 years experience with content sites that reward user-authors - without the rewards pool Hive is just a hard-to-use and complicated blog site with very little effective external traffic. Even though I don't use it much anymore, my typical Blogger post still gets between 300 to 500 page views in the first 30 days. Writers are fickle, and often starving. Take away the rewards pool and it'll just be "back to Google Adsense."
Layer two for rewards is a nice idea but no community yet seems to have figured out a tokenomics and feature/benefits mix to keep their token worth more than fractions of a cent.
You're welcome.
Does this mean it was thrown around before? They mentioned further conversations will occur in the near future so it would be really interesting to hear what the main motivation for the contentious idea of the pool removal to have come about.
A good question was asked earlier too, even if there will be L2 tokens to reward users, how does that help Hive?
These and many others definitely need answers.
To my recollection more than once.
Usually emotions of greed and avarice disguised as something good for the little guy. It’s just a Hive grab.
Sorry to be so critical, but it’s plain as the nose on my face, as those with the most seek to carve out more. The place already has a healthy number of whales earning whale shares. This only centralized earnings further and reverses the slow decentralized distribution of awards the author/curation rewards are suppose to produce.
I see, thanks for that. It never occurred to me that it has been thrown before. It's okay to air your thoughts no matter how critical they are. Most of us feel the same way - the reward pool is the heart of Hive and taking it away makes no sense.
Thanks.
It’s nice to know so many feel that way.
You put it very well and very succinctly! The value proposition without the rewards pool for the end user is borderline hostile. It's hard enough to post here already! Why take away the possibility of incentive for content creation?
I really need to sit in on one of these town halls. I wonder when the next one is...
Yes, we will have to be there and air our views on the matter.
Agree! Do you know when the next one is? And it's on "X," yeah? 🤔
I've avoided it so far.
If they need a multiparty video call type-thing that's actual privacy-respecting they could use Brave Talk. Doesn't solve the off-chain issue though but would be a marked improvement from the dead bird site
There is no specific date yet but it will surely be shared on threads probably a few days before the show so we will know.
Does threads have push notifications?
There's a live notification but only when you are on the InLeo page.
You may want to follow @town-hall because I believe the account will post the next schedule in advance.
You are an absolute legend @ifarmgirl, thank you (:
That's so kind of you, thank you :)
In case you haven't read, the next Town Hall is happening on December 1st at 11 am EST.😉
Info from HERE.
Thank you 😊
That's 2.30AM in my neck of the woods 😂 😞
You're welcome. It's midnight for me :)
Hmmm...
WA?
Damn this is so spot on with how I feel.
Except I am really disappointed.