Hive: A Blockchain of the Users, by the Users and for the Users

While brainstorming on the ongoing Hive adoption campaign designed and organized by the Leo team on Zealy platform, it dawn on my how much of the Hive resources have been underutilized. When we talk about resources available on the Hive Blockchain, our minds would first think of the technology - Hive nodes, Hive power, smart contracts, etc. Yes, the technical aspect of tbr blockchain and the "money" comes to mind first, but there is more.

In my very early days in Economics class, I learnt about land, labour, capital and entrepreneurship as factors of production. A careful observation would show that apart from land, other three factors are human related. Labour is directly talking about human skills, strength, ideas put into the work process. Man has to "work" the land. Capital on the other could literally mean money, but then, the truth is that humans actually give value money. Untill there is the willingness to exchange a valuable service or product for money, then, money would have been useless.

Today, we'll agree that ideas are money in the raw state. Entrepreneurship as a factor of production looks at leadership that helps to organize other factors and multiples this fully hinges on human. Thus, it would be correct to say that human is the major factor of production. We can lists that factors or production to be land, human, human and human 😁. Human resources are a crucial aspect of any project, or organization. Playing down on its importance would lead to an outright waste or underutilization of other resources.

The main driver of the hive Blockchain is not the technology, but the humans actually that create and consume the technology. Without users, the blockchain would have been a sheer monument. We are witnesses of some projects that stemmed on the hive blockchain and in no time faded out. Simple truth is that there were users to engage it rightly, be it token or app. Looking back, we'll a agree that the human resource of Hive were the main instrumentality of the fork out of steem Blockchain. The united hearts that were willing to pool their skills and ideas together after the hostile takeover of steem was a big capital. Many times, users of the blockchain have participated in voting exercises that have secured some recognition of the chain and or listing of tokens in exchanges.

Thanks to the Leo team for reminding us of the strength that lie in the hands of Hive users that is capable of stirring mass adoption. The Hive adoption campaign which is built on the principle of peer2peer onboarding is the most effective way of populating the hive Blockchain and doubling our user base. I successfully made three invites for the campaign in the early hours of today and surprisingly one was a brand new user. I imagine that all active users her could bring just one new user, then, the user base could have been doubled on 24 hours or less.

Thanks to the scalable infrastructure of the Hive Blockchain that allows several communities and Dapps to build in their uniqueness. It's no more a season where everyone was forced to do a long 5 minutes read post to earn an upvote. We now have three microblogging options on the Hive Blockchain. Writing a 240 character post or sharing a short video, gif, infographic could just be all that some users need to stay active on a social platform. The Leo threads also allows for decentralized polling which could be adopted for corporate governance, research and market surveys. Aside from social media usecases, play to earn, move to earn, watch to earn, learn to earn, DeFi, NFTs and more other engagement options for users.

Hive is a Blockchain of the People, by the people and for the people and the ongoing peer2peer marketing initiative is a beautiful example. Users create the communities and Dapps on hive. Users invite friends and family to use the Dapp's and engage the communities. Users reward themselves. A win-win deal for users and more. The new user joins us, engages systemically and gets rewarded. The user then goes out there to get another new user to build his own community.

We all build the social power among the users. Building a strong social power has a lot of benefits that can be financial and more. Yes. Every user earning well on Hive has a strong social base either individually or as a community. This is why every new user would have to get social before earning. It's time to get all hands on deck and build our community and our Blockchain for our good.

Join the Hive adoption campaign today let's make out Blockchain Bette for us.

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This post was created via LeoFInance, What is LeoFinance?

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

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