Hive Community Town Hall #2 - Video and Transcription
Here is the recording and Transcription of The Hive Community Town Hall #2: Onboarding, Retention and Community building.
As of November 7, 2023, more than 1,300 people have listened to the recording, over 160 people joined the live Town Hall, and the post activity speaks for itself.
Thank you, Hive community, it is only thanks to you that we have achieved these numbers.
Thank you to @elmerlin, @mcfarhat, @khaleelkazi, @chrisrice, @nathansen, @jarvie, @vaultec and @grampo for being part of the panel, to @ecoinstant, @bookerman, @xvlad, @howdaryllrolls, @alohaed, @jza and @r0nd0n for chipping in to the conversation, and to the all the Hivers who joined us live and participated in the Threadcast, Waves and Dbuzz tags to share your opinions, ask questions and engage directly on chain while listening to the Town Hall.
The next Town Hall will take place on Friday, December 1st at 11am EST - to make it accessible to attend live on most time zones.
The Transcription for the full Town Hall will be included in the comment section.
▶️ 3Speak
The Townhall is getting rather busy by the sounds of it
Full Transcription
Moderator:
Thanks everyone for being here. While we wait for more people to join, remember today is hive power up day. You have around nine hours because the HPUD works with UTC times. So we have nine hours to power up and show our support to the blockchain. You don't know what HPUD is. It happens on every first of the month. And it's when we all as a blockchain, as a community, one of the biggest communities and most committed ones in the space, we gather together and show how much we believe in Hive and how bullish we are on Hive, so we power up and this is a signal for the outside and the inside of Hive on how bullish we are on our ecosystem.
A few friendly announcements in the meantime, while we wait for the speakers to come up.
Splinterlands still has their Rebellion Packs sale ongoing. If you are a Splinterlands player, or if you want to get into Splinterlands, now it's the best time to do it. Go check their posts, go check their website, and show them some support.
We also have the HoloZing game that came out around a week ago. This is a game that is no it's not yet live, but the alpha version or the beta version will be up very soon, but you can now delegate Hive power and receive tokens in return. So you should definitely check that out.
And the third one is the SPK Network has a new proposal up, to keep developing the infrastructure to bring us their new technology. So check that proposal out.
We are also going to have @vaultec here to share with us a little bit about the VSC proposal, but in the meantime, you can just go check it out.
Welcome to the second Hive community town hall. This is not an official meeting. It's just the community joining in together to talk about what pertains to the Hive community and the Hive blockchain.
We are here to share what the frontends are doing, what their plans are to get involved with the community. And the community can also get involved and ask questions. Pretty much just hear what's going on Hive. These kind of town halls happened in the past, but over the past few years we didn't see an initiative like this one.
So Nift, do you want to tell the audience what @town-hall is? Just pretty quick so that we can start. We're just going to give it until the 15 minute mark to start this, because we know the founders have a tight agenda.
Moderator:
Yeah, of course, and we respect you guys time for sure, so we're trying to keep it on time schedule for about two hours, yeah, so @town-hall is a new community based witness for Hive launched by @l337m45732, @anomadsoul, @jongolson, and @taskmaster4450. But aside from just being a witness. We decided that it would be a great idea to, to try to bring community members, founders, builders, really anyone that, wants to have a say in things together and, just like a town hall meeting for anything we can all gather here share our thoughts, share our updates on what we're working on and, if somebody has questions they can come up and ask in a format that doesn't make anyone uncomfortable and doesn't, you don't have to have any kind of level of technical knowledge or any of that stuff. We're just here to try to bring everyone together, find out how we can all grow together, find out how we can all collaborate in a way that makes Hive a better place for everyone. And, ultimately to bring more people to the Hive ecosystem, not just individual apps.
So that's the general idea. And I personally think this is a great way to do that because, like we said, anybody can jump in here that wants to and request to speak just, we'll get to a section where we invite more people, but yeah, that's the idea. We appreciate you guys following along with us, jumping in here and we look forward to speaking to everyone.
Moderator:
Excited for this and really seeing, high for what it's meant to be and community focused and just just excited for it, man. Looking forward, especially hearing all from the different apps and stuff. Yeah, let's go. Let's rock. Awesome. We have a hundred and six listeners, guys.
@mcfarhat (Actifit):
First of all, it's a pleasure to be here. Thank you guys for setting this up. I think it's a much needed initiative. We need to just connect everyone, bring a lot of information and collaboration, uh, between the whole hive ecosystem. Alright, so let's give a quick nutshell about what ha what active it is and who we are, what we do.
So we are actually one of the first dabs built on hive. Before Hive came to. Life probably started in 2018, uh, activate is basically just a call for fitness, a mechanism to incentivize people to actually live healthier. What became known as the move to earn initiative long before the move to earn got hyped up last year and probably again in the near term.
So yeah we wanted to come up with something pretty neat and something that is built on the core of hive that would push people to actually move and track their fitness steps. whether you're walking, you're running, you're going to the gym, you're doing whatever you're doing. As long as it involves some movement, we wanted to push people to keep doing that and to help maintain a healthy lifestyle.
That's how active it came to exist. And with the whole social ecosystem built on Hive, it was the perfect match from our perspective. And ever since we've been building and growing for the last five or six years. So yeah, this is in a nutshell a really short intro and I guess we can elaborate more as we go.
Moderator:
Thank you for sharing, man. We have Chris here, Chris Rice from D Buzz. Chris, tell people, get them hyped about D Buzz.
@chrisrice (dBuzz):
What's up, man? Hi, everyone. Yeah. So I'm Chris Rice, one of the founders of D Buzz along with Nathan Sen. And dApp shortly after. The fork from steam to hive. We are one of the first projects to launch on the new chain and the first microblogging platform on hive and we make it easy where users can have an alternative to traditional web to social media.
Whether feeds aren't organic, it's the feeds are rigged where let's say you have 10, 000 or 100, 000 followers on those platforms. Sometimes, you'll only see a fraction or those followers will only see a fraction of your posts. So we're offering an alternative with organic feeds that are natural.
And one of our value propositions is that it's healthier to have organic feeds. And organic conversations that aren't rigged by proprietary algorithms that choose the feeds. So we're also launching a long form version of our platform later this month and are working towards including a dex as well as a chat service this year.
moderator:
This is amazing. And seeing how fast the hack development. It's working and going, it just makes everyone believe more in how Hive can actually change the world of Web3 and socialfi in general.
Elmer is the founder of Liketu. Hey man, how are you? Do you want to tell people what's up with Liketu?
@elmerlin (Liketu):
Hello guys and hello all my fellow comrades, thank you for having me here. It's a real pleasure to speak to you all as usual and It's a pleasure to speak to you for the first time. I'd like to just say that it's amazing that everyone is here.
I think it's a great opportunity for all of us to collaborate, set aside our differences and figure out ways that we can move forward together as a community now in terms of what Liketu is doing. We've been working on reinforcing the short form content platform and I think that. I think we're paving the way for that style of content on Hive.
Obviously, there are other front ends that are now doing very similar things, but we are all about the visual short form format. Now, to enhance the experience for our users we've added a couple of other on-chain things such as on-chain likes and these are non reward based, but they are an important signal for everyone, just as likes are on regular social media.
But the ones on two are going to be different because we're going to use some on chain measurements such as centrality. To help us figure out how much of an influence you are to the network as a whole. Now, I'm really excited about this development because it means that all dApps are able to use this model and they will be able to work out the reputation or relevant influence of their users and then use things like on chain likes as a signal to figure out how to vote.
So if you're a large stakeholder and you don't know who to vote for. This new reputation system, which we are calling Aura, is going to help you in a big way. So that's one of the most exciting things coming for Like2. Other than that, we're also really really excited to bring out other short form formats.
So we're looking at various short form videos. And also voice voice notes, that kind of thing. It is just incredible to see how we started as a blockchain focused only on long form content. But nowadays we have so many ways to interact with the blockchain and we can cater to so many different kinds of creators.
moderator:
This kind of likes that do not distribute rewards are actually pretty useful. I'm looking forward to hearing more about it.
Jarvie is the founder of PeakD, one of the longest standing dapps or maybe probably the longest one. I don't know. Jarvie, get us hyped about PeakD. Hey, how's it going?
@jarvie:
Yes, here representing PeakD, which is a content writing platform with access also to communities and plenty of web and wallet features and key features, a bunch of different things in there. But I think that perhaps one of the more interesting things that we, I could be here representing and helping is I help run the Peak Open Projects, which is basically a bunch of Hive developers from the community that have come over and with our help, we're helping coordinate their efforts to create decentralized tools that work for all of the UIs that are here.
So it's just like a group project amongst the Hive community. And they're creating tools that all the UIs can use chat systems and polling systems and the Hive, like a blockchain explorer since the old one was abandoned, and a bunch of other different features that we've been working on with a bunch of Hive developers, I think that's the more interesting thing. I think a lot of people May know what Peak D is, and I'll still be happy to talk about what we're doing or ideas from our perspective as well.
But yeah, Peak Open Projects is probably the more interesting thing to talk about.
moderator:
One of the things that gets me more bullish about Peak D is that you guys are working on the front end development, but you are also working on these open projects that anyone can tap into, like the sting chat feature. So yeah, really amazing, man.
So guys, I know that a lot of people are requesting to speak. We will go into that section in a little bit. Let's just hear what the dApps have to say about onboarding, community building, retention, and then afterwards.
And after they give us their takes on all of these matters. We will have enough powder for us, for the community, to ask questions to chip in to the conversation. Remember that we do have a threadcast, I think there's a Waves tag, there's a Dbuzz tag, so if you want to ask a question but you don't feel comfortable coming into the stage, you can do it in a written form, and we will read them around the fourth or fifth section of this space.
@moderator:
Yeah, I just wanted to add, I am actively pulling questions from Threads, from Waves, and from D Buzz. So if you're dropping questions in any of those three locations, I am pulling them into a notepad for the section where we're gonna answer some community questions. So just wanted to put that out there.
Hey, Khal get us bullish on Leo. And pretty much just tell the audience that is going to listen in the future when they join the Hive blockchain in six months and watch this video, what InLeo is.
@khaleelkazi (InLeo):
So InLeo is microblogging on the blockchain. It's the big niche that we've gone after more recently, but. What it really opens up to is the everything app we're aiming to build, from video to short form video to long form written to short form written, just building out a creator economy that enables anybody to basically come in and build a brand and monetize themselves with web three.
And what I think is a key piece for Hive is, making the onboarding process seamless. And allowing people to come in, join in under 30 seconds and use the blockchain. So we've really made it a key focus for ourselves to be on top of onboarding going after creators as well as audience members.
So that's InLeo. That's what we're about. And, I think for Hive our kind of, our KPI is how many people we onboard.
moderator:
I do think that the more that we use numbers in our favor the more that we are going to be able to, first of all, onboard more people, but also retain them. And retention has been one of the biggest issues, not only on Hive, but on every other Web3 platform out there, we have a space, a crypto space that is very hype based that just goes towards the new shiny thing and we have been here for seven years as a community and for three and a half years as a blockchain. So we do have to tackle these issues about onboarding and retention, mainly because if we really want to make the hype blockchain go mainstream. And to get the users that the high blockchain deserves, we need, first of all, to have strategies.
And second of all, to work together as a blockchain. Yes, we are probably eight, eight main front ends here, but there's also a few smaller ones, but in the end, we're all part of the high blockchain.
So McFarhat. Coming into section two, how do you see the high blockchain evolving in the next five years? What is Actifit doing to keep growing? What are your best practices so that other frontends can copy them or learn from them in general? Just tell us how is Actifit going to grow over the next five years.
@mcfarhat:
We've actually been I think, the title of this of this town Hall represents what we are trying to accomplish and what we've been working on.
We really think the collaboration uh, and the integrations between the different components of the hive ecosystem is the key word for growth and for success. That's why we've actually, we are essentially a move to earn project. So we reward people to move, but we've expanded our vision in active it so that we are a platform or an entry point for many of the different tabs that are available here.
For example, when our users will come for the fitness via active it. We are exposing them now to all the different components of Hive through the Actifit interface. For example, they would come to our Explore page, they would find 3Speak videos, they would find Leo Finance content, they would find Like2 content.
So all the dApps are being represented via our front end. We've done integrations with Bosch initiative with three speak videos, whether on the web, we recently even introduced this on the mobile app we've collaborated with OCD for expanding the rewards for our users.
We've integrated with Hive engine on the web, on the mobile app so that users can figure out what's happening behind the scenes on Hive, what rewards they're getting. They're earning CPT, they're earning Leo, they're earning whatever. So all these rewards are coming to the attention of the user.
And they're aware that there is a bigger platform in the background. More than ActiFit. So it's not only ActiFit that they're using. So they can use all of these different components and they can access them through ActiFit and get a higher and a much more interesting exposure that would lead to more retention and more interest for the users in the Hive experience.
moderator:
You just mentioned something very key. To collaborate with the communities that exist on Hive. Not only the frontends, not only the dApps, but to actually leverage it. We might have different front ends, we might have different apps, but in the end, all of our users are hive users. So if we learn to leverage this and to create synergies between each other, we are definitely going to reach out to more people, both within the hive ecosystem, as well as outside of the ecosystem.
Chris what's up? With Dbuzz, how do you see Hive evolving into the next five years and what are you guys doing to push adoption in that same time span?
Chris Rice:
What Hive will be in the next few years I'm sure it's somewhat unpredictable, and there's just going to be so many aspects of Hive that I can't really predict in every direction it's going to go into, and the evidence of that is, even though I'm a founder of a significant DAP on Hive.
I don't know everything that even the top DAPPs here are doing just because so much is going on. But in terms of marketing, this year we realized, much like everyone else, that onboarding is not the same as retention. So we've shifted where we're focusing on two things. One of them is business development, where we onboard investors to buy Hive and HBD.
And actually more than half of the HBD that we earn from our Hive proposal was already purchased from an investor that we onboarded. They didn't invest in DBuzz. They invested specifically in Hive Power and HBD to the tune of over 80,000. You can see the account. It's @dpservice.
So one of the good things about D Buzz is that we're not just a dApp, we're grounded in a network of businessmen in a business group that we have stemming from DeVal City. So that helps a lot. And the second thing... Is that we're partnering with schools that have students anywhere from 15, 000 students both high schools and colleges, and we're going to work to even have an office in these schools, that will be a hive educational hub so that we essentially have high schools in the Philippines without having to build the schools.
moderator:
That is amazing because you not only are working in your dapp, but you're also working in a lot of marketing initiatives in your region of the world.
So we have seen a lot of news pieces on what you're doing with all of the outreach. Around the Philippines and in the Philippines.
Good karma, the founder of ecency, he's here with us, but he's having some technical issues. So I do feel that I should tell the community a little bit about Ecency.
I'm not an official representative, but I do want the community to hear about what Ecency is. To me it is the most simple to use and user friendly interface for long form content in the space. Yes, I think that's their main value proposition. Maybe good karma thinks otherwise, but it's so easy to use.
It focuses on long form content. But they also have a thing called waves and decks, is a way to manage all of the short form platforms in one place, just like tweetdeck, and they have waves, which is their micro blogging feature that users can just go there and share ideas in less than 255 characters, and they are open source.
So anyone who wants to create their own front end, they can just tap into the Ecency code and they can just put out a front end in a matter of hours. Good karma has been a Hive user for, I think, seven years or already, maybe six, he's been a witness for probably the same amount of time.
He's always been developing a front end. He started with Esteem, and then when the blockchain overtake happened, he came up with Ecency, they have a mobile app, which is very user friendly. I know for a fact that around 20 percent of our user base, the Hive user base that blogs and creates content, they do so from the mobile app.
So that's a little bit about Ecency. I can see Grampo here. Hey man, sorry for not inviting you before. I'm glad that you joined us. Do you want to tell the audience what is Waivio? I saw your talk in Hivefest and I was so bullish about it because you're bringing in a product that is so needed for space and you are building on the Hive blockchain for a while now.
@grampo (Waivio):
Thank you for the recognition. Thank you for organizing the town hall. It actually feels like a continuation of HiveFest to a certain degree.
So now quickly about Waivio and what we do.
So Waivio is an app. It originally started as a front end just so that there will be some extra functionality. But today we're mostly focused on what we call social shopping. On Hive, and basically we're looking to open an entirely different dimension for the Hive blockchain, which basically allows Web3 open space for data storage.
And in this case, we're talking about the ability of people to store information about products and compile online shops, affiliate shops using that information. So basically today, if you go to Waivio, every user has a shop in their profile, just like you would normally have posts and comments and followers on your wallet you also have shop, and in order for you to add a product to that shop, all you need to do is just basically find it on Waivio and mark it with a heart. And so it becomes part of your profile: I'm recommending this Camping table, or I'm recommending this particular foundation for the face and so on.
And We also developed a very simple way of uploading products to Hive, we call it Waivio Chrome extension. You just basically install an extension. You go to Amazon or Walmart. You just click the product Say upload to waivio and it will be automatically uploaded to the hive blockchain and added to your store and in your settings, you can basically add your affiliate codes let's say with Amazon or Walmart and all the links from your profile from your posts to these products will automatically have your affiliate code integrated there as well.
In terms of some recent updates since the HiveFest, we now allow people to launch their shops, not just within their profile, but as a separate website, and it can now be operated with a custom domain name.
So most of our projects are right now moving to custom domains, uh, which is way better for search engine optimization, AdSense integration and some other things.
moderator:
So for those who are not too technical about this, Waivio basically is a way for anyone to create their own shop, right Grampo?
Grampo:
Correct. And the type of shop where you don't need to have an inventory. So basically, you're not limited by the products that you actually have. You do not process credit cards. You don't need to store these items. You don't need to do customer support. Basically, the only thing you're responsible for is finding the best products that you want to recommend and just basically hardening them.
moderator:
I am pretty, pretty bullish on what Wavio can achieve in the sense that anyone in the world can create their own online shop with a few clicks and start earning money without having an inventory. Thanks man.
Carl about the five year roadmap of Hive, of course, like Chris said, we don't know the future, but we can definitely try to have a structure and try to achieve as a blockchain onboarding, retention, community building. So how do you see Hive and what is Leo going to do in these next five years to help us reach mass adoption? And for those in the audience, listening carefully to what every speaker is saying, because we want your questions, we want you to actually come into the stage and say, Hey, I have a question about this, or maybe I didn't get this correctly.
We want this community town hall to actually feature community members who have anything to add to the conversation.
Khal:
I've often split the onboarding and growth of hive into three main categories, which would be investors/business owners/entrepreneurs, and then users, and then developers.
And I think for Hive to grow, in the past, I think a lot of focus has been put on getting users to understand Hive and, get Hive keys and learn about Hive. And how it can, they can stack Hive power and create blog posts. But I really think the next five years of Hive is going to be defined by getting people interested, that those other categories in terms of investors and entrepreneurs and developers, getting them the tools they need and the interest they need, to build on the blockchain.
I think a lot of emphasis when it comes to Hive itself should be placed on Getting people to build stuff, getting people to invest in stuff. If you look at ecosystems that have really exploded, obviously Ethereum being the prime example in the crypto space, they exploded because, there was a big interest in developing, in building, in business building that's ultimately what drives the users in after the fact.
I think the next five years of onboarding for Hive really entail. Going after those big business and investor developer types. And then in terms of users, I think, having the toolkits, um, and the support that's needed, uh, to get developers and businesses off the ground and building great applications, that's ultimately how you're going to get the users in.
I think Hive is very unique in a lot of ways. With the DHF, obviously being a big part of it, but also with the toolkits and how easy it is to build here and how many things are open source. I think it's severely under leveraged by people who want to build in this space. And, as many of us have gotten more active and.
Different circles on X and talking to different people in web three, there's a lot of interest in building and in building cool stuff and, building a business and a project. So I think the next five years are going to be really defined for Hive in terms of let's, get these people who are already interested in business, already interested in investing, already interested in developing things, get them to understand what they can do with Hive when you put the right tools in their hands, because in my opinion, we have all the right tools. It's just about getting it into the right hands.
moderator:
And we already have a huge community. We are 10, 000 active content creators on Hive. So we have the numbers. All we need is to actually get the community to work together, Frontends working together, dApps working together, doing something to achieve this mass option that we have been working for over the past seven years.
Elmer, Liketu is one of the dapps that are growing the fastest over the past few months. What are your plans for the next five years? How do you see hive? And especially what are you doing that is helping you attract more users to Liketu.
Elmer:
I think one of the interesting things is like you said we don't really know what's going to happen in five years.
I don't think anyone can say that they know, but we do have to take responsibility for what we can do. And so I think one of the ethos that we follow at Liketu is how do we give value back to the users all the time?. So it almost feels like a strange concept to me, but I feel like my job every day is to figure out how to distribute resources and value with the power that I have to, in the best way to the people that are participating.
And that's one of the central themes for why we're developing an on chain reputation system and with the likes as the signal because it allows us to allocate resources in such a way that what is it Inherently, a finite resource will seem like it is abundant, and we know that, a good economy is when everything seems like it is abundant.
When you go into a supermarket, you don't really feel like anything there is going to run out, even though inherently there is a limited supply of everything for sale. We live in what feels like an abundant society. For most of us, I know some of us don't, but that is only enabled because we have such an efficient free market.
Now, one of the things that having a transparent blockchain like Hive does is it allows us to capture those signals and it allows us to make better decisions on allocating value. And I think this comes back to what I was saying about how to get value back to the users. And now we develop a lot of Features and systems that allow us to return that value back to our users And I think our users really appreciate that and that's one of the reasons that's one of the cornerstones for why we're growing the way we're growing because people come here and they feel like they're getting rewarded for you know the marginal contribution that they have and they're getting rewarded proportionately to What they feel like they should be getting.
It's very difficult as a curator to fully know how much to reward and how much to allocate here or there. Obviously your voting power is a finite resource, but if you could capture just the right amount and have a signal, then you can allocate resources in such a way that it almost feels like there are unlimited resources to distribute here.
And I'm very interested in this moving forward and also introducing it to the rest of Hive. I think in the next five years, I think we can leverage the protocol that we sit on already. It's already very powerful. We seem to forget that we have this built in attention economy.
And we always think about how we can be more like Ethereum, but I don't think we should do that. We have a moat that we can defend here. And it is one of the reasons that we're still here and we're still alive and kicking. We have a vibrant community, so I don't think we should forget that and we should leverage it a little bit more.
moderator:
And that is exactly why I am so excited about the future of Hive. We have so many dApps that are so different between each other. We are not competitors to each other, we have different value propositions. Different ways for the users to actually engage with each tab. So if each of us focuses on something that provides value, just like you said, with your reputation system that you're also going to share with all the other front ends, et cetera.
So this is what gets Hive going so many different people from different backgrounds, developing tools for the user that in the end. If they have a hype account, if they have a hype digital identity, they are able to actually jump into any, all of the tabs that we have in the ecosystem.
Peakdd is probably that I don't know if it's the top one or the top two, but it's definitely one of the most used front ends for long form content, I really want to hear what you guys are doing to actually retain these users and to onboard them constantly and what's your take on the next five years, man.
@Jarvie (Peakd):
All right. Next five years, huh? Someone previously said that we had like 10, 000 creators, but I want to assure people we have in the seven figure range in number of viewers, there's tons and tons of people coming from all corners of the internet from Google searches and other websites that are tied to all the content that has been created over the last, what, seven years. So there's quite a few viewers. So if we want to have a lot more creators coming in, and I think that's a lot what people are talking about for retention, but there's also a lot of people playing a bunch of games. Yeah, we have at least a dozen really involved user interfaces and probably that many in number of games with Splinterlands being a very large game with tens of thousands of users as well. But in the next five years, I would love to see Like success be the number of projects that are building on Hive more than a dozen really active games, like more than just are like in the peak open projects, which is the open source projects for all for the hive community by hive development community members.
We have 8 Developers working on like at least five different projects that are for all the user interfaces and, I'd love to see that number grow and it should grow larger with, and obviously there should be much larger projects as well. There are certain groups that are going to other blockchains, sucking them for huge funding rounds going nowhere because they just want the money, they don't have the vision and those Blockchains don't really have the tools for them. We know, we've talked to these other blockchains. They send us emails, we talk to them and we entertain their thoughts and they're like we could do all this on our blockchain, we talked to them.
They don't have what's needed. They think they do and they're like, oh wow you guys Yeah, we don't have that. And we're like we have it over on Hive. Anyway, so what's there, those people are going out sucking those other one’s drive money because they're not really there to build something awesome that continues.
They're just trying to get a quick buck. And so we hope that Some of those people will say, Oh, why don't we build things that actually create large communities? So in the next five years, well in the next year, I'd love to see chat implemented on every site and it's decentralized so that you could be on no matter what site chatting with someone that's maybe on a different site.
And then, we've done projects like Hive Statistics, which is open source. We'd love to see that integrated in lots of fun ways. And soon, we've basically been centralized with one wallet extension that can do actions on different sites. So we're already using our wallet software in testing right now to do actions on different sites.
So we'll be decentralized in that method as well. So I think just more and more decentralization. Yes, we could think about all the cool things that the back end developers can do with blocktrades and others with big goals with their H. A. F. System and potentially, smart contracts, but we can't depend on that right now because that's still just a maybe what we have right now is amazing and we can do so much to build an ecosystem and this town hall helps with that because then other people create these projects, doing businesses can see, oh, I have a support, I have a community. That one guy that's talking on the town hall is doing something similar. Maybe I can reach out to him. I'd have a way to reach out to him.
And we can grow the community that way. I'd love to get in also things that people have tried in different ways, like polling and voting is a thing. I'd love to see a good decentralized method that you could, on no matter what site, use that system and people can interact with votes and polls in kind of a soft consensus sort of way.
And one of the developers on Hive is working on that project with us, and helping on that too, as well. So I just like to see a lot of these tools and a lot more get developed so that any project coming into Hive has a really rich ecosystem to work with. So that's the next year. If not. Obviously 5 is way down the road.
moderator:
The key is to keep building and the key is to keep giving the users more options, more alternatives to what we already have, not to compete, but to allow the user to just choose whatever they want. Bookerman from wrestling organization online, they are not a front end, but they are a game and they want to add something to the conversation.
@bookerman (WOO):
I just wanted to hop in real quick. And I know you were talking about bringing in users over the next five years. And what we are actually currently working towards is leveraging our position with, and our relationship with former professional wrestlers to help drive more viewers to Hive.
And if you're not familiar with what we do, We are a wrestling organization online, otherwise known as Woo. And we are a video game that is partnering with former professional wrestlers, retired professional wrestlers to help bring awareness to their issues. And like I said it works both ways by us partnering with these wrestlers, it brings more eyes to hive.
What we're actually doing in that regard is we're building front end websites for each and every one of our partners. Currently we have eight partners and that list is constantly growing. And those front ends will not only talk about the partners and their stories, but it'll also have direct links to hive and it'll have feeds, almost like an RSS feed on the page where people can see posts that are written about these partners. So anytime anyone searches for one of these wrestlers the chance of that website popping up for them and possibly bringing them over to Hive is much greater than not. We are very niche where we are plugged into specifically the wrestling community.
And the thing about Hive too is they didn't really have a wrestling community on Hive before us. So we're really trying to bridge that gap and bring just the average wrestling fan over to Hive. So they could talk about wrestling, talk about the pay per views, talk about their favorite wrestlers and see some of these wrestlers come over to Hive.
And start posting their content on Hive in a decentralized way and earning from it. It's actually a really cool collaboration we got going. We're also going to WrestleCon and San Diego Comic Con. And the cool thing with that is, we'll actually be giving... People free eight by 10 pitchers. All they have to do is sign up for a hive account.
So we're going to be handing out three pitchers with our wrestlers, again, we have eight partner wrestlers at this moment and all they have to do is join hive. So I think it's a nice little angle. We are working towards that this year and over the five years really the sky's the limit. I appreciate you guys for having me.
And I'm going to go ahead and shut up now, cause I don't sound as awesome as Elmer. God, he has a great voice.
moderator:
What you guys are going to do with the comic con and with all of the actual in real life outreach, which is something that we might need. Maybe we don't need it, that's up to the founders to decide. I'm going to go with Grampo to hear about his takes on the future and what he's planning for the roadmap over the next five years. And then we're going to go to Vaulttec. He's gonna help us with a little intermission. So the founders can think of things to add to the conversation.
But yeah, Grampo, five years from now, Waivio, Hive, what's up?
Grampo:
Five years, obviously, is a long time. So we on hive have a very advanced layer one. Development teams. We're building apps, and it's amazing to hear all of the updates and all of the visions that can be put forward by people who understand development and actually have developers working with them.
But with way view, what we want to do is to allow this level off creativity to be In the hands off just regularly users so that they're not only able to create content whether it's long form, short form updates on their fitness activity, but in fact, building pretty complicated projects whether it will be in, fitness and beauty and hobbies like, I don't know, fishing, traveling, hiking, camping any specific interest and allow people to build their own websites their own social shops with the active social feeds. So that basically it's a social community around the topic. And allow and basically give enough tools for people without technical knowledge to be able to build their custom projects on Hive and leveraging specifically the web three advantage where for example, like just, I'll start with a comparison, like in a regular e commerce world, every project is an island, so they have their own database of users they basically create their Database of products, trying to collect user reviews and everything here on Hive.
It doesn't matter how small your shopping project is going to be. On your website, you have full access to the entire depth of knowledge, which is already stored on Hive blockchain. You don't have to be a developer to build very sophisticated projects. As a next step, we envision bringing social influencers from other blockchain, not blockchain necessarily, social platforms to start their social shops on Hive specifically because this type of functionality is simply not available on platforms.
You can go to Squarespace and create a website, but that's going to be a brochure. If you want a continuously updated social shop, you can only build it on Web3. You can only build it on Hive and we can bring advantage to influencers on other platforms where they can monetize their audiences, where they can monetize their followers and basically invite them to Hive.
We have a reward system. I can talk for a long time, but I hope it gives an overall idea as to what we see in that space. And guys from the audience, if you are not following Waveio, that's at W A I V I O, basically it came from the word waiver. So basically where you have some something, like a knowledge or information and you waive rights.
So basically you give it into the public space. So in this case, for example, like if I'm a manufacturer and I have products, I have a catalog. Publish it on the high blockchain so that now everyone can use it in their project. And if I update that information about the product, so it's automatically updated in all of the shops.
There is nothing else to do. It will be automatically updated. So that's where the Waivio name came from.
moderator:
Amazing. And guys, we are currently the top two spaces in the whole Web3 ecosystem on X right now. So we just need a few more users to join the space, spread this. We still have an hour to go share it with your friends on Discord, on threads, on Waves, on DBus, just tell people to come.
This is actually a great way to reach out to more people from outside of the Hive ecosystem. And we have @ecoinstant here. He's the founder of Dreamr, an app that is not yet out, but he's here to give us all the alpha. What's up Ecoinstant?
@ecoinstant (Dreamr):
Hey guys, how's it going all good around here? I Love hearing everything. Now some of you may know me. I do a lot of different stuff. I got my eco bank project, I run the income synergy fund. I recently Joined up with Hive Colombia. We're working to onboard, continuing the success that Venezuela, the Hive Venezuela team has had in Spanish onboarding. And there is this project that I've been working on for a while.
You can, you guys can check it out at crypto dreamer. com. And it's really an alternative. To onboarding. It's something I've been working on for a while. We've completed the alpha stage this year, and we're going to be launching beta really shortly. But basically this is a way for groups of people, masterminds, you might call it, to collaborate on a single Hive account.
So you, let's say you listener have a Hive account, you have an idea, you want to make a blog, a content, a specific niche. And you have your friends, they can write content too, but they don't understand crypto. They don't make an account. It's easier than ever, but still, you gotta learn stuff, Hive Power, RCs, so Dreamer is a platform where your friends can log in with Twitter.
With Facebook, with Google. We don't actually have Google integrated yet. That one's a little trickier. But we've got Twitter working. Facebook is, I think, mostly working. And they can submit a post. They can, they have an editor there. They can upload their images. They can submit a post. And you, the holder of the key, do not have to share keys with anybody.
You log in. You see their submissions. You can edit it and you can post it with Hive Keychain to a shared account, an account that you can manage and you can share the rewards with your community, however you think our alpha testing we did with the Kinta Essentia account. And what we just did is we said all the HBD that your post earns.
We're gonna give that to you and I was a broker. I paid him out in pesos, but a lot of those people Eventually made hive accounts. They said it clicked through them. Oh My gosh, I am writing content and I can have my own account Yes, so it's a way for them to get involved before they have an account And if you could check out QuintaEssentia account, we put it, right at the top, the author's profile pic, the bio, this is the person that wrote it.
We had six different authors successfully publish posts on QuintaEssentia during our alpha period. And we are looking for people, communities, projects that are interested in teaming up with us for our beta. That would like to manage a single posting account with multiple people with or without Hive accounts.
So just reach out to me on discord. You got to send me a friend request. I know I've talked to Django about this in the past. I've talked to a couple other communities, but it's real, it's coming and that we've had a lot of success and we will be launching hopefully by Christmas and open beta for anybody who wants to try this out, manage a group of writers without sharing is on a single hive posting account. That's what it's all about.
moderator:
It sounds like the perfect Christmas gift for the hive community. And I'm looking really forward to seeing how the better version looks like.
We have Vaultec here. Can you tell us a little bit about your proposal? I can see that it's only 450,000 HP of support to actually surpass the return proposal. So do you want to tell us what is this proposal about in very simple terms so that everyone can understand what they are voting for in case they decide to do so?
@vaultec (VSC):
So this proposal is the very first VSC DHF proposal. And so what that means is it's the kind of first stage of our development over the next four or so months. And that is to build a very basic VSC test net.
And then also alongside build a very basic fairly basic at first form of Bitcoin, decentralized Bitcoin wrapping on VSC. So that testnet would just be the main kind of bare bones of what VSC does, which is... Decentralized smart contracts. Bringing decentralized open use smart contracts to Hive, meaning that anyone can go in and to deploy a smart contract.
Right now with alternatives like Hive Engine you have no ability to actually deploy a smart contract. So there's no customization you can do, there's no app specific contracts, it's all these very general smart contracts that only one person can deploy, and there's no customization.
On top of that, there's no built in scalability. We're also aiming to have everything on IPFS for VSC, mostly everything aside from some on chain stuff. Making it hyper scalable, anyone can interact with VSC with a non hive account. You can just have your off chain identity and then you can go in and...
Interact with VSC smart contracts as if you're a normal I've used it no different so easy onboarding being able to bring in users from other ecosystems and have them log in and interact with smart contracts and then also being an open an open interface and I can go into a bit more details, but So to sum it up, it's decentralized smart contracts on Hive.
moderator:
No, we actually want more details. So if I was a normal user or if I was someone who doesn't know what smart contracts are or how valuable this is to have on the layer two and to actually have wrapped Bitcoin as a tool for this, how can someone or how can we put this on simple terms?
What is a smart contract and what does it allow the Hive user base to do on the Hive blockchain
Vaultec:
So a smart contract is essentially code that an application or group developers have created. And that code is essentially it's law. So if you have some action that you want to do or specific let's just say you have a decks and you have two people, two parties going in.
And you are saying, okay, this person wants this NFT for ten hives. And they agree on that they put their money into the smart contract They put the nft in the smart contract to put the money in the smart contract And then when a smart contract realizes that the conditions have been met for both of the trades that this person wants 10 hive or 10 hbd, then this person wants this NFT instead, then they would execute that swap.
So it effectively allows us to program not only just agreements between people for trading that's completely trustless, but also entire kind of systems, customizable systems on chain that operate without a server and without any kind of user intervention or human intervention to actually run these things.
So if you have something like a domain name contract where you might register something in there as like a domain name that can be completely trustless and completely devoid of an actual server, it's all running within that smart contract itself. And then again, for the NFTs, for example, you want all of your NFT metadata just stored right on chain.
It's stored in a smart contract. You can trade you could mint you could do all of that through this autonomous, system And then that code can be whatever you want so people can program their own smart contracts They can customize it can write new forms of tokens new forms of nfts they can do maybe a dedicated one for games where you might have a game nft that has some special property about it maybe you want to have a Some you have a character and then you can give them armor or give them a sword and each one of those are components of the nfts and so Building that framework that allows anyone to go in and really write that code is very powerful.
It just means a whole end of of like Customizability for on chain logic, like right now, really what you can do on chain is fairly basic. You can just put your custom JSON, you can do transfers and that's about it. And that's the same for a lot of different chains, even like Bitcoin and others.
But then with Ethereum, you see the smart contracts are going to go in. You can create a smart contract that now allows you to do all of these different things. It's a massive ecosystem, much bigger than just transfers. And those very basic operations So it just opens massive doors for Hive, I think, and especially doing that on a layer two helps by making it easy to onboard as well and limitations that it uplifts.
moderator:
This is basically going to be Hive on steroids. We already have a lot of capabilities, but with this one we are actually going to be able to do so much more at the layer one level and also at layer two. So if you're not voting for this proposal and you like what VaultTec said, or you want to do more research, you just have to go to @vsc.network on the front end of your choice and check it out. It's their latest post. And yeah, so I thank you very much VaultTec. This was very informative.
McFarhat:
This was fantastic. I just want to stress on the idea about collaboration. And supporting each other. We're seeing so much growth in the ecosystem of hive and what everyone has shared on the call is amazing. From our perspective as actifit, we really stress on the concept of supporting and building together.
Improving what doesn't work and supporting what works. Like for example, the VSC case, we really love this initiative. We run a node in support of VSC. With with with pt for example we integrate stink chat to our to our app and then to our web. And we run a node in support of decentralizing it with threespeak.
We run so many nodes in support of the SPK network. We just love those initiatives with which are mostly focused on, on open source decentralization. And that really work, and if they don't get enough attention. And they are not spread enough on the network and the different apps are not leveraging.
This the strength that is there. They might not reach the proper audience. For us, people who are coming for fitness they stumble upon stink chat. They stumble upon a video content. They find all of these different ideas there. They start using it. And this from our perspective is a very important.
One of the wings for hive to fly because you really want all this functionality and to expose the whole ecosystem. On the other hand, the social promotion and everything that's happening, we also love what Leo are doing. So all of this promotion that's happening over there this whole social exposure.
This is important. This is critical to just spread the word out there. Just tell everyone we're here, we're building, we're doing that, share what everyone is doing. From our perspective with actifit, whenever we find something interesting, we share it. We share news about hive, about the different daps, whatever we find.
That's essential to share and to spread the word And to let people know about what's really happening. So we just, for example, had recently an event here in, in our, in where I'm based in Lebanon. We had a brochure and we put in around eight daps on hive just to spread the news about people to bring their attention.
So you're getting paid to be fit, but there's also this and this and this and this on Hive, there's there's 3Speak, there's Liketu, there's InLeo, there's there's Dbuzz, there's all these different components. You just gotta tell people about it, help people build, collaborate with the infrastructure if you're technical enough, luckily we are technical on our team, we run more than 20 servers just in support of Hive and the different initiatives. So wherever you think you can contribute from our perspective to building and growing Hive this is where we believe is the future.
moderator:
McFarhat you actually already started section three. Thank you very much because that's where we were going. I knew it. I knew it. So I'm going to shut up. I'm going to let the guys who know what they're talking about, the founders. We have a bunch of founders here who know they, they have probably around 30 years, maybe 40, 40 years of experience on building on Hive and building a community here.
Guys. What can we do to improve Hive? How can we tackle the problems that we have or the obstacles? Just try to make this as building as possible. And I'm just going to let Nifty add to the conversation and maybe spark some topics so that you guys can actually share all the alpha and all of your knowledge.
moderator:
I was just going to jump in and say please put your hand up. Even if you're just going to jump in, put your hand up so other people know you're going to jump in and then, whoever finishes speaking, you can jump in after. But I want to take it to a more general sense, everyone here that is a founder, that's running an application, a front end, a game, whatever it may be. What. What are some wins that you've seen from your onboarding initiatives?
Anything that you can share alpha wise with the other founders project leaders that worked for you to grow your user base. We're all here looking to grow together rising tide lifts all boats. So if you have some insight into things that work in terms of bringing new users to your app, but of course, bringing new users to Hive as a whole, please share those. So I want to start it with that. Whoever wants to jump in after me, put your hand up, jump in.
moderator:
Yeah, so maybe to spark the conversation a little bit I do think that social media, Web2, regarding that front. We as Hive, as a community, as an ecosystem, we, and this is just my personal opinion and maybe someone else can refute it, but we are spoiled in the sense that since we have the social side built in Hive and we don't really need to go to web to 99 percent of the projects out there from outside Hive.
They need web2 to spread their vision. Since we already have the social side, we find that it's not needed. And we realized that we have been building for so long. But we haven't really focused into building a Web2 presence and whether we like it or not, that's where our target audience is.
They are on Medium writing long form posts, they are on Reddit discussing topics, they are on X or Instagram sharing short form content. So I do think that since we already have the social site, we have neglected the Web2 experience and that's where our audience in my opinion, we should focus as a community, general community, the Hive community we should try to have more, a bigger presence on web two and how do we do this with spaces like this one, maybe we can organize a space every week with different panel rotation, maybe two or three founders coming in.
Speaking about a topic that interests Web3, Crypto, Twitter, and then try to attract them through our knowledge, through discussions, through things that can actually help them. And they will be like, Oh, so these guys know the shit. How? Sorry, this is a town hall. I shouldn't have said that. But, but we know what we're talking about.
So I want to know more about them. So they go into our profile, they see that, Oh, I'm building on peak D. I am building on like to, Oh, what the hell is like to, I'm going to go there. And then we bring in people organically. I know the founders are very busy, but. Maybe we could try to have a team of people from each front end to do this and to actually try to reach out to more people.
This is a very good organic strategy. So what are your thoughts about it?
Chris:
Okay. So in addition to reaching out to Web two, which we could all see that InLeo is doing very well at spreading the hive message on the Web to D bus has been primarily focused at in real life events. And that's why we're going to be partnering with schools where we will not only introduce hive to the schools and the students, but we will have a consistent presence at that school.
Okay. From onboarding to following up to educating to guiding to encouraging, and I think that's if we're going to on board thousands of users, tens of thousands of users or more in 2024 that actually stay around and are retained. I think the in house Education. Partnering with schools is definitely the way to go.
And I don't think it's a coincidence that Facebook is rumored to have been started at a college.
@nathansen (Dbuzz):
So just to touch on that over the last few months, I've sat with Chris and talked with Chris quite a bit about our marketing strategy hive. And an opportunity that kind of arose in front of us was going into one of the colleges here that has about 5, 000 students, and they don't have internet access for their students to be able to use.
And so one of the things that we're going to be doing over the next month. Is setting up Internet access there. We have all the equipment here now to set that up and set up a captive portal on that Internet connection. And we still haven't completely determined what the requirements will be, but basically give.
Free Internet access to all of the students on the college campus. Where they can use the internet and then have some kind of requirement for them to interact or create some action on Hive or interact with one of the Hive dApps as a way for them to gain access to, to use the internet there.
So this is one of the things that we're currently working on. We feel like with a campus with 5, 000 students, if they came on a platform like D Buzz that if all of the students there were using it it would be a lot easier to retain users because one of the issues that We've seen is we onboard people, but when they come on the platform, there's no one that they really know or the users are quite low compared to platforms like Facebook or Twitter where they do know, all their friends and family are there.
So being able to onboard a group versus individual is something that we're really going to be focused on and how to retain those users versus it just being a short use of the platform and then they don't continue to use it. So yeah that's one of the main things that we're going to be working on for the rest of the year and in the upcoming year.
Is how we can work with the colleges here to onboard their students and also provide them some services. I think that 1 of our writers that does the D bus blog, which we're going to be changing up quite a bit, is going to be doing some training courses. And some of the colleges on creative writing, because we don't want to just go in on board people onto hive.
We also want to provide some level of education. So they understand that this is not traditional social media, that the standards are a little bit higher than the content that they post has to be original. And meaningful for them to post on the content if they want to get traction on the hype blockchain.
moderator:
Yeah, love that. I think the school approach, the college approach has got a lot of potential if done in the right way. So I love that. I want to ask the question too, though. What does retention look like from the side of apps? And this is for anybody that wants to answer.
I know Booker man, you've got your hand up. So do you want to jump in for that one?
BookerMan:
Yeah I really wanted to touch on what was being said too, and I agree wholeheartedly with D Buzz and the more IRL, in real life events, and that's something we're looking to do also with our user acquisition and onboarding.
And one thing we're actually currently working on is we're actually getting some actual wrestling title belts made by the guy who actually made the WCW championship back in the mid nineties and before. But anyway we're getting a woo title belt built and we're also actually getting a hive title belt built.
So it's going to have the hive logo on it. It's going to have a bunch of hive D apps on the side. And the cool thing is with this, and I know we're specific, we're niche, like we're very targeted. But, man, every wrestling fan loves taking pictures with the title belts. Like, when you have a title belt, and it's gonna be in all the tweets, all the pictures we take when they're taking pictures with their favorite wrestlers that we're partnered with.
For example, in Philadelphia for WrestleMania and WrestleCon We have eight partnered wrestlers, and a good majority of them are ECW legends. And I know that might not mean a lot to many of you, but ECW was a very popular wrestling organization back in the 90s and early 2000s that is actually headquartered, started in Philadelphia.
So our partners have a huge amount of weight. In that area specifically and one of our partners, Perry Saturn, he hasn't been out to any events in. Over a decade, he hasn't been to an autograph signing in over a decade and people are excited to see him. And he's super behind Hive.
He loves Hive. Actually, he talks to me about it all the time. And one thing we're looking to do is actually also get our partners to put content on Hive and work with actual wrestling organizations, like independent wrestling organizations and have them put their content on Hive. A big thing in wrestling is with the dirt sheets and results of different matches.
For example, if you're a small wrestling organization that just ran a local show you might have a video of it. You could put that video on 3speak. You could start earning from it. You can also have a post that gives you results of how the match went. And it can all go back to your website too, which is nice, which...
The website would bring people to Hive, Hive would bring people to your website. We're actually partnered with a few wrestling writing sites, article sites, news sites, and we're currently working on bringing them over to have their content put on Hive in an immutable way, censorship free.
And these are all things that I think will help Hive, and I know wrestling is niche, but there's value in that. There's a bunch of value in having something super targeted. Because when we bring in a niche audience, they have a community to talk about their niche thing. They can now talk about wrestling.
Oh, did you guys see the recent pay per view? What do you guys think about this wrestler? Who's your favorite dream match? Those are going to be easier to retain than just a broad audience that is just brought into Hive and doesn't have a community necessarily that they're a part of. If you just come on, stumble onto Hive you're going to be retained by finding a community that you enjoy and it has to do with something that you are passionate about.
So again, I just wanted to reiterate, I think these IRL events are going to be great having those title belts. I cannot wait to show you guys what those are going to look like. Those I've seen some concept art, they look sick and that hive one looks really good. But having those at those IRL events, having those at San Diego Comic Con, and again, giving people value.
These wrestling fans come in and they're used to paying 50 for an autograph and an 8x10 with the wrestler, and a picture with the wrestler. And what they're gonna get is for free, they can have 8 of those. 8 signed 8x10s and 8 pictures with their favorite wrestlers of ours. All for free, all they gotta do is sign up for Hive.
Super easy, and then get them on the community, start talking about the wrestlers, tell them about, Hey, come on, post the picture on Hive and you'll get rewarded. And it's a great way to introduce them and keep them. And that's my time, boys and girls.
Jarvie:
You know what? Some of these stories of what these different projects are doing to bring in people and then hopefully retain them. are actually quite fun to listen to because it's the creativity that different creators and projects and business people bring with them when they come into the Hive ecosystem.
They'll all have their own little strategies like what WOO was saying. So what I'm more interested in is bringing in lots of businesses and lots of projects like this, the onboarding and the retention of projects now. I will say word to the different UIs and projects that come in that over the many years, what hasn't worked for retaining is like these money strategies, like these things that are like, we're going to make you rich.
Those things haven't worked. They've brought in people, but it's been other stuff. That has retained them. And then during bad bear markets, a lot of the people that STILL didn't have the why of staying left. Because they were like, Oh, there was some OTHER project that was gonna give me A hundred dollars a day, Hive was only going to do this, so they kept on running around searching for things, so that's my word to those projects that are coming in, but as you can see, with all the different projects that have been talking here, they all have their different little strategies, so the My hope is that we find ways to onboard and bring in different projects.
I believe Eric was talking about having more of these @town-halls, these sorts of town halls can be a method to bring in projects and retain them so they can have discussions so they can have these types of town halls, which I consider more of here's what I'm doing town halls, let me show off for a little bit, but I'd also love to see other town halls that are more about building discussing coordinating town halls. What are you doing? Okay, we're working on this. Let's discuss a feature set that we'd all benefit from, or at least quite a few of us would benefit from.
Discuss maybe a protocol that we'd all benefit and be happy about, and then who can help work on it. And let's get it done so that this exists. To rise us all up. So if we did that in a town hall fashion, even here on, on X, then it can be live, even though it's like projects working on a thing and discussing almost like a work meeting of sorts, that's still open to the public and to Hive users.
So the non Hive public sees it, look, this blockchain isn't all the other spaces that just talk talk. And never get anything substantial done, they're all theory, no action, and they're saying Hive is like, freaking doing stuff, they're building things, and these projects are benefiting from what exists on Hive, that's awesome, and then the Hive Users that come in and listen will love that Oh, stuff's getting done because so much of what all of us front ends are doing is behind the scenes, behind the curtains, they're not seeing it.
And when they see it in action, they feel the momentum they, I think that will work towards retaining users, but also the, again the businesses will have a place to come in, ask questions, ask what resources. Exist for them. We can answer that sort of thing. Just so I like that idea, Eric. I think that was you that talked about future town halls.
If we could have a few more that are more working ones and we could still have the show off ones as well. Because that gives users an idea of what exists. Those ones are also needed. That's my thoughts on this subject.
moderator:
Exactly. Sorry to jump in before everyone with the hand raised. The point of these town halls, it's exactly that and this is just the second one, but... We want to have one every month. If we have people from the community saying, Hey, let's just have them every two weeks, we can actually have them. We can approach topics and building from different places or from different approaches. So yes, Jarvie, a hundred percent.
Elmer:
I just wanted to reflect on some of the points made earlier by I think it was NathanSen and the guys at DBuzz. Great work, by the way. I just wanted to talk about what we call value4value and when we talk about onboarding people from in real life what are they coming for?
Because one of the issues that we found was that if you bring people to your platform, you can get a lot of catchment fairly easily. Okay. The problem is why do they stay? And we have to be honest with ourselves here. There aren't a lot of reasons at the current stage that keeps people here apart from the financial side.
And that gives people mercenary attitudes, right? We attract people who come for the rewards. And then when they're very low, they tend to leave. Now that's something that I've tried to address over time. In fact, when Liketu initially launched, we didn't even put up the rewards, we didn't want people to be participating because of that.
But then we found that as soon as we put it up people started coming, obviously that's a big side of it and we shouldn't ignore it. However when we're talking about onboarding masses, we have to realize that we might be setting our goals a little bit too high.
Something that has worked very well for us, is we've focused on workshops and supporting grassroot communities that are able to become bigger demographics. For example, we worked with a lot of Venezuelan communities, the Holos Lotus, the hive’s red carpet and what we've done is we've tried to support them, help to engage with them help them create initiatives to run on our platform and then what they do is they bring their user base and their communities onto our platform and they tend to stay because, we have a relationship with these people and initially it's not going to be like 5000 students.
It's not going to be the masses that we all hope for. Yeah. But the thing is, these people are solid in foundation, and that is something that I think we're not doing enough of, which is laying a very strong foundation so that we can lean on this as we grow. The moment you start to try and bring in 50,000 people, tens of thousands of people, you have to think about how you are going to keep them here.
Okay, what is it that's keeping them grounded? Now, if it was someone who was creating exclusive content and they were ultra internet famous, then maybe yes, people will stay here because that one person is going to stay here, but it's very difficult to get that one person to just be hive exclusive, right?
So again, I go back to how do we message deliver a message that keeps people grounded. And it isn't misdirecting them in the sense that, oh, we're just here to give handouts because there is a lot of confusing messaging going on right now. And I think having a consistent message.
Will help all of us and like I said one of the ways that we've decided to go about the way that we do Things is to support communities from the grassroots up and that's from our own pocket as well. We're not using any money from anywhere else but our own pocket and I think in that sense it helps us stay grounded as well.
I mean we could go crazy, but you know when you spend your own money you're more careful about how you go about it, right? So I think this is a lesson that we could all learn.
Ecoinstant:
Let me jump in here, wrap up a few things. So we have a saying in Spanish. Si haces una cosa, no haces la otra. And this is Hive's big problem. When you do something, you're not doing the other thing.
And I know probably everybody in here has experienced this. Hive is an ecosystem. You could do so many things here, but that is at the same time that it's our superpower. It's our biggest weakness when it comes to marketing we need. And so I love what Jarvie and the WOO guys are saying, what Elmer has been talking about, so if Jarvie is focusing on onboarding, But he's focusing on onboarding projects.
Something to can be focused, focusing on supporting smaller communities and those smaller communities like hybrid need to be focusing on attracting and retaining users. Like we can't each do everything. We need to focus on the niche, the niches. That we have here on Hive. Everybody needs to like work really hard on what they're doing and that is not to do less, it's actually to do more.
We're going to get more done if we focus, we really drill down. That's how marketing works by the way. You can't... I'm doing some work with tourism here in Columbia and you can't make a site that says visit Columbia. There's a thousand things to do. You need to make a site that says, come climb this waterfall.
And then when they're there climbing the waterfall, you can say, Hey, there's some other things. Are you interested in any of them? But you need to be very specific. That is how marketing works. So And just to tie on to that, and then you, I'm fine to be rotated out here. Great conversation today. I want to and I know that Leo is working on this.
Eric has reached out to me. I would like for some of us. to create a small mastermind group around Twitter. Twitter or X is a really powerful platform and we've been in the hive space and even before with Steam we've been trying to use it, we've been trying to figure it out. I think I've been reading a lot recently and researching I think a lot of us are going about it the wrong way and I think together We could maybe make a small group of people to focus on best practices and really extending our personal brands and mention Hive sometimes.
Not every single tweet we write about has hive in it because I don't know if it's shadow banning or I don't know I don't know if it's just really annoying and people just don't like that But we need to work together to use Twitter. These spaces are fantastic. We should keep doing them I love the idea.
I don't remember if it was Jarvie at this point who said it, but let's have different types of spaces. I love the town hall, but there's some things maybe in smaller groups we can dive into. Let's continue to work together to use Twitter to its maximum potential. We are, we're getting into excitement mode again.
So all the effort we put in now is going to be multiplied tenfold. Let's focus on doing and focusing on the things. That are the right things and maybe just step back a little bit from generically promoting hive because that's not really working in my opinion what i've seen the generic high promotion is weak But the very specific Wrestling niche is going to be really effective for people interested in that niche and that can be applied to a thousand different niches.
moderator:
I think marketing Hive as a general thing is not really not very effective, just like marketing Amazon Web Services to a regular user. They don't care about that. They just want to use their app that they want to use.
More Focused marketing is definitely a huge key factor to bring people in.
Grampo:
Actually I have a vision which I want to share, and that is making onboarding to Hive profitable. Just think about it. Today when we're just onboarding regular users, you cannot charge money for this, for that education that you're giving people.
But if you're helping people, educating them about launching their own, let's say social shop which actually meant to generate revenue, which can be profitable sometimes through advertising and the shop itself. is actually a full featured Hive front end. When you're running your shop, it has all the user profiles, people can do transactions in their profiles, they can sign up, they can participate in topical discussions.
But now we can have basically people on Hive that can learn how to launch these shops and then provide this as a service. They can actually teach other people or help them launch. So we, maybe we're approaching such a stage where basically educating people about Hive can be a very interesting profession on itself.
moderator:
Yeah. And I just want to echo on this. So we really need, just like Elmer said, we need a consistent message. I don't think that the Rewards to bring them here to bring users here is the way to go.
Yes, they are a plus, but I also want to add, and maybe the founders can consider this for their marketing, but we should focus on digital identities and how web two doesn't allow you to keep your content, to own your data, to own your followers that you cannot get de platformed. The digital identity concept can actually get us somewhere.
The rewards will be a plus and the community will make them stay, as part of the InLeo team, but also as a regular user I'm going to a lot of spaces, I probably attend four to five spaces every day. I speak, I try to build my own brand so that people come to hive through me, but not as a shiller, but just as someone who can add something to the conversation.
And what I use is, okay, you can come through Leo because that's the way I do it. But whenever I bring someone in, I tell them we have all of these dapps and you can use the same account for all of them. And maybe inLeo will not retain them, but maybe Liketu will, or maybe threespeak will. So as long as we bring users to hive and they stay because of someone else. That's also fine. The key is to all bring in users and then the whole ecosystem retains them.
Khal:
There's this famous story about Genis Khan and he ruled over one of the biggest empires in history, and when he was dying, he passed it on to his sons. And in doing that, he took one arrow and snapped it over his knee.
And then he took a bunch of arrows. And tried to snap it over his knee and obviously couldn't. And he basically taught them a lesson that when they take over his empire, they need to work together to keep it together and to continue their conquest and keep growing it.
I'm a firm believer in, together you're strong, alone, you're weak.
I really think. And I like what Eric said about having a consistent message, you need to have a consistent message and you also need to segment people, in my opinion, and you need to deliver the message to the right people at the right time in the way that they need to hear it. You have a narrative about digital identities for the average user and in my opinion, that's that target audience. There's plenty of people out there who are looking for a digital identity that can't be taken away from them because, maybe they've been shadow banned or outright banned or, they've had a friend removed from social media. So they're, that's what they're looking for.
And then there's other creators out there who are looking for rewards, and they're looking to build a personal brand. And so they need a completely different message than a digital identity. And then there's developers out there who are looking for work and looking for a cool place to build, fun technology that pushes the world forward in a vision they believe in, and that's a whole other audience segment to target.
And then you've got entrepreneurs and business owners who can be targeted in a whole other way. Jumping back to what Jarvie was talking about too, with having different town halls for different, different aspects of onboarding and teaching people about, what Hive is about, like you've got I could see a vision of, a town hall for digital identities where the whole discussion is, by the users for the users, why they believe that, you Having a digital identity is important and, talking about that, I could see a whole other one with, the Hive core devs and, project owners and other developers that are in the space in the Hive space, talking about what they've built, why they're building it, why Hive is, where they're building, talking about what they've done this week, this month I've seen a lot of other projects, that do that, obviously I follow Thorchain pretty closely and they do, they've got dev town halls, they've got community town halls.
And it's, you can see that there's a lot of new people that come into those town halls and they're just sitting back and listening, trying to gather an understanding of what that blockchain is about.
And I could see, different town halls happening every single week for Hive in that way.
And then, Grampo was talking about making referrals or onboarding profitable. And we've been working on this referral system that's on-chain that uses a percentage of ad revenue and rewards and the rewards pool to actually reward people who refer people into the ecosystem and sign up for an account.
I also agree with that, that's a huge way to get new people in. And then you can also keep them more engaged and retained over time. When you look at things like friend tech, they exploded because of referral systems and influencer tickets. So in my opinion, that's going to be another key piece onboarding.
Nathan:
Yeah, so I just wanted to touch on what EcoInstant was saying earlier about setting up some groups for us to mastermind together what's actually working for other people on onboarding, because if we all go out and try to, reinvent the wheel ourself, instead of looking to see, what's working for other people and try to implement similar strategies.
Or just to have those discussions, to be able to discuss like what we're doing and, the results that we're getting from this marketing campaign that we're doing because we've done all kinds of different marketing and had varying different success on it. And we found that in person meetups and targeting communities has rendered the best results, and that's one of the reasons why we feel like going into the colleges and providing services and internet connection to colleges in areas that either they can't afford it or it's not available doing the work to get the infrastructure put in place so that these colleges are brought online and have internet connection for all their students.
And yeah, so I would love to talk to other Hive dapp founders about this and see what we can share with each other on, on different successful onboarding and retention strategies.
moderator:
Yes, this is why we're here, we need to work together, just like Nathan was saying to bring the masses, and everybody going out with one, one single strategy is not going to really work yeah, that's why we're doing this thing the Town Hall is to bring people together, and we all want to see Hive grow at the end of the day.
@howdaryllrolls:
We've definitely had some interesting experiences trying to onboard people, but we found that it works best to really target the people who are the most receptive.
If you go back to the dot com bubble, it was only nerds that used the computer. And those nerds did have a vision for what things are today. And, we all know Amazon existed back then. Bill Gates existed back then. So I think one of the core things is if we can find the most receptive people, a IE for us people in Brazil, because for them, making five, 10 on a skateboarding post is life changing money compared to, for me, that's like buying a coffee and maybe a donut.
So we find that it's more receptive there. And then when you can build that core. We've been branching out into things like cross posting with NARS a completely different project on Ethereum and I think they moved to something else. But we're working on making an app that's going to be similar to how when you post on Instagram or you post on Facebook, you can have it cross post over into this other app like Facebook or Instagram.
So we're trying to recreate that, but for the Web3 community and those people who are receptive from there. And we feel if we can build that really strong core community that then starts going around the world putting on events and skating around the world, which is something that's a lot more attractive than talking about crypto and the rest of the, trying to explain it to the Web2 world.
We've started to see a lot of success in that sense as well as um, I just had something in my mind and then I immediately forgot it. But yeah, generally we're, we have one of the most famous skaters in the world on our project. He's posted multiple times and I would think that would be something that would be like, oh, now thousands of people are going to join, but we still have to perfect that relationship and make sure we're doing it as good as possible so that it is appealing.
And I guess I, oh yeah, the thing that I was thinking of that I forgot I often like to, when people, when, instead of trying to explain how Hive works, which is overly complicated, I like to explain how Facebook works and how they're giving up the value that they're creating to these giant monopolies.
And that's usually one of the things that, that people get no matter what, uh, type of world they're into. They don't have to be complete nerds to know that Facebook is evil and not good. That's, those are some of the approaches that I've taken.
moderator:
Guys, we are going to do a recap of this whole space on @town-hall. We're going to upload the whole video to three speak and we'll also do a brief about all of the takes here and what we find valuable so that the community, it's up to you to subscribe to these strategies and align with these mindsets.
And for the founders, it's up to you to collaborate and create synergies. We are only the medium to help you guys create synergies. So hopefully, this brings a lot of value to Hive. I can already see a lot of people hyped about the future of Hive, just because we are coming here together and trying to build something as an ecosystem.
moderator:
I'm just ecstatic that that this is going very well and I'm loving everything I'm hearing here and I think we're we're getting ready to move into a more open section where we're gonna rotate in some, just some people from the audience.
Of course I've been scouring the threadcast, waves and dbuzz for some questions, so I'll be dropping those as well. Jongo, did you want to take it from here?
moderator:
Yeah, for sure, man. So yeah, like Nifty was saying, we're scouring the blockchain for questions and feedback that you guys might have for the apps for anyone here, so if you have any questions, please do request to come on up and we will address this because I think this is really important to know, just echoing what everyone said here already. This is community and something that is really important to me and I'm sure it is for a lot of other people on this space is that's what attracted you to hive was that it was true Web3. It was true decentralization. It was true community. And that's what we hope to bring to these spaces and to the blockchain. Please do it's open. Let's really showcase to the world what Hive is. And put in community first.
There's a couple questions that that I've copied over here, and maybe we can get an answer from some of the specific apps. I know we have a couple actifit questions. @idksamad says, how do those fitness guys know about ActiFit first other than Google? Any plan to push it into local communities like gyms?
McFarhat:
Yes, actually we do have a lot of plans to infiltrate gyms. We started some local effort here. In Lebanon. We started talking to wherever communities are. Actually, we went to the streets. We went to a place where people do a lot of jogging and fitness activities.
We ran the event last month. We started talking to some gyms to prepare for some events here in Lebanon, as well as universities, because this is where a lot of youth is. There was an event scheduled for this month, but unfortunately, with the whole Middle East. Problems happening right now. So we had to adjourn this but we're collaborating with Some people here on the chat on the potential for another event, outside lebanon the plans for growth on the gym level is tremendous.
We do want to tackle this on a larger scale In terms of the web presence we are pretty much available on all socials. We try to to publish content all the time to increase our reach, to improve our SEO so that we are more available. We do run some paid ads every now and then as well for Actifit.
We try to publish the name Actifit and associating this with fitness on different platforms that support anything related to fitness. So these are some of the work we do and some of the plans we have. And thank you for the question. Thank you. Yeah, I love that. Thanks for dropping the questions.
moderator:
We have a question for Elmer from Liketu from@aalviarez: Are you satisfied with the level of quality that users are showing on Liketu? In your opinion would we have to improve something to show that what you are looking for for people who have not reached the app yet?
Elmer:
Okay, so I read that question as whether the quality is, Up to par. And am I happy with the quality that's being posted? I do think that this is an interesting question because I think quality is a consequence of higher participation. And the more participation, you obviously have a higher bidding of competitors and that drives up the quality.
So one of the things that we try to do is just to encourage more participation. And I'm not one of those believers of outright quality over results. I think results matter more than the quality itself. And the quality is really just one of the ways that you could get those results. But I'm not going to say that, everything of the highest quality is going to get the most success.
Because it doesn't work like that in my eyes, I think the more important thing is, if you have certain qualities as an individual, as a creator, and one of them is creating high quality content, then by all means, however I think what is more important in an attention economy, no attention, not quality is how much attention you can gather.
And so I think I weigh that to be more important than outright quality.
moderator:
I just want to echo what Elmer is saying in my personal opinion, I don't care if a post that has 10,000 words on a hundred pictures is amazing in quality, so to speak, but it's bringing two pair of eyes into hive, whereas a cat picture from an influencer or from someone who's got a big follower base they bring in 100 pair of eyes to hive, I would say I would value that cat picture 10 times more than what some people would consider quality content in my personal opinion the approach that we had seven years ago, six years ago, five years ago where quality content was king and we should have a cool front end with with a front page or a trending page with amazing content was the way to go.
I think that we have proven over the past seven years that this is not going to work. We need eyes. Yes, we need quality, but this is not the only thing that is going to bring in the masses, especially right now that the younger generations, they don't care about reading a 1500 word post, they just care about being entertained, liking what they see, getting engagement, engagement brings so much people into social media, the dopamine rush and the instant gratification sense that users get on X just by getting some likes that are worthless is huge.
So just to echo what Elmer said. Dude, quality I don't think it should be the way to go, yes, we need it. It's valuable, but it's not the only way.
@alohaed:
Fantastic to be here. Great town hall. I just want to say we had wrestling organization online here, and I'm absolutely appalled that we didn't get not one single woo to get everybody fired up. Next time. Now I am primarily, I'm primarily on hive because I am. Terrified. I am terrified and mortified about the state of free speech.
And so that's the thing that's important to me, but to get there, I will be excited about anybody's project. If it's wrestling, if it's selfies or to, if it's anything on any of these platforms, I tend to associate with some people, but on any given day. And I'm willing to bet almost everyone who uses Hive is like me.
I use at least four or five different front ends and use the different front ends for different things. So if we can get people here, if they can get people here, they will discover your front ends. And sometimes front ends is the way to sell people. Now I've got a friend who's listening in online and I'm talking to individuals now.
Marketing, marketing, the potential of hive. I've got a friend listening in. He's Mike S. Miller. He's been a 30 year comic book artist for Marvel and DC comic book. Everyone here, even if you're not a comic book nerd has probably seen his work. And this is, it occurred to me, this is one of the great things we could do on hive, whether it be serialized or episodic content, where I was going with this.
Is apart from our communities on Hive, apart from our passions in Hive, you probably have a topic, a group, an organization something that you talk about on web too. What I've had great luck with so far, and I'm a relatively newcomer to Hive is writing things about these communities, talking about people.
Now I write it on Hive. And then I share it on Twitter, I share it on Instagram or Facebook these legacy social media profiles addressing these specific things that are specific to these people. But now they can see that they can come over and they can read it on peak day or they can read it on the buzzer and they are again.
Whatever, whatever platform gets you excited. And I hope you're like me, I hope like you're like me and you value free speech. And so don't just stay, don't just stay in that narrow niche because anything we do. That helps any one of these individual pieces succeed will support our free speech or will support the thing that gets you passionate or gets you fired up with that.
I should say real quickly and not to be confused with a VSC's proposal. The speak network team has a proposal and the things that speak. I want to build are going to help build infrastructure that is going to prolong the life of hive. It's going to make it better, particularly with regards to sharing and storing files and video, which is absolutely critical.
It's going to make it snappier, faster and more resilient, and it's going to help all of us. So please do take a moment and take a look at the speak network funding proposal. Eric Nifty, Jono Cal, all you wonderful people and people I haven't met yet. Fantastic job today. Thank you very much. Thank you, Edwin, for blessing us with your angelical voice.
@jza:
Just want to be quick. I really think that we're doing a great job especially, uh, with the events. Although the events are very small because of the global nature of traveling is quite not as affordable for everybody, but it builds community, and I think we've seen this thing happening in Venezuela as well.
We've seen the pictures wasn't there, but you can feel that a lot of people were inspired by it. They actually make them feel like a community, and I think that feeling is a great marketing tool. We should, uh, think about that as Blueprint to support more community integration, breaking the ice, making people meet each other and such.
I don't know how easy or hard would that be being us that we are digital first to have communities come forward, create their own events, especially when we're talking about money. I know it's not cheap to do these things, but to a degree, I think it helps a lot. As far as marketing goes, so maybe we don't need I mean we do, but besides having a huge global event, we might want to scale it a bit, a little bit down down for regional events and go after communities, of course, that are more able to meet each other in their geography, cuba or Venezuela in this case, or Columbia as such, maybe get that idea to Asia and Africa. I think that will be also a good thing to do and then start coming with better engagement with developers, with people that want to build, and people that want to take Hive to different areas. I think that would be some of the things we could do.
Also, should we really be tied to blogging? I know we were birthed from blogging, but like people said, or mentioned already, I think a lot more people understand video. And images as we right now live on a more YouTube and Instagram esque social media than a WordPress and blogger and a few years back.
And I think that's one of the things that I wanna talk about and I hope people can take it and make it happen.
***@r0nd0n:
I actually have a few questions here because this right here was something going to I was going to individually message people but since all the front end developers and all the front end of Owners are in this space right now, presents a pretty unique opportunity for me and I just figured I'd jump on it.
So I'm about to propose a pretty contentious idea on the Hive blockchain and I need to know a little bit about the impact of this idea. And so I have a few questions. First of all, let me give a little bit of a gist. This isn't to discuss the merits of my idea here. That'll be all done on the Hive blockchain.
I just got a question for the front end developers and owners. I think that with the, I've been first of all, a little background, I should probably preface this. I've been in the downvote abuse fighting service for most of my steam hive life. I think downvotes are going to be really negative to our retention and to our user base.
I'm sure everybody here at some point has seen that or experienced that in 1 way or another. Where people really don't understand that rewards aren't theirs until it's paid out at the seven days. And they were, driven off the platform for having the wrong opinions or whatever.
And I think that this is something that is psychologically, it's a reason why Twitter, why Facebook that, why they don't have a downvote or a dislike button, because psychologically it, it impacts us and it completely ruins the social media experience. Now with Hive, we have to do it because of the reward pool, and that's what this is about.
I think that we need to sunset the reward pool. I think we need to completely remove rewards on Hive. And this has just become even more important with the advent of AI. Right now, we can use AI to detect AI and understand, oh yeah, there's an 80 percent chance that this post was written by AI, and stuff like that.
I don't think that's going to last forever though. That's not going to be something that we can count on forever. And we are in a ticking clock situation to where essentially, we're not going to tell a human from a person. And that's a scary thing. But anyway this is just my opinions and this is the stuff I want to put out there.
But I I need to know from the front end people. If we were to remove the reward pool, number one, is it Will it devastate, will it completely ruin your chances to keep on creating the, your front end? And number two, If you can do it like what kind of a runway, like effort in my mind.
I've got 2 years. I'm thinking because I don't think we should just flip off a switch tomorrow. I think we need to have, the reward pool is a nice loss leader. It gets people attracted to us. I think we need to have a ticking clock where in 2 years time or 3 years time or 1 year time ends.
We need to have an end point or, it's more of a. Yeah, a little bit more of a pressure situation to get people to do it. But anyway, that's my question would it completely ruin your front end and if if not, then how much of a leeway time would you need to make that transition?
And if you can't enter here in this space, then just DM me the answer because that would be wonderful. I'm trying to figure out the impact of this idea. There's a lot of other things like HPD and there's a quite a few different things about this. Quite complicated topic and really want to make sure that I've done the due diligence before I put it out into the wild.
Elmer:
Okay Rondon very interesting question. I think one of the consequences of removing the reward pool for us would be that we would have to work on other ways for people to stay sticky. Now, I think that this is something that we all should have been doing anyway, because I do believe that we have a fungibility problem in the sense that none of the platforms that are on Hive right now currently offer anything non fungible.
Now, I'm not talking about non fungible tokens. I'm talking about the fungibility of what... Their service provides. So for instance, if you have an exchange, then that exchange, the tokens they offer, you simply go to the one that gives you the best deal. If you have an Uber, you can go to a lift. Whichever gives you the best deal now the reason why some of these big platforms are able to capture and defend a strong moat is because of the non fungible aspects that they were able to establish and then build an incredible lead on and without having the reward pool it takes away some of that ability, although I don't think that any of the platforms existing on Hive right now necessarily need it.
So I'm not really for ending it immediately, but I wouldn't have a problem with it if we all had a way to build non fungible value in a way that would capture and retain users beyond what the reward pool is able to provide. That's my point of view. And this is coming from someone who invested about 3 million in purchasing stake to use the reward pool to attract and retain users.
Khal:
Yeah, this is a great question. Ron. The rewards pool is something I've given a lot of thought to over the years. 1 thing I've been a big, I guess there's 2 big things for me, but 1 thing I've been a big proponent of is bringing it to the 2nd layer and each front end having their own way of rewarding users and there's a lot of different ways like it, it doesn't have to be a token.
It doesn't have to be a rewards pool to reward your users. That's obviously 1 model that I think works pretty well. But there's also other ways. And that's my 2nd point is actually today, November 1st, we're launching something we're calling the evergreens reward contract, which essentially we've got ads on in Leo and we take a percentage of that ad revenue And then pay it back to the authors based on how much impressions their articles have gotten in the past 30 days.
I think there's a ton of different ways to actually reward people on Hive. I don't think it has to come from a rewards pool. Obviously that's a very efficient way to do it and it's a great way to spread stake. I think Hive has spread the stake pretty wide, and, I don't personally see why you need that rewards pool anymore but like I said, I still think there's value in it, so I would also be in favor of having something that kind of tapers off over time and, either a small rewards pool or no rewards pool in say 5, 10 years time I think is not a crazy thing to ask for especially because I just think there's so many different ways for front ends to monetize the user base and give that back to users.
I would add something random to your research and just to echo what Elmer and Khal said which I fully agree with both approaches.
But I will explore as well, How would these affect the governance and witnesses and all of the dynamic aspects of having a reward pool, for example, right now people can have a say in governance by creating value through content creation, but if we remove rewards, how would this affect the governance? Would it be a pay to pay to have a say, maybe as Elmer said, if you want a voice you have to invest, but on the other side, theycallmedan, I will try to emulate what he would say something around the lines of, The more that we spread the token, the stronger the blockchain is, and the more decentralized the decisions will be, so if you have to buy a token, then you're pretty much becoming any other blockchain and any other kind of governance where only money speaks.
I don't know if this is a good thing. I don't know if it's a bad thing. I would just take it into account because right now, every single person who has value or who provides value to the blockchain, on every single way, they can have a way to speak up.
Jarvie:
I have to go here pretty soon, so I wanted to jump in real quick, Nathan. I'll but Khal, I loved what you had to say. And then Eric, yes, with the governance would be the big... Issue right now, right?
Like how do you get the people that are coming in? So we all hope that the people that are in now are much smaller group than what could potentially come in here. And we want them to have a say in the governance and be decentralized, but in other blockchains, the amount that they give out goes down over time, but Bitcoin does go down.
And I'm open to this concept from the PeakD perspective, if that's what you're asking, Rondon, of it going down and lessening. But you also indicated that one of the big problems was the experience from a new user and the concept of downvote. I think from the UI perspective, what I've thought about in the past is kind of switching the, there's certain things that a UI can do to help someone as they post, help educate them that this is what's happening. You are putting your post onto a blockchain, and if you click this button, you are saying, I would like it to go to a community vote. Where people have a yes and no, obviously you're not going to say all of this, but is there a way that you can do this in the UI to say that?
And I often say to people in my Discord, it's you can post it and decline rewards, you don't have to be involved in this reward pool mechanism. That is totally optional. And no one ever considers it optional huh?
You have a controversial article or you have something where maybe it's borderline. It looks like you're trying, you're just robotically putting up posts and it's still something that maybe has value to a small group, but it's it's, it's going to get down voted and just decline rewards or send them to the DAO you can still do that. It's a little bit also what Khal said we should shift the idea now towards getting viewership. That's what all these other communities or other platforms are mostly about is how much influence that often means how many views do you get.
Everyone comes in here looking for, not everyone, but there's so many people coming and looking for money. If we can shift them towards looking for viewership and readership, then they'll look at it way differently. So I, there's definitely people that come in and it's how are you, how do I get successful up in, on Hive?
And I was like, where have you shared your post? Who's your community? How many followers? How many people love to read your posts and just like going down that road and I know that all that they really care about is how much money that they're going to get from the post, but it's just We just need to shift that viewpoint.
I've had thoughts of switching PeakD to this that you have to opt into it or when you opt in it tells them hey, these are some of the things that are going to happen now that you've opted in. anD so now you know there could be downvotes and you don't have to do this.
I don't know, Rondon, those are some of my thoughts.
Rondon:
There's going to be a lot of this stuff that's covered in the post, but this is such a complex topic.
I've been thinking about it for well over a year. There is a lot of pieces to this and like I understand. Oh, there's a lot of nuance that goes on with what all this stuff, what all is going to happen by removing the reward pool. This is something that's been around since the inception of this blockchain.
It's a dramatic. It's dramatic. Giant move. So there's a lot of, but I just really mostly I'm concerned about right now the impact to the front ends, because that's really one of the blind spots I have as far as what kind of plans? What kind of visions? Everybody individually has.
And there, is this going to pull off the road from underneath you? You guys have spent hours and, countless hours and tons of money to make a vision happen with the understanding that there's a reward pool there. If that was to be pulled out from underneath your feet, are you going to be left standing or is it going to completely devastate you as a, as a company or an entity?
Jarvie:
Let's do a town hall just on this subject. That's what I have to say about it.
Khal:
Yeah, I would agree with that.
Rondon:
Expect maybe another month before I get the post up. I got insane. I was going to do it for a while for a little bit now. And it is something that's burning a hole in my pocket, so to speak.
So maybe a month from now we can do that.
moderator:
Yeah. A hundred percent. We have one schedule, the town halls we're supposed to be going to happen every first of the month. So we can definitely plan this for December, 100%. How Daryl rolls? What's up, man?
Daryll:
In the current state if we lost the reward pool, SkateHive would die. We've been trying for several years to try to get our own token created, the Stoken.
We've had plans about this, and as someone who's not... Super technical. I'm a skateboarder, I'm a community organizer. Crypto just happens to be where I landed, because I know technology better than the average person, but I still don't know…
Vlad:
For me as well, it's a great opportunity. I had a lot of fun this year. From end runners here. I'M from Brazil and I knew Hive like some years ago in the beginning of my blockchain journey, and I was never a coder. I'm basically like learn how to code, trying to create this Hive front end platform called skatehiveapp.
So it's in, it's very beginning, and I will quote someone that said here that I think it's a good idea that work on inches. And I think that's what we're doing. Not everyone needs to understand how a car works, most people just need to ride the car and those are like the basic stuff.
We're trying to make a very good looking car for a skateboarder. Something that like he understands and can board people. And I think that's a great experiment because it's a different niche. Not not necessarily like tech natives, natives people. And as you said, I'm literally like from a garage trying to pull out this.
We were on the community for a long time, and I want to take this opportunity first of all on a more specific topic. We just created the ability of uploading videos into the platform to the IPFS and stuff. We have a gateway, and I love to connect and know what you have to do, the security measures you have to have, so we can have our videos in other, showing up in other front ends.
I'm sorry about the noise in the background. I look forward to having posts that come from SkateHive app to display properly there. In parallel, we are working on the upload to 3Speak feature. It's being tested and worked. We're going to be implementing that soon from the Skate Hive to 3Speak.
And we'd love their posts to look good in the other front ends. And in a more general way as this is like our situations, the circumstances, we do that with zero money zero skills, but much love that got us. To that point that you've managed to have a platform, I'm here also to ask for any help or developers that are interested in helping our open source project or hive users to test it and feedback is a little buggy so far, but it's functional.
You can make a post. You can see posts and votes. We look forward to bringing other features. Would be amazing to have something skateboarding related activity feature. We could help each other to onboard people like a feature. Or anything like that. In any case we are SkateHive, we are still here. We're gonna be here for a while, rewards pool or not. Although it's one of the main selling points for the new user that knows nothing about the blockchain. Please visit our front end. We got a shoutout for PinatuCrew yesterday. It made us cry, almost. And also thanks a lot for all people that helps us in the 3speed discord and hive keychain discord dev chat.
And with all the patience you guys have for our stupid questions we made in the beginning. And yeah, if you're interested in testing, posting, developing, helping us understand iframes to work during the other frontends and the next steps, we'd love that. And thanks for the opportunity of speaking to you.
Nathan:
Yeah, so I just wanted to touch on the reward pool issue and then also the downvotes and upvotes, it's been quite contentious issue on Hive for as long as I can remember, all the way back to early Steem days and I I see both sides of it.
I fear that removing the reward pool could negatively impact the economics and governance of Hive. I know a lot of people who. Have large stakes of hype for their voting rights for being able to have the voting power to vote on things. I think that there definitely needs to be a bigger conversation and a more open conversation around upvotes and downvotes. Some different things that I've had conversations with different members of the community about is doing some kind of jury system and having a clear policy of what we're going to support as being downvoted things like plagiarism or content that we don't, want on hive or is spammy or fraud or, there, there needs to be a clear policy. And not just people downvoting out of spite or out of hate and if the downvotes are not justified, that there's some kind of system in place where the person who downvoted that content could be penalized and then it'd be like just going through on Facebook and just flagging everyone's posts as inappropriate is like just to get them banned off of, social media, like mass flagging content, the same issue that we have with downvotes, I would say 95 percent of downvotes are justified downvotes but it's that 5 percent of downvotes that drive valued members of the community away and also gives a bad impression to new members of the platform.
And on Dbuzz, we don't even show downvotes because I feel like it does negatively impact the psychological side of people using it while I understand the need for downvotes, I think that there just needs to be a bigger conversation around the mechanics of the downvote system and what other mechanisms we can put in place to counteract downvote abuse.
moderator:
Uyobong asked: When will we have seamless tools to help non technical users be able to build dApps on Hive? I believe the more apps that are built on Hive and are solving problems, the easier it would be to retain users.
I think I can answer that one, and if anybody else wants to chime in. When someone builds it, when someone builds the tooling maybe a project builds the tooling for more non technical users to be able to build dApps on Hive. Maybe anybody else wants to answer that as well, but I think that pretty much covers it.
Vlad:
We had the Ecency community breakaway community thing being updated for something that you click some buttons and deploy a community on Hive. That's been, like, continuously improving with time, and I think now it got to the point that it's the easiest that it got so far. I think there's still some work there for Clicking and deploying to be, but I think we're very close to something really good.
Chris:
I think the 3Speak team is already doing this with breakaway communities using the Ascensi front end, and I haven't really used it lately, but Dbuzz, we're also planning in 2024 to make it similar to WordPress, where Hive can someday be seen as a WordPress of social media.
And DBuzz would be a theme. That's one of the things I presented in Rosarito, Mexico. And that's one of the things I'm planning on. And I suspect strongly that DBuzz won't be the only one doing this. That once the idea takes hold, every single front end of Credit will probably be adding custom domains to their service.
moderator:
Another question that actually came from Twitter and whoever wants to jump into this can. It's a longer question. It's from E Podcaster. She says, I've noticed the trend of dApps following the DBuzz model of microblogging. Makes sense because CryptoTwitterX is so successful. Are we able to add new features without losing existing features or users? I think is the general question there. Anyone want to take that one?
Khal:
I think when it comes to building out new features, you have this kind of nuanced stance that you have to play because... A lot of times, if you stack a bunch of features on top of your existing UI, it starts to get jumbled together.
Which is a big reason why, over the years, we've basically created three or four different UIs from scratch. Because once you start layering on, layering in all these features. You get this kind of spaghetti mess of code if it doesn't all work seamlessly. I think the real key is to create MVPs of different features that you want to release.
For example, like when we went after creating threads so that people could make, a hundred or a thousand, different microblogs on the chain every day. We went through a bunch of different models trying to figure out how we could do it. And then ultimately, when we found a little bit of product market fit, that's when we took it home and put more effort into it.
I think the way to do it without losing users and without, losing what you've previously built is really to taste and try a bunch of different things. And then when you catch a little product market fit start putting some more effort into it.
Chris:
For DBuzz, what my vision is in order to add new products and services, is that D Buzz will always be a micro blogging platform, first and foremost, and that won't change. But we will have sub features, such as a long form version that we're going to roll out.
But it's got to be minimalistic enough where the advanced features Aren't in your face and distracting and ruining the micro blogging platform that way that people who are interested in using all the extra features they can, but the people who are there for our original use case, which is micro blogging deep buzz will be there and it will be emphasized.
moderator:
Another question from threads. And this is a general question from Tommy Ajax: How do you guys deal with competition amongst yourselves, because it seems Threads is doing the same as Waves and blah, blah, blah, but like, how do you deal with that?
Nathan:
Yeah, I will just answer that. I don't really see any of the other dApps even, ones that are, like, Leo Threads, which is also doing microblogging as a competitor, I assume more as a partner in the sense that we're all on Hive and the idea is that we, grow the Hive ecosystem.
I don't think that any of us have, hit that, tens of thousands, hundreds of thousands to millions of users where, then it, there, there may be some competition there amongst us, we're all still, in that growing phase of getting there. So for me I don't really see, it as a competition.
I see it all more as like a group effort to grow the entire Hive ecosystem.
Khal:
I agree with Nathan. I think a lot of people like to, and you see this across society, in so many different ways, but people love to pit other people up against each other. It's fun public banter but at the end of the day and, this was a big thing at Hivefest when we all met up and I saw a lot of the people on this panel, we all have this collective mission and collective vision about what the world should look like.
That's why we're all here on Hive and building. So at the end of the day, we're all partners in growing this ecosystem. And another thing to echo on Nathan is that none of us have hit mass adoption. It's not like we're like Facebook versus Twitter. We're all at the point of, we've got maybe a couple hundred or a couple thousand users and there's billions of people out there who use social media today. We have not even a drip, a drop in the ocean. In terms of the individual adoption that each of us has.
At the end of the day, are we gonna be competing for the tiny little user pool that's here now?
Or are we gonna be going outside of this space and looking at what's out there and trying to bring people in? So yeah, I don't see it as a competition. And I think when you use a different UI, and I've spoken to a lot of different people that use this, the Hive blockchain in, in different ways.
Each UI has a very unique experience to it. If you want to do very hive centric things. There's no better UI than PeakD in my opinion but if you want to, if you want to micro blog and have a certain experience, Dbuzz and Leo threads, like they each even have their own unique feeling when you're using them.
In my opinion it's really about just building what we individually see as our vision, but, at a broader level, we're all headed in the same direction.
Chris:
I was just going to say that due to the fact that Leo finance or Leo threads now called in Leo and D bus are so similar yet. I think it's very clear that Leo finance is one of their biggest strengths. Is the online community reaching out to web to using things like discord and these Twitter spaces, but our strengths at the buzz where we're more focused on software development and in real life events, especially because you could gather really large crowds in the Philippines.
And I'd be interested in finding some sort of synergy so that we wouldn't have to, do the do. Double the work because if we're doing a software development and then Leo Finance also has this software development And we're all doing the same work twice It might be beneficial someday to not only collaborate but synergize so that more can get done.
@taskmaster4450 (Town Hall):
Hi, everybody I just wanted to jump in and take the question on about competition and I think it's very important that people understand the shift in mindset that has to take place and what Cal said is absolutely correct. We live in a world where competitions fostered in us from an early age.
And 1 thing that I look at hive, I look at Web 3, but I look at anything that you have a situation like this, it's These are cooperatives, and where cooperatives are typically known is like housing cooperatives. And if somebody paints their house in your, in the housing cooperative, does that adversely affect your house?
Or does it improve your house or improve the value of your house because it improves the entire neighborhood. And I look at it as the latter. So if you take any of these applications, active, 50 buzz Leo, it doesn't matter what application. And if they add more features, if they add other things, if they incorporate more things from the base layer of the blockchain if they incorporate the internal exchanges, an example, or parts of the wallet system or whatever it is that only enhances the value, not only of that.
Application, but it answers the value of everything else because of what's been said here before it improves the entire neighborhood. And so this idea of competition. And I know this exists on Hive, and it's ridiculous because, and I think it only exists not because we have a million people, but because we have about 5, 000 people online every day, and everybody's trying to fight over the same 5, 000 people.
If we had a million people on Hive, the people on DBuzz would really not be too concerned what's going on Leo, other than from a technical standpoint and vice versa, because everybody's busy doing their own thing. That's just my two cents.
Couldn't have said it better.
moderator:
This question is from Andercino. And I saw this and it's funny because you and I were talking back and forth like this is just a great question to ask. And this, it might sound a little weird because we got all these amazing applications that are built on Hive, but what application, what DAPP do you guys as a whole feel for?
We are missing here on chain and personally for me, I, I'm a fan boy of so many applications on the blockchain. I try to be a product of the product. I try to use this stuff each and every day more than I use any other social media and person for me, I would love to see short form videos.
That's my. Opinion on that, but what are some of the things you guys would like to see here on chain?
Daryll:
Definitely shorts and forum videos that would be Really beneficial to something like a skateboarding community where You know, most people are not going to be worried about, the monopolies of the world and how we change things and they just want to share and connect with their friends.
The one thing I would say though, and this kind of, I had my hand raised earlier, so this kind of, I'm blending these, this question and the previous thoughts together, is one thing that I really find is lacking. As someone who's come here from early Steemit days is a good narrative in the sense that there's no, like you, you land on hive and you're like, Oh, I'm making money.
Oh, there's some cool people here, but there's nowhere that just pops up and says Hey, this is social media, but a cooperative we're in this together. This is not a competition. This is not about trying to make the most money. That's a side effect of the value we share as a community. And like I had to figure out that narrative and then part of what made me, into the position that I am in Skate Hive is that I would go and explain that to people and make it very obvious and clear why Hive has to exist, why it's important and why you should use it, even though it maybe is a little bit more difficult than other platforms.
And yeah that's where it's we have to really paint a clear picture of where we're going with this. And I think that's where we're going to start seeing a bigger mass adoption, much like the early dotcom bubble where they though email's a phase. It's not, it's too hard to use, but some people saw the future value of what it was going to become. And that's what we need to really project to people, I think.
Chris:
On my way flying from the Philippines to Mexico there were actually built in podcasts into the actual touchpad of the airliner, and one of the people who was speaking on the web3 podcast that was ironically on in the airport iPad. It was Amanda cassette, the former CMO of consensus.
She did an amazing job bringing Ethereum to market. And I think she's one of the people that we should study for crafting a narrative where we let decentralized communities sprout up on their own, but then we offer guides for them to follow so that it's not the exact same narrative, but a close narrative.
That's something that I'm interested in having.
moderator:
I don't know how you guys feel. We've been going for about three hours. And it's been amazing, but I do want to respect you guys time and maybe close out with this one last question. And this is for anyone. JohnUko says please, how is generic hive promotion weak?
We talked about this a little earlier. Hive promotion as a general thing is weak because people want to be marketed a specific thing, not a backend for that specific thing. General Motors isn't marketing you the motor that's in their car. They're marketing you the car.
moderator:
I don't think that Hive promotion is weak. I just think that we have to look at ourselves as our blockchain as a company. And then we have to segment our market and our target audience. So promoting Hive and all of the background, all the backend.
And the infrastructure that we have is incredibly attractive and incredibly powerful. When you are talking to a developer or when you are talking to an investor that wants actual foundations for a project, when they want decentralization. When they are comparing, for example, Solana or Ethereum or even Bitcoin against Hive, then you should definitely use Hive as the main value proponent of what you're trying to sell, which in the end is either users, investors, developers.
So the thing is, if you want users, Using hive as the value proposition of what you're trying to bring to the table is not effective because in the end, 99 percent of the users do not care how the internet works. They just want to send emails and look at cat pictures. To answer that question.
It's not weak. It's just that as marketers, we need to consider ourselves marketers of the high blockchain. We need to understand that no not everyone is going to be attracted to the same things. So if you want users, market Liketu, market actifit, market inLeo, market Dbuzz and market threespeak.
If you want investors market, how inflation works, how witnesses secure the blockchain. If you want developers market the feeless transactions, market the block size, market how easy it is to develop when we put out the HAF, the speak network, the VSC layer two, etcetera.
So it's not weak. It's just that maybe we are approaching the topic or the marketing, we could be doing it in a better way, so to speak. Guys, Elmer, Taskmaster, Kyle, Darryl, Vlad, Chris, do you want to add anything before we wrap up? Just raise your hand and we'll pass down the mic to you.
Task, do you want to close with something?
Taskmaster:
Yeah I think just to close with an overall sentiment I think this was a very productive session. Three hours is a long time to go, but I don't think anybody was put to sleep by it. We covered some very important topics, and this is exactly why we put together this Town Hall not this session itself, but the whole town hall initiative is you have a bunch of application project leaders who are on this call here and their focus on their specific applications, which they should be. And the message that I got coming through is they also have to be focusing on all aspects of it, not only to development, but the marketing, the user retention and all this other stuff.
The problem is when you have people who are doing that a lot of stuff falls through the crack on the governance side, on the Hive side, and that's where Town Hall was put together so we could put these sessions together to talk about things that are not necessarily app specific, but Hive, important to Hive as it relates to the apps, as it relates to users, as it relates to community members, as it relates to economics, as it relates to all this stuff. And we are doing this on a monthly basis. Then also every Friday I do a space called This Week in Hive, which is the same type of maybe a microcosm of this.
We just go over stuff that happened on Hive. If you're an app developer, if you have a game, if you have a project, if you're a user, show up. It's at 1 p. m. Eastern Time. And again, same thing as this. If you just, request to speak, you can come on, tell us what's going on with your app or your project.
And it's another way to get information out there and to communicate with the rest of the community.
moderator:
Go follow everyone here in the panel, go follow all of the dApps, support them on Twitter, on X, when they post.
Try to create this snowball effect. Whenever you see someone from Hive, reply to them. Give them more visibility the more presence that we have on X, the more users we will bring organically. If you see a tap with an initiative, throw them a reblog, throw them a reply. The replies are gold on X.
And in the end does just check the last governance town hall. This was last month, get involved in governance help the taps get more visibility just be the Hiver that you would like to see everywhere. Thank you very much guys.
Elmer:
Oh, yes elder. Let's go final thoughts yeah, and I would just like to add on top of that Obviously X is a really great place for the crypto side of things but let's not forget that we also have massive networks outside of X as well tiktok and YouTube and Instagram etc And I think it's important that we tap into non crypto native audiences as well.
When the mobile phone first came out it's easy to sell to people who didn't have a mobile phone. And there are lots of people on other platforms that are not so crypto natives that we can have a really good conversation with. I think, just to add that, X isn't everything. It's actually one of the smaller ones of the big ones.
moderator:
So yeah, 100 percent and actually the rally car, the Lord butterfly, and Damir and Slaven, the driver, they put out a lot of TikTok videos and Instagram videos, and we also pushed those. I do agree. We need to focus in, their places and actually Elmer, you have more knowledge about the image based platforms.
So I would. Throw this out to anyone and everyone of the founders here. And I will also send a message to the founders who are not here with us anymore.
Let's try to come up with some initiatives. I think that we would have a lot more reach If we as dApps, as frontends, we told our users, *Hey it's a hundred of us here in discord, or it's a hundred of us here in, in the community on Hive. Let's just go here and watch this video, or let's just go here and share this video. If we do this together as front ends, it doesn't matter what the topic is we could resonate with a lot of people out there in web 2, not only X, but also Instagram, TikTok, YouTube shorts.
So yeah, man, and Chris, if you're also interested in this, let's just get something together. We are seven, eight main front ends. Imagine what we would do if all of us pushed a video about, I don't know, actifit on YouTube or a gallery on Instagram about Liketu, I don't know there's so much we could do together.
We could push the whole blockchain into doing social activities, Zealy is trying to do that but imagine what we can achieve if all of us with all of our pool tried to spread this. Yeah, guys, um, thank you very much. It's already been three hours. We're actually at three hours.
Guys, this has been amazing, thank you very much for being here, both to the founders and the audience. You are actually what are making this worth our while. Thank you to the speaker panel, my co hosts, Nifty, Jongo.
See you on December 1st.
We might be speaking about reward pools. We might be speaking about downvotes.
I would like to bring in some game founders as well.
But yeah, this has been amazing. Thank you everyone. See you in December 1st.
Be the Hiver you want to see. I don't know who said that, but we'll leave you with that.
Thanks for tuning in guys.
If that's the case, why does the views page on peakd.com show such tiny numbers? When I explore that, I see barely a handful of posts getting more than 50 unique views each day. Weekly ranking have usually a few posts with 500-1000 unique views, with most posts getting far less. 10,000 views on a post being very rare. This is not reflective of millions of views. What is the issue here, is the views counter severely undercounting or what?
If I'm honest, I think an undercounting is not the explanation, or if it is it's only part of it. When I managed to get some traffic with just some moderate success on Reddit, I was able to bring in thousands of views to posts on peakd.com and it showed on the counter. It seems to me like posts genuinely have very low views from outside our own ecosystem.
Having accurate figures on viewers ought to be useful when it comes to marketing Hive. We just need those numbers to be better.
I'm just catching up with these town halls. It's great that the projects are getting together. This happens at Hivefest, but we need it more often than once a year.
8:00 Pacific my time -- but I'm just going to MAKE THAT HAPPEN!
Townhall was a missing link for the #Hive community.
@dbuzz and I will definitely be voting for and sharing the @town-hall Witness.
Amazing work @anomadsoul @jongolson #Nifty @taskmaster4450.
Posted via D.Buzz
Awesome man, appreciate you guys!
Thank you!
Truly excellent putting the transcription on-chain folks! Kudos and gratitude to the person(s) behind @town-hall doing that work.