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RE: Hive Will Be Radically Shifting By End Of Year
I don't understand how ads will make Hive more Web3. Can you explain that.
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I don't understand how ads will make Hive more Web3. Can you explain that.
Any web3 platform is going to have to generate revenue. It's not free to run a website and it costs money, domain, server costs or even if you outsourced it to a CDN network you need to reward them with a token but how does that token get real monetary value outside of simple supply and demand.
By running ads like we see on web2 but the ads are done in a way to not cater to the ad platforms and start nixing content etc. That ad revenue then goes back into the token, users and creators unlike web2 where companies become massive billion dollar corporations.
I'm aware of the costs of running an operation. This is the same for Web2 and Web3 operations, hierarchical companies and non-hierarchical organizations alike. Is the current rewards system not generating enough revenue to cover those expenses for Hive? If not, why not?
I guess I would have to see the ads in action to understand the tokenomics better. I've never seen anyone explain it in a way that makes sense to me.
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