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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.
I don't believe hive itself brings much value it's always outside apps that run like Splinterlands where the main swap token is hive so people want it for that reason.
Ad revenue at least on LEO is going to work by generating crypto from ads and then buying LEO and HIVE tokens off the market. This means that ads are now supporting dollar value to these tokens daily.
With LEO it starts to generate a APR on the LEO token. But the APR is coming from buy pressure on the market which then gets divided up across all powered up LEO tokens.
At least that's what I've heard over the last two years since this was talked about. We will have better details from the team come November 1st and start seeing it in action.
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