Hive has been rather stagnate in price for the last year. Even while markets rallied hive pretty much as there and did nothing if not falling in price. This is due to a number of factors such as huge amounts of money going out of the DFH, a new 20% APR on HBD hive "stablecoin" and just an overall low demand for wanting to stake and take part in the current ecosystem.

That's not to say hive isn't a good place to get involved. I still feel like it is but we as a community do need to get smarter about how we spend all of these funds. If hive wants to be supporting all of these events, rally car, community support and so forth then it needs to get serious first about generating wealth itself. Hive in itself doesn't really generate revenue there's no front end that generates income for hive besides general trading and demand for the token.

There's no fees on trades so again none of the trading fee money like we would see with other systems gets filtered into a DHF or DAO. So we need to constantly be watching and voting for only the projects we feel bring value. That's not to say we shouldn't do these things and I myself have always been about helping others. But you have got to get your house in order and profitable first before you have the ability to help and take care of others. I feel that's a major slip up at the moment but we will get there.

What we do however have are layer two tokens that are taking some big serious action and they will pave the wave of the future of what I personally felt like Hive would always look like.

Now sure some people will say that hive-engine tokens are not real layer 2 tokens of the hive blockchain and that might very well be the case. But without it for the last few years we wouldn't have big projects on hive that made it thrive such as Splinterlands, Dcrops, Holozing and even InLeo which is a project I want to touch on heavily today.

InLEO

InLeo is providing a new wave for hive. It's a real company that's a profitable company built on hive. Unlike just about every other project that mainly gets their value from hive and no outside sources the LEO token has tapped into Ethereum, Binance and Polygon. I'd also say Splinterlands has branched out as well.

But not only that InLeo now generates real value in terms of dollar value for their token through ads. These ads are then paid back to stake holders of LEO creating a valuable APR on LEO tokens.

For the first payout myself I earned just a hair over 434 $LEO or in todays value that's about $21-$23 in value. It's nothing crazy but spread that over all users and you can start to see how much that really is each month.

The real value will come when InLeo can start really advancing to the point where it takes a small fractional share of X, Instagram or any other large social web2 platform. Just tapping into 1% or 5% of that will yield massive revenue which all active users get to take a cut of. We are seeing this adjustment a bit on X for example where revenue is given to content creators. However the threshold is rather high compared to a web3 solution live InLeo that allows you to tap into it on day 1.

As you can see Hive is literally right now on that tipping scale but it's through outside applications and not hive itself. What we need here is to focus on those projects brining value into the ecosystem and not constantly draining it. If you want to see your wealth grow then we have got to support projects that bring users and dollar value in instead of paying for all of these random projects that simply eat away at the market cap.

So let's start getting smart about things around here. Build those hive coffers and Leo coffers and start voting on witnesses and proposals you feel bring value. The next evolution of hive is here. We are legit on the fence right now and need to get over it and be strong on the other side.

Posted Using InLeo Alpha