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So don't worry about control.
Hive's layer 2 tokens (and their front-ends) are just centralised businesses - Which is completely okay because the underlying Hive blockchain offers users censorship-resistance.
But it's this layer-2 centralisation that allows teams to monetise content on their front-ends and potentially use that revenue to buy back/burn their community token.
Hence becoming sustainable.
Posted Using LeoFinance Beta
I do use a lot of the layer 2 front ends to gain the tokens. It's been fun watching the Hive economy grow, and I believe the second layer developments have a bright future. But my experience with Steem has always left a little worry in the back of my head that once the bulk of the tokens end up in fewer and fewer hands, the whole thing will come down. Actually, now that I've said that, perhaps the layer 2 tokens will be the saving feature of this whole thing.
You make a compelling argument about burning tokens. I hope the Leo devs do start buying back and burning Leo.
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