Hive: The good and the bad

Hive is a unique platform. Just like every other thing in life, hive has the good things about it as well as the bad.

I'll dwell a good deal on the good. I have seen a lot of blockchains over the years. As of this moment, the good majority of these blockchains are more or less either dead or just empty. Hive has stood out in several ways.

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First, hive is unique in the sense that it's a blogging platform. Hive is a hub of activities. People write their thoughts freely and earn from that. People make friends on hive. People make connections on hive. Communities are literally built on hive.

This just shows you that hive is not just a social blockchain, it's a consumer friendly blockchain and the place where intellectual content thrives.

The integrity of hive has been maintained over the years. Effort gets rewarded. I mean original, human content. It feels good knowing there's a place where people can write and share their thoughts via a familiar UX without having to navigate complexities.

Second, hive is still active. Things are happening on hive. There's a system on hive and it has been working. Hive is one of the few chains with actual usage and value. To prove my point, quality products have been built on the hive chain. Basically, Hive is not a ghost town, even after many years of existence. It still has massive utility.

The bad thing about hive is that it hasn't fully achieved its potential yet. For starters, hive can be one of the biggest, most popular social platforms. Hive has the capacity to rival popular social media giants. Hive could even be the medium though which news breaks and spreads.

Another thing is that the hive token could have much more value than it has already. So far we've seen a decline in the price of hive, which is the native currency of the blockchain. I believe hive has the potential to pump in price. The utility of the token is not in dispute. I just feel like it could be put to much more use and the value skyrockets.

I think one thing that would make the hive token pump in price is increased adoption. With massive adoption of the blockchain, there will be more reasons to use the token, therefore pumping its price. Giving incentives to individuals or companies to build on the hive blockchain is a major way drive adoption.


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2 comments

Hive is one platform that comes with so much freedom.

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