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RE: Week through Adrian's Lenses (14-20 December 2024)
What I like the most is seeing P2P adoption and ability to easily exchange HIVE for fiat. We need to create our own Bitcoin Beach. The goal should be to create a few circular economies.
healers will be minted on Ethereum instead of on Hive
I'm not a fan of this strategy. Having wrapped versions on Ethereum, WAX etc. is a good move IMHO. Betting on Ethereum users to suddenly be a fan of a HIVE game might not work out. The most annoying part is the high fees. I do have a stake in the game and I want the best for the project. If I was proven wrong, it would be a great thing for my portfolio.
0.00113199 BEE
It's difficult to create circular economies. They haven't done it in El Salvador either for Bitcoin (and I'm not referring to the recent deal with the IMF, although, in effect, that only affects paying taxes in BTC and the future of the Chivo wallet). It could be easier for a stablecoin like HBD than for BTC, but I don't think we'll see circular economies any time soon. Maybe used as an alternative payment more often in some areas. That we already are on route of accomplishing, I hope.
Wrapped NFTs may be a solution, although, at least on Ethereum, there might not be the demand for them, wrapped or not. WAX may be different, but I don't know what kind of money is there anymore. The only unknown I see is that Holozing is a new game while Splinterlands wasn't. Maybe that may stir some interest over there. But I don't know... They would have been more interested if the entire game was on an Ethereum L2 or something. But with one NFT on Ethereum and the game and the rest of assets on Hive, I don't think we would attract many investors or gamers from Ethereum. Not significantly more than if the entire game and assets are on Hive, maybe even less if some people on Hive don't pursue the Ethereum venture.
The difficulty in circular economy is exactly why we need to attempt at it. I don't expect everyone to start using HBD as much as credit cards. If there is at least one shop a HIVE user could use their HBD once a month, we can create strong retention. A local supermarket is perfect for this. Anyone can earn few dollars on HIVE being active and they can directly use the earnings to pay for their essentials. If their is one supplier on employee who is willing to get paid in HBD, we have a working prototype.
At one time, a Region in Praetoria was sold on WAX and this was the biggest transaction that had happened according to @aggroed. I have not kept up with the developments there.
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