Direct from the desk of Dane Williams.
As a decentralised blockchain, all Hive cares about is using content to distribute the HIVE governance coin via reward pool inflation.
In terms of adding value to the HIVE token, the makeup of the content itself does not matter.
Only that the HIVE token is distributed as far and wide as possible.
But by encouraging content to be published to an open-source blockchain in order to distribute its governance token, Hive presents opportunity for you to build a content business on layer-2.
Literally anyone is free to take the content people are putting on the open Hive blockchain and then monetise it on your own front-end.
Your choices:
- Keep the USD generated from putting ads on the content yourself and stop there.
- Create a sustainable, tokenised layer-2 content community.
(Obviously there are other ways to generate revenue via content, but I'm using ads an example because it's the easiest and right now the most viable.)
Where is LeoFinance (LEO) at?
Right now, the reality is that LeoFinance has stopped at 1.
LeoFinance is supposedly generating USD from leofinance.io ad revenue and sending it into a closed account that only Khal can see.
Is he saving it at all?
Is he spending it?
Who knows.
As LEO investors, we're taking him on his word that he is in fact saving the revenue being generated and moving toward 2.
That LEO can and will reach a sustainable equilibrium between inflation used to pay for the content (the LEO rewards pool), and buy/burns from the revenue that content on his front-end generates.
Do you believe him?
Do you beleive that even if he carries out his promise to drive revenue that the content generates back into LEO, that a sustainable equilbrium can be found?
Let me know in the comments.
Best of probabilities to you.
Posted Using LeoFinance Beta
