A random oddball question for you. :)
Hive right now is positioned as one of the prime blockchain protocols fostering true decentralization and relevant, community focused tech.
You could say that at this time there are also a number of other projects that are either "connected" to Hive via ex-community members like Koinos, have some connection through a common original pre-fork founder like Bitshares or examples like Telos... you can even go as far as WAX or EOS.... that also try to foster similar principles.
If they achieve it or not as well as we do on Hive or how successful (or not) they are is besides the point.
In crypto, collabs aren't an uncommon thing. Just look at Chainlink, Cosmos, Cardano...
From interoperability, crosschain communication, to oracle services, cross chain transfers, pure marketing collaborations, bridges, etc.
So the question I would ask is 😅:
Is there any value at all in fostering collaboration or is crypto, even in the case where relative ideological closeness can be observed, still purely a tribal affair where we are "clawing" for every single investor, every drop of liquidity, and therefor collaboration being entirely pointless and ultimately self defeating?
Just something to ponder really.. Im not proposing anything nor do I think it would realistically work. I know in which direction im personally leaning.
The image above is something that some might recall that watched one film from 2008.
Any marketing guys reading this might understand why I'm referring to it.
That's a thought provoking post !
My take on it (although I'm by no means an expert) has three factors;
First, that most crypto investors sensibly spread their investment. There is no point in being tribal; that is legacy world thinking. We need to accept that anyone investing in Hive is putting other funds elsewhere, so collaboration makes sense.
Second, from a purely ideological point of view those of us who are interested in crypto as more than just a "get rich quick" scheme see it as a way to reduce the ability of governments, banks and legacy institutions to coerce us. There are few enough of us, so if we don't work together (and in some cases, agree to differ on some issues) we'll be overwhelmed by the tide of regulations, CBDC's etc.
Finally, and this is a personal view that is likely to be unpopular, I'd like to see collaborations using the coins & tokens we already have. There's a tendency to create new tokens for every project, and then give a serious chunk to the dev team. I would prefer to see new use cases added to existing tokens; it reinforces their utility, value and market cap, and would hopefully increase adoption. I want to see HBD and HIVE widely known and accepted for payments !
See, and here I thought I was the only one with this in mind. :)
A good point. Obstacle number 1 though. How does one discern those that truly hold these values from those that pretend to. I hold the opinion that most of crypto is full of 💩 and uses these ideological values as only a marketing pitch.
If indeed collabs are possible, whos the arbiter deciding who holds these values and who doesnt?
If its only one group, and that group decides, then collabs arent possible on that level imo.
Whatever it is, in the ideal collaboration and business, both parties should feel like winners.
The chance of this is almost ZERO. Especially in the world of crypto. So it's completely unnecessary.
You can look at the Western world, except for the Amish, no one, anywhere can live up to this in the long term. (and neither are they in every way)
I think most think this exact thing. Im not far away from that opinion myself. But... consider this.
What if you had a bundle of cryptocurrencies, using 1 brand based on agreed upon base values, marketed together and offered to the market under the same financial instrument in equal and fair distribution.
In a sense... Instead of 5 horses pulling 5 wagons, you have 5 horses pulling 1 wagon.
Is there a loser then?
The horses are the question. Are they equally strong, equally pulling? Therefore, will one horse depend on another to a different degree? Either one can fall, and pull all the rest. Do they eat the same amount?
When it comes to horses, the Amish would certainly have several more questions.😃
I generally think, everything better on your own.
Doesnt matter. Theyre represented on a fair basis based on market valuation. Even the weakest community pulling along the strongest one still does its proportional work for proportional gain.
You just want to pick them so theyre relatively close in size.
Financial instrument creates an incentive for mutual support without there having to actually be direct cross promotion. Its done automatically.
Everyone benefits while remaining focused on themselves.
Looking back at World History, Isolationism has for the most part been a failed policy and mostly detrimental to the "isolated" Nation. If we treat each blockchain as a Nation then it would make sense to have as many inflows and outflows (Bridges) as possible to create robust economies.
I doubt the hardcore members of the HIVE Nation would "defect" and renounce their Citizenship on HIVE however it might be nice to go vacation somewhere exotic every now and then. I would encourage as much collaboration as possible. I do understand that many of the developers may not like other chains for various reasons including petty reasons like ego and pride.
The community on HIVE seems to be one of it's most valuable assets. I'm really not sure why every other Blockchain does not have a Community Page on HIVE. It's FREE advertising and a great place to get some secondary "Citizens".
Because they dont want to lose investors. They will choose a WEb2 forum instead of Hive dapps if it means that the investors, users dont use other blockchains.
Tribalism is at the core of crypto. The first projects that manage to find a way around it, and i proposed a simple idea in the comment above yours, will be the winners at least when it comes to market recognition imo.
Take a look at the payment providers, gamefi project, metaverse brands etc. For example pixels game has collab with axie infinity company for authentication on metaverse. It all depends on what you want to do. Some people here have tokens on WAX and also on Hive layer 2. Context matters, collabs, cross projects, sharing of code and tech is pretty common on crypto ecosystem. That's how it is built. Especially true of ethereum. In open source world, growth happens when you share the code.
Only within the same overall project imo. I think someone mentioned that Cardano stole some Hive code to improve their chain. I cant recall what exactly it was. We werent mentioned, we didnt benefit, Cardano users only benefited.
Open Source code that leaves the bounds of Hive I dont think benefits us in any way.
Collaborations may be good and even seem like a good idea but the good thing will be that Hive and HBD should be favored. If they are popular l, we’d have more investors and their prices will rise too
You've been writing a lot about things I'm a novice at these days, man :P I think collaborations are good as long as they bring value to both sides.
Thats a given I think. It cant commence if there is no agreement on what the mutual benefit is.
The biggest problem is and will ever be the parasites
And especially the ninja stake that just got transferred to the top stakes, looool
Just reinforcing the top stakes
Greets
Not sure how that comment applies to this in any way.
The answer to your question is unimportant as long as we cannot rid the parasites out of our tech
as long as these parasites restructure our tech to only suck out all profits and ideas
by also using the ninja stake
basically two possibilities:
a) decentral tech for cooperation -> good outcome for your question
b) centralized tech for parasites to suck it out -> bad outcome for your question
got clear ?
I think for most cryptocurrencies, collaboration is just a way to get more investors to the project and as a downside also would have to share investors with the collaborating currency, so only one of the collaborating projects would get benefit out of the co working.
But for Hive I believe it's more about getting daily active users on our platform rather than bringing in new money constantly. Yes the Hive price is dependent on new money and if people come with 0 investment and start withdrawing only, it will again hurt Hive price, but that's not why we are necessarily here. With the 5+ years I've been on Steem/Hive I've come to not care about the profits I earn from this platform, but rather the connections I make and the good time I spend. The money is secondary in a bear market, but it's the first thing in a bull market (for me personally).
If you set it up via a financial instrument like the one i propose in the comments here that wouldnt have to be the case.
Collaboration is a necessity for any long term growth. "No man is an island" is a common saying. The question shouldn't be "do we collaborate?", rather it should be "who do we collaborate with?" One single project, no matter how vast their ecosystem, can't meet every use case. Collaboration allows you to have access to other services and tools while still maintaining your niche.
To me, integrating with viable, like-minded projects ought to be an objective.
As such the platform is working very well and now we will see more new users on it in the near future as the bull market has started. The higher the prices, the more people will use the platform.
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