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RE: Incentives For HBD to Become Desireable as a Payment Method

in LeoFinance7 months ago

Those are good options. p2p no-fee would definitely be helpful, that is why I was considering it before. But the one providing the Fiat is taking most of the risk, since they're taking a stablecoin that has little upside, and will incur the fees if they want to convert it to Fiat themself. I can technically put the HBD to the savings, I just don't have enough funds or liquidity to steadily provide the Fiat haha. There is also the option of the store making a Hive account, and making me a small beneficiary in their rewards.

As for other discounts, I was actually thinking that the store can encourage the clients to make a Hive account, and post about their order and experience. The store and I can upvote it [with what little upvote power we have] to get them started, and maybe ask HivePH for some support as well. The store can give a discount on their order for their efforts [or I can pay for the discount].

There are a lot of options, but no funds haha.

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The problem is all these solutions (both mine and yours) don't help HBD or HIVE grow exponentially. We're just thinking how it can be improved a little bit. But we need major growth.

I was thinking that the smart contracts will be the catalyst for it to grow exponentially. I'm just thinking of ways to help in my own way. I wouldn't discount word of mouth though. Crypto exploded in the PH because of Axie, and that was mostly due to individuals growing [Manager and Scholar].

Yep, but we already moved away from commerce. Smart contracts will probably give wings to Hive. Axie wouldn't be possible on Ethereum (and then, Ronin) without SC.