It reminds me of when Defi blew up, YFI went from a few cents to 40k and ETH barely budged. People actually thought that this was bad for ETH somehow. You can’t have a successful blockchain without successful apps. What us Hivers have been seeing for years is coming to play. Leo is the largest most successful tokenized community on the planet. Splinterlands is the most successful blockchain game on the planet.
Resource credits are gold, and we are just getting started. What happens when we have a dozen more highly successful tokenized communities and games? Think big players won’t take notice? They are on the hunt and Hive is what they are all looking for
I agree completely.
It is easy to see the trend that is in place. We are seeing the transition away from what happened on Steem to an ecosystem that is multi-faceted with a lot of development at the second layer. That is what will draw the attention.
But one cannot get away from the base layer being the foundation. People believe in "hive the technology" but question the prospects of the token.
People think I am insane when I say Hive will hit a liquidity crisis. There will come a day when the 150 million or whatever Hive is available will see eaten up.
With the way the year is starting, it might not be too far into the future, within 6 months perhaps.
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