Your right but we still have the two biggest problems.
-
Onboarding.
It needs to be as simple as signing up with your twitter or google account and start using these accounts. That is why splinterlands was able to sign up so many people, they had light accounts. Hopefully leo will have the same push. every other app is over complicated. -
Self sustaining.
Too many apps are dependent on the hive blockchain to provide running costs from the DHF and also for it's rewards structures. Over 95% of the projects that i have witnesses here some of which could be great, ultimately failed as they had no value proposition. No business plan and no income. They need to be able to fund their own running costs and the token behind them. Again splinterlands and LEO ar ethe only two earning revenue.
Peakd is the greatest waste on the blockchain as it's an amazing app. So far beyond what medium or other sites can provide but they should be earning ten of thousands a month in ad revenue. Money that could be used to fund their running costs rather then the DHF or even to buy Hive form the market and distribute to the community which would add to the reward structure and also help the token price. External money buying hive form the market every month.
Unfortunately these are still the same issues from 5 years ago and have not been fixed on a large scale outside of a couple of projects which have created their own solutions.
Until we see projects built for the lowest common denominator that can sustain themselves long enough to scale we will probably stay at this level for a long time yet.
Posted Using LeoFinance Beta
