The part I wanted to mention is that it will incentivize anyone with a Twitter or other platforms we'll be adding in the future, to share authors posts and directly receive some tokens for it that'll in turn be tradable for other coins such as Hive.
Posh ahs been a great incentive and i think that a lot of the users we have on here now are waking up to the power of twitter. Until we are big enough to stand on our own two feet it is a powerful marketing tool to advertise hive and our content.
Until the token price gets a lot higher it will still be hard to convince people to post for 2c and we all know how hard it is to get noticed at the start and that is where the greatest point of failure is with onboarding. I've been advocating ad revenue and monetizing our content for a long time now and am so glad to see it entering the conversation.
Our content creators are our greatest asset at the moment and we should be making the most of it. Having @peakd and @hive.blog bringing in ads and using that money to buy #hive tokens is a real game changer. It's ads real revenue to the system and liquidity to the market. Whether the #hive is burned or used to rewards the users is a conversation for another day but it does need to happen. We need external revenue coming into hive and this is the fastest and easiest way to do it.
Investors will come in time but only if we have a proper business model for them to believe in. Printing tokens everyday is not going to do that. Having an active community with ad revenue to float the token is.
Needless to say I think you can all imagine what it will be like once front-ends such as Peakd were to integrate ad revenue or BAT through brave for each author specifically. Another noteworthy thing to mention is that posh would also make sharing older posts rewarding, on top of the referral rewards and possible ad revenue and tipping I think we're getting pretty close to evergreen content which a couple years ago was seemingly impossible with the way things worked on our blockchain.
I #posh every day but with ads it would make me a lot more hopeful as people clicking my tweets would directly relate to the growth of hive and that is something we can all get behind.
This is something I am pretty sure is going to get a lot better with communities. Already when we were actively curating posts in the OCD community we made sure to check all posts and then of course check if the newcomers were legit, etc. The shitty thing is that shortly after we do that the scam rings and farmers appear, they are the ones that make it harder for newcomers. Other than that if new accounts join, provide some verification from their twitter/instagram/youtube I don't think they do too bad. As I mentioned in the post no where else will content creators be able to instantly see the rewards like here and here the rules incentivize curators to find these new authors and posts and then share them around so they can receive highest CR ROI.
!ENGAGE 50
ENGAGEtokens.