HOW NOT TO WASTE YOUR TIME ON HIVE
Work illustrations by StorysetThere are two primary reasons why people join the hive blockchain. The first is to build financial wealth through content creation, gaming and whatever avenue the blockchain avails to them. The second is to grow their social capital by fostering long-lasting relationships and building communities. Unfortunately, many individuals are unable to achieve either of the two despite spending years on the chain. In this post, I hope to cover some of those reasons in this post and proffer some solutions.
Hive is primarily a social blockchain engaged in social mining. A good rapport with other stakeholders and communities (whichever you belong to) is equivalent to the mining operation of a crypto miner, without which you cannot create currency–cryptocurrency. One major way to build rapport on Hive is via content creation, however, I consider it the least effective way and for obvious reasons.
There are few people who can create engaging content that initiates engagement so that rules out the chance of most hivians making or building anything substantial on the chain. Unfortunately, most Hivians continue in this fruitless pursuit because they hope their fortune might change if they remain consistent. However, consistency doesn't equate to results. The fact that you are actively engaged in something does not mean it will yield any fruit. So you are effectively wasting your time.
If you do manage to garner some support by virtue of the quality of your post, the chances of maintaining this income stream for the long term are outside your control, hence, I advise newbies to be diverse and engage in as many communities and projects as possible. As long as you are adding value you will be compensated in some way, and if that's not the case, I will also advise that you channel your energy elsewhere where your input is appreciated.
As earlier stated, your earning potential on Hive is predicated on your ability to create rapport and if your content is unable to do just that then it is ineffective. You're better off exploring other options and there are a plethora of options on Hive. The simple fact that this is an emerging ecosystem with a number of communities and dapps with the long-term goal of bringing web3 to the masses through meaningful projects, you have the unique ability to contribute. The key thing is to understand the dynamics of the ecosystem.
My first piece of advice to Hivian trying to make the best out of their hive experience is to join an active community. There are a plethora of things happening in Hive simultaneously. Chasing after everything is one key way to lose focus and miss out on opportunity, thus, finding a community that aligns with your values and goals is the best way to go.
When you do find a community, the next step is to contribute to the community’s growth and that entails joining campaigns, staying active, providing feedback, etc. These things have little to do with creating content but it does have a lasting positive impact on not just your earning but also your social capital which opens doors of opportunities within and outside Hive.
CONCLUSION.
Most of the most influential people on the hive blockchain aren’t creators. Although content creators are an important part of the hive ecosystem, there are not what the blockchain needs to survive. Hive is in dire need of contributors--people engaged in the development process of the blockchain. These are the most rewarded individuals on the blockchain.
Creating content that gains no traction is a waste of time and creative material. This energy can be channelled into other activities that benefit both you and the hive blockchain. I hope you begin to think about this and review your hive strategy to better position yourself for success.
Ask yourself: How do help my community grow? Understand that when you contribute to your community's growth, leaders and other members recognise your effort and result (because they are evident) and this is rewarded. Also, this kind of questioning helps you create more relevant content that helps shape your community's culture and proffer solutions to community-specific problems.
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Hive is a thriving ecosystem with loads of things to do. My advice to new people is to be genuine and engage with folks. If you are looking to get huge upvotes all the time it just does not happen like that for most. The ones getting those votes all time forged those connections long ago so it's unwise to compare your value in upvotes. I would look at how many people comment and engage with you content for a better rating system.
It still marvels at me that many do not understand that huge upvotes (most of the time) are a result of all years of building social capital consistently, with proof of commitment via staking. That has to compete with any level.
Excellent post. It's encouraging and practical while pointing the way to true value. It's also giving me, personally, some ideas. :-)
I am glad I can be of some help. Thanks for stopping by. Cheers!
Thank you very much dear @nonsowrites for sharing these timely guides that are always important to keep in mind.
Thanks for stopping by ...
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I think there are controversial points here. For many who have joined Hive for a long time, this is no longer just a place where you can get additional funds, but also a place just to communicate. In addition, here you can discuss topics and express thoughts for which, for example, on FB you will simply be blocked by censorship. Ultimately, the conclusion about whether time was wasted or not depends on whether you achieve exactly your goal or not.
I don't think there is anything controversial here. There is a small subset of individuals who are genuinely interacting in building rapport (which is the core of this post) and there is a right way to also go about that.
I don't mean the controversy of your statements in general. I just want to say that there are always exceptions to every rule.
And you are right. Exceptions do exist and I am very well aware of them. Thank you for stopping. I do appreciate your comment.
Hive is indeed a thriving ecosystem and one needs to be strategic in what they do. Ultimately, the more value one provides, the higher their chances of succeeding and achieving their goal. Building social capital is really important.