Who Is Going To Build The Everything App On Hive?

Elon Musk continues to make waves after his purchase of Twitter. This is news that keeps making headlines. Knowing Elon, he will keep pushing buttons which gets a portion of the population upset.

Regardless of how they feel, they keep tuning in which is the important thing..

As for Musk's plans with Twitter, they are starting to roll out. Those who know him the best, going back to his PayPal days are appearing in videos. From there, we can start to connect the dots.

Musk openly stated that he is intent on building the "Everything App". This is in the same vein as a WeChat which is much more than a social media tool. The goal is to provide payments, banking, and a host of other financial applications. It is will not be surprising to see them offering mortgage applications on Twitter at some point.

The great thing is all of this is possible on Hive. Blockchain provides a different data structure that allows all applications to tie in. When we break down Twitter, we see it is nothing more than a front end tied to a database, albeit centrally controlled.

Hive changes the game a bit by offering base layer text storage which any front end can access. At the same time, there are projects such as SpkNetwork that are seeking to do something similar with video.

The question is what application is going to take this idea and pull it all together? In other words, who is going to build the Everything App on Hive?

The Reverse Of Specialization

Social media history has seen specialization. We have YouTube for video. Facebook because a general use platform until it was targeted by the younger generations as "Grandma's social media". In response, the company went and bought Instagram. Then we have microblogging, something that Twitter brought to the table.

We can also turn to platforms such as LinkedIn and Snap, which had their own target audience.

It seems as if everyone was trying to carve out a niche. The latest is TikTok, which is a global rage. Short-form video is taking off and this application is poised to surpass Google in this area.

On Hive we see something similar. The "tribes" were constructed based upon long-form blogging and focus on specific areas. That is feasible since it is communities coming together. However, the issue arises when we look at the new trend, especially with Musk involved in the social media game.

He is not going specialized. Instead, he is looking to expand the platform into many different areas. This requires nothing more than taking what is allowed to be housed in the database and enabling the front end to access it.

Hive can do the same thing. The only question is who will start the process?

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Offer It All

We saw a similar experience on Hive as social media in general. Each project team focused upon something different in an effort to carve out a spot for themselves. Of course, with tokenization, the idea was to bring value to those who were HODLing. This has not worked out as most intended.

Here we will make a forecast: the front end that ends up really staking a claim on Hive will be the one that gets a head start on building the Everything App.

What this means is that while there might be a focus, other features are offered.

For example, most of the front ends offer the ability to engage with one's wallet. At the same time, they are also interacting with Hive-Engine if they have a token. This means that financial activity is already a part of the application even if that is not the genre the community targets.

As stated in the past, DeFi is going to be interwoven into everything online. However, after hearing some of Musk's intentions, everything about finance and social media is going to be interwoven.

These are some of the things we can foresee being a part of highly utilized applications:

  • payments
  • microblogging
  • long form content creation
  • video (both short and long form)
  • banking
  • chat and direct messenger
  • buying of securities (ala Scottrade or E*Trade)
  • commerce/marketplace
  • currency swaps

What if Musk is able to add in features such as TikTok and YouTube to Twitter? What does that single change do to the platform? How does it affect the others?

The point is we can see where this is heading.

Turning to the Web 3.0 world, this is an important concept to understand. If the infrastructure is in place to offer this stuff, developers will have to tap into it. Basically, this is going to be essential.

Could this come from an organization like Binance? CZ does not care a lick about decentralization so he is another Elon in the cryptocurrency world. Is it any surprise he backed Musk with billions to buy Twutter?

Can you see where this appears to be going?

Separate Will Not Work

Why do we have to go to 3Speak to post a video and then use PeakD or Leofinance to write our text posts? How come there isn't the ability to do that from the application itself?

The answer is obvious, because there are different teams working on each. To turn this around, how come 3Speak isn't offering long form content creation or microblogging on their front end? Why are they in the mindset of niche focus (albeit a rather large one with video)?

How many applications on Hive can one swap $HIVE for HBD, or the reverse? Why aren't these applications integrating the internal exchange? You would think this is a rather important feature on Hive yet few have it.

Does anyone think the future is going to be a world where we download dozens of applications to do what we need? It should be perfectly clear Musk has decided to make that part of the past. He is going to build the everything application because he has the money and resources to do it.

How will Web 3.0 answer that?

Are we going to insist upon building an application for every feature? While communities is a great idea, that is simply the primary area of focus. In other words, that is simply data parsing. People should be able to filter out what they desire. That said, for large scale adoption of the application, it better offer more than just targeted focus.

Some might disagree with this assessment. However, the idea of one key being able to log into multiple applications is already becoming the past. Instead, we need to focus upon one application giving us most of what we need.

It is easy to foresee a Web 3.0 future where people use a small handful of applications. There will never be something that can access everything. That said, we will have a main application and a few secondary that cover niches we are interested in.

Whether you like Musk or not, there is no doubt he is a visionary who is able to get ahead of the curves. If you believe he is heading down the wrong path with Twitter, you might want to rethink that. He did not just put $44 billion on the line in a quest for free speech. He is well aware of the need to turn a profit.

He also has the ability to be a trendsetter. The entire automotive industry is focused upon electric vehicles because of him. Will there be a time when social media is reflective of something he outlined? There is a strong possibility of that.

Musk is intent on building the Everything App. This will be a centralized, Web 2.0 platform.

Will Web 3.0 have an answer? Will Hive?


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Maybe Twitter shares are the thing I should be looking at. In other news one of his first moves was to deactivate Amber Herds Twitter account. It's gone. 🤣

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Why do we have to go to 3Speak to post a video and then use PeakD or Leofinance to write our text posts? How come there isn't the ability to do that from the application itself?

This has been bugging me for a while now. I have some really good video that would enhance some of my posts, but I almost have to publish it as a separate post to get any kind of link to it. It isn't very intuitive or user friendly. I look forward to seeing someone merge those things into one place.

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It is a mindset that these development teams. Instead of looking to add all features, they are stuck in their niche.

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Yeah, I guess so. It has to be hard to go outside that wheelhouse too. Maybe someone will take the chance though.

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The incentive is there. The app that takes the initiative will likely clean up.

It will be the most valuable layer 2 token on Hive.

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This is one huge reflective content... I agree with you that musk did not put out a whooping sum of $44 billion dollars for free speech, his intent is to maximize profits in such a way that we can't comprehend. You made so many valid points narrating and listing out those factors about everything app.

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He will make money. Even if there are 200 million people on the platform, that is a huge number to leverage by offering some of what I listed.

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Certainly he knows what he is doing, investing such amount!

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I hate the fact that Musk bought Twitter. Because he needs Russian and Chinese rare earth metals, there is no doubt he's going to sell the massive amount of personal information he has to these dictatorships. I won't be using any of Twitter's financial services or share any more personal information with Twitter than I already have.

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As opposed to everyone else requiring them?

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What do you mean? I have less problem with my personal data being sold to a more benevolent actor than some dictatorship.

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Any Data that is for grabs will reach everyone who's willing to buy it eventually.

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(Each project team focused upon something different in an effort to carve out a spot for themselves).This is where Hive is heading .Once the blockchain starts to work together then it will then be a beneficial chain.For now everyone is Comfortable where they are.

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Other web 2.0 platforms are watching closely and will soon copy his playbook. I think Elon Musk is redefining the freemium model on social media. The idea that one could seamlessly use social media without paying is out the window. The subscription model is a really great idea in solving a number of problems Twitter was facing in regards to the bots and everything. Now, he has brought some kind of structure to the platform.

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Twitter will never be the same again. A lot is changing already. I noticed that spam twitts has reduced drastically.

Something else I smell; seems twitter is not going to be free again. A day ago, Elon Musk had this to say in one of his twitts "To all complainers, please keep complaining, but it will cost you $8" lol

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Maybe he'll let people use whatever they want as wallets linked to their Twitter accounts.

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You have said it all because Elon did not buy Twitter just for free speech alone and we are seeing some moves already and I'm sure he will unlock all the potential and this can bring more money. I believe the future of hive is great and with time everything will come together

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It seems am not the only one that writes my text post from PeakD for my 3Speak posts. Would be nice if the DApps we have stretches a bit further out in offering more use cases. Perhaps we will more of that in the future as development continues.

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Twitter is still a centralized company and I am sure Elon wants to build his ideal there. However, I think there is definitely enough space for alternatives on the market, and who knows if they can surpass Twitter. I just think it depends on how well people develop things because it needs to be easy to use to attract people.

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THis is the first time I am seeing the division of Hive working against us. I really hope some of the teams working on these projects can read your post and make the changes necessary for Hive's development. Imagine if we had PeakD and 3speak integrated into one. I can see how that would make Hive very powerful not only because of the app that would come out of that but because of the master minds that will be at work. There is also the addition of resources.

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