Hive is nothing without content curators
We are still early it's just a beginning of the Hive blockchain development that's why nothing is perfect yet, hive Curation or upvote option is a most appealing thing for many new users, hive curation or upvotes system needs a lot of improvements
In simple words we need more content curators with nice upvote value, few days ago a hive user from Africa got injured after an unfortunate incident, he asked hive community for support and help, More than 1000 hive users give upvotes to his post and he got only around $100 in rewards
Means we have very few hive users with a good upvote value,because most hive users are interested in Author rewards, It's very easy to become content creator on hive as compared to Content Curator, some hive users have very good hive power or upvote value but they are not interested in Curation rewards
If you are a good writer you can earn a good amount of rewards as a content creators, but you can't earn decent amount of rewards as content curator until you invest a lot of capital or Accumulate hive Power for few years
We don't need only content creators ,if there are all content creators or nobody is there to give upvotes then it will definitely not work or not help us to bring hive blockchain to next level of advancement
Currently hive Curation rewards are less attractive for hive users, because nobody interested to invest $50K in order to earn $10 to $20 dollars a day, because they have many other better alternatives with same amount of investment with better returns I mean APR%
I am not a technical person, I don't have complete technical information about how hive curators or upvotes systems devolved or worked at protocol level, that's why I need some help from the Hive blockchain developers or users who have indepth knowledge about that like @taskmaster4450 @arcange or any other
My question is that is it possible to adjust hive vote value at protocol level? I mean is it possible to increase upvote value? so hive users have more upvotes value with less hive Power or there is some limitations like daily hive rewards pool etc? please someone help me to understand this 🙏
I know Hive blockchain is much more than just decentralized social media, but rewards system is a backbone of Hive blockchain, it's a a basic idea and purpose of Hive blockchain creation after decentralization, that's why without implementing changes to rewards system or attracting more new unique users to become content curators hive blockchain will be nothing and not even processed to its next level of development and growth
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Nice post and worthy questions to answer. Its sometimes discouraging to create reasonable content with little or no value in reward.
I hope one day we will have improved hive Curation system
Great questions, sure Hive is a much more complex ecosystem. The question of investing 50k is particular because we say that first of all you have to have it eh eh! Then certainly one does not invest 50k for 10 dollars a day, it is to be understood since in 365 days (taking them every day) you have 3650 euros which are ip 7% of the capital (which is excellent for an investment), plus add 3 % due to holding HP, they are very respectable percentages for investments and moreover, the magic of compound interest could be exploited. This is to say that if I had 50k today I would invest them blindly on Hive regardless of the current trend of the crypto market; moreover if I invest 50k today and to have them work there no less than 5 years. Of course everything you wrote has a different place and I agree with everything. Here at Hive, I prefer to place myself as a creator, curator and investor rather than just one of these three categories. Thanks for the nice post and sharing!🤗
I think we should make hive Curation rewards more attractive or profitable
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Veews helps a great deal with curation.
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Thanks for introducing me to Veews, I will try it then
Let me check how its helps