RE: What one thing does Hive need to thrive?
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More consumer friendly. Content people want to spend money on (that includes games, media, investment opportunities, and so on). Paying consumers. Fewer lazy posts about Hive and how its broken or how it's some lame ass dream come true cult story. More entertainment. More unique personalities. More people actually trying to impress someone instead of working for auto rewards on twenty to thirty different platforms with junk nobody on twenty to thirty platforms cares about since those platforms don't have consumers either. Quality content with a mix of consumers willing to spend money equals higher token value and free marketing when content from the decentralized media platform gets shared on social media. Knowing the difference between social media distribution tools (Facebook, Twitter) and decentralized/centralized content (Hive, Youtube) would help as well, since so many don't seem to know the difference, and want this place to be 'like twitter' or 'like facebook' but don't understand those are just content distribution tools and it's very difficult to recoup the costs of emulating such behavior. People also need to understand money doesn't grow on trees.
Social wants to be free, and Hive's biggest selling point is a better way to do social. Why would you want them to pay??
If there's enough quality on the platform, you can expect investors to do the rest imo
Nobody is forced to pay anything. Paying consumers become investors in Hive. People want to monetize content here. This doesn't take anything away from those who aren't interested in monetizing content. They can still post freely. But in order to monetize content there must be money flowing in the door as well, not just out the door. Paying for content is normal human behavior. People tip and donate to creators all over the internet now. Why would investors 'invest' in a bunch of humans pushing buttons on the internet, if there's no money coming in the door involved? If this chain has plenty of consumers spending money on Hive, including purchasing the token itself, which creates demand for the token, the whole operation becomes attractive to wise investors.
Reddit still isn't profitable and yet I doubt it has any problems raising money. Internet-native investors look for engagement & growth above all else when investing in social, and expect to figure the rest out in the future.
To fuel engagement & growth, you want to ask as little as possible from users.
Money goes where value is, period. Even if that value is not tangible. Hive makes it tangible. It's a very interesting concept, and it is the future. Once there's enough quality (evidenced by engagement & growth), investors will come.
I'm curious why you think Hive can't emulate the big platforms? What about reddit?
Certainly a frontend can and should do this. A frontend like this might be the 'killer app' that kicks things off for the blockchain.
It doesn't need to emulate to be just as big or bigger. What do the big platforms all have in common? The fact they're all different. Why should Hive emulate reddit when a variety of multi media sources on chain would appeal to far more people.
PeakD comes the closest to this central hub style app. It gives you somewhat easy access to many other products on chain. Those products don't send you back to a home base though. It's not all tied together, just linked together halfway and haphazardly. Someone could stumble into a Tribe site for instance, and not know about other Tribes or even Hive in general without browsing the site for a long period of time and stumbling into random content mentioning those things, but only if the timing is right.