No big names? No problem with the lack of famous names and corporations investing in Hive.

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(Edited)

I recently faced a challenge in convincing someone to join the Hive community. The reason? The lack of famous names and corporations investing in Hive. Ok, I guess he is a traditional investor...

As I enthusiastically explained the advantages of Hive - its decentralized nature, user rewards system, and the vibrant communities - my friend seemed intrigued but skeptical. He pointed out that the absence of well-known celebrities, influencers, and major corporations made him question the platform's credibility and long-term viability.

Quite understandable, it seems. I was asking him to use a new social media, and perhaps make an investment. He is quite adamant that it will not be a waste of his time.

I then attempted to address his concerns by highlighting the organic growth and genuine interactions on Hive. I explained that the platform is designed to empower individuals and promote authentic content rather than relying on the influence of big names or the financial backing of corporations. Besides, we own our data. Unlike the case of Facebook, hosted with them, and we are the products!


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Furthermore, I emphasized that Hive's decentralized model allows for a more equitable distribution of rewards, ensuring that all users have the opportunity to earn and grow based on the quality of their contributions. In contrast to traditional social media platforms, Hive offers a level playing field where individual merit and community engagement take precedence over fame and corporate interests.

Despite my efforts to persuade my friend, he remained unconvinced.

This experience left me pondering the role of celebrities and corporations in the perception of a platform's credibility and success. While it's undeniable that the presence of influential names can create a buzz and attract more users, it's essential to consider the unique value proposition and ethos of Hive as a decentralized social media platform.

In the end, Hive may not be the perfect fit for everyone, and that's okay. The platform thrives on the diversity of its users and their shared commitment to authentic content and meaningful interactions. As Hive continues to grow, it will undoubtedly attract a wider audience and perhaps even catch the attention of some famous names and corporations along the way.

For those of us already enjoying the benefits of Hive, we can continue to promote the platform by creating engaging content, participating in communities, and sharing our positive experiences with others. By doing so, we'll not only strengthen the Hive ecosystem but also demonstrate its value to potential newcomers who may have reservations due to the lack of celebrity endorsements or corporate investments.

I will try harder.

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6 comments
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That's kind of sad that your friend won't invest in anything that doesn't have a celebrity endorsement. Sometimes celebrity endorsements are even worse because they have the air of credibility but might be a complete scam.

Tell your friend to do his own research, and stop doing what influencers and celebrities tell him to do. Seems like an even easier way to get burned.

Nothing I hate more than investment advice or politics coming out of the mouth of celebrities. On top of that, they're actors for a reason. Their job is to make you believe something and that especially holds true for endorsements!

I get corporate-backed blockchains for investments. We are trying to change the face of finance here though. Again, just because it's backed by a corporation doesn't make it better. We're also seeing the FTC and SEC go after these celebrity and corporate-backed blockchains as well.

I get his reasoning, just seems a little silly though.

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well, this kind of thinking exist. so we need to be aware.

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I hear ya. As they say, You can lead the horse to water but you can't make it drink.

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I'm actually really happy there are no celebrities and corporations here. Otherwise that would be another toxic scrolling, ad-based cesspool. If someone doesn't see these features of social media as a problem then I guess he/she is not ready for Hive yet. Onboarding here is not easy feat.

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you have a point there. maybe that can be selling point next time!

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