It might be raining now and you are thinking about your bags, but don't be a pussy, relax with a drink and soon enough, boom - you'll be a whale.
It is Independence Day in Finland and it is also day 6 of my daughter's Christmas calendar. Today's gift as "Story Dice" - Dice with images on them to be used to inspire a story. My daughter has a good imagination when it comes to storytelling, but once being constrained by the dice, she ends up simplifying far too much, essentially naming things on the dice.
Stories are powerful.
Like the very simple story above, currently, there are a lot of people worrying about their holdings, worrying if they have missed the bull market, lamenting that if they have, why didn't they sell at the top and, counting their losses, despite them ,most likely being up hundreds, of not thousands, of percent this year alone.
What people are doing is, speculating.
Speculation is literally looking at the information one has and predicting what is going to happen in the future, which like the dice, is am informed story. But, not much information is needed for much of the trading stories and while people are told to do their own research, most do not - rather, they make the decision on the most rudimentary of information, mostly coming from third parties and hearsay. And the premise of the story is very, very simple and asks one question - is this token going to go up, or down?
What do you think?
If you were to go through all of the tokens and bags you hold, what stories of the future do they tell? Can you even tell a story about what you hold, or is it that you know so little that there is not much to tell? I think that this is something to think about, because if when the tokens you hold have no story for the future, what are their chances of surviving into it?
For example, I think that most people have a pretty solid story about the future of Hive and the funny thing is, it doesn't really matter if they believe it is going up or down in my opinion. The reason I think this is because it means that people are actually thinking about it because they are here using it. Most "projects2 are less project and more just random token created to take advantage of people hoping to make gains from it - while the real gains are made by the project creators, who sell into the hype.
Hive has never really had that much hype surrounding it, yet it is one of the most used blockchains in the world, especially if you consider the kinds of people it is used by -who are people like me - relatively normal. It isn't some random token of promiseware, it is something that has a highly diverse userbase and many facings that are actually working to service them. For those who are here using it, it makes for a far better story.
However, it is price that attracts many investors at the moment and as we can see from the current prices of Bitcoin and Ethereum, people like to buy high. This is going to be quite interesting for the future of Hive, as what is possibly going to happen is that once the spotlight turns toward socially-powered and play-to-earn blockchain experiences, the interest in HIVE tokenization models increases by magnitudes.
I know that for many, "my story" for Hive looks like pie in the sky, but markets don't have to make sense as they shoot upward, but lookin back, people will explain it away as "inevitable" because of yadda yadda - Often the same people who were skeptical in the first place and told a very different story at the time.
The most interesting thing about the story of the future of Hive for me isn't the potential for a massive increase in price (that'd be awesome) however, it is what happens after that. If you imagine that most project shoot up in price and then retrace with essentially no floor because there is no reason to stay in the project at all, Hive is different because there are at least some reasons to stick around and use it, if not hold some HIVE POWER.
For example, while it might only take 50 HP to be able to interact here adequately, that is about 100 dollars on the open market today and that might be too much to pay for many people. However, with coming Resource Credit delegation, millions of people can be enabled for far cheaper than that through various subscription models, giving holding HIVE POWER the potential to become independent SaaS models of a kind, earning additional income on top of curation, interest and airdrops etc.
As Splinterlands has shown, there are many ways to monetize tokenization models, whilst still providing value to the userbase and I think Hive projects are going to get increasingly good at both empowering and building wealth from and for its users. Of course, not all will be massive hits, but the sheer range of possible combinations will see relatively many over the next few years make inroads into the mainstreaming economies of the crypto ecosystem.
This is my story, and I am sticking to it.
I am not sticking to it because I have been here so long telling the story, I have been here so long because of the story. The reason that I am and have been so active so consistently on Hive is because from my speculation, Hive has one of the best stories for the future, one that has a past that has been doing on a smaller scale what it could do en masse as we move forward.
With a little bit of price action combined with the growing discontent with the economy and wealth gap, as well as the drive into the Web 3.0 gig-economy powered by crypto, and everything on Hive changes and people across the world will be looking to join or replicate its success.
Replication is great, but one of the super powers Hive is going to have with the increase in price will be, highly motivated and active staked users and, a very valuable Hive Development fund that can be used to encourage all kinds of development activities. Used well, and we can support all kinds of application development on Hive, from games to service structures that bring immense value to the ecosystem at low entry points for the development teams.
People always seem to be telling the story of Hive as if it is always on the brink of ending, but that is not the case at all. Despite the history behind us, we are just beginning this journey and we are ell ahead of the cultural curve that is going to increasingly make Hive more relevant in the public narrative going forward.
Hive is full of amazing stories already and there are going to be far more to come, as people start to build their digital homes and empower their practical lives. When people speak about Hive, they are going to tell a far better story than, I bought low and sold high because they will still be here on Hive - earning and creating value for themselves and others.
And I think this is one of the main attractions of Hive - unlike the buy and sell of tokens, we are in this together. It is challenging, but it makes for a far better story.
Roll the dice - create your story.
Taraz
[ Gen1: Hive ]