Hive is Foremostly a Blockchain for Social Activities
Hive was foremost a social media before a place to earn. It seems that earning on hive became a priority and the reason why many new users get frustrated after a few shots without much financial gains. The financial side of hive was loud during ads that brought these new users. However, the financial face of hive is layered upon the social component. This being said, where there are no socialization and engagement, investors on hive cannot make profits.
Sharing within Hive is what allows us to meet, interact and create community. This is very important because thanks to this communication exchange, this blockchain grows, strengthens, and even diversifies and new ideas emerge, while generating very productive relationships between users
1,000 Comments in 30 Days is a Huge!
I have been a hive user for Five year, and counting months into the Sixth year. Within this time frame, I have committed 12,368 comments, about 1,500 out of that is on Threads alone. looking back at the Five years completed, I would have been contributing at least 2,000 comments yearly to the Hive blockchain alongside about 450 posts. 2,000 comments a year means about 167 comments in a month and that is quite some big numbers.
While fantasizing on 167 comments a month, I've made a record 1,000 comments in the month of May, 2023 courtesy of Threads. That is about 6x what was obtainable before now. In fact, over 5000 comments were committed in Three days during the first weekend Threadathon. 1,000 transactions coming in from just one user means so much on the total transactions expected on Hive blockchain to keep it amon top utilized blockchains.
I still have about 18 hours before the end of May and would hopefully send in more comments as threads. The idea behind my concept of threadathon was to introduce the spriti of sportsmanship as we thread. Each new week or weekend, each user gets motivated to break his previous week's engagement statistics. When live tracking of threads come live, we'll enjoy the concept of #threadathon more and I trust there would be aways that such counts would be adopted into the gamification system of LeoFinance.
Micro-earning is a Thing!
Threading microblogs of 240 characters is not just for the fun, we earn too. Threads has redefined micro-earning from microblogs and there can be no better to explain "earning from fun. Out threads asides from a few technical thoughts on crypto, blockchain, Hive and LeoFinance are majorly general contents. In fact, my threads that generate more interactions are non-crypto threads. I have observed that threading about #food #nature and the daily compliments tagged as #gmfrens generate a lot of layers of interactions.
Life is already very serious and threads helps us to ease the seriousness of the day by talking about just anything and relishing the moment. We know how fast the entertainment industry - sports, music and comedy are growing on daily basis, I see microblogging as one of such avenues to get entertained.
Earning some cryptocurrencies- $HIVE $LEO $HBD while getting entertained is a lot of profit and an added APY. In the screenshots above, @Jongolson gave two perks on my microblogs and that's mounting to 8 Cents already. My share on that would be 4 Cents. The worth of it in ten places can afford a bottle of coke. That's refreshing you see!
Micro earning from Threads will become another big source of income on the long run and it could mean a lot for those of use from third world and developing economies. While believing that the Leo Team would see to ways to reduce spam activities from threads but I see an added source of income from entertainment. It would make more sense when short videos and audios would be embeded on Threads in the future.
Final Words
Without a doubt, Threads has come to stay and it is redefining social engagement on a blockchain. We are are having the ultimate social media experience where we own our data and can monetize it. We are in the age where Socialmedia is driving a lot of influence and knowing how to utilize threads can be of great advantage and compounding profit. The possibility of sustaining an organic socialization momentum while providing for immutable, and permissionless operations where every content is protected and owned by the user would mean a lot. This is what Threads mean to me and other users!