A post I keep putting off

For months now the community has been in "Wait for further instructions" mode. There is so much I wish that I could do but things keep getting in the way. I have lots of accounts open. I've been watching different Hive investments carefully. I was working hard on getting apps published to align with the community.

.... Then homestay students came.

.... Then the price of Hive tanked

and not I'm looking at this going where do I want to go at this moment.

Where am I going with this today:

• I'll talk about the original goal
• I'll talk about why Great Little Dragons
• I'll talk about what I'm focusing on at this moment

and of course I always love feedback

The original goal was a game linked to posts

Originally my plan was to make an Android app which would allow you to walk with your dragon and choose how to train it. Your choices on training and the steps you walked would determine how the dragon grew. Then there was to be an option to save progress which would require watching one ad and then progress would be saved On Hive. Daily there would be an aggregate report posted for the dragon and the community would upvote the report showing people actively growing their dragon on Web 2.

Of course ad's make money. Not a lot of money, but they make money and all that money was to be converted to HIVE tokens. If people became invested in the Web2 version of the dragon with its stats and characteristics the app would gently point them towards Web3 where they would find their dragon with all its stats and training hiding out ready to battle in Web3. All the money they earned from Web2 ads would be sitting there waiting on Web3. With a community ready for them to chat in.

I read an article by Hive account@ecohive saying he thought that dApps were the future of Hive. I absolutely agree but vibe coding for Hive isn't always seamless and I have virtually coding skills. I made progress but it was very very slow. Now that Hive has fallen so far and so much Hive needs to be earned to get any real world cash I think I'm putting the above idea on hold until things get a little more stable or I have a lot more capital to invest to do this properly.

But why Great Little Dragons?

Well the meaning was two fold. First of course because people would be training their dragon in the app. It is visual. It is easily understood as "Pokemon adjacent". Then when they find there is real money involved in Web3, hopefully people would stick around.

But the idea of a "Dragon" is more than that. There is a show called "Dragons Den" which is about rich and powerful investors who people pitch ideas to in order to get funded. A "Dragon" is a rich and powerful individual. But here is the thing. Dragon's don't start big and powerful. Baby dragons are virtually helpless and they grow stronger little by little over time.

My second goal was to help people start from nothing, just like a baby dragon, and grow more powerful over time. That is why I spent so much time tracking all the different ways you can delegate, curate, and ultimately earn Hive tokens. However, I really want things to be much more than just Hive.

Hive has many huge advantages.

But:

• Anyone / Anywhere can earn
• People can start with absolutely nothing and make something with writing and work
• People can earn rewards and interest through engagement and utilizing their coins
• Money can be sent anywhere, anytime with no fees.

Those are the biggest advantages I wanted to tap into.

Using Hive and my Hive account@terganftp account I set out to prove that people can make tangible money on Hive. I did that and about a year ago withdraw a sizeable sum from Hive and converted into cash. To me that was proof of concept. Start with nothing and make something. Available to anyone, anywhere. That is powerful!

But there is also a fatal flaw.

Hive can't sustain unlimited withdrawls

Sure I made money and withdrew it. Many people on Hive have. However, in the Hive system if money out is more than money in the value of Hive will diminish over time. If money in is greater than money out then Hive will increase in value over time. If people make apps which get people to put in real cash (Splinterlands for example) then Hive appreciates. If money doesn't come in? Eventually Hive dies.

That was why I wanted a Web2 app which brought money into Hive by advertising. I wasn't going to advocate for people to start earning and leaching from Hive without some sort of income stream. But there is another thing.

Never put all your eggs in one basket.

Hive is awesome but if Hive dies, or you lose your Hive Keys? All your money has vanished. Plus it is challenging to spend money from Hive in the real world. There are some great projects that are trying to get people interested in accepting hive as a currency and even ways for some apps that allow programming of blank debit cards to use Hive. Very interesting stuff, but not ready for mass adoption everywhere.

My thought was simpler. Show people how to make money on Hive, help them get a measurable amount of money on Hive. Invest that money OFF HIVE in the real world. Use investments from those real world investments to pay back or buy into Hive. Solves two problems: 1) It diversifies the person from having everything in Hive alone and 2) If people do it there is a steady source of real world capital that keeps coming back to Hive regularly

Which is why I want to try tiny loans.

I'm talking really tiny loans.

For fun I'm going to give the Hive account@cinderclaw account a $1 HBD loan. Then document how a total noob on Hive could use that $1 HBD to invest in different tokens and along with daily posting on Hive of quality content pay back the loan and jumpstart their time earning on Hive. Once I've paid back the $1 loan then increase allowable loan to $2 and so on.

The idea isn't that I'm "loaning" money for interest. The is I'm loaning to jumpstart someone and providing a path on Hive to actually start on Hive well.

If my capital increases well I would also love to be able to provide loans to people (tiny amounts only) to keep them from powering down. Sometimes people need a little cash for something small but really important. If they need to power down their Hive it does a few things. First: it is disheartening to see your Hive nest egg disappear encouraging people to just cashout and be done. Second: It weakens Hive. Third: It takes a long time.

If someone is a dragon in training and they run into an emergency? Why not lend them a small amount to keep them from having to cashout their hard earned HP and keep them invested in the system?

If you are curious to see how I would grow money?

Watch the Hive account@ashflare account.

Right now it has 0.01HP, no Hive or other altcoins. It is about as close to ZERO as is possible. Starting with a $1 HBD loan how long will it take to pay it off? What coins would I invest in? When I remove money to invest in real world assets what assets would I invest in? How much is received in dividends or interest monthly?

As I work thought that...if anyone wants to join in and post on how they would invest that $1 HBD (and pay it back over time) well, I'd love to lend the money, and give people a community where they can post about how they are doing growing their hive stash and what they are investing in.

Growing dragons slowly

That's it.

Now you know what I was thinking and what my goal currently is for the community.

Is it still functionally dead? Yup.

But after the first couple of weeks with the demo account of growing a little dragon (Hive account@cinderclaw) if anyone wants to borrow a buck and follow the path I'm blazing, then post about it regularly in this community. Well, that would be awesome. If not I can always point new users to a simple pathway and give a realistic number to how long does it take to actually earn money here :)