The power of Hive just keeps growing.
Today, it is with great excitement that I share how we are near the release of a platform that can go after a $20B industry.
How do you think the prospects of Hive will expand with this development?
Like most things on blockchain, this allows for the removal of middlemen and platform providers who take a large chunk of the pie.
How do you think independent developers will feel about getting paid as long as they keep making updates to their creations?
Do you think users will like the ability to not have to pay nor download anything?
Like most things on Hive, payments come via votes. Now, we have a platform that really caters to the independent developers, a group that were repeatedly taken advantage in this industry.
What is the $20B industry? It is gaming.
One unique feature
The goal is to create an independent gaming community that extends outside the reach of the Hive community. Free games usually require downloads or having to endure annoying ads.
This is another major application that has tremendous potential. Blockchain is still a young technology. It is often said that the early adopters of newer technologies, and a large reason why they go mainstream, are the porn and gaming industries. By having a gaming platform which encourages independent developers, this could be a major boost.
The benefit to all on Hive is that anything which adds value to the ecosystem enhances the value of $HIVE. This will expand the reach of the blockchain while offering the potential to bring a large amount of users.
There already are a few games on the Hive blockchain. However, having a platform that exists specifically design to cater to the needs of gaming developers and users is outstanding. This really could elevate the visibility of the entire ecosystem while bringing millions to Hive. The interest in gaming, among millennials, has already passed traditional sports. It is a growing segment that is only expected to increase as virtual reality is introduced.
Each week we are seeing more development that is utilizing the content/reward system that is inherent with this blockchain. It is hard not project how things will be when there are thousands of different applications coming out each year. This is the potential we have before us.
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