RE: Liquid Staking Comes to VSC. Let's Understand Some Things Before That Happens.
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It will be interesting to see how HIVE Power will be used if there was a liquid form of it.
Maybe. There are some risks of centralization on the L1 - i.e. the witnesses of VSC where HIVE would be staked to receive the sHIVE would become quite powerful on L1 Hive, depending on the amount of HIVE being staked and the number of VSC witnesses participating. Their collateral would need to be significant too, since they need 2x the collateral of the amount they are allowed to process (I suppose that includes staking too).
splinterlands is doing a great job with the way they are voting.
You mean their proposals? They at least seem to be moving, DHF seems mostly frozen.
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I meant the way they are using their HIVE Power to vote on authors that promote the game in various ways. Curation is a powerful tool to incentivize content creation and sharing them across social media to bring more exposure to DAPPs. We are seriously lagging behind on our presence in traditional social media. The silo is slowly getting breached, but this is not enough.
It is in their own best interest too. Curation rewards + incentivizing content about Splinterlands, which makes it likely to have more of the same being produced.
There are initiatives to reward other Hive-related activities. Some of them have the backing of the stake of a few large stakeholders, so... it's being used.
Maybe more can be done. But it's not easy to get everyone excited about various initiatives in a decentralized blockchain.
This is somewhere we can definitely learn from other projects that made it to the mainstream. Some Memecoins have reached tremendous success without even strong reward structure for the community. Games with their character designs could become one of the things to blow up. We should look more towards merchandise/toys if possible.
Someone proposed that (again) for Splinterlands. Gave details too. Let's see if the team (or someone else with the team's go ahead) takes that road.
I know they did a small run with few stuffed toys. I personally think it would be fine to give license to any large company to put merchandise on shelves or even make an animated series that is lore accurate. If the potential audience is large enough, license could be given for free + tiny percentage of revenue. Going mainstream is the most important task at hand.
Yes, I remember those fluffy toys in the early Splinterlands history.
Here the thing about this kind of deals. They'd better be kept on a negotiated-bases. If someone is interested, they will get in touch with them to see how much it'll cost them to use the Splinterlands IP for other media types or products like stuffed toys. If nobody contacts them, it is likely nobody serious is interested, and there's no reason to offer IP at low cost to anyone, with limited resources to keep track of how everyone is using it.
This is a very good idea. We still have the problem of letting other businesses know about Splinterlands IP and what it can offer. I guess this falls under business development.
it's a little bit different for Hive assets so there is no strict collateral requirement for Hive and HBD.
So... we don't have as much of a risk of VSC witnesses running away with Hive assets staked on their nodes, or the system itself prevents any wrongdoing from their part? It's true, if they are well-known on Hive, they have reputation to lose if they do something wrong, but depending on the amount, at some point the cookie jar may be too appealing. Plus, we had good people on Hive who left without looking back at various times.