Someone pinged me and mentioned I should jump in - I'm personally in favor of removing Hive rewards someday - but someday is the operative word.

Hive is nowhere close to being ready to make the leap to either first or second layer tokenized communities.

Being so heavily involved in building Leo, I know the potential of tokenized communities. Are people attracted there just for the money? Some. But I would argue that the majority are attracted there for the engagement, development and enhanced sense of community. @taskmaster4450 would have plenty to say on the topic of better engagement on LeoFinance. @abh12345 also did a post recently showing LEO as the most engaging app on the chain.

Hive is a wonderful melting pot but that also comes with its own set of issues. A lot of butting heads disagreeing over the most unproductive things. Adding to the discussion of removing rewards - many argue that disagreement over Hive rewards is why they should be removed entirely. Since not everyone will agree that x picture should earn more than y 2000 word blog post.

As an investor and power user of the chain, I just want this place to succeed. Lots of issues need to be sorted before that happens and with LEO, we've built a place where we can just develop, reward content we like and leave the bullshit at the door. Everything we do is stored on Hive. That said, many of us are focusing less and less on the HIVE we earn and more and more on the LEO we earn.

To @nonameslefttouse's point, it will take 100 communities/apps like LeoFinance and a much better tokenization engine to even start the real discussion to remove Hive rewards.

Posted Using LeoFinance ^Beta