I have a lot of thoughts about all of it. We aren't alone over here in feeling the downward pressure after not having a full blown alt season. The Arena token and AVAX are really getting pressed despite having a lot of positive things going for it. Same thing with the Internet Computer Protocol and platforms like OpenChat. OpenChat is pretty impressive.
The tokens have really been pressed.
Any of the socials have been extremely hard to monetize in general. YouTube kept tightening the noose and when you put up a video it tries to put in an insane amount of ads.
Hive is basically that the buyer demand out paces the token inflation and also hopefully the US Dollar inflation biting our heels as well but currently most aren't buying into the game theory. Same with other systems like AVAX. Prices have been crushed.
The chain really hasn't been marketed effectively which doesn't make a lot of sense considering there is the DHF.
Basically the thing has always been that you have to buy a huge stake and build a completed app to then MAYBE get funding. Thar simply isn't going to work. Imagine Microsoft saying that you have to own 1,000 shares and build a new product to get an interview with them.
It's very much a scarcity mentality when it comes to the funds.
There's not enough revenue sources that are external. The DHF could be used to private label it's own energy drinks, eBikes, ....etc
The focus has been more digital but using the funding to build real world businesses that replenish and stack more for the fund is what I feel it should branch to. Digital stuff as well. More game development, prediction market, etc.
I like the premise of HBD and feel it could become a bigger player with more centralized exchange listings or the tokenization across various chains. It is the best implantation of a Algo stable coin we have seen.
The whole ecosystem is at risk and it's hard to start living a life of abundance when investors are upside down and funds seem more scarce.