RE: DHF is Leaking ~$700,000 Dollars of Value Every Year | Economics and Market Analysis
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With the memecoins there has been such a flood of them but I'm surprised that no one did the hour glass structure that Safemoon was from last cycle. I know those guys ran into issues with a lot of the stuff they said and the Department of Justice was going after them for fraud but besides that if that same structure was used for a meme on Solana I just think people would love it. Getting rained on in the wallet was something people really liked because that whole thing was a built in affiliate program and incentivised people to HODL without the coins being staked for a certain amount of time. Someone could have sold at anytime.
But yeah the premise of harvesting funds from other chains as a partial revenue model.
Solana had some infrastructure to easily create memecoins. The challenge will be to Bridge the Tokens to HIVE. Involving anything that is tradable on LeoDEX is a good place to start. There is no Solana support yet.
Well I'm not even saying having the meme really exist on the HIVE Blockchain as a tokenized version over here. I was more thinking of a secret strategic mining project on other ecosystems and crank out memes on various chains keeping 5-8% and then essentially using those funds to trade back into SOL or BNB and then use that war chest to advertise HIVE, pay developers to build games on HIVE, and help pay for hosting and pay for partnerships to get HIVE and HBD on more exchanges and that type of thing.
Imagine 100s of memes across Fantom, Base, TRON, SOL, Avalanche.....etc. It would be a small team and it wouldn't be announced what memes were part of the project on the various chains. As entertainment for those on those other chains funds would be collected for the HIVE War Chest. The same could be done with NFT projects on the various chains.
Another idea would be to utilize AI to crank out HOW TO content that takes YouTube videos and embeds them and then summarizes the steps of HOW TO Do something and then tries to optimize for SEO and collect Adsense and other ad revenue to add to the war chest.
(More Controversial Idea) Have a small team of SIMP Farmers who make AI generated women and harvest money from platforms like OnlyFans that then gets added into the war chest to build products on HIVE.
The way all this works is initially funding something like 4 separate proposals through the HIVE Fund with covert code names like "Operation MEME Storm", "Operation Lonely Road" and then not going into heavy detail but for it to be talk about in discord and trusted users on HIVE would be recruited to lead the covert operations utilizing the funds and paying other trusted users to build out a team and crank up the operations.
Another more direct route would be to pay a very experienced video game development company to build a Metaverse that is a play 2 earn fantasy world that connects to HIVE and utilizes our usernames and sells land and resources and advertisements within the Metaverse.
All we would really need are some really well built games that required buy ins to do more things in the game creating a ton of demand for HIVE. HIVE is one of the only ecosystems that could actually support an actual Metaverse.
I like the idea. A war chest is definitely needed. Convincing DHF to spend on anything will be a very difficult task. The initial steps will have to be bootstrapped. If more people were thinking like you (especially among the Whales) we would have a lot bigger brand recognition and user count.
I agree the initial steps will have to be bootstrapped but at what point does someone want to take that bet or take that bet on a newer blockchain. As time goes on the ecosystem has grown and adapted but also has a lot more competition as well.
A lot of people don't want to admit this but guys like Jerry Banfield pushed an enormous amount of traffic to STEEM. It's tough to assemble that level of marketing push.