Hive Ecosystem | Data on Curation Groups & KE Ratios!

As someone who has been active and invested in Hive for 8 Years now, very much enjoying the platform for what it brings, it also feels like still many fundamental things are broken, which directly reflects the price of the token and the general adoption. Today, I bring some data on Curation and KE Ratios

Disclaimer: The main aim of this post is to raise some awareness and make a point. I'm not trying to point fingers, complain, or stir drama. None of this is black or white, and I'm totally neglecting actual content and the work put in, or how many new people it brings to Hive. I also think that curation groups are great for Hive and it's a good thing that people are able to earn something here to a certain extent.

Why Hive Isn't Pumping...

In the end when it comes down to price action, i's always the same thing. If more people press the Buy button, the price tend to go up and if more people press the sell button the price tends to go down or stay low. For people to buy a coin, there must be either a belief that the price will go up in the future or a use case that is big enough to justify the purchase.

In theory, the use case in Hive is to get more influence in the network as your upvotes, which represent part of the inflation, grow bigger and you earn more curation rewards. However, is this for most people really woth the risk? Especially knowing that you don't really require HP to earn and most of the 50% your upvote that goes to the content creators likely just gets dumped on the market.


Chart used from @dalz

Basically, the price of Hive stays suppressed because many people are trying to create content on Hive with an eye to earn and just cash out everything they are getting from it without much consequence to it or a requirement to invest. This puts in sell pressure while there isn't really that much reason why people would actually invest in Hive, knowing they only really get part of the inflation.


KE Ratio

This metric compares the Rewards Someone earned on hive compared to the Hive Power they own and can generally be seen as the best indication if someone is a net positive or a net negative for the Ecosystem (Off course, there are exceptions to this rule as Staked HP isn't the only metric). I also think Delegated Hive Power should count toward this metric by the way


If you want to check your own KE Ratio, you can do so on beebalanced.streamlit.app


Curation Groups & KE Ratios

The idea behind curations groups is that those who are invested in Hive Power and want to earn curation rewards without manually curating can do so by trusting their Hive Power in the hands of curation groups. Most of the time, a part of the curation rewards go to the curation group, while the ones delegating get the most. It is supposed to be a win-win deal as it should help the network forward, seeing the post rewards going to users and content that are good for the network.

However, I have noticed for a long time by randomly clicking posts that get curated, checking the wallet activity, seeing the majority are just cashing out all the time without real intentions to be invested financially in the platform. The same counts for many of the curators who feel like they have a list of accounts they curate just over and over again as a quick way to make some money.


Curangel KE Ratio Data

So I manually went to all the curated posts on yesterday's Curangel Suration Compilation (Link) to give a better view on things. I could have also done this with compilations from other curation projects and I don't aim to target Curangel in any way

Curated Accounts <3 KE Ratio = 54
Curated Accounts 3-10 KE Ratio = 25
Curated Accounts >10 KE Ratio = 22

Around half of the votes on that particular report went to accounts with a rather poor KE Ratio and 20%+ even went to extreme value extractors with a 10+ KE Ratio.

The Curators

AccountKE RatioMedian KE Curation
@phage930.473.90
@ewkaw0.622.55
@minismallholding0.663.45
@galenkp0.671.24
@nikv2.971.94
@equipodelta5.942.17
@brumest9.541.91
@jotakrevs11.055.57
@the01crow14.881.98
@anggreklestari16.976.29
@crazy-andy20.894.41
@edwardstobia32.282.25
@fmbs2561.372.36

The Curation

From @anggreklestari (Average KE 7.93 / Median KE 6.29)

AccountKE Ratio
@ruffatotmeee1.80
@mnssatrio1.99
@jenny272.00
@yale95reyra3.80
@tht8.78
@hive.samadi11.53
@princess-dara15.18
@azwar.ipank18.37

From @brumest (Average KE 10.75 / Median KE 1.97)

AccountKE Ratio
@lindoro1.10
@ataraksja1.67
@yeni821.83
@theworldaroundme1.86
@iscrak1.90
@rg2-foto1.97
@furkanmamplam2.23
@asklanbudi5.44
@akukamaruzzaman17.78
@dimascastillo9021.33
@my451r61.17

From @crazy-andy (Average KE 5.09 / Median KE 4.41)

AccountKE Ratio
@new.things0.68
@fermentedphil0.90
@triplug1.83
@alelin1.99
@sofathana3.65
@arieswilly5.18
@equipodelta5.94
@holoz0r6.13
@parvkhuller8.07
@cristiancaicedo16.53

From @edwardstobia (Average KE 4.62 / Median KE 2.25)

AccountKE Ratio
@belug1.66
@eldiariodelys1.88
@incublus1.94
@carmen16591.95
@ablaze2.25
@cesaramos5.51
@jlinaresp5.61
@valeriavalentina8.03
@jlphotographyart12.79

From @equipodelta (Average KE 5.59 / Median KE 2.17)

AccountKE Ratio
@eduardo9006131.18
@sacra971.30
@giezihrz1.32
@mariiale19791.78
@mairimmorales1.90
@pabloartisan2.00
@irvinc2.17
@efootjoker-yt2.31
@cajiro5.17
@josehany7.39
@hrichakar10.63
@jorgelissanchez13.20
@yonnathang22.33

From @ewkaw (Average KE 11.25 / Median KE 2.55)

AccountKE Ratio
@lesiopm0.49
@generikat0.78
@barnabo730.91
@willowink1.54
@muhammadhalim2.34
@calendulacraft2.76
@abelfotografia3.58
@isdarmady5.03
@anzirpasai17.95
@evildeathcore78.92

From @fmbs25 (Average KE 3.26 / Median KE 2.36)

AccountKE Ratio
@sirjoshua1.81
@sundayayuba2.24
@mayorkeys2.25
@picazzy0052.48
@alexdepool273.11
@ernesto64027.86

From @galenkp (Average KE 1.24 / Median KE 1.24)

AccountKE Ratio
@roswelborges1.24

From @jotakrevs (Average KE 11.80 / Median KE 5.57)

AccountKE Ratio
@jayna0.64
@ibarra951.01
@mipiano1.58
@silher2.45
@claudimar3.62
@sunscape5.53
@jlinaresp5.61
@silviabeneforti7.57
@lorentm19.23
@masummim5019.32
@estefania337.02
@yanes9438.12

From @minismallholdings (Average KE 10.93 / Median KE 3.45)

AccountKE Ratio
@aurora.jabon0.00
@quijotezco1.13
@taliakerch2.12
@storygoddess3.45
@esperanzalandia5.78
@piensocrates29.81
@mariperez31634.25

From @nikv (Average KE 7.20 / Median KE 1.94)

AccountKE Ratio
@qwerrie0.80
@borjan0.85
@gertu1.03
@sweettais1.72
@angelica791.94
@ajchampz1.94
@mrarturobravo1.97
@bertrayo2.21
@romanie9.73
@wilfredocav15.47
@alexa.art41.6

From @phage93 (Average KE 5.41 / Median KE 3.90)

AccountKE Ratio
@leeendah1.95
@noemilunastorta3.90
@chanych8510.38

From @the01crow (Average KE 3.67 / Median KE 1.98)

AccountKE Ratio
@generp1.90
@ronimarie821.98
@natica837.15

The Point I'm Trying to Make

Right now, there is way too much Free Lunch on Hive. If you check accounts and wallets from people who get upvoted by curation groups, I would say very few of them actually went to the point of investing in Hive, while many are just cashing out all of their earnings. This is not a sustainable model, and it shows in the price chart of Hive. While I believe everyone does with their stake pretty much what they want, I also believe that it should be way harder for those who have been here for years not holding a fair share of their earnings as Hive Power to give back to earn anything.

In fact, KE (including Leased HP) should be a requirement and a standard as part of proper curation. It should also replace the current broken reputation system. This would give users an incentive to buy or hold Hive and it would highly reduce the amount that is just dumped on the market.

Curation Groups should have a maximum KE Ratio number that everyone who wants to curate or get curated needs to be under. The good thing about this is that it doesn't affect new users, and it also doesn't require anyone to actually invest. It mainly cuts out those who have been extracting value from the ecosystem for a long time.


Conclusion

I would say to do the test yourself, check a random curated post from one of the curation groups here on Hive, and see for yourself if the account is an actual net positive or net negative for the Hive Ecosystem. You will be shocked to see what's going on in many cases, and it would be nice to see this improve so the ecosystem can benefit.



0
0
0.000
50 comments
avatar

Hey, I saw this post because I was tagged. Did you see my data about rewards : word count? I think it might provide some additional inputs and broader insights for your post:

https://peakd.com/hive-133987/@holoz0r/posts-word-count-rewards-communities-and-other-weekly-analytical-reports-2nd-week-of-july

I would argue that

a) Not every post is equal
b) they should be assessed against their peers
c) KE based curation would not serve to appropriately award those who are putting in a great deal of effort and actively have their ke go from big number to small number
d) There is already a great deal of nepotism on HIVE

An example, from my personal circumstances, with a KE of ~6.1.

I took a lot of my HP into Splinterlands, and it never came back again :) It came out from Splinterlands, and went into buying various photographic gear, which I put back into HIVE posts.

I definitely agree with you that there is way too much of a free lunch on HIVE, but my argument is that it might be the autovoters getting a lot of that free lunch.

We need more manual curation, and more encouragement of the genuine engagement that users participate in through initiatives like topcomment, for example.

After all, HIVE is a social platform. If we do not have people genuinely engaged in discussion, creativity, sharing, and other things, they will leave. I've been on Steem (and HIVE) for almost 9 years now, I have lost so many people in those years.

So many people who create content that is on par or if not better than most of the content I see in trending daily that is published (and voted for) by users with low KE scores.

I can also posit something else, which may be a dangerous statement to make: perhaps those with a low KE, with large, and high HP, and lots of friends in similar situations, may indeed feel threatened by the prospect of higher quality content trimming down their own earnings.

KE may not be the point of discussion, but there's one thing that I have observed.

People who are going to create things, are going to create things - whether there is a reward or not. Whether they choose to publish it exclusively to HIVE is another matter all together.

There are shit posts, and then there are shit posts yours is neither of them, and I look forward to seeing what sort of discussions it raises in the comments during the coming days :)

0
0
0.000
avatar

D.

0
0
0.000
avatar
(Edited)

There is another,

E) Not all content "creators" are in a position to invest external funds into HIVE to "increase" their KE, and such a policy by curators would likely see an exodus in those content creators should curation communities elect to vote only based on KE, and not objective matters such as post quality.

There's also option F) - All of the above

But the more I think about the comment I made above, the more I have ... more thoughts about curation.

I am not planning on going anywhere anytime soon, but I am definitely not currently in a financial position to "fix" my KE - other than through earning it.

The reason I want more HP (and I'm trying to earn it through good posts) is so that I can award content that I stumble across here that I wouldn't stumble across elsewhere.

0
0
0.000
avatar

Curating stuff is much fun and rewarding!
(Manual curation is hightly appreciated, no, I really do mean so). But this thing is a bit rare to find...

0
0
0.000
avatar

The curation isn't the reward, it is the joy I get from sharing in the joy (or sometimes misery and struggle) that the creator had in creating whatever they created. :)

I am going to bed now, but I will be interested to read other comments in the post.

I do hope the community generates a discussion around this post!

0
0
0.000
avatar

Good curation criteria should be comprehensive -> and not formal, not mechanical but manual. For me personally, KE / person's HP strength / amount of efforts invested in a post / user engagement, activity -> all these aspects are important.
Example (negative).
Look at 10 posts in a row from a common 'successful' Hive blogger, and you may see each post got solid support, while having 0 comments; or just 5-10 formal comments from bots; but did not attracted a single Hive user, all skipped it (even if they gave their votes for this content) - I see it as an internal vice.... and to me such rewarding is questionable. (And, yes, I understand very well when we add such a formal criterion for curators - it will not lead to anything good, except for hundreds of comments a la 'Brilliant click / Successful post / Have a nice day', etc). heh.

0
0
0.000
avatar

Or, you see an interesting topic - and see comments, and the comments are a combination of

"THIS POST HAS BEEN CURATED BY X"
"THANK YOU FOR HODL HIVE ENGINE TOKEN Y"

"Nice post Deer"

"Hmm, interesting"

And ... you get disappointed that there's no genuine engagement or discussion behind a potentially interesting post that you decided to read.

0
0
0.000
avatar

People who are going to create things, are going to create things - whether there is a reward or not.

Yeah. Hell yeah. But watching all sorts of sh..... er... stuff along the way (you labeled it politely as 'nepotism') - one is getting frustration and a thick layer of bitter feelings at the bottom of the soul by the end of day.

0
0
0.000
avatar

For me it is a fire to ensure that no one should be ashamed to create the content that they would like to see. I don't care what the content is about - (unless it is abhorrent or unmoral, or sees people being hurt, injured, or threatened physically or mentally) - like I think I said in another post somewhere - it could be content about someone making tasty charcoal skewers while on a skateboard, I may not be interested in it, but if it is quality, GO FOR IT.

If an audience wants to reward that, fine, but don't do it just because the person has a financial metric imposed upon their ability to earn.

Do it based on the output.

We cannot judge people by their "bank balances", we should judge them by their actions and their output.

0
0
0.000
avatar
(Edited)

I'm mostly going from the point of view on how to make Hive work and sustainable long term. Post Quality & number of words in that regard is more or less worthless in my view. That said, it is nice to have great posts on Hive, and there certainly is a problem also with low-quality auto-upvote posts.

All I'm saying is that there should be a balance, where exactly that is is up for discussion, but the KE Ratio in general is a good starting point. Just click a random post on one of the curation compilations and see if the person is a net positive or a net negative for Hive. That ratio is simply horrible at the moment, and there needs to be a clear reason why people should want to buy and stake Hive which right now simply isn't there. All of this isn't forcing anyone to actually invest, but just to keep a fair share of their earnings invested to give at least something back. Again, everyones sitiuation is different, and I do think that leasing Hive Power should fully count toward it.

I don't think you are bad for Hive by the way (not that I'm here to judge). If anything, I really appreciate those who are here for the long run and clearly put effort into every single post while are also willing to keep some Hive staked. I would pose the question, if you only kept 100HP just to do the needed activities on the chain, do you think that would fine?

0
0
0.000
avatar

I think people (who are not spamming) could probably get away with 20HP worth of RC to do the social thing of posting and engaging - but and this is a very big but, they may be missing the whole point on HIVE.

I know that we must all have some confidence in our own abilities as an author, creator, writer, curator, whatever label we wish to put upon ourselves; and I know that we have a lot of very smart people on the chain.

To me, the value proposition on HIVE is that there are few other places on the Internet where you can obtain immutable (in terms of being able to see the entire edit history of a text) - and that enable people to write longer form content.

Other front ends - eg Facebook, Reddit etc, are not optimised for multiple-images, rich text, video, sound, and all the things that HIVE has. The exception are places like Medium, Substack, or someone's personal word press blog, and all of these platforms are increasingly being over-run with AI generated trash.

Peakd (my preferred front end) is actually really beautiful for long form posts, and while it is only markdown and a bit of basic HTML, the readability of content (if you can discover it) is really good, whether I am on my desktop, laptop, phone, or some other device.

Sorry for that tangent - I just woke up, but to get back on topic - 100HP (One hundred!) in the "bank" for someone who has been here for years, would have me questioning their motivations. My motivations are to reward content that I deem, in my set of criteria to be quality - if it is interesting, engaging, shows me a new perspective, or exposes me to something I didn't know could be interesting - it would get a vote.

Unless that person has taken 100k HP and turned it into 100HP, I'm not likely to bat an eye. They have already gotten value. They will probably, inevitably, get value again - I mean, they had to do something right to get that 100k HP in the first place.

I will also not usually vote on something that already has a high reward, but I tend to value and engage comments with my votes, as it stretches the author's defence of what they have written, or may elicit more detail that they didn't include in the post. I'm probably that guy at the seminar that asks the annoying questions that creep the scope of the talk ;)

In regards to your other comment: I have to also disagree with your other response regarding the other metric - word count to reward ratio, because, while all things aren't an academic text - some authors are publishing long-form stories, or in depth analysis or reviews of literature, video games, and other things that I would have, in the past, required to have a magazine subscription to obtain the same level of quality.

Or perhaps, it is things that would not make the cut in the traditional publishing world but do get some eyeballs on HIVE.

HIVE has to be a place with content, first and foremost. People do not get onto reddit to understand its economics, to understand its database structure, or to forensically analyse a user's history prior to engaging with or enjoying the content. People go to somewhere like reddit to connect, to discuss, to have discourse, and to learn. That's what makes reddit valuable (along with its advertising revenue, no doubt!) - it is the social.

My belief is that Hive will only thrive if it is social growth that drives it. Sure, there are things fundamentally wrong with the tokenomics, but we haven't had a hard fork in a long time - (in terms of changing how rewards work) - since around HF11 on Steem, if I recall correctly.

Most users don't care about that, they care about the social. There are always going to be people who are in the game to extract value, but there will hopefully always be people like me, who see the value in what the platform represents, not what the token is worth.

We bring value by creating value.

0
0
0.000
avatar

Congratulations @costanza! You received a personal badge!

Happy Hive Birthday! You are on the Hive blockchain for 8 years!

You can view your badges on your board and compare yourself to others in the Ranking

0
0
0.000
avatar

I got 0.84 on Heruvim1978 and 0.13 on Mightyrocklee

image.png

So, the lower it is the better, right?

0
0
0.000
avatar

Yes, means you provided more than ypu extracted :)

0
0
0.000
avatar

🌄Good morning (here), @costanza! ☕

While I seldom write anything these days, it may interest you to know I do still glance through my feed, from time to time. And I do open and read posts. You have always been a good content creator and someone whose opinion I value. Along with others who faithfully continue to labor away at creating content "in here," I was interested to know what you had to say about the current ... "state of affairs" ... when it comes to the Hive blockchain and the associated market price for HIVE.

Having expressed my own view sometime ago, by "voting" with my feet, I have distilled my view of the potential future of HIVE's price down to comparing it to BTC and seeing where HIVE is in the ranking of TVL in comparison with others:


Source: CMC on Hive webpage


Dropping down further, from its ranking at #293, shown in a comment I made earlier in the year (on what I consider to be one of ... if not the most ... value destroying aspects of the Hive blockchain), it will come as no surprise to me to see this trend continue.

________________________


For the sake of all of those for whom I have considerable respect and admiration, still faithfully laboring away, I will be happy to be proven wrong.


P.S. Latest POL content now created ... 😉

0
0
0.000
avatar

Nice to see you back here @roleerob. Basically, there need to be valid reasons to buy Hive and for most users these simply haven't been there really. I still enjoy the platform regardless of the earnings but it would be nice to see some things change for the better.

0
0
0.000
avatar
(Edited)

Yes, @costanza, this is (at least to me) self-evident:

" I still enjoy the platform regardless of the earnings ..."

It explains what keeps others going, in spite of the price of HIVE. As I commented on, in my own last post, this aspect of engaging on the Hive blockchain carried me personally far beyond the time when I should have gotten out, simply from an investment point-of-view.

All the best to you, my friend, for whatever tomorrow may bring.

0
0
0.000
avatar

Great analysis. For a professional curator (professional in that way, that there are many users following it in a curation trail) to upvote posts of users with a KE of >20 should be a no-go or a rare exception.
Seems like in this case it is a rule rather. Not good.
For me as investor a reason to not follow @curangel, let alone delegate to it.

I am wondering if the curation generally would look more careful at such leachers (at least I do), if they would dump less Hive on the market to increase their KE? It would be an experiment worth doing!

0
0
0.000
avatar

I'm quite sure that people would change their behavior if there would be a clear guideline of where the line is drawn in order to have a chance to get a vote from one of the curation groups. Leasing should count toward it alway though. I don't mind someone quitting, cashing out fully and coming back later only to lease the needed Hive Power to qualify and grow their stake back.

0
0
0.000
avatar
(Edited)

I have invested my time, effort, and money into this chain and projects on this chain over the last seven years, but I see no value in putting any further effort into posting when people can come around and wipe you out for "reasons."

If someone chooses not to vote a post, for whatever reason, all good, it's their stake. People going around downvoting because someone has a number bigger than the random number they picked in their head is just a different form of abuse.

The focus on KE you've illustrated here is just a further symptom of obsession with rewards and the rewards pool.

If people want to use their earnings for something other than parking it as I have foolishly done, let them. If there's any real value to be had here, they'd want to stay.

0
0
0.000
avatar

Splinterlands actually made KE under 3 a requirement for their curation through the efforts of @azircon. Perhaps other curation groups should do the same. Some exceptions are obviously warranted, but in general a review of author KE ratio and encouragement to not extract everything would be beneficial to Hive.

0
0
0.000
avatar

Curation programs which return cash to the delegators will have high KE ratio by design. For a curation account there is nothing wrong with it. It is an issue though for individuals.

0
0
0.000
avatar

I tried to say that it might be beneficial to Hive long term if other curation groups were encouraging their curated authors to stake some Hive and not take everything out, just like Splinterlands now encourages their authors to maintain a KE ratio below 3.

0
0
0.000
avatar

Exactly, Splinterlands set a great standard of what is needed to actially get one of their upvotes.

0
0
0.000
avatar
(Edited)

However, that the curation programs curate content from such leachers with KE>30 is not ideal. I saw that you delegate a lot to curangel. Were you aware what they support?
Anyway, it seems that only a few such posts are upvoted, so in the grand scheme that might be acceptable.

0
0
0.000
avatar

They never did that. Check out https://peakd.com/@steemmonsters/trail and you'll see up to 25 KE.

0
0
0.000
avatar

Good point, it should also be much easier to instantly check the KE, replacing the worthless reputation score with it would be a good start and easy to change. Also again, delegation/leases should count toward KE as a possible way to fix is for those opted in the past to get out.

0
0
0.000
avatar

Also, my entire wallet. Look how high my KE is, because it doesn't count my HBD in savings and the liquid Hive that is waiting for a PUMP to grow. Anyone who only sees the KE of this account and doesn't know my main account would say that I'm an extractor.

0
0
0.000
avatar

Well, KE Ratio only really relates to those who make posts, and especially those who make a ton of posts, which wouldn't be there if it weren't for the earnings. If you only make a couple each year or mainly read and make comments, KE Ration is simply not important.

If you would make regular posts and received significant upvotes from curation groups on each of them, I'm sure you could agree that this wouldn't be entirely right.

The main idea on Hive for content creators is that it goes both ways, and content itself doesn't really count as a 'contribution'. Users should both get and give some and in order to give you need some Hive Power, in order for it to be a fair amount it needs to be seen in relation to what you received so far.

0
0
0.000
avatar

I love to read posts like this, one that tackles real Hive issues. It’s always nice to read valuable comments and pick a thing or two from them.

All thanks to this post I went to check my KE again and it’s pretty good.

It’s your Hive anniversary @costanza congratulations!!🥳🥳

0
0
0.000
avatar

Thanks @ibbtammy !!
More people should approach Hive like you do.

0
0
0.000
avatar

You are most welcome and I’d take that as a compliment, so thank you😃

0
0
0.000
avatar

A balance between contribution and healing. I certainly understand the difficulties and needs of those who take out more than they put in or contribute; sometimes they have emergencies they need to address. I understood that if I don't contribute, we all don't grow.

Un equilibrio entre aporte y curación. Sin duda alguna entiendo las dificultades y necesidades de los que sacan más de lo que meten o aportan, a veces tienen emergencias que necesitan solventar. Yo entendi que si no aporto no crecemos todos.

0
0
0.000
avatar

It’s a fairly good data gathering. It is missing some plots, if I get a few minutes I can help with that :)

0
0
0.000
avatar

First of all I think it's absolutely wild that I've never seen you on Hive before, so, hello. I honestly don't know how that happens.

There's probably not much more to add that @qwerrie and @holoz0r haven't said and that I agree with, nevertheless I'll add my two bits.

I am absolutely not a data person, and any metrics like this make me disappear to an alternative plane until the posts shifts to something I understand 😜 but what I do know is that the KE number pisses me off. A lot. It's just another metric to me that doesn't tell the whole story of what a person does on Hive, though I concede it does give us a starting point.

By now, I could have nearly 100 k of Hive like some of the seven to eight year people here that have cleverly invested, bought, and been upvotes by whales to be able to do that.

But my KE (tbh I don't even know if it's reasonable) has been affected by selling to swap Hive for BTC which, because I did that at the right time, helped pay off the last of my mortgage. I also needed some when times got a little tough.

Mine hovers around 30 k because I think that's a reasonable investment for me - personally, it shows I have skin in the game, my vote is okay, and I have some HBD earning interest. It's my sovereign right over my own HIVE to do that.

it should be way harder for those who have been here for years not holding a fair share of their earnings as Hive Power to give back to earn anything.

I imagine you'd need more defining parameters than that. There is absolutely people here that benefit from, as Holozr put it, nepotism, and it's soul crushing to see massive upvotes on posts that don't do much at all. Autovotes too are an issue, more, imo, than DVs. I benefit from autovotes though - I appreciate the ones I have because they keep me here somewhat, as does larger curation, but I'm just a little fish and very rarely get the super votes above 50 HP. Most are from people I like to think autovote me because they know I'm a good player that invests in Hive in many ways.

So yes, investment in Hive takes so many forms that the KE number doesn't reflect. Does the person being curated:

a) produce good content
B) engage with comments
C) engage with other posts
D) run a community in a dedicated way
E) encourage engagement through initiatives like writing challenges, comment rewards etc
D) delegate to others to help them grow
E) encourage and help newbies

And more I can't think of right now.

I've given up thinking Hive will moon, BUT, I'm happy if it's consistently at a certain amount, like .50 (I'm on AUD). The attraction for me is, and always has been, the SOCIAL aspect, which starts with cool content - even if it's poorly written with blurry photos, if it's interesting, I'm happy. I don't want to go into the warm and fuzzy data - you know what I mean.

I was going to leave Hive for good four years ago. Started the wallet process. Yet here I am, because of the warm and fuzzies. I stopped with the wallet and price obsessing and focused on what I really got out of it. I rarely engage with negatives. But I'm here because good friend @holoz0r called me to this post, and here I am commenting instead of knitting, which I must get on with.

0
0
0.000
avatar

D - I forgot to mention the delegation thing. your 5c were a very developed weighty dollar, I should say. 😘 good point. one metric does not reflects the Hive travel of one, no way.

0
0
0.000
avatar

Thanks mate! Appreciate it. I was worried it was just psychobabble.

0
0
0.000
avatar

I have the same thing that I at times stumble into accounts that have been here as long as me but I had no clue about them.

That said, find me someone who genuinely produces good content, engages with comments and other posts, runs a community, encourages engagement, delegates and encourages newbies but has a KE Ratio that is 10+. In nearly all cases, it all goes hand in hand. I also think there is a number of staked Hive where KE is not the issue anymore.

0
0
0.000
avatar

Nearly all. Tbh I don't care much about the KE - I figure out pretty fast if they're scammers or not doing the right thing and then I just skip 'em with both my account and the Hive GArden one. I don't even look at it. Then I never look at the rep score either. I get it's useful but not for me :)

0
0
0.000
avatar

Well after thinking about it for hours, someone told me to be careful with what you are going to say and inside don't end up killing your account remember that for them you are a zero on the left like many, the votes seem to always go to the same people, this is not to offend you but in my opinion the KE indicator is useless I have seen people with a very high one and they receive large votes but woe to those who have a low incador number and also make quality content and still are not taken into account by any curator, anyway this is ocean definitely very confusing 😕

0
0
0.000
avatar

Well, the good thing is that if you are going to piss off anyone, if will be ones with little to no Hive Power so they can't downvote you. That said, the sad reality about hive is that there are basically 2 ways to do reasonably well. Eiher you get withing the 'curation autovote circle'. Many of the curators I would say also mostly just care about the rewards they are able to get with it and have a list of users they curate over and over again of which they know the content at least looks good. This or you are in an 'upvote 4 upvote' autovote circle which has the main difference that you actually need a ton of Hive Power for that. The main problem there is that it often leads to rather low effort posts just to capitalize on the upvotes.

If you fall out of these 2, Hive is a massive struggle and you are lucky if a payout on a high quality post gets to 1$.

Having KE requirements for curation projects should in theory make it a lot easier as it's a factor that everyone has in their own hands.

0
0
0.000
avatar

Ok, I understand, thanks for the information. I didn't know that. That's very kind of you.

0
0
0.000
avatar

I didn't understand if it was good or not.

0
0
0.000
avatar

It's neither bad nor good. It's great.👏

0
0
0.000
avatar

!WEED !HUG Thank you, I try to put HP every day. Current objective: 11K (then take 100 HIVE for me) then put back 500 HP (then 100 HIVE for me) and so on.

0
0
0.000
avatar

Sounds like a good strategy. Let's go!

🤖 !DIY !HOPE !INDEED !STRIDE !WEIRD

0
0
0.000
avatar

@friendlymoose got quite the conversation going on this topic earlier this year and I believe is working on something that they're hoping will be helpful to curators in selecting who best to curate.

Anyway, the conversations from that post got me talking with a few people from different parts of the world which gave me some insight into what a complex issue this is, particularly along ethical lines. It's ironic that the people who would benefit the most from Hive increasing in value are the very ones who end up having to withdraw from the ecosystem regularly. Many certainly try as much as possible to keep Hive staked when they can to contribute back to others on Hive where they can, but they are in tight situations where they might suddenly need to power down. If there was something positive they could do to increase Hive's value they would certainly jump on it.

What's really needed here are solutions that anyone can apply to increase Hive's value. At the moment the only solution generally given is that people need to buy Hive and the amount of people who can afford to take that risk are a small fraction of the people on here and they are mostly the ones in developed countries. I looked at the idea of converting Hive to HBD and the method that takes 3 days burns the Hive to create HBD. It seems like a good way to reduce the availability of Hive, but it increases the availability of HBD instead (which would need to be balanced out to maintain the peg) and it works both ways anyway. Perhaps something desirable could be created that requires Hive to purchase it and the Hive used is then burned; rather like Splinterlands does for DEC. I don't have the imagination to think what, unfortunately.

The problem I see with using something like KE to decide who the curation projects will vote or not vote is that I don't really think it will make that much impact if there is still not much reason to buy Hive. It will just change how they curate a bit and cause the usual bickering about the ethics of it, but then it will be business as usual when it comes to the Hive price. We'll continue creating Hive in the pool each day and distributing it, just to slightly different people, perhaps.

If it's any consolation the curation projects don't actually give huge votes out in comparison to some whales. Ocd has metrics in place to decide who they curate, so for example someone just dropping a post and not interacting will not be a candidate. I try to carry these principles over to what I curate at curangel as well. The team at ocd are fantastic at working together to weed out abuse and farming as well.

I think Holoz0r makes a good point about the social aspect of hive being important. If it was just about monetary value then we may as well just be a stand alone alt coin. While I'm in a developed country I don't have the spare fiat to invest in Hive, but I also don't have the incentive to take from Hive, because it has too little value to help me out much. So I decided early on that my focus would be the social side and building HP to be able to actually have some form of vote impact where it could help out. I now also play around with my liquid Hive either literally on Splinterlands or by dabbling on Hive Engine.

We have a world of people on here so there are always going to be a wide range of reasons to be here and a wide range of circumstances behind them. We can't expect everyone to come to the same stances as us and I certainly wouldn't want to try and force that when the concept behind this was always decentralisation. As others have already said, KE doesn't really say much about a user it just gives a snapshot of their current give/take status. It's an interesting tool that could be useful as part of an overview, however.

0
0
0.000