We have often praised the crypto space as one of collective growth and collaboration, with these points being one of the most distinct differences from mainstream systems which are focused on a few who run the competition to the ground. Monopolies, Oligopolies, and Large corporations with fee shareholders thrive in this kind of environment.

Crypto was supposed to be the antidote. Finally, we saw communities whose faiths intertwined with one another and in many cases the success of a project depended on its collaboration. It was therefore strange to hear a section of crypto investors deride another section, save for Bitcoin maximalists.

The Reason

We have witnessed significant progress over the last few years, so much that the space has been able to attract significant government attention. There are now policies, documents and actions aimed at regulating the space and perhaps seizing control over what many consider to be the 'Wild West'.

Furthermore, the sheer amount of projects coming on board each day has made standing out quite the task for the average project. Significant Investor funds flow through paradigms by group thinking and it is quite significant to attract their attention and interest before any decision as to where their funds go is made.

The days where people start scam projects just so they can attract initial investor funding before making a quick getaway is gradually coming to an end. People are a lot smarter now, and these days projects increasingly have to show their potential to attract investment of any kind. It will get even more stringent in the future.

Is it Needed?

Perhaps these are the reasons why the idea of projects competing with one another becomes inevitable. No doubt many projects will fail before crypto finally gains worldwide acceptance, and those who realize this are doing everything they can to succeed. Of course we also have greed as a propeller, as many projects are taking a cue from the monopolistic tendencies of their centralized counterparts.

As a matter of fact, not all crypto related projects are decentralized. Many exchanges for a fact are centralized and are more or less traditional companies, irrespective of what they'll like us to believe. The truly decentralized projects with value on offer are going to remain and show us what it really means to have cooperative collaboration.

Conclusion

Hive is one of those projects that that really doesn't need to compete with anything but itself. We thrive more in collaboration within and outside our space than outside, and provide true dividend to the community. Perhaps in a few years we'd be able to accurately compare the results from those determined to run others to the ground and those who are leveraging on effective collaboration.

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