solhive

is the innovative marketplace where anyone can sell or buy services. $HIVE

Currently onboarding freelancers

[solhive @solhiveio]

Hi everyone,

We understand that the last few weeks have been frustrating, as we continuously promised updates and the dApp launch without delivering. We sincerely apologize for becoming less active and for the delays. The reality is, multiple variables have contributed to SolHive’s current position, and we want to be fully transparent with you.

Before launching the project, we carefully calculated our finances and supply allocation, believing we had more than enough funds to cover fixed expenses and marketing campaigns. However, the reality has proven more challenging. In the first 1.5 weeks of SolHive’s existence, we spent over $70,000 USD on KOLs alone. Influencers like Wolf, Bossman, and Exy each cost us 1% of the supply, plus 30 SOL. While this initially brought us from a $400k market cap to $1M in a single day, it was short-lived as people quickly sold off their holdings. This was an expensive and painful learning experience.

We also made mistakes onboarding some X KOLs with botted audiences, despite assurances that they were reliable influencers. Our monthly fixed expenses—including designer, developer, and mod salaries—along with other smaller costs, averaged $16,000 USD. This placed us under significant financial pressure. Additionally, the token was created without transaction fees, which is common for meme tokens. However, as a utility token with fixed costs, especially on the Solana blockchain where holders often face challenges with long-term retention, this has put us in a position where we must rely on high transaction volumes from the dApp to cover operational costs.

Despite our best efforts to raise funds and attract private investors, it has been difficult without a steady revenue stream to show. These funds are essential for a large marketing campaign that will give SolHive the attention it deserves. Although the SolHive dApp is now complete, launching it without proper marketing would risk underperformance and fail to generate the traction we need.

Recognizing these difficulties, we began exploring alternative options about three weeks ago. One of those alternatives was an idea we’ve discussed in our Spaces: the belief that SolHive’s growth will extend beyond just being a freelance marketplace. The vision is much larger. To that end, we have focused our recent efforts on developing a new utility token, designed to offer immediate revenue-generating capabilities for token developers.

This new project is related to SolHive, and although we’re still working through the details, there may be opportunities in the future to merge the two projects. Rest assured, SolHive investors will benefit from this, and we’ll ensure that our community continues to be a priority as we navigate this next step.

Originally, we planned to launch this utility tool after SolHive was fully operational, but given our current situation, we’ve decided to launch it earlier. We are confident this new project will help raise the funds needed to push SolHive forward as well. We’re planning to launch the new token within the next two weeks, although it may be ready even earlier. The project will launch with functioning tools, and any remaining features will be added soon after.

To clarify, this does not mean we are abandoning SolHive. It remains a key focus for us, but we must acknowledge that certain financial decisions have put us in a difficult position. Additionally, one of our co-founders has been dealing with personal issues, which contributed to the lack of communication recently.

As a result, we are delaying SolHive’s dApp launch until the end of October, which we believe is a realistic timeline. This will give us enough time to secure the necessary funding. We will provide early access to the new utility project shortly and share more details as soon as possible. We won’t reveal the exact nature of the tool just yet, but it is a critical solution for token developers and has significant revenue-generating potential.

Thank you for your understanding and continued support. We remain committed to SolHive’s success and are working tirelessly to ensure that both projects thrive for the benefit of our community.

[solhive @solhiveio]

Hey guys,

I know you’re all eagerly waiting for the HIVE launch 🐝. I just want to reassure you that we haven’t forgotten about it! Our plate is a bit full right now with the JUNGLE launch 🌴. Once we roll out JUNGLE tools, we’ll shift our focus back to HIVE and make it shine ✨. After all, JUNGLE and HIVE are part of the same family 🦁🐝.

It’s awesome to see how the JUNGLE chart is already having a positive impact on HIVE’s chart 📈. Thank you so much for your patience and understanding 🙏WE WILL DELIVER 💪.

[solhive @solhiveio]

🚀 Hey everyone!

Just a quick update! We’re still waiting on domain verification from Phantom and Blowfish before we can officially go live. 🕒 This is the final step, but since the timing depends on their process, we can’t set an exact launch date just yet.

We know everyone’s eagerly waiting for the launch (we are too! 🤩), and we’re working hard to make this happen as soon as possible. Thank you for your patience and support—it means a lot! 🙏 We’ll keep you posted with any new updates.

[solhive @solhiveio]

Dear $HIVE Holders,

We apologize for our recent absence, but please rest assured that we’ve been working tirelessly behind the scenes. We’ve been in constant discussions with various investors, focusing on pre-launch plans that include strategic buybacks. These measures are crucial to achieving the successful launch we all envision. While we already have the funds for key marketing activities, we strongly believe that additional forward funding is necessary—not only for SolHive’s growth as a token, but to ensure the long-term success of our dApp.

We understand if you’re feeling frustrated by the delays, especially since we initially promised delivery much sooner. Unfortunately, in projects like this, the unexpected can and does happen, and we’ve had to adapt. However, our ambitions and our goal to elevate SolHive to where it deserves to be have not changed. We’re working every single day on the continuous growth of $HIVE and SolHive as a whole.

In the past few days, we didn’t have significant updates to share as we were waiting for confirmation from two key stakeholders. While that hasn’t happened yet, rest assured that we’re still engaged in multiple ongoing discussions. Lastly, and most importantly, technical side of dApp is now 98% complete so our full focus now is directed on raising the capital.

If you’ve believed in us until now, don’t stop. We are fully committed to doing everything in our power to make $HIVE a success.

Thank you for your continued trust and patience,
The SolHive Team

[solhive @solhiveio]

I just published Day #73–84 https://t.co/0nPxSSv8nj

[solhive @solhiveio]

Spaces recording!
https://t.co/alOx8A3uR2

[solhive @solhiveio]

I just published Day #67–72 https://t.co/t5YSaMIjKU

[solhive @solhiveio]

Don't miss out our Spaces on the 5th of September, 7PM CET time!

https://t.co/alOx8A2X1u

[💚𝑯𝒊𝒈𝒉𝕋𝕨𝕖𝕖𝕕𝕤.eth💚 @HighTweeds]

I'm telling you, $HIVE @solhiveio is showing some serious strength in comparison to the overall market!

Yes, Utility tokens exists on $SOL.

Not enough people know about it. #HIVE on #SOL
(Current @ post ⏰️) 29% 👀.

[solhive @solhiveio]

Even though X made us deal with a lot of technical issues today we still managed to have great conversation with @TradeBotCash & @solgptofficial.

We're excited for more of these sessions! As promised, leave a comment below sharing what you enjoyed about the Spaces (excluding the waiting time and our constant mic checks 😀). We'll select one lucky winner to receive $HIVE

https://t.co/2zuyM9Ovzl

[solhive @solhiveio]

https://t.co/LcCLiG5fHA

[solhive @solhiveio]

Join us now with @TradeBotCash & @solgptofficial
https://t.co/7SN2rUZIrR

[solhive @solhiveio]

I just published Day #60–66 https://t.co/zdxZX0KFh9

[PrimeCircle Studio @Pr1meC1rcle]

TEAMWORK MAKES THE DREAM WORK!

SolGPT is excited to join SolHive’s Partnership Spaces this Thursday, August 29th at 20:00 CET.

GET READY for a dynamic and BULLISH discussion alongside SolHive (@solhiveio) and TradeBot (@TradeBotCash). We’ll be diving into our latest collaborations, tackling key challenges within the Solana ecosystem, and connecting with our communities—all while offering some EXCLUSIVE CRYPTO GIVEAWAYS to a few lucky participants!

• When: Thursday, 29th August at 20:00 CET / 18:00 UTC
• Where: Hosted right here on @solhiveio’s official X account

Don’t miss out—BE THERE!

[solhive @solhiveio]

TEAMWORK MAKES THE DREAM WORK

Introducing #SolHive’s Partnership Spaces:

GET READY for a wide-ranging and BULLISH discussion with two important partners for @solhiveio: TradeBot (@TradeBotCash) and SolGPT (@solgptofficial).

We will discuss what we have been working on, some common issues in the Solana ecosystem, our communities and MUCH MORE.

There will also be some CRYPTO GIVEAWAYS for a few lucky listeners, so stay tuned all the way through!

• When: Thursday 29th August at 20:00 CET/ 18:00 UTC
• Where: Hosted RIGHT HERE on @solhiveio’s official X account

BE THERE!

https://t.co/BTMrJO5Me7 - Your Blockchain Freelance Marketplace

https://t.co/3JLXkqme8I

[PrimeCircle Studio @Pr1meC1rcle]

🚀 Exciting News! We're thrilled to announce our strategic partnership with SolHive! Together, we're set to revolutionize the AI and blockchain space, combining our cutting-edge technology with SolHive's dynamic platform to deliver unmatched value and innovation. 🌟

Join us next week for a joint AMA where we'll dive into the details and answer all your questions! Stay tuned for the exact time and date. You won't want to miss this! 💬 #SolHive #SolGPT #Blockchain #AI #Innovation #AMA

[solhive @solhiveio]

🚀 SolHive Live dApp Preview Ideation Competition

We’re excited to announce our Ideation Competition for the SolHive live dApp preview version https://t.co/Vmhi5juw34, and we want your input! This is your chance to help shape the future of SolHive. Whether it’s a feature suggestion, a bug you’ve spotted, or a general improvement idea—your creativity and insight could make a huge difference.

What We're Looking For:

- Feature Suggestions: Think of new features or content tat would benefit both buyers and sellers, enhancing their experience on SolHive.
- Bug Spotting: If you find any bugs or issues while exploring the dApp, let us know.
- Original Ideas: Be creative! Consider what is realistic, valuable, and could benefit the entire SolHive community.
- Bonus: Feel free to send us any general SolHive-related suggestions as well.

How to Participate: Share your ideas and suggestions by emailing us at [email protected] by the 28th of August, 10 PM CET.
Rewards:
🥇 1st Place: $250 worth of $HIVE
🥈 2nd Place: $150 worth of $HIVE
🥉 3rd Place: $75 worth of $HIVE

We will share the best ideas with the community and, of course, do our best to implement them. This is your chance to contribute directly to SolHive’s growth and make a real impact. Get those creative juices flowing and send us your suggestions!

[solhive @solhiveio]

We are excited to announce that the live dApp preview is now available and accessible at https://t.co/Tf92hOaKTs! As you explore the categories and click on a particular service within a subcategory, you will see a "Service Update in Progress" notice. As previously communicated, our live dApp preview includes many more fields compared to Phase I of the dApp. This means that all freelancers who have signed up so far will need to complete the remaining information.

Additionally, buyers are now able to create their profiles, expanding the platform's capabilities. After necessary testing and competitions, we will integrate the order and payment cycle and release the MVP version. Some marketing activities will be rolled out alongside the live dApp preview, but the main big marketing push will be aligned with the MVP release.

Post-MVP release, we will be continuously working on additional features mentioned in yesterday's Medium post. The expanded data input requirements are a primary reason we decided to launch the dApp preview version. To support our freelancers during this process, we will be creating a Telegram group where our team will be available to assist with any questions.

Tomorrow, we will also be launching an ideation competition where original ideas and suggestions for improvement will be rewarded. We look forward to your participation and feedback!

[CryptoKingLuis @TheRealLuisSan]

This is one of a kind! @solhiveio dap is on its move !!🔥😍 $sol #solana #crypto #cryptocurrency #gems

https://t.co/4LwxdW7N6w

[solhive @solhiveio]

I just published Day #52–59 https://t.co/k6czOTMREf