Thank you for this detailed and, above all, honest post!

I find the comparison between MELEK, HIVE, STEEM, and BLURT particularly interesting. Since I am active on several of these blockchains myself, I am already familiar with some of the mechanisms you mentioned from my own experience.

For me, one of the most important points is that a cryptocurrency cannot gain sustainable value through speculation, staking, or rewards alone. It needs people who actually use the network and applications that provide real value.

I also see the current lack of liquidity as a challenge. After all, a high token price means very little if you can barely trade your tokens.

However, something that personally concerns me is the Power Up process on MELEK. Even though I already have experience with STEEM, HIVE, and BLURT, I still haven't managed to get it working on MELEK.

If the goal is to encourage users to hold their tokens long-term and become more involved in the network, this process should be as simple and straightforward as possible.

If experienced blockchain users are already struggling with it, I can only imagine how difficult it must be for complete newcomers.

This also raises another important question for me: How does MELEK plan to attract new users in the long run who are not already part of the existing STEEM, HIVE, or BLURT communities?

I will definitely continue following MELEK's development with great interest. The project has some interesting ideas, but ultimately, its success will depend on how user-friendly the network becomes and how many of these ideas are actually put into practice.