What Makes HIVE Worth Your Time?

in Ecencylast year

HIVE is the world's first* blockchain-powered, collaborative blogging platform that rewards bloggers with cryptocurrency tokens.

So, Why would anyone besides a crypto nerd join HIVE?

Well with ZERO investment users can start earning cryptocurrency tokens HIVE and HBD by sharing their opinions, artworks, photos/videos or writing (any type of content in general).

To put it simply: The more your posts are upvoted(valued by vote weight and percentage of delegation) and shared by others, the more tokens you receive in return.

HIVE has an innovative way of monetizing content that allows everyone involved a mutual benefit plus feeless transactions on the blockchain.

Unlike other platforms where users need to be well connected to potentially receive advertising revenue or sponsorship as an influencer, on hive all users get paid for posting!

Every account on hive is authorized for monetization and acts as its own wallet within the ecosystem.

You could offer services with feeless payments using HIVE and Hive-Engine.

Everyone can literally get paid to learn how to brand and market yourself to grow as a content creator.

It's a no brainer.

Looking for something similar to what you have already been using for social media?

There is a dapp for everyone on hive.

I suggest trying Ecency for those who like to access social media from their phones.

If you create video content check out 3Speak and Peakd.

We even have our very own Skateboarding Dapp called SkateHype which is super cool to see skateboarders supporting each other and getting paid for their skills!

If you skateboard this is your special invitation to join the ranks of skaters paying the bills with their skills on hive.

Decentralization is the way forward and hive offers none the less with its progressive background and stance against blockchain attacks.

History was made March 20th, 2020, when Steem blockchain hard forked to form the existing platform, we know and love today Hive.

Hive operates an active governance system using a blockchain voting mechanism called Delegated Proof of Stake.

This voting system allows users to profit from engagements by sharing a vested interest through content creation and curation.

HIVE is a complex decentralized system that allows all users to grow through positive interactions.

You can also vote on the DAO Governance for the future of the platform and for Witnesses who host the nodes that power the blockchain.

Witnesses are like official ambassadors of the social media blockchain revolution.

With only 20 active witnesses that leaves a lot of room for other creators to shine in the ecosystem since witnesses don't like to hog the rewards.

Top producing content creators are making a full time living on the platform.

Some are making thousands per day using this platform.

As you scroll you will notice that posts also have the option to be downvoted as well.

This safety mechanic is being used to demonetize users who use spamming, scamming, and sharing copywritten material as their own methods of making money.

Posting on HIVE could be well received if you don't share spam, scams or uncredited copywritten material.

If you are interested in the investment side of things HIVE has several options but you may find solace in the LEO finance community.

On HIVE there are many initiatives by other users and organizations that reward topic related content creation.

Games such as Splinterlands and dCITY have benefits to posting into their communities and promoting their games outside of the space.

Proof of Sharing Hive (POSH) is another community that will reward you for sharing your posts on hive with other platforms like Twitter.

How does post payout work?

Posts have an automatic payout after a respective seven-day monetization period.

Payment is shared by those who curated the post and the poster, then split between HP(Hive Power) and HBD(Hive Backed Dollar) the native algorithmic stable coin to the Hive Blockchain.

Post payout can be modified by the poster to either HP(Hive Power) or HBD(Hive Backed Dollar) in full but there is a default of 50%.

In order to curate content on the blockchain you will need to hold and power up HIVE to another form called Hive Power.

Hive Power is then Delegated as a Proof of Stake creating new tokens as a community.

Being on a decentralized social network offers a number of benefits for those looking to monetize their content.

Hive being censorship resistant to the whims of centralized power is what brings many of our most celebrated content creators.

IF you found this post to be valuable why not give us a follow?

I used canva to create fresh assets for this post as promotional material for hive(feel free to use it).

This post is to increase my own awareness/share awareness of the various selling points of hive but please check out the definitive "Why Hive" guide made by the team: https://whyhive.co/

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Recently got to know about the hive Platform and I think I will really love it here..

It is an amazing platform with opportunities galore! So happy to have you here 😁 have a slice of life !PIZZA !LUV !BEER

Can you do another post regarding tags and what tags should we use and how the transactions work because when i was new here it was really difficult to get that

thank you for the feedback! I will try to get a good post about tags and transactions out soon 😊

Forgot I wrote this post on publishox a couple of years ago. It provides some information about tags and communities for success on hive as an artist. I never actually cross posted this to hive so I could probably get away with a revised update here in the future.

https://www.publish0x.com/awakened-alien/how-to-get-paid-to-post-your-artwork-online-xomyowp

Hive is a great platform, that's is why I prefer it. people who have a passion for writing,g and also I tend to get some rewards from it.

Truly 😊 pleasure to have you here. I will check out your work in writing 👨‍🎓

Great post! What a easy way to talk about Hive and all the advantages that bring us.

I thought about many different ways to frame this post and settled on "Learn to Earn" as the leading definition of the Hive usecase as a decentralized social network. Everyone here is an adept student, and I am always inspired by the work in this space. Thanks for the support!

Love Hive! Such an amazingly complex platform. There is something for everyone 😁

Truly! Thanks for the support 😄 !PIZZA

Great post, very clearly explained, thank you!

Thank you! I am working on my teaching skills and delivery of information.

It's great here. Too bad I'm so late.

Still feels early to me considering the use case and the number of bots that make up the userbase.

A very comprehensive post.
Thanks❤️

I am definitely inspired when it comes to hive 🍻
Thank you!

You are correct there. This is the blockchain that can fascinate a crypto-citizen without really relying on mooning the price. There are many intrinsic value in this network.

Happy New Year GIF by MauliMovie

!LUV !BEER !PIZZA

Sick Ren And Stimpy GIF
!LUV !BEER !PIZZA

🍕 PIZZA !

I gifted $PIZZA slices here:
@awakenedalien(1/5) tipped @fantagira (x1)
awakenedalien tipped breathtakinglife (x1)
rilo tipped awakenedalien (x1)
ryosai tipped awakenedalien (x1)

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The rewards earned on this comment will go directly to the people( @nianna09, @p1k4ppa10 ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

Congratulations @awakenedalien! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You received more than 1000 upvotes.
Your next target is to reach 1250 upvotes.

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Check out our last posts:

Hive Power Up Month Challenge 2022-12 - Winners List
Be ready for the first Hive Power Up Month of the year 2023!
Update For Regular Content Creators - New Yearly Author Badge
The Hive Gamification Proposal Renewal
Support the HiveBuzz project. Vote for our proposal!

Hive is so many things, it's everything you wrote and I'm sure it will soon be adopted by more and more people.

Posts like yours are very informative, congratulations!