Hive blockchain is the Web 3.0 platform of the future and it keeps on evolving from a content creation ecosystem to so much more. We have NFTs flying around in this space and DeFi started to blossom and it is more and more appealing for investors all around the place. So, while up until a few months ago the main focus of this blockchain was content creation and curation, now it offers a variety of new opportunities to put your crypto to work and earn for you. So while this happens, do you keep pace with it and change your routine and take action on Hive?
Content creation and curation is the way the Hive blockchain brought people to this ecosystem and created strong communities. Users are mostly powering up their HIVE earnings from these activities and get bigger influence and voting value on this platform. Undoubtedly this will remain a core activity here and one that simply brings a feeling of fulfillment for those contributing with content and engaging with other users. There is so much diversity here and so many interesting people to meet and participate in projects or even start new ones together.
There are good gains from Powering Up Hive and curating as we can see these returns stats as provided by Staking Rewards platform. Just for having the Hive powered up, we will be getting 2.84% and if we get more active and also curate content based on our voting power we can up that to 8.98%. While these are good returns, there are so much better opportunities out there.
First of all the blockchain games on Hive proved the worth and value starting with Splinterlands and continuing with DCity, RisingStar, Rabona, PsyberX and so on. Being an early adopter in such projects will prove to be fruitful and the returns simply are out of this stratosphere. For example, Splinterlands made millionaires and changed lives and continue to do so.
Another use case that is still not fully benefited from is the DeFi space from here through solutions like TribalDex and BeeSwap. Providing liquidity on second layer tokens from Hive and more provide great returns, bonuses and different perks. Easy to use these are appealing to any investor that once to get more for its tokens.
Just from the example above I see that HIVE is transforming and we don't have just one way to earn in this space. I believe that Liquid HIVE starts to be more valuable and offers to possibility to invest in well-established projects with better returns. The content creation stream will keep on going and keep on giving, but while doing so we need to evolve and diversify the way we use our earnings and put those to work where we get higher yields. While I have never done this before, I am thinking of starting a power down just to be able to invest in all these projects, dapps, and solutions. Times are changing, Hive is transforming for the better and we need to evolve with it!
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Hive has become everything Steem isn't.
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Well said!
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Not sure why you got a bad reputation or downvoted, but you can always start over with a clean sheet if you believe in Hive. The most important is to enjoy being here and trying to contribute, that way for sure you can make it.
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I am amazed how TribalDex provides 'start up' services that would encourage more new projects!
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That's right and indeed TribalDex and BeeSwap are market creators, pillars for any new project.
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The chain's evolution in such a short period of time is brilliant.
Thinking about what we could do on the old chain compared to the opportunities we have now, it's like chalk and cheese.
So exciting to be a part of.
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And better times are yet to come. We have the bases, we have the infrastructure and now we need to continue to develop and improve the solutions as well as welcome new projects. And we might have some great airdrops coming our way, let's not forget the Speak Network!
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Actually Steem can never be on Hive's level because once it was taken over the creativity on Steem is lost.
True words and communities from Hive are what fuel this blockchain.
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Thank you for the post my friend. Very informative!! Within the 3 months that I've been playing #Splinterlands and creating content in #Splintertalk, sometimes I prefer writing than playing (a thing I would say it would never happen!!) #Hive has come to change everything!! By the way, I leave you my latest post in case u are interested in https://www.splintertalk.io/@beffeater/brawl-report-4w-strike-battle
Indeed Hive is evolving and all the projects from here are prime investment instruments and opportunities for those that got into this space.
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I'm loving that HIVE is evolving to be a diverse purpose platform. While content creation is still important, it is also important to provide other solutions in order to solidify HIVE's place in the market. Personally, I really like the layer-2 community tokenization and associated DeFi that comes along with it.
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2nd Layer tokens and communities simply bring more value for any participant.
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I think the high loyalty to Hive through the social media aspect in a small circle of people means that a power down is less of an issue than on other blockchains.
People have grown with Hive and have had real adventures with it. Many Hivians see the chain almost like a friend you don't want to lose. Perhaps this is also a reason why Hive is currently developing so independently.
Right, we've all started with content creation and curation and now we are in a phase where we have DeFi options and awesome projects to get involved in.
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I mean it is indeed and I hope to see mor3 as well. Thanks for he updates boss
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Steem doesn't even come close anymore with Hive getting the quality of Planning and Dev work we are blessed with.
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Hive has something for everyone to be part of start building. Bunch of opportunities in one place.
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