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RE: Wen Utility? Hive Community Tokens

in LeoFinancelast year

Hive is an access token and coupled with HBD can eventually be a payment method for the entire ecosystem. LEO is developing revenue streams via the bridging mechanisms and ads. BRO has scarcity and benefits of access, plus assets. EDS has a model that pays dividends in HIVE. The gaming tokens have their utility tokens that are supposed to eventually be governance and access tokens. Splinterlands is obviously the furthest along here, but PsyberX and Ragnarok are headed the same direction. WOO and GLX are also moving that direction. LEN seems to have a decent plan. CARTEL has assets and potential but needs development. Most of the tokens are lacking that. The key is figuring out which ones you believe are actually going to put some work in to build something of value. You have to realize that HIVE is trading for a fraction of a dollar right? Most of these tokens are trading for a tiny fraction of HIVE. In other words, they are not worth hardly anything. There's a reason you can buy as much as you want for fractions of a penny. If they figure something out, you could be richly rewarded. But odds are against that happening so...buyer beware.

Like I said, I believe HIVE and LEO have development teams that are continuously working to build value. Those are the ones I'm sticking to. The rest I have bits and pieces in. Some are fun. Some are just being supportive. Some have great communities. But all are longshots. Risk reward. I haven't put much into any of them so I just hold onto them in case.

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The way I read the blog post I think @imno's issue is primarily the utility of the tokens and secondarily the liquidity. If a token has more utility uses there should be more demand for the token which should theoretically drive up the amount of liquidity that people would be willing to provide pools. In principle due to pairing if one token has a lot of utility and demand it should bootstrap the weaker performing token it is paired to.