You are viewing a single comment's thread from:

RE: SpkNetwork: Going To Lock Up Millions Of HIVE

in LeoFinance3 years ago

Just to get a better understanding...You say that milions of HIVE is going to be locked up in the network, where does this HIVE come from..??..people locking it up in the SIP as an investment..or??
No matter what, this...plus other DAPPS that are creating high demand for HIVE, is going to push the HIVE price even higher....another, often overlooked factor is ressource credits (RC), which will keep up the demand...HIVE is the place to be in the future, no doubt about that!

Sort:  

Just to get a better understanding...You say that milions of HIVE is going to be locked up in the network, where does this HIVE come from..??..people locking it up in the SIP as an investment..or??

To buy either miners or advertising on the network, one needs to use HIVE. It goes into the SIP and is broken into HIVE, BROCA, and SPEAK. This helps to provide liquidity for the other two tokens.

Posted Using LeoFinance Beta

That makes sense😀 Thanks for making it clear!