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What Is Giving Hive The Edge?

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Written by   107
1 month ago

Hive Is About Building

Stability trumps random rewards that may in fact disappear. This is an aspect that so many do not fully explore. A lot of content creators avoid Hive and other second layers such as Leofinance due to the fact that it is initially quite difficult to gain any meaningful traction. Posts can so easily slip past unnoticed, even if they are informative and of a decent caliber.

However, the Hive model does offer the best long-term prospects in regards to stability and rewards. It is not reliable upon outside sponsors or companies and therefore has an edge that I find paramount. Independence is at the heart of my own economic construct and though complete Independence is not very realistic, it is important to have as much of it as possible.

I recently mentioned on Noise.cash that I had a large Twitter account (11K) that got suspended in 2017 because I was tweeting about ICO's. If Twitter is a primary part or mechanism in your own construct and that happens, you are done!

The same can be said if you have a primary source of income that is reliant upon sponsorships or other stimuli. If those contributions dry up, so do your earnings. This is where the Hive economic model makes so much sense and is given validation.

The community has to be committed in order to grow and remain relevant. Fortunately, that is actually the case. Dedicated members of the community realize that in building Hive, they are building up their own economy as well. This is a highly attractive aspect that is very unique and is only possible due to the way Hive is designed and operates.

In most cases, the entity wins the majority of the time but in the case of Hive, it is different. The entity and community are the same people. This creates a powerful dynamic because the motivation is unparalleled. It is a true case of a win/win scenario, which I love!

Tribes & The Multiplication Factor

Tribes are basically second-layer solutions that have their own native token. Many may not be aware of this but when making use of Tribes, you are in essence posting to multiple platforms and earning multiple tokens.

Posting an article on Hive, users can tag in certain Tribes, enabling them to earn HIVE, LEO and a multitude of other tokens as their posts are also visible on the second layers. For instance, I may earn $12 for my post on Hive. If I simultaneously posted to Leofinance as well, I could earn a second $12, in some cases more and others less.

Essentially, I am multiplying my earnings through utilizing second layers and receiving the applicable tokens as a reward. Hive becomes an economy that is built upon a tokenomics construct that works and is rewarding.

Just because a platform rewards users with Crypto, does not necessarily make it a decentralized entity. Similarly, not every Crypto project is decentralized.

Protecting Your Interests

By making use of a more decentralized model, you are protecting your property and contribution. Many Crypto-based platforms censor and remove content, ultimately showing you who actually owns it.

The recent surge in the HIVE price is truly well deserved in my opinion and is very rewarding to a lot of Hivers I am sure. Here's to a decentralized future on Hive. 

This article was first published on Sapphire Crypto!

Disclaimer

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Avatar for SapphireCrypto
Written by   107
1 month ago
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