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/
