For me the #seed token is about having some fun along the way and is a more personal investment backing the individual. Just goes to show you being part of the Hive Blockchain can reward you in ways you would not really expect to happen anywhere else.
Last week we saw the launch of the #seed token and it is a totally different type of investment from any other one I have undertaken. The main difference being you are not backing a particular project or team, but an individual you have never met. Backing an individual like @empoderat is a no brainer in my thinking as he has skills and it is the trading skills and knowledge I am investing in along with 41 others currently. From the original first batch of 20 000 seed tokens there are currently 3800 left which I am hoping to snaffle some more.
Being a centralised token lol being a one man band the trust is there as he is a valued member of the Hive/Leofinance community. This is not just about the investor though as @empoderat needs to make it work so he can also earn decent rewards so in a way this is a win win scenario for everyone involved.
The same could be said for Leofinance and Kingdoms but we know the team and their track record so the element of trust is there as they have the history behind them. I think it is more fun and enjoyable backing the individuals as the trust is there knowing there is no rug pulls happening in the future.
When DeFi was first mentioned on the Leofinance tribe earlier in the year I was hoping it would go along the similar lines of seed for those that had no clue in how to get involved. What #seed has done is opened up a whole new way of being able to invest into projects I normally would have no clue in where to begin.
What I really like about this particular token is there will only be a 100 000 market cap so if you were lucky enough to have 1000 you would own 1% of the entire token existence. Costing only $1 right now or 1 HBD this is a feasible target and one I am hoping to achieve slowly over the next month or two.
The plan for #seed to get involved into tokens that are launching which are difficult to obtain unless you have the funding and knowledge how to. Thankfully @empoderat has this skill and know how which opens up the possibility of earning ridiculous profits as we have seen these token launches go from a few cents to a few dollars in no time. This is not the 10x or 15 x but the 100 x opportunities I have been seeking and now have the opportunity to benefit from these thanks to #seed.
I find it strange that out of all my investments right now this could be the needle in the haystack that could earn serious amounts of rewards. Thinking about it there are no things that need to be developed so in theory this could be up and running in no time making profits very quickly. There is no rush however as we all know good things come to those that wait.
This token in some ways is similar to LBI as you are also backing the individuals skills and their knowledge in how to grow the value through various means. LBI has been more about DeFi and knowing where @empoderat skill sets are it will also feature heavily in #seed somewhere.
Knowing the people you are investing in by their actions is definitely the best way to earn as not everyone is as lucky as we are on here. Being part of something is certainly special and the Leofinance community keeps on delivering and all we have to do is pay attention and read what is happening next.