Understanding POB And It's Future

Going through my feed this morning, I came upon @melbourneswest's Ecency Upvote Contest for Proof of Brain (POB) and I knew this is a contest I could participate in. You can too by clicking on the title to take you to the post. I will be writing on what got me involved in POB and what I see the future of POB to be.

Ever since I joined Hive, I have always been on the lookout for something new and interesting, especially in the area of investment. Anything to get my digital assets to work and earn for me, I'm all for it. I became focused on Hive-based tokens, researching them and trying to understand how it all works.

I remember I was having a chat in The Terminal discord channel about a month and a half ago when @stayten raised the topic that there is a new front-end called Proof Of Brain where one can earn their tokens by content creation and curation. Simply use your brain and earn. The name was what stirred my curiosity and I got to understand that all subjects can be posted to this community, the requirement is "just have a brain".

After this conversation, I searched out the community, joined and read up on the POB whitepaper post. I was impressed that this community had its own front-end.

I understand it's unique tokenomics was inspired by Hive, Bitcoin and Leo token. Like Hive, you earn the POB tokens by content creation and curation. Like Bitcoin, it's reward will be reduced by 50% every four years to increase the scarcity and make it more valuable. Like Leo, the rewards are split 50-50 between the author and curator. Also, POB can be burned to promote posts on proofofbrain.io just like @madstacks does.

This was enough to guarantee me of its future. Just like most crypto related assets, do not expect instant ROI. Rather focus on its being long term, that way the asset can grow. I made up my mind to be a part of this community long-term.

I knew it's the earlier takers that enjoy opportunities like this so I decided right there to hop on the train while there were still lots of empty space left. I joined the community and the discord server. When POB called for Hive delegations, I delegated a token Hive and was given the same amount in POB delegations.

^{Screenshot from my phone}

This helped me to curate posts with the POB tag or posted in the POB community. So far I have been earning some POB tokens steadily and I have been staking them to increase my delegation.

I am impressed by the performance and rate POB is growing steadily. When I read that it reached the same price as the hive coin on the Hive engine, I will say it's laudable.​

^{Screenshot from my phone}

Though I still struggle with posting from its front-end, I believe POB will be around for as long as the Hive blockchain continues because of the means of earning which is content creation. Basically that is what the hive blockchain is all about - a community of content creators. I am not surprised it's price is improving steadily. In the long run it will do better if more people come on board and stake more rather than be quick to sell their tokens.

Thank you for visiting my blog.