Anyone who is a follower of this account know that we made a home on Leofinance. This is a specific area that @lbi-token decided to focus upon. However, all of this is a part of a larger ecosystem called Hive.
This is nothing new to anyone who is a regular contributor. All of you are well aware of the opportunities that exist and how we are trying to leverage them with LBI.
That said, it is good to remind ourselves of what it is all about along with further enhancing our success on here.
For that reason, it is best to write about some of the possibilities that come with Hive.
This might seem like an odd question but it is really something that we all need to consider. For me, it is home. However, there are many nuances that have to be explained.
There was a terrific article put out by @spinvest yesterday that brought up some major points.
We've all heard the saying, money is time and im going to show you exactly what that means on HIVE. What can you do in 2 hours per week on HIVE to make an income? Your first thought is to produce some content because HIVE is a social network blockchain, right? It was in the past but it's evolving. Ask anyone that joined HIVE through Splinterlands and they will tell you it's a gaming blockchain, ask someone that found CUBfinance and they will tell you that bHIVE/HBD and bLEO are used for defi staking. HIVE is many things and it's the community, me and you that are the ones that decide its fate.
This is an important notion to consider. Hive is what we make of it. There are a lot of opportunities before us and it is flexible enough to cater to what we desire. The lens we look at things with can alter the experience that we have.
So, for each of us, answering what is Hive is vital. We need to have an understanding what we seek and how we are willing to go about it. When we talk about building, a lot of it will stem from the ideas we carry about this blockchain.
LBI is one of many options on Hive which seeks to leverage the different features for maximum gain. As people get involved, we see the growth occurring on a steady basis. Of course, surviving the bear market is never easy yet this is when fortunes are made.
Do not be concerned where LBI is today. Instead, look at where it will be in 5-10 years.
That is the timeframe that has an impact.
Another aspect of that article which is crucial is the idea we all have a role to play. Hive is no something that we leave to others. It is permissionless meaning anyone can participate. However, the ultimate success depends upon us all.
The article cited above came from the investment perspective. Nevertheless, we can swap out a few words to make it applicable to a great deal more.
SPinvest encourages others to create and build investment tokens/funds/incomes on HIVE, we don't see it as competition and more of an opportunity. We own slices of the biggest projects and have helped fund and set up tribes. SPinvest understands HIVEs sidechain potential and what future investments could be built on hive-engine and sees this as the start. In 20 years, you think HIVE sidechain tokens will be worth more are less as a total?
LBI was an offspring from SPinvest. This is something that was copied a number of times. Since this is a cooperative, any project that helps Hive is of benefit to all of us.
If we view this through the lens of an economy, we can see how the more that is taking place, the better it is. Here we are focusing upon funds but the same is true for games, databases, and anything else we can think of.
The key is that it is up to each person to do his or her part. Hive provides the opportunity but it is all volunteer. Those who want to participate are the ones who are making a difference.
Ironically, they are also the ones who are reaping a major portion of the benefits, both at the base layer and with the layer 2 projects.
It is all before us with Hive. For those of us who made it our home, we now have the ability to forge our own path. There are many variations popping up, most of what need the assistance of others.
Be willing to jump in where you are interested. It is badly needed.
Article by @taskmaster4450le