Hive is an ecosystem that consists of these dApps, various communities, and projects. The decentralized system in Hive makes it accessible to everyone. With no single individual in control of the platforms, individuals and communities can build their different projects on the Hive Blockchain network. For instance, I can choose to build a community where farmers relate to each other, share information on agriculture, and send out our findings to the world in a blog. Different data can be seen and stored in the hive network.
The economic systems adopted in Web3 relied on cryptocurrency for the transfer of digital value and assets; hence, we have the hive token, which has been serving such purposes for as long as hive has existed. I have been on the blockchain for good 4 years now and have both used different dApps and traded the native Hive token. Hive Blockchain has equally enjoyed very fast transactions with no gas fees. Transfers of the token to exchanges over the years have cost me no gas fee compared to other blockchains like Ethereum.
Hive dApps
The best user experience can be seen in all the Hive dApps, and one can choose whatever social activity one desires. Hive has been a Web3 social media platform that allows content creators, investors, and members of the community to create projects on the blockchain, and so far, different projects have evolved and thrived successfully on the blockchain controlled by individuals.
Active hive users can participate in these projects and activities from games (GameFi), sports, social, NFT, s and videos all have different dApps as seen above bringing out their creativity both handon and otherwise. And as an active user of the Blockchain I have enjoyed creating contents using the social dApps including video contents with 3speak.Utilizing these dApps also create a multi stream income that comes from participating in the activities on the blog chain.
Some very active hive dApps are
- Social dApps like Ecency, Peakd.
- The microbloging #inleo
- Games dApps; #Splinterland , #Holozing #PsyberX #dcity #Risingstar.
Projects Built and Financed on Hive
Over time, we have seen different projects built on the hive blockchain and financed by hive. Personally, I have engaged in an outreach where Some schoolchildren were empowered and given a tip of scholarships and we all can relate to the Hive Ghana project, where different boreholes have been built for communities.
If you look closer, you will also see that we have different activities, such as the #Actifits that you engage in daily to stay fit and healthy. Another project is the #cleanplanet project, where users are paid in hive tokens to keep our earth clean.
- The newest project I have seen is from our #earnspendgive community, where the founder is experimenting a frugal lifestyle that can be accessible to hivers and individuals in underdeveloped countries. Sampling the cheapest technology and lifestyle that can be adopted by individual to live their best lives even in a poor state.
- Moving into the #leofinance community, we have seen different projects/initiatives where users learn about cryptocurrency, staking, and investing in the various projects on the blockchain. The #HPUD/ #LPUD are various examples of such initiatives.
- I won't fail to make mention of the Saturday Savers Club, where I was encouraged along with other active savers to save our finances over time in order to meet with or carry out some specific life's project. Having a Savers Club and watching the strength of other members encourages individuals in the club. I can tell how I have purchased my fashion working tools through active earnings saving, staking, and investing.
In conclusion, a lot of projects have been built on the hive blockchain, and I am privileged to have stumbled upon this link here you will find out about all the projects that have been built on the blockchain so far, and it's possible to pick some areas of interest. There is an endless list of activities that one can engage in and actively participate in, both with passive and active earnings, as well as influencing our live and network. It is time to come explore the hive ecosystem get active , engage , blog and earn participating in these activities while living and enjoying your best lives. This can also serve as one of the easier guide in the Blockchain for newbies.
This is my submission to the #aprilinleo daily prompt day and i invite you to check out this link for more interesting topics and be a participant.