I don't know how long ago #PoSh was originally created, but it has been a while now and I have mentioned it several times before. For those who don't know, "PoSh" stands for Proof of Share and is an an initiative conceived by 
Personally, I am not very active on Twitter, though I have tried to be in the past and do go in and check out what is going on Hive-wise there. However, there are many who are very active and there is value in getting Hive-derived content filtering out into the wider world.
While on platform there is the opportunity to earn in curation, sharing content doesn't come with an financial incentive, which is a bit of a shame. PoSh changes this though, as when content gets shared on Twitter, it is evaluated on how it performs and when compared to other shares of the day, will earn a piece of the 500 POSH tokens from the daily pool. This means that people who have active Twitter accounts can leverage their audience and earn POSH tokens, without needing to post on Hive itself - it becomes a consumer earner.
POSH tokens are traded on the Hive-Engine market and while modest, it is early days in the POSH journey and there will hopefully be more volume coming. The other day there was an airdrop and since I only got a couple hundred, last night I bought a couple thousand more, to make myself a little PoSher.
What I like about this initiative is that while it is still purely speculative and has little direct token usecase, there is potential in it to become a token that can unite many Hive interfaces externally in the future.
For example, to qualify for access to the daily POSH pool, you would need to register at the hiveposh.com domain to connect the Hive and Twitter accounts and share a link from one of the whitelisted frontends, which are currently hive.blog, leofinance.io, ecency.com and of course peakd.com - and add #hive or $hive as tags to the Tweet. This means that a consumer with an active Twitter can have a pool of content to share with the world each day that also earns them a bit and drives traffic back to the numerous Hive gateways. This is good for everyone.
While I am speculating even further here, I think it might be interesting if the value of the POSH token was supported by some of the interfaces or various stakeholders, so they can piggyback and it becomes a trigger for additional token drops, where for instance, a share from Leo could earn a little LEO on it as well, or various ways of collecting a small fund somewhere along the line to buyback POSH and burn. Who knows. What is known however, is that getting content spread far and wide is valuable.
While most people work on the financial incentive which is natural given we are in crypto, one aspect of this initiative that adds value is the discussion around sharing and how more people will start considering sharing Hive content with the outside world. It would be fantastic if Hive content was getting shared outside of the platform to wherever it was relevant, with trickles of consumers being pulled back in to find the future of the internet as they will learn it.
Oh, another interesting thing about the current set up is that the tokens earned by the unregistered Tweeters who qualify with the right share conditions, get burnt. This means that out of the 500 daily tokens, only a handful might actually go into circulation, increasing scarcity. However, what would be awesome is if all of the active people on Twitter registered and used the posh conditions to earn and create demand scarcity on the pool, which means that the earnings or purchases now could be much more valuable in the future, especially if the initiative keeps growing and attracts some additional support from the community to add growing value to the token.
So, for the Twitter users out there:
Additional information on PoSh can be found here including the comment details that are left after a share on Twitter, which uses editing comments in a pretty cool way.
Got something to share?
Taraz
[ Gen1: Hive ]
