Cryptocurrency have come to stay with great potentials. It has modernized and enhanced a lot of human endeavours and activities. Its potentials have been felt on the financial world and improves the services and opportunities on the banking sector. In the banking sectors with great services and projects like lending, investment, trading etc. Crypto and allied services have widen these services and attract a lot of clients too.
Hive, a prominent crypto project based blockchain
technology have great potentials too. It is a social blogging site where content are created and shared. These contents of various forms are encouraged, engaged and appreciated. There are many incentivized ways on Hive and blessing for her bloggers as they earn a lot of tokens plus Hive and Hive backed Dollar for their various important roles within the ecosystem.
There are many niche and communities within the Hive ecosystem with their objectives and projects. Some of these communities represent country, group and projects. For instance, Hive Ghana for ghanians and africans, Hive naija for Nigerians and others, Alive tribe, neoxians, leofinance, archon, cine, brofi etc. They have active members, whose roles helps to sustain the ecosystem. Some of these projects have been tokenized with several valuable token to be earned and traded. All of these communities formed the layer 2 of the main platform with $Hive as its main token. In Hive ecosystem, for one to earn more, there are many ways to be active and invest more. They includes:
BUYING AND HODLING OF THE TOKEN
There are many benefits, One earn from buying and hodling Hive token. Hive token can be bought from many exchange platforms. It is one of highly sought token on the exchanges. There are my trading pairs for Hive on the market space including BTC/HIVE,HIVE/USDT,HIVE/ETH etc on exchanges like Binance, Huobi, Coinbase etc. Investors can buy them and hodled them as its prices soars as market prices varies.
Hodling this precious token on the wallet as hive power will increase the chances to earn more curation rewards. Curation rewards is one of the incentivized ways on Hive blockchain on which one earn hive token from the curated posts based on its voting power and weight. For instance, Wallet A have 12,456 HP earns higher with high voting power than Wallet B with 357 at the same power. What about the layer 2 tokens?
All the layer 2 tokens have a greater potential and benefit when one buy and hodled them on the wallets. But many of them are bought from exchange platform based on Hive ecosystem like Hive-engine, beeswap, leodex, tribaldex etc. Hodling some of these token boost the chances to earn more curation rewards. Some of these project encourage one to just hodled their tokens to earn more rewards. For instance, brofi project has the main role of hodling the token for more reward. Its a good investment opportunity on hive platform for astute traders and investor.
Some project on Hive assign goverance role for their token holders. Investing on these projects means that one alligned its objectives to the long term objectives of the project and promotes it. As the project assign such roles like supervising, curating, writing posts, marketing heads etc, their loyal, efforts and resources are rewarded handsomely.
DECENTRALIZED FINANCE
Some projects like leo.voter, aliveandthriving, LOL etc have mining and deFi programs where their tokens are farmed as long as one provided and delegated some of the hive power/tokens to them.
As the projects earn more from the investment, the dividends are shared with the investors and delegators. This is one of the benefit and ways to invest on Hive.
LIQUIDITY PROVIDER
There are many exchanges based on Hive platform where instant trading are concluded optimally. In their pool, there is enough token/liquidity provided to power the projects. These liquidity are provided by investors. There are many benefits of providing liquidities on the market exchange which includes earning of some token for these useful acts on the blockchain.
Many of the exchanges offer exciting prizes and rewards for the liquidity provided thereby encouraging the trades therein.
REAL ESTATE INVESTMENT
Dcity and other related games on Hive offer a great potentials for investor to own a visual land and assets on the platform. Like other real estate business, there are many benefit attached as there are high chances of appreciation of those assets and estates.
Investors on these projects always smiles as their investment are always productive and encouragement. There is little or no chances of losing the assets and affecting the investment.
CONCLUSION
There are many ways on investing on Hive platform as it comes with greater gains and benefits. Many more interesting avenues are created and explore on Hive blockchain as its potential are least known.
Adopting and exploring of Hive platform should be encouraged as a best platform with great investment opportunities with greater gains. Thanks to @highghana for this topic.