Hello lovelies.
Creating the time in my busy schedule to stop over Hive to learn and also share my thoughts is always rewarding. This baby girl is grateful to all those putting up great contents that helps a novice like me to find a good footing.
I sent one of my hive post links to my colleagues and they were like "you are now a professional blogger". No, I am just learning and working hard to improve on what I know. Even when there is no certificate here, the knowledge and earnings is just a priceless pair.
My new goal since last week was to learn vocabularies related to cryptocurrency. What prompted that was that I got bugged with jargons I couldn't understand. Each day, I try to learn at least 3 new related words.
Cool that the three I learnt last week is related to splinterlands game - DeFi, SocialFi and GameFi. From now on, I hope I can use them appropriately.
Splinterlands has become a home
You read well. My understanding of the game is growing gradually and significantly, alongside my investment and earnings. I know I will spread to other communities. @Leofinance is on my radar. I already love what I am seeing with #threads and I am using it too.
Once I get grounded with the know-hows of splinterlands, it will be easier to deepen my knowledge and engagement on other communities.
DeFi
I learnt that DeFi, short for Decentralized finance, is the removal of third parties and centralized institutions from financial transactions. This means that I can send money and receive same, crypto in this case to and from a friend without the troubles that are associated with traditional financial institutions.
DeFi pools is a market where assets can easily be swapped to another with ease. I have done a lot of that with Tribaldex on Hive blockchain.
Also, I have provided liquidity in hive-engine pools and earned more cryptos for doing so. The recent is the SPS:SPT pool related to the splinterlands game. This link can take tou to the pools tab on Splinterlands.
SocialFi
SocialFi, the short for "social finance,” represents the merger of social networking and decentralized finance (DeFi). That means, you do social activities and can trasfer money in the process too without the intermediary. The whole of Hive is dedicated to that.
Since I got serious with my social activity on hive, it has been primarily on Splinterlands. I write about splinterlands game and earn HBD, HIVE, SPT, ONEUP and other tokens. These tokens can be sent to anyone at will with ease and without a fee.
Few days ago, I wrote this post telling the multiple ways to earn from Splinterlands as a New user.
GameFi
GameFi, the short for the merger of gaming and finance is the financialisation of gaming. That is, you play games and you earn money for doing so. It is characterized by its 'play-to-earn' (P2E) business model.
I have started playing splinterlands game. Unfortunately, I lost the few attempts I made. Others are earning though. Here is the link to my battle history. I am still learning and will soon tell how big I am earning from playing games on hive.
Having all in One spot is really fun
Beautiful is it that SPlinterlands game allows you to access DeFi, SocialFi and GamFi with just one account and on one platform. Drawing financial benefits for financial transactions, playing games and going social is such a great benefit of cryptocurrency.
Thank you again to all the creators and developers on Hive. Thank you all my teachers here on Hive. Thank you for those who mark my scripts with their upvotes. I am happy to see that I am growing in understanding this environment, but more interesting is that I am paid to to learn on hive.
Thank you all, I love you.
